Perella Weinberg Reports Third Quarter 2026 Results
Key Highlights
- ➤Third-quarter revenue $251.4 million, up 53% year over year
- ➤Third-quarter adjusted EPS reached $0.39
- ➤Acquired Gleacher Shacklock on September 1
- ➤$150 million cash, no debt, and undrawn revolving credit facility
- ➤Returned $88.3 million to equity holders year-to-date
Expert Statements
Andrew Bednar, Chief Executive Officer and Chairman of Perella Weinberg Partners
“Our third quarter performance demonstrates the strength and breadth of our franchise, and we are carrying strong momentum into the fourth quarter and 2027. The acquisition of Gleacher Shacklock deepens our presence in the UK and across Europe, enhancing our ability to advise clients on their most complex transactions. We will continue to execute on our strategic priorities to drive growth and scale our business to deliver value for our shareholders”
Financial Overview - Third Quarter * Revenues of $251 Million, Up 53% From a Year Ago and Up 61% From the Second Quarter * GAAP Pre-Tax Income of $35 Million, Adjusted Pre-Tax Income of $56 Million * GAAP Diluted EPS of $0.21, Adjusted EPS of $0.39 Financial Overview - Nine Months * Revenues of $557 Million, Up 5% From a Year Ago * GAAP Pre-Tax Income of $31 Million, Adjusted Pre-Tax Income of $80 Million * GAAP Diluted EPS of $0.29, Adjusted EPS of $0.63 Talent Investment * Year-To-Date Added Fourteen Partners and Thirteen Managing Directors * Closed Acquisition of Gleacher Shacklock on September 1 Capital Management * Strong Balance Sheet with $150 Million of Cash and No Debt * Year-To-Date Retired More Than Three Million Shares and Share Equivalents through Net Settlement and Open Market Repurchases * Year-To-Date Returned $88 Million in Aggregate to Equity Holders * Declared Quarterly Dividend of $0.07 Per Share “Our third quarter performance demonstrates the strength and breadth of our franchise, and we are carrying strong momentum into the fourth quarter and 2027. The acquisition of Gleacher Shacklock deepens our presence in the UK and across Europe, enhancing our ability to advise clients on their most complex transactions. We will continue to execute on our strategic priorities to drive growth and scale our business to deliver value for our shareholders,” stated Andrew Bednar, Chief Executive Officer and Chairman.
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