PWP on Nasdaq
Perella Weinberg Partners
American finance services company, incorporated in Delaware.
$13.76 up 0.73 (5.65%)Price as of Oct 15, 2026 at 17:33 UTC
Last updated Oct 18, 2026.
Overview
Compare with CleanSpark, IREN or Cango Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
United States brought in 75% of the revenue Perella Weinberg Partners broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $530.3M | $753.5M | $563.2M |
| United Kingdom | $53.6M | $48.8M | $100.9M |
| Other International Countries | $64.8M | $75.8M | $86.8M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs95¢$711.9M
- Income tax0¢$3.5M
- Profit5¢$35.5M
Out of $750.9M in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending12¢$4.3M
- Dividends paid66¢$22.9M
- Kept or used elsewhere22¢$7.6M
Out of $34.8M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenues | $750.9M | $878.0M | $648.7M |
| Compensation and benefits | $425.6M | $525.9M | $426.6M |
| Equity-based compensation | $109.8M | $258.3M | $182.4M |
| Total compensation and benefits | $535.4M | $784.2M | $608.9M |
| Professional fees | $43.5M | $49.3M | $39.6M |
| Technology and infrastructure | $38.0M | $35.7M | $34.5M |
| Rent and occupancy | $24.5M | $24.3M | $26.9M |
| Travel and related expenses | $22.7M | $19.8M | $19.0M |
| General, administrative and other expenses | $18.0M | $22.8M | $20.1M |
| Depreciation and amortization | $20.8M | $20.4M | $14.7M |
| Total expenses | $702.9M | $956.6M | $763.8M |
| Operating income (loss) | $48.0M | -$78.5M | -$115.1M |
| Total non-operating income (expenses) | $3.5M | $10.3M | $2.3M |
| Income (loss) before income taxes | $51.5M | -$68.3M | -$112.8M |
| Income tax expense (benefit) | $3.5M | $21.1M | -$980.0K |
| Net income (loss) | $48.0M | -$89.3M | -$111.8M |
| Less: Net income (loss) attributable to non-controlling interests | $12.5M | -$24.6M | -$94.6M |
| Net income (loss) attributable to Perella Weinberg Partners | $35.5M | -$64.7M | -$17.2M |
| Basic (in dollars per share) | $0.55 | -$1.22 | -$0.40 |
| Diluted (in dollars per share) | $0.47 | -$1.22 | -$1.33 |
| Basic (in shares) | 64.2M shares | 53.2M shares | 43.3M shares |
| Diluted (in shares) | 100.8M shares | 53.2M shares | 86.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $255.9M | $331.6M | ||
| Restricted cash | $1.1M | $1.2M | ||
| Investments in short-term marketable debt securities | $0 | $75.8M | ||
| Accounts receivable, net of allowance | $62.7M | $73.3M | ||
| Fixed assets, net of accumulated depreciation and amortization | $77.2M | $84.9M | ||
| Intangible assets, net of accumulated amortization | $12.5M | $12.6M | ||
| Goodwill | $72.7M | $34.4M | ||
| Prepaid expenses and other assets | $46.8M | $29.2M | ||
| Right-of-use lease assets | $138.5M | $139.6M | ||
| Deferred tax asset, net | $129.6M | $93.0M | ||
| Total assets | $797.6M | $876.8M | ||
| Accrued compensation and benefits | $210.3M | $325.2M | ||
| Accounts payable, accrued expenses and other liabilities | $47.1M | $68.9M | ||
| Lease liabilities | $186.1M | $187.3M | ||
| Amount due pursuant to tax receivable agreement | $93.5M | $65.5M | ||
| Total liabilities | $536.9M | $647.0M | ||
| Redeemable non-controlling interests (22,139,506 units at redemption value of $17.53 per unit as of December 31, 2025; 27,460,600 units at redemption value of $23.71 per unit as of December 31, 2024) | $388.1M | $651.1M | ||
| Preferred stock, par value $0.0001 per share (100,000,000 shares authorized, no shares issued and outstanding at December 31, 2025 and December 31, 2024) | $0 | $0 | ||
| Additional paid-in-capital | $144.2M | $0 | ||
| Retained earnings (accumulated deficit) | -$130.6M | -$303.7M | ||
| Accumulated other comprehensive income (loss) | -$2.5M | -$6.2M | ||
| Treasury stock, at cost (14,569,154 and 13,362,975 shares of Class A common stock at December 31, 2025 and December 31, 2024, respectively) | -$138.4M | -$111.5M | ||
