In Q2 2026, PJT Partners reported improving financial performance, supported by sustained activity in global M&A and elevated restructuring markets. The firm’s integrated offering combining strategic advisory, restructuring expertise, and alternative asset fundraising through PJT Park Hill strengthens its competitive positioning against boutiques and bulge bracket peers alike. Macroeconomic and geopolitical uncertainties remain key variables influencing deal flow momentum. PJT’s liquidity profile remains robust with over $235 million in cash and access to a $100 million revolving credit facility. Talent retention and cross-disciplinary collaboration continue as cornerstones to maintaining execution quality in this cyclical industry.