Perella Weinberg Partners(PWP) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Q3 2025 Revenue was $164.6 million, a decrease of 41% compared to $278.2 million in Q3 2024[41] - YTD 2025 Revenue reached $531.7 million, down 18% from $652.4 million in YTD 2024[41] - LTM Q3 2025 Revenue totaled $757 million, a 12% decrease year-over-year[27] - Q3 2025 Pre-Tax Income was $20 million, compared to $51.6 million in Q3 2024[27, 42] - YTD 2025 Pre-Tax Income was $53 million, compared to $96.7 million in YTD 2024[27, 42] - Q3 2025 Earnings per Share (EPS) was $0.13[27] Capital Management - The company had $186 million in cash with no debt as of September 30, 2025[27] - Approximately $690 million has been returned to equity holders[35] - 6.4 million shares equivalents were retired YTD 2025, at an average price of $21.66[36] Business Overview - The firm has 76 advisory partners globally[12, 18] - The firm has approximately 700 employees[12] - Partners and employees own > 30% of the firm[32]