v3.26.1

Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Assets
Cash and cash equivalents	$ 77,655	$ 255,906
Restricted cash	1,124	1,144
Accounts receivable, net of allowance	33,455	62,689
Fixed assets, net of accumulated depreciation and amortization	74,711	77,206
Intangible assets, net of accumulated amortization	10,270	12,523
Goodwill	72,691	72,691
Prepaid expenses and other assets	50,128	46,776
Right-of-use lease assets	135,325	138,495
Deferred tax assets, net	139,819	129,581
Total assets	595,795	797,637
Liabilities, Redeemable Non-Controlling Interests, and Equity
Accrued compensation and benefits	49,321	210,268
Accounts payable, accrued expenses and other liabilities	42,172	47,102
Lease liabilities	182,057	186,066
Amount due pursuant to tax receivable agreement	93,988	93,461
Total liabilities	367,538	536,897
Commitments and Contingencies (Note 16)
Redeemable non-controlling interests (21,924,506 units at redemption value of $17.47 per unit as of March 31, 2026; 22,139,506 units at redemption value of $17.53 per unit as of December 31, 2025)	382,966	388,099
Equity
Preferred stock, par value $0.0001 per share (100,000,000 shares authorized, no shares issued and outstanding at March 31, 2026 and December 31, 2025)	0	0
Additional paid-in-capital	119,364	144,197
Retained earnings (accumulated deficit)	(135,616)	(130,596)
Accumulated other comprehensive income (loss)	(3,810)	(2,521)
Treasury stock, at cost (14,073,407 and 14,569,154 shares of Class A common stock at March 31, 2026 and December 31, 2025, respectively)	(134,657)	(138,449)
Total Perella Weinberg Partners equity	(154,709)	(127,359)
Total equity	(154,709)	(127,359)
Total liabilities, redeemable non-controlling interests, and equity	595,795	797,637
Class A Common Stock
Equity
Common stock value	8	8
Class B Common Stock
Equity
Common stock value	2	2
Related Party
Assets
Due from related parties	$ 617	$ 626

Amount due pursuant to tax receivable agreement.

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