The strong Q3 results and raised momentum into Q4 suggest continued advisory fee growth. Monitor the integration of Gleacher Shacklock and the pace of share repurchases for further upside.
Price Chart
Executive Summary
Perella Weinberg Partners reported Q3 2026 revenue of $251.4M, up 53% YoY and well above the $172.8M consensus, driven by a higher number of fee-paying clients and larger fee events. GAAP diluted EPS was $0.21, while adjusted EPS was $0.39, both exceeding the consensus estimate of $0.14. The company also completed the acquisition of Gleacher Shacklock and maintained a strong balance sheet with $150M cash and no debt.
Key Financial Metrics
Key Facts
- Q3 2026 revenue of $251.4M, up 53% YoY from $164.6M
- GAAP diluted EPS of $0.21, adjusted EPS of $0.39
- Revenue consensus was $172.8M; EPS consensus was $0.14
- Adjusted pre-tax income of $56M vs $20.3M a year ago
- Closed acquisition of Gleacher Shacklock on September 1, 2026
- Year-to-date retired over 3 million shares and share equivalents
- Declared quarterly dividend of $0.07 per share
- Balance sheet: $150M cash, no debt, undrawn revolver
Financial Impact
Revenue beat consensus by $78.6M (45.5%); adjusted EPS beat consensus by $0.25 (178.6%)
Risk Factors
- Advisory revenue is event-driven and can be volatile quarter-to-quarter
- Business realignment costs of ~$7M remaining through year-end
- Year-to-date nine-month revenue up only 5% YoY, indicating Q3 strength may not be linear
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3391078 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | SC 13G/A | $14.53 | awaiting T+5 | awaiting T+5 | $14.73 (+1.41%) |
Oct 29, 2026 3d ago | 8-K | No price | awaiting T+5 | awaiting T+5 | No price |
Oct 29, 2026 3d ago | Press Release | $14.00 | awaiting T+5 | awaiting T+5 | $14.73 (+5.21%) |
Jul 31, 2026 13w ago | 8-K | $17.65 $17.50 | ▼ −0.85% | ▼ −4.36% | $14.73 (−16.54%) |
Jul 21, 2026 14w ago | Press Release | $15.67 | awaiting T+5 | awaiting T+5 | $14.73 (−5.97%) |
Jun 12, 2026 20w ago | 144 | $16.01 $16.02 | ▲ +0.03% | ▲ +1.41% | $14.73 (−8.00%) |
May 1, 2026 26w ago | Press Release | $20.61 $18.38 | ▲ +10.82% | ▲ +13.17% | $14.73 (+28.53%) |
Apr 20, 2026 27w ago | Press Release | $21.31 $22.06 | ▲ +3.52% | ▲ +2.44% | $14.73 (−30.88%) |
Apr 13, 2026 28w ago | 8-K | $21.50 $21.31 | ▲ +0.88% | ▲ +2.28% | $14.73 (+31.49%) |
Apr 13, 2026 28w ago | Press Release | $20.96 $21.50 | ▲ +2.58% | ▼ −0.72% | $14.73 (−29.72%) |
US Market Status
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