Form 8-K

8-K — Perella Weinberg Partners

Accession: 0001777835-26-000040

Filed: 2026-05-01

Period: 2026-05-01

CIK: 0001777835

SIC: 6199 (FINANCE SERVICES)

Item: Results of Operations and Financial Condition

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Documents

8-K — pwp-20260501.htm (Primary)

EX-99.1 (q12026ex991-earningsrelease.htm)

GRAPHIC (imagea.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: pwp-20260501.htm · Sequence: 1

pwp-20260501

0001777835FALSE00017778352026-05-012026-05-01

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 1, 2026

Commission File Number: 001-39558

PERELLA WEINBERG PARTNERS

(Exact Name of Registrant as Specified in its Charter)

Delaware 84-1770732

( State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

767 Fifth Avenue

New York, NY

10153

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (212) 287-3200

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Class A Common Stock, par value $0.0001 per share PWP Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On May 1, 2026, Perella Weinberg Partners (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. The press release may contain hypertext links to information on the Company’s website. The information on the Company’s website is not incorporated by reference into and does not constitute a part of this Current Report on Form 8-K.

The information provided under this Item (including Exhibit 99.1) is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

Compensatory Arrangements of Certain Officers.

Alexandra Gottschalk, Chief Financial Officer of the Company, has been appointed to the additional role of Chief Operating Officer of the Company, effective April 27, 2026.

Ms. Gottschalk, 39, has served as our Chief Financial Officer since January 2024. Ms. Gottschalk is a seasoned financial executive, with nearly 20 years of finance and accounting experience. Prior to being named Chief Financial Officer, Ms. Gottschalk served as Chief Accounting Officer of the Company since 2019 where she played a key role in leading the firm through its public listing process in 2021. Ms. Gottschalk has also served as Controller of the Company or its business units (including TPH&Co.) since 2010. Prior to that, she was with PricewaterhouseCoopers in the firm’s Assurance practice and began her career at Deloitte in the International Tax Group. Ms. Gottschalk serves on the Investment Committee of the Houston Zoo. She received a Master of Science in Accountancy and a Bachelor of Business Administration in Accounting from the University of Houston Honors College and is a Certified Public Accountant.

There is no family relationship between Ms. Gottschalk and any other person that would require disclosure under Item 401(d) of Regulation S-K. Further, with regard to Ms. Gottschalk, there are no transactions since the beginning of the Company’s last fiscal year, or any currently proposed transaction, in which the Company is a participant that would require disclosure under Item 404(a) of Regulation S-K.

Cautionary Note Regarding Forward-Looking Statements

This Form 8-K contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, which reflect the Company’s current views with respect to, among other things, statements about the share repurchase program. You can identify these forward-looking statements by the use of words such as “estimates,” “projected,” “expects,” “estimated,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “would,” “future,” “propose,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. A further list and description of these risks, uncertainties and other factors can be found in the Company’s filings with the U.S. Securities and Exchange Commission. These filings and subsequent filings are or will be available online at www.sec.gov or on request from the Company.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Press Release Issued by the Company dated May 1, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PERELLA WEINBERG PARTNERS

By: /s/ Alexandra Gottschalk

Alexandra Gottschalk

Chief Financial Officer and Chief Operating Officer

Date: May 1, 2026

EX-99.1

Filename: q12026ex991-earningsrelease.htm · Sequence: 2

Document

Exhibit 99.1

Perella Weinberg Reports First Quarter 2026 Results

Financial Overview

•Revenues of $149 Million, Down 30% from a Record First Quarter a Year Ago

•GAAP Pre-Tax Loss of $(11) Million, Adjusted Pre-Tax Loss of $(3) Million

•GAAP Diluted EPS of $0.02, Adjusted EPS of $0.05

Talent Investment

•Year-To-Date Added Two Partners and Eleven Managing Directors with an Additional MD to Join

•Gleacher Shacklock Acquisition to Add an Additional Five Partners and Three Managing Directors

Capital Management

•Strong Balance Sheet with $78 Million of Cash and No Debt

•Retired More Than Two Million Shares and Share Equivalents through Net Settlement

•Returned $64 Million in Aggregate to Equity Holders

•Declared Quarterly Dividend of $0.07 Per Share

“We continue to see momentum across our business – client dialogue remains exceptionally strong and our announced and pending backlog is at a two-year quarterly high. Our acquisition of Gleacher Shacklock adds meaningful presence in the UK – Europe's largest advisory market – and alongside our senior talent additions and the integration of Devon Park, we are more scaled and diversified geographically and by industry and product than at any point in our history. We remain focused on our clear and simple strategy to scale our business,” stated Andrew Bednar, Chief Executive Officer.

