Perella Weinberg Partners
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
PWP$13.83-4.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition as of
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Cash and cash equivalents | $255,906 | $331,558 |
| Restricted cash | 1,144 | 1,213 |
| Investments in short-term marketable debt securities | — | 75,830 |
| Accounts receivable, net of allowance | 62,689 | 73,293 |
| Due from related parties | 626 | 1,146 |
| Fixed assets, net of accumulated depreciation and amortization | 77,206 | 84,886 |
| Intangible assets, net of accumulated amortization | 12,523 | 12,612 |
| Goodwill | 72,691 | 34,383 |
| Prepaid expenses and other assets | 46,776 | 29,224 |
| Right-of-use lease assets | 138,495 | 139,637 |
| Deferred tax asset, net | 129,581 | 92,969 |
| Total assets | $797,637 | $876,751 |
| Liabilities, Redeemable Non-Controlling Interests, and Equity | ||
| Accrued compensation and benefits | $210,268 | $325,225 |
| Accounts payable, accrued expenses and other liabilities | 47,102 | 68,919 |
| Lease liabilities | 186,066 | 187,349 |
| Amount due pursuant to tax receivable agreement | 93,461 | 65,493 |
| Total liabilities | 536,897 | 646,986 |
| Commitments and Contingencies (Note 17) | ||
| 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) | 388,099 | 651,140 |
| Equity | ||
| Class A common stock, par value $0.0001 per share (1,500,000,000 shares authorized, 81,308,801 issued and 66,739,647 outstanding at December 31, 2025; 1,500,000,000 shares authorized, 72,544,696 issued and 59,181,721 outstanding at December 31, 2024) | 8 | 7 |
| Class B common stock, par value $0.0001 per share (600,000,000 shares authorized, 22,139,506 issued and outstanding at December 31, 2025; 600,000,000 shares authorized, 27,460,600 issued and outstanding at December 31, 2024) | 2 | 3 |
| 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) | — | — |
| Additional paid-in-capital | 144,197 | — |
| Retained earnings (accumulated deficit) | (130,596) | (303,708) |
| Accumulated other comprehensive income (loss) | (2,521) | (6,193) |
| 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) | (138,449) | (111,484) |
| Total equity | (127,359) | (421,375) |
| Total liabilities, redeemable non-controlling interests, and equity | $797,637 | $876,751 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.