| Total equity | -$127.4M | -$421.4M | $268.2M | $260.1M |
| Total liabilities, redeemable non-controlling interests, and equity | $797.6M | $876.8M | ||
| Redeemable non-controlling interests, units (in shares) | 22.1M shares | 27.5M shares | ||
| Redeemable non-controlling interests (in dollars per share) | $17.53 | $23.71 | ||
| Preferred stock par or stated value per share (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $255.9M | $331.6M | ||
| Restricted cash | $1.1M | $1.2M | ||
| Investments in short-term marketable debt securities | $0 | $75.8M | ||
| Accounts receivable, net of allowance | $62.7M | $73.3M | ||
| Fixed assets, net of accumulated depreciation and amortization | $77.2M | $84.9M | ||
| Intangible assets, net of accumulated amortization | $12.5M | $12.6M | ||
| Goodwill | $72.7M | $34.4M | ||
| Prepaid expenses and other assets | $46.8M | $29.2M | ||
| Right-of-use lease assets | $138.5M | $139.6M | ||
| Deferred tax asset, net | $129.6M | $93.0M | ||
| Total assets | $797.6M | $876.8M | ||
| Accrued compensation and benefits | $210.3M | $325.2M | ||
| Accounts payable, accrued expenses and other liabilities | $47.1M | $68.9M | ||
| Lease liabilities | $186.1M | $187.3M | ||
| Amount due pursuant to tax receivable agreement | $93.5M | $65.5M | ||
| Total liabilities | $536.9M | $647.0M | ||
| Redeemable non-controlling interests (22,139,506 units at redemption value of $17.53 per unit as of December 31, 2025; 27,460,600 units at redemption value of $23.71 per unit as of December 31, 2024) | $388.1M | $651.1M | ||
| Preferred stock, par value $0.0001 per share (100,000,000 shares authorized, no shares issued and outstanding at December 31, 2025 and December 31, 2024) | $0 | $0 | ||
| Additional paid-in-capital | $144.2M | $0 | ||
| Retained earnings (accumulated deficit) | -$130.6M | -$303.7M | ||
| Accumulated other comprehensive income (loss) | -$2.5M | -$6.2M | ||
| Treasury stock, at cost (14,569,154 and 13,362,975 shares of Class A common stock at December 31, 2025 and December 31, 2024, respectively) | -$138.4M | -$111.5M | ||
| Total equity | -$127.4M | -$421.4M | $268.2M | $260.1M |
| Total liabilities, redeemable non-controlling interests, and equity | $797.6M | $876.8M | ||
| Redeemable non-controlling interests, units (in shares) | 22.1M shares | 27.5M shares | ||
| Redeemable non-controlling interests (in dollars per share) | $17.53 | $23.71 | ||
| Preferred stock par or stated value per share (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $48.0M | -$89.3M | -$111.8M |
| Equity-based awards vesting expense | $110.5M | $188.9M | $184.5M |
| Depreciation and amortization | $20.8M | $20.4M | $14.7M |
| Foreign currency revaluation | $543.0K | $575.0K | $2.5M |
| Non-cash operating lease expense | $10.6M | $10.3M | $12.9M |
| Deferred taxes | $2.5M | -$2.5M | -$2.1M |
| Bad debt expense | $1.7M | $5.7M | $2.3M |
| Other | $788.0K | $694.0K | -$1.5M |
| Accounts receivable, net of allowance | $12.2M | -$32.8M | $18.8M |
| Due from related parties | $26.0K | $338.0K | -$213.0K |
| Prepaid expenses and other assets | -$16.9M | $1.2M | $4.3M |
| Accrued compensation and benefits | -$120.4M | $93.4M | $15.9M |
| Accounts payable, accrued expenses and other liabilities | -$24.5M | $21.0M | -$1.4M |
| Lease liabilities | -$11.1M | $5.6M | $7.0M |
| Net cash provided by (used in) operating activities: | $34.8M | $223.4M | $145.9M |
| Payment for Devon Park Acquisition, net of cash acquired | -$18.9M | $0 | $0 |
| Purchases of fixed assets | -$4.3M | -$16.4M | -$57.6M |
| Purchases of investments in short-term marketable debt securities | $0 | -$74.9M | -$89.3M |
| Maturities of investments in short-term marketable debt securities | $74.9M | $91.2M | $140.6M |
| Other | $0 | $0 | $488.0K |
| Net cash provided by (used in) investing activities | $51.7M | -$98.0K | -$5.8M |
| Proceeds from issuance of Class A common stock in public offering, net of underwriting discount and offering costs | $0 | $66.0M | $0 |
| Exchange of PWP OpCo Units and corresponding Class B common stock for cash | -$28.3M | -$63.4M | $0 |
| Distributions to partners | -$4.2M | -$18.3M | -$14.2M |
| Dividends paid on Class A and Class B common stock | -$22.9M | -$20.3M | -$13.1M |
| Withholding tax payments for vested PWP Incentive Plan Awards and equity-classified ACUs | -$78.1M | -$82.9M | -$16.7M |
| Treasury stock purchases | -$33.7M | -$15.0M | -$22.5M |
| Payments pursuant to tax receivable agreement | -$1.4M | -$1.1M | -$472.0K |
| Other | $0 | -$2.3M | $0 |
| Net cash provided by (used in) financing activities | -$168.6M | -$137.3M | -$67.0M |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $6.3M | -$3.3M | $2.9M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -$75.7M | $82.7M | $75.9M |
| Lease liabilities arising from obtaining right-of-use lease assets | $7.8M | $6.7M | $2.3M |
| Accrued distributions to partners | $0 | $4.2M | $0 |
| Accrued capital expenditures | $1.9M | $865.0K | $11.3M |
| Accrued dividend equivalents and dividend equivalent units on unvested PWP Incentive Plan Awards | $6.0M | $6.8M | $7.3M |
| Non-cash paydown of Partner promissory notes | $534.0K | $3.9M | $1.5M |
| Deferred tax effect resulting from changes in ownership and exchanges of PWP OpCo Units, net of amounts payable under tax receivable agreement | $8.6M | $8.5M | $1.5M |
| Reclassification of liability-classified equity-based awards | $0 | $6.7M | $0 |
| Cash paid for income taxes | $9.2M | $10.3M | $4.6M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Perella Weinberg Partners, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
2025
- Chief executive officerAndrew Bednar Feb 28, 2023 to now14
- Chief executive officerPeter A. Weinberg Sep 1, 2021 to Mar 8, 202215
- Chief executive officerDaniel G. Cohen Sep 24, 2020 to Oct 7, 202016
- ChairAndrew Bednar Aug 7, 2026 to now17
- ChairPeter A. Weinberg Sep 1, 2021 to Aug 7, 202615
- PresidentAndrew Bednar Jun 28, 2021 to Mar 8, 202218
- PresidentDietrich Becker Jun 28, 2021 to now19
- PresidentJames J. McEntee Iii. Sep 24, 2020 to Jun 28, 202120
- Chief financial officerAlexandra Gottschalk Feb 20, 2024 to now21
- Chief financial officerGary Barancik Jun 28, 2021 to Mar 7, 202322
- Chief financial officerDouglas Listman Sep 24, 2020 to Sep 24, 202023
- Chief operating officerAlexandra Gottschalk Sep 2, 2026 to now24
Board members and other officers (19)
- OfficerAlexandra Gottschalk Jun 28, 2021 to Sep 1, 202325
- OfficerPeter A. Weinberg Jun 28, 2021 to Jun 28, 202126
- Board memberHouda Dabboussi Aug 8, 2025 to now27
- Board memberRoy Edwin Bennett Aug 8, 2025 to now28
- Board memberElizabeth C. Fascitelli May 26, 2022 to now29
- Board memberKristin W. Mugford May 27, 2022 to now30
- Board memberAndrew Bednar Jun 28, 2021 to now18
- Board memberDaniel G. Cohen Jun 28, 2021 to Mar 16, 202331
- Board memberDietrich Becker Jun 28, 2021 to now19
- Board memberIvan G. Seidenberg Jun 28, 2021 to May 26, 202232
- Board memberJane Cecile Sherburne Jun 28, 2021 to now33
- Board memberPeter A. Weinberg Jun 28, 2021 to now26
- Board memberRobert K. Steel Jun 28, 2021 to now34
- Board memberBetsy Z. Cohen Sep 24, 2020 to Jun 29, 202135
- Board memberBrittain Ezzes Sep 24, 2020 to Jun 28, 202136
- Board memberJan Rock Zubrow Sep 24, 2020 to Jun 28, 202137
- Board memberLaura Kohn Sep 24, 2020 to Jun 28, 202138
- Board memberMadelyn Antoncic Sep 24, 2020 to Jun 28, 202139
- General counselVladimir Shendelman Jun 28, 2021 to Dec 15, 202340
Former names
- FinTech Acquisition Corp. IVJun 14, 2019 to Jun 23, 20214
Timeline
Filings
402 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 58 major events, 181 insider forms, 43 large holders, 99 other. The latest 20:
- Sep 3, 20264 EDGAR
- Sep 3, 20268-K EDGAR