NEW YORK, NY, May 1, 2026 – Perella Weinberg Partners (the “Firm,” “Perella Weinberg,” or “PWP”) (NASDAQ:PWP) today reported financial results for the first quarter ended March 31, 2026.

* Throughout this release, adjusted figures represent Non-GAAP information. See “Non-GAAP Financial Measures” and the tables at the end of this release for an explanation of the adjustments and reconciliations to the comparable GAAP numbers. GAAP diluted net income (loss) per share attributable to Class A common shareholders and Adjusted net income (loss) per Class A share—diluted, if—converted will be referred to as “GAAP Diluted EPS” and “Adjusted EPS,” respectively.

Revenues

For the three months ended March 31, 2026, revenues were $148.9 million, a decrease of 30% from a first quarter record of $211.8 million a year ago, driven by fewer fee paying clients and a decline in closings across both M&A and financing and capital solutions, partially offset by an increase in average fee per client.

Expenses

Three Months Ended March 31,

2026 2025

GAAP Adjusted GAAP Adjusted

Operating expenses

(Dollars in Millions)

Total compensation and benefits $ 122.1 $ 117.1 $ 149.2 $ 141.9

% of Revenues 82 % 79 % 70% 67%

Non-compensation expenses $ 39.8 $ 37.4 $ 50.9 $ 49.3

% of Revenues 27 % 25 % 24% 23%

GAAP total compensation and benefits were $122.1 million for the first quarter of 2026, compared to $149.2 million for the first quarter of 2025. Adjusted total compensation and benefits were $117.1 million for the first quarter of 2026, compared to $141.9 million for the same period a year ago. The decrease was driven by a lower discretionary bonus accrual on lower revenues. Excluding the bonus decrease, compensation expense increased year-over-year due to higher cash compensation and equity amortization from investments in new hires and higher headcount. The higher compensation margin reflects the decline in revenues on an absolute dollar basis against a higher non-bonus compensation base, compounded by the timing of restricted stock units (“RSU”) vesting from prior stock-based compensation awards, which is concentrated in the first quarter.

GAAP non-compensation expenses were $39.8 million for the first quarter of 2026, compared to $50.9 million for the first quarter of 2025. Adjusted non-compensation expenses were $37.4 million for the first quarter of 2026, compared to $49.3 million for the same period a year ago. The decrease in non-compensation expenses was largely driven by lower professional fees and a decrease in bad debt expense.

Provision for Income Taxes

As of March 31, 2026, Perella Weinberg Partners owned 76.3% of the operating partnership (“PWP OpCo”) and is subject to U.S. federal and state corporate income tax on its allocable share of earnings. Income earned by PWP OpCo is subject to certain state, local, and foreign income taxes. The GAAP effective tax rate for the three months ended March 31, 2026 was 93%, which included $6.6 million of tax benefit from RSUs that vested at a share price higher than the grant price.

For purposes of calculating adjusted if-converted net income, we present our results as if all partnership units had been converted to shares of Class A common stock and as if all of our adjusted results were subject to U.S. corporate income tax. For the three months ended March 31, 2026, adjusted if-converted net income included $7.4 million of tax benefit from the vesting of RSUs at a share price higher than the grant price. Excluding this benefit, the adjusted if-converted effective tax rate would have been 28%.

Balance Sheet and Capital Management

As of March 31, 2026, we had $77.7 million of cash with no outstanding indebtedness and an undrawn revolving credit facility.

During the three months ended March 31, 2026, we returned $63.8 million in aggregate to our equity holders through: (i) the net settlement of 2,738,502 share equivalents at an average price per share of $20.14 and (ii) the payment of aggregate dividends of $8.6 million to Class A common stockholders.

At March 31, 2026, there were 70.6 million shares of Class A common stock and 21.9 million partnership units outstanding.

The Board of Directors has declared a quarterly dividend of $0.07 per share of Class A common stock. The dividend will be paid on June 15, 2026 to Class A common stockholders of record on June 1, 2026.

Conference Call and Webcast

Management will host a webcast and conference call on Friday, May 1, 2026 at 9:00 am ET to discuss Perella Weinberg’s financial results for the first quarter ended March 31, 2026.

