For the quarter ending 2025-09-30, PWP had $40,486K increase in cash & cash equivalents over the period. $57,639K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 8,565 | 25,641 |
| Equity-based awards vesting expense | 27,791 | 54,618 |
| Depreciation and amortization | 5,024 | 10,053 |
| Bad debt expense | -39 | 1,592 |
| Foreign currency revaluation | 1,466 | -2,760 |
| Non-cash operating lease expense | 2,725 | 5,065 |
| Deferred taxes | 1,422 | -9,146 |
| Other | -16 | -1,735 |
| Accounts receivable, net of allowance | -7,227 | -25,847 |
| Due from related parties | 0 | -27 |
| Prepaid expenses and other assets | 693 | 5,765 |
| Accrued compensation and benefits | 24,392 | -222,375 |
| Accounts payable, accrued expenses and other liabilities | -12,828 | -5,309 |
| Lease liabilities | -2,978 | -5,137 |
| Net cash provided by (used in) operating activities | 59,158 | -120,394 |
| Purchases of fixed assets | 1,519 | 1,831 |
| Purchases of investments in short-term marketable debt securities | 0 | - |
| Maturities of investments in short-term marketable debt securities | 0 | 74,911 |
| Net cash provided by (used in) investing activities | -1,519 | 73,080 |
| Proceeds from issuance of class a common stock in public offering, net of underwriting discount and offering costs | 0 | 0 |
| Exchange of pwp opco units and corresponding class b common stock for cash | 0 | 28,258 |
| Withholding tax payments for vested pwp incentive plan awards and equity-classified acus | 4,837 | 71,965 |
| Distributions to partners | 4,233 | 0 |
| Dividends paid on class a and class b common stock | 5,518 | 12,748 |
| Treasury stock purchases | 1,907 | 31,748 |
| Payments pursuant to tax receivable agreement | 1,426 | - |
| Other | 0 | 0 |
| Net cash provided by (used in) financing activities | -17,921 | -144,719 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 768 | 5,452 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 40,486 | -186,581 |
| Cash and cash equivalents at beginning of period | 332,771 | - |
| Cash and cash equivalents at end of period | 186,676 | - |
Perella Weinberg Partners (PWP)
Perella Weinberg Partners (PWP)