Perella Weinberg’s 2025 Revenues Slide 14% to $751M; Q4 Revenues $219M
Perella Weinberg posted 2025 revenues of $751 million, a 14% drop from 2024, with GAAP pre-tax income at $52 million and adjusted EPS of $0.68 for the year. Q4 revenues reached $219 million (down 3% YoY, up 33% sequentially), GAAP pre-tax income was $22 million, and the firm held $256 million cash with no debt.
1. Full Year and Quarterly Financial Results
Perella Weinberg reported full-year 2025 revenues of $750.9 million, down 14% from $878.0 million in 2024, with GAAP pre-tax income of $52 million and adjusted pre-tax income of $82 million. Diluted GAAP EPS was $0.47 and adjusted EPS $0.68. In Q4, revenues totaled $219.2 million (down 3% YoY, up 33% sequentially), GAAP pre-tax income was $22 million, and GAAP diluted EPS was $0.10 (adjusted $0.17).
2. Capital Management and Talent Investment
The firm ended 2025 with $256 million cash, zero debt, repurchased over six million shares, and returned $163 million to equity holders. It added 12 partners and 11 managing directors in 2025 (plus two partners YTD), and acquired Devon Park Advisors to bolster secondaries advisory capabilities, positioning the firm for anticipated M&A and financing activity in 2026.