A webcast of the conference call will be made available in the Investors section of Perella Weinberg’s website at https://investors.pwpartners.com/.

The conference call can also be accessed by the following dial-in information:

•Domestic: (800) 245-3047

•International: (203) 518-9765

•Conference ID: PWPQ126

Replay

A replay of the call will also be available two hours after the live call through May 8, 2026. To access the replay, dial (800) 839-6136 (Domestic) or (402) 220-2572 (International). The replay can also be accessed on the Investors section of the Company’s website at https://investors.pwpartners.com/.

For those who listen to the rebroadcast of the call, we remind you that the remarks made are as of May 1, 2026, and have not been updated subsequent to the initial earnings call.

About Perella Weinberg

Perella Weinberg is a leading global independent advisory firm, providing strategic and financial advice to a broad client base, including corporations, financial sponsors, governments, and sovereign wealth funds. The Firm offers a wide range of advisory services to clients in some of the most active industry sectors and global markets. With approximately 700 employees, Perella Weinberg currently maintains offices in New York, London, Houston, Los Angeles, San Francisco, Paris, Chicago, Munich, Palm Beach, Denver, Calgary, and Greenwich. The financial information of Perella Weinberg herein refers to the business operations of PWP Holdings LP and Subsidiaries.

Contacts

For Perella Weinberg Investor Relations: investors@pwpartners.com

For Perella Weinberg Media: media@pwpartners.com

Non-GAAP Financial Measures

In addition to financial measures presented in accordance with GAAP, we monitor certain non-GAAP financial measures to manage our business, make planning decisions, evaluate our performance and allocate resources. We believe that these non-GAAP financial measures are key financial indicators of our business performance over the long term and provide useful information regarding whether cash provided by operating activities is sufficient to maintain and grow our business. We believe that the methodology for determining these non-GAAP financial measures can provide useful supplemental information to help investors better understand the economics of our platform.

These non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or as a substitute for, the analysis of other GAAP financial measures. These non-GAAP financial measures are not universally consistent calculations, limiting their usefulness as comparative measures. Other companies may calculate similarly titled financial measures differently. Additionally, these non-GAAP financial measures are not measurements of financial performance or liquidity under GAAP. In order to facilitate a clear understanding of our consolidated historical operating results, you should examine our non-GAAP financial measures in conjunction with our historical consolidated financial statements and notes thereto included elsewhere in this press release.

Management compensates for the inherent limitations associated with using these non-GAAP financial measures through disclosure of such limitations, presentation of our financial statements in accordance with GAAP and reconciliation of such non-GAAP financial measures to the most directly comparable GAAP financial measures. See “Non-GAAP Financial Measures” and the tables at the end of this release for an explanation of the adjustments and reconciliations to the comparable GAAP numbers.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements made in this press release, and oral statements made from time to time by representatives of PWP are “forward-looking statements” within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding expectations for the business are “forward-looking statements.” In addition, words such as “estimates,” “projected,” “expects,” “estimated,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “would,” “future,” “propose,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the parties, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include (but are not limited to): global economic, business and market conditions; the Company’s dependence on and ability to retain employees; the Company’s ability to successfully identify, recruit and develop talent; conditions impacting the corporate advisory industry; the Firm’s dependence on its fee-paying clients and fluctuating revenues from its non-exclusive, engagement-by-engagement business model; the high volatility of the Company’s revenues as a result of its reliance on advisory fees that are largely contingent on the completion of events which may be out of its control; the Company’s ability to appropriately manage conflicts of interest and tax and other regulatory factors relevant to the Company’s business, including actual, potential or perceived conflicts of interest and other factors that may damage its business and reputation; the Company’s successful formulation and execution of its business and growth strategies; substantial litigation risks in the financial services industry; cybersecurity and other operational risks; assumptions relating to the Company’s operations, financial results, financial condition, business prospects, growth strategy and liquidity; extensive regulation of the corporate advisory industry and U.S. and foreign regulatory developments relating to, among other things, financial institutions and markets, government oversight, fiscal and tax policy and laws (including the treatment of carried interest); and other risks and uncertainties described under “Part I—Item 1A. Risk Factors” in our Annual Report on Form 10-K.

