Latest revenue
$148.9M
as of 2026-03-31
Latest net income
$1.5M
as of 2026-03-31
Net margin
1.0%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- —
- Enterprise value
- —
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 1.1%
- 52-wk high
- $25.93
- 52-wk low
- $15.74
- Beta
- —
- Shares out
- —
5-year trend
What this company does
Item 1. Business General We are a leading global independent advisory firm that provides strategic and financial advice to clients across the most active industry sectors and international markets. Our wide range of global clients include large public multinational corporations, mid-sized public and private companies, financial sponsors, individual entrepreneurs, private and institutional investors, creditor committees and government institutions. We were founded in June 2006 with the opening of offices in New York and London, led by a team of ten seasoned advisory partners who previously held senior management positions at large global investment banks. The foundation of our Company was…
AI summary unavailable — showing raw filing excerpt
Generated from PWP's filing dated 2026-02-27
Key risks
Item 1A. Risk Factors Risk Factor Summary The principal risks and uncertainties affecting our business include (but are not limited to) the following: changing market conditions; the Company's ability to execute on its growth initiatives, business strategies or operating plans; the Company's ability to successfully identify, recruit, develop and retain talent; the Company's dependence on its fee-paying clients and fluctuating revenues from its non-exclusive, engagement-by-engagement business model; the high volatility of the Company's revenue as a result of its reliance on advisory fees that are largely contingent on the completion of events which may be out of its control; the Company's…
AI summary unavailable — showing raw filing excerpt
Generated from PWP's filing dated 2026-02-27
Profitability
Operating margin
6.4%
171.5%Net margin
4.7%
92.9%Return on equity
-139.6%
1137.2%Return on assets
4.4%
93.4%Leverage
Debt / equity
-3.08×
177.3%Long-term debt / equity
0.00×
Debt / assets
148.1%
85.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $148.9M | -29.7% | $1.5M | -91.4% | 1.0% |
Q4 2025 2025-12-31 | $219.2M | -2.9% | $9.4M | -98.6% | 4.3% |
Q3 2025 2025-09-30 | $164.6M | -40.8% | $6.0M | -63.3% | 3.6% |
Q2 2025 2025-06-30 | $155.3M | -42.9% | $2.7M | +104.1% | 1.8% |
Q1 2025 2025-03-31 | $211.8M | +107.4% | $17.3M | +148.4% | 8.2% |
Q4 2024 2024-12-31 | $225.7M | — | $673.7M | — | 298.5% |
Q3 2024 2024-09-30 | $278.2M | +100.2% | $16.4M | +898.9% | 5.9% |
Q2 2024 2024-06-30 | $272.0M | +64.3% | $-66.0M | -18492.2% | -24.3% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Finance Services · SIC 6199
Your notes
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Insider activity
Insider buying
$0
Insider selling
$14.6M
Net activity
−$14.6M
Distinct insiders
3
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns PWP
Institutional value
$598.1M
Total shares held
34.2M
Distinct holders
92
-76 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 4.8M | $86.7M | +29.0K (+0.6%) | Added |
| 2 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 4.1M | $74.0M | +130.2K (+3.3%) | Added |
| 3 | Nuveen, LLC | 3.0M | $54.0M | +114.1K (+4.0%) | Added |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 2.8M | $50.1M | — | New |
| 5 | Walleye Capital LLC | 2.7M | $48.9M | +1.2M (+83.7%) | Added |
| 6 | Capital World Investors | 2.6M | $47.3M | — | New |
| 7 | Boston Partners | 2.0M | $36.0M | +604.9K (+43.9%) | Added |
| 8 | FRANKLIN RESOURCES INC | 1.3M | $24.4M | +30.0K (+2.3%) | Added |
| 9 | WASATCH ADVISORS LP | 1.1M | $20.3M | -42.1K (-3.6%) | Trimmed |
| 10 | EMERALD ADVISERS, LLC | 1.0M | $18.5M | +31.2K (+3.2%) | Added |
| 11 | ROYCE & ASSOCIATES LP | 972.0K | $17.7M | +39.1K (+4.2%) | Added |
| 12 | DIMENSIONAL FUND ADVISORS LP | 853.0K | $15.5M | +267.9K (+45.8%) | Added |
| 13 | Russell Investments Group, Ltd. | 832.4K | $15.1M | +110.2K (+15.3%) | Added |
| 14 | EMERALD MUTUAL FUND ADVISERS TRUST | 621.8K | $11.3M | +80.5K (+14.9%) | Added |
| 15 | First Eagle Investment Management, LLC | 615.1K | $11.2M | +31.2K (+5.3%) | Added |
| 16 | SEI INVESTMENTS CO | 610.6K | $11.1M | +367.5K (+151.2%) | Added |
| 17 | VANGUARD PORTFOLIO MANAGEMENT LLC | 498.9K | $9.1M | — | New |
| 18 | VANGUARD FIDUCIARY TRUST CO | 460.3K | $8.4M | — | New |
| 19 | Bank of New York Mellon Corp | 237.6K | $4.3M | +3.2K (+1.4%) | Added |
| 20 | UBS Group AG | 228.3K | $4.1M | -62.8K (-21.6%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once PWP's latest filing finishes processing.