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Side-by-side financial comparison of Perella Weinberg Partners (PWP) and QUHUO Ltd (QH). Click either name above to swap in a different company.

Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $157.9M, roughly 1.4× QUHUO Ltd).

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

QUHUO Ltd. operates an on-demand lifestyle service platform focused on the Chinese mainland market. Its core offerings include gig workforce solutions, community group-buy services, and local life service matching for merchants and individual users, covering household services, catering operation support, and community retail segments to effectively connect service providers with end consumers.

PWP vs QH — Head-to-Head

Bigger by revenue
PWP
PWP
1.4× larger
PWP
$219.2M
$157.9M
QH

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
PWP
PWP
QH
QH
Revenue
$219.2M
$157.9M
Net Profit
$13.8M
Gross Margin
Operating Margin
8.5%
Net Margin
6.3%
Revenue YoY
-2.9%
Net Profit YoY
EPS (diluted)
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PWP
PWP
QH
QH
Q4 25
$219.2M
Q3 25
$164.6M
Q2 25