The forward-looking statements in this press release and oral statements made from time to time by representatives of PWP are based on current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those that the Company has anticipated. These risks and uncertainties include, but are not limited to, those factors described in the section entitled “Risk Factors” in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 27, 2026 and the other documents filed by the Firm from time to time with the SEC. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Consolidated Statements of Operations (Unaudited)

(Dollars in Thousands, Except Per Share Amounts)

Three Months Ended

March 31,

2026 2025

Revenues $ 148,917 $ 211,831

Expenses

Compensation and benefits 91,275 122,999

Equity-based compensation 30,785 26,245

Total compensation and benefits 122,060 149,244

Professional fees 7,912 19,196

Technology and infrastructure 9,980 9,289

Rent and occupancy 5,872 6,326

Travel and related expenses 5,928 5,644

General, administrative and other expenses 4,235 5,463

Depreciation and amortization 5,831 5,001

Total expenses 161,818 200,163

Operating income (loss) (12,901) 11,668

Non-operating income (expenses)

Other income (expense) 2,259 231

Total non-operating income (expenses) 2,259 231

Income (loss) before income taxes (10,642) 11,899

Income tax expense (benefit) (9,897) (9,474)

Net income (loss) (745) 21,373

Less: Net income (loss) attributable to non-controlling interests (2,232) 4,034

Net income (loss) attributable to Perella Weinberg Partners $ 1,487 $ 17,339

Net income (loss) per share attributable to Class A common shareholders

Basic $ 0.02 $ 0.28

Diluted $ 0.02 $ 0.24

Weighted-average shares of Class A common stock outstanding

Basic 70,398,710 62,138,123

Diluted 101,175,788 75,839,577

GAAP Reconciliation of Adjusted Results (Unaudited)

(Dollars in Thousands, Except Per Share Amounts)

Three Months Ended

March 31,

2026 2025

Total compensation and benefits—GAAP $ 122,060 $ 149,244

Public company transaction related incentives(1)

(4,362) (7,318)

Acquisition related incentives(2)

(612) —

Adjusted total compensation and benefits $ 117,086 $ 141,926

Non-compensation expense—GAAP $ 39,758 $ 50,919

Amortization of acquired intangible assets(3)

(2,253) (1,645)

Business combination transaction expenses(4)

(127) —

Adjusted non-compensation expense(5)

$ 37,378 $ 49,274

Operating income (loss)—GAAP $ (12,901) $ 11,668

Public company transaction related incentives(1)

4,362 7,318

Acquisition related incentives(2)

612 —

Amortization of acquired intangible assets(3)

2,253 1,645

Business combination transaction expenses(4)

127 —

Adjusted operating income (loss)

$ (5,547) $ 20,631

Income (loss) before income taxes—GAAP $ (10,642) $ 11,899

Public company transaction related incentives(1)

4,362 7,318

Acquisition related incentives(2)

612 —

Amortization of acquired intangible assets(3)

2,253 1,645

Business combination transaction expenses(4)

127 —

Adjustments to non-operating income (expenses)(6)

(54) 16

Adjusted income (loss) before income taxes

$ (3,342) $ 20,878

Income tax expense (benefit)—GAAP $ (9,897) $ (9,474)

Tax impact of non-GAAP adjustments(7)

3,338 3,815

Adjusted income tax expense (benefit)

$ (6,559) $ (5,659)

Net income (loss)—GAAP $ (745) $ 21,373

Public company transaction related incentives(1)

4,362 7,318

Acquisition related incentives(2)

612 —

Amortization of acquired intangible assets(3)

2,253 1,645

Business combination transaction expenses(4)

127 —

Adjustments to non-operating income (expenses)(6)

(54) 16

Tax impact of non-GAAP adjustments(7)

(3,338) (3,815)

Adjusted net income

$ 3,217 $ 26,537

Less: Adjusted income tax expense (benefit)

6,559 5,659

Add: If-converted income tax expense (benefit)(8)

(8,403) (8,382)

Adjusted if-converted net income

$ 5,061 $ 29,260

Weighted-average diluted shares of Class A common stock outstanding 101,175,788 75,839,577

Weighted average number of incremental shares from if-converted PWP OpCo units(9)

— 27,051,350

Weighted-average adjusted diluted shares of Class A common stock outstanding

101,175,788 102,890,927

Adjusted net income per Class A share—diluted, if-converted

$ 0.05 $ 0.28

Key metrics: (10)

GAAP operating income (loss) margin (8.7) % 5.5 %

Adjusted operating income (loss) margin

(3.7) % 9.7 %

GAAP compensation ratio 82 % 70 %

Adjusted compensation ratio 79 % 67 %

GAAP effective tax rate 93 % (80) %

Adjusted if-converted effective tax rate 251 % (40) %

Notes to GAAP Reconciliation of Adjusted Results:

(1)Public company transaction related incentives includes equity-based compensation for transaction-related RSUs and performance restricted stock units (“PSUs”), which are directly related to milestone events that were part of a business combination that closed on June 24, 2021, as well as employment taxes for these RSUs and PSUs. These expenses were outside of PWP’s normal and recurring bonus and compensation processes and will be fully expensed by the end of 2026.