- Sep 2, 20264 EDGAR
- Sep 2, 20264 EDGAR
- Sep 2, 20264 EDGAR
- Sep 2, 20264 EDGAR
- Sep 2, 20264 EDGAR
- Sep 1, 20268-K EDGAR
- Sep 1, 2026424B7 EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 7, 2026144 EDGAR
- Aug 7, 20264 EDGAR
- Aug 6, 2026144 EDGAR
- Aug 6, 2026SCHEDULE 13G/A EDGAR
- Aug 5, 2026144 EDGAR
- Aug 3, 2026SCHEDULE 13G EDGAR
- Aug 3, 2026SCHEDULE 13G EDGAR
- Aug 3, 2026SCHEDULE 13G EDGAR
- Jul 31, 2026SCHEDULE 13G EDGAR
- Jul 31, 202610-Q EDGAR
The 402 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 43 such filings since October 2021, the latest 10:
- Aug 13, 2026SCHEDULE 13G/A
- Aug 6, 2026SCHEDULE 13G/A
- Aug 3, 2026SCHEDULE 13G
- Aug 3, 2026SCHEDULE 13G
- Aug 3, 2026SCHEDULE 13G
- Jul 31, 2026SCHEDULE 13G
- Mar 27, 2026SCHEDULE 13G/A
- Feb 10, 2026SCHEDULE 13G/A
- Nov 12, 2025SCHEDULE 13G
- Nov 5, 2025SCHEDULE 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Fmr LLC | 9,897,191 | $158.0M | 0.0% | −146,891 |
| BlackRock, Inc. | 5,465,698 | $87.2M | 0.0% | +689,922 |
| Wellington Management Group Llp | 5,189,199 | $82.8M | 0.0% | +1,263,345 |
| William Blair Investment Management, LLC | 4,390,541 | $70.1M | 0.2% | +314,228 |
| Nuveen, LLC | 3,601,078 | $57.5M | 0.0% | +625,621 |
| Adage Capital Partners Gp, L.l.c. | 3,311,618 | $52.9M | 0.1% | +699,760 |
| Vanguard Capital Management LLC | 3,032,455 | $48.4M | 0.0% | +270,937 |
| Capital World Investors | 2,675,588 | $42.7M | 0.0% | +72,993 |
| Nomura Asset Management International Inc. | 2,549,221 | $40.7M | 0.1% | +1,300,085 |
| Boston Partners | 2,543,113 | $40.6M | 0.0% | +559,269 |
| Ameriprise Financial Inc | 2,268,931 | $36.2M | 0.0% | +301,761 |
| State Street Corp | 2,038,898 | $32.5M | 0.0% | +264,330 |
| Westwood Holdings Group Inc | 1,860,521 | $29.7M | 0.2% | −97,731 |
| Geode Capital Management, LLC | 1,825,865 | $29.1M | 0.0% | +212,192 |
| First Eagle Investment Management, LLC | 1,802,378 | $28.8M | 0.0% | +1,187,321 |
| Goldman Sachs Group Inc | 1,765,887 | $28.2M | 0.0% | −75,393 |
| Frontier Capital Management Co LLC | 1,624,195 | $25.9M | 0.2% | −243,400 |
| Bank Of America Corp /de/ | 1,515,078 | $24.2M | 0.0% | +198,596 |
| Royce & Associates LP | 1,393,188 | $22.2M | 0.2% | +421,197 |
| Raymond James Financial Inc | 1,302,843 | $20.8M | 0.0% | −7,320 |
| Aristotle Capital Boston, LLC | 1,152,220 | $18.4M | 1.2% | −81,238 |
| Schroder Investment Management Group | 1,128,125 | $17.4M | 0.0% | +138,337 |
| Dimensional Fund Advisors LP | 981,178 | $15.7M | 0.0% | +128,191 |
| Walleye Capital LLC | 960,597 | $15.3M | 0.1% | −385,713 |
| Russell Investments Group, Ltd. | 830,393 | $13.3M | 0.0% | −1,969 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| May 29, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −24.9% | Report |
| Jan 15, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −50.1% | Report |
| Mar 7, 2024 | Josh GottheimerDemocratic, House | Buy | $1,001 - $15,000 | −51.5% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2Yahoo FinancePWP quote
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- 17SEC EDGARAndrew Bednar, Chair
- 18SEC EDGARAndrew Bednar, President
- 19SEC EDGARDietrich Becker, President
- 20SEC EDGARJames J. McEntee Iii., President
- 21
- 22
- 23
- 24
- 25SEC EDGARAlexandra Gottschalk, Officer
- 26SEC EDGARPeter A. Weinberg, Officer
- 27SEC EDGARHouda Dabboussi, Board member
- 28SEC EDGARRoy Edwin Bennett, Board member
- 29
- 30SEC EDGARKristin W. Mugford, Board member
- 31SEC EDGARDaniel G. Cohen, Board member
- 32SEC EDGARIvan G. Seidenberg, Board member
- 33SEC EDGARJane Cecile Sherburne, Board member
- 34SEC EDGARRobert K. Steel, Board member
- 35SEC EDGARBetsy Z. Cohen, Board member
- 36SEC EDGARBrittain Ezzes, Board member
- 37SEC EDGARJan Rock Zubrow, Board member
- 38SEC EDGARLaura Kohn, Board member
- 39SEC EDGARMadelyn Antoncic, Board member
- 40SEC EDGARVladimir Shendelman, General counsel