(2)Acquisition related incentives includes retention bonus payments and equity-based compensation for RSUs granted in conjunction with the acquisition of Devon Park Advisors (“Devon Park”), as well as associated employment taxes. These expenses are outside of PWP’s normal and recurring bonus and compensation processes.

(3)The adjustment reflects the amortization of intangible assets associated with the Tudor, Pickering, Holt & Co., LLC (TPH) and Devon Park business combinations. This adjustment was previously referred to as “TPH business combination related expenses” in prior releases.

(4)Business combination transaction costs that were expensed associated with the acquisition of Devon Park.

(5)See reconciliation on the following page for the components of the consolidated statements of operations included in non-compensation expense—GAAP as well as Adjusted non-compensation expense.

(6)Includes the amortization of debt discounts and issuance costs for all periods presented. For the three months ended March 31, 2026, it includes the fair value adjustments to the liability-classified contingent consideration recognized in the Devon Park acquisition.

(7)The adjusted income tax expense (benefit) represents the Company’s calculated tax expense (benefit) on adjusted non-GAAP results. It excludes the impact on income taxes of certain transaction-related items and other items not reflected in our adjusted non-GAAP results. It does not represent the cash that the Company expects to pay for taxes in the current periods.

(8)The if-converted income tax expense (benefit) represents the Company's calculated tax expense (benefit) on adjusted non-GAAP results assuming the exchange of all PWP OpCo units for PWP Class A common stock, resulting in all of the Company’s results for the period being subject to corporate-level tax.

(9)Represents the dilutive impact assuming the conversion of all PWP OpCo units to shares of Class A common stock.

(10)Reconciliations of key metrics from GAAP to Adjusted results are a derivative of the reconciliation of their components.

GAAP Reconciliation of Adjusted Results (Unaudited)

(Dollars in Thousands)

Three Months Ended March 31, 2026

GAAP Adjustments Adjusted

Professional fees $ 7,912 $ (127)

(1)

$ 7,785

Technology and infrastructure 9,980 — 9,980

Rent and occupancy 5,872 — 5,872

Travel and related expenses 5,928 — 5,928

General, administrative and other expenses 4,235 — 4,235

Depreciation and amortization 5,831 (2,253)

(2)

3,578

Non-compensation expense $ 39,758 $ (2,380) $ 37,378

Three Months Ended March 31, 2025

GAAP Adjustments Adjusted

Professional fees $ 19,196 $ — $ 19,196

Technology and infrastructure 9,289 — 9,289

Rent and occupancy 6,326 — 6,326

Travel and related expenses 5,644 — 5,644

General, administrative and other expenses 5,463 — 5,463

Depreciation and amortization 5,001 (1,645)

(3)

3,356

Non-compensation expense $ 50,919 $ (1,645) $ 49,274

(1)Reflects an adjustment to exclude transaction and integration costs associated with the Devon Park acquisition.

(2)Reflects an adjustment to exclude the amortization of intangible assets related to the TPH and Devon Park business combinations.

(3)Reflects an adjustment to exclude the amortization of intangible assets related to the TPH business combination.

GRAPHIC

Filename: imagea.jpg · Sequence: 6

Binary file (71324 bytes)

Download imagea.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 8

v3.26.1

Cover

May 01, 2026

Cover [Abstract]

Document Type

8-K

Document Period End Date

May 01, 2026

Entity File Number

001-39558

Entity Registrant Name

PERELLA WEINBERG PARTNERS

Entity Incorporation, State or Country Code

Entity Tax Identification Number

84-1770732

Entity Address, Address Line One

767 Fifth Avenue

Entity Address, City or Town

New York

Entity Address, State or Province

Entity Address, Postal Zip Code

10153

City Area Code

212

Local Phone Number

287-3200

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class A Common Stock, par value $0.0001 per share

Trading Symbol

PWP

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

Entity Central Index Key

0001777835

Amendment Flag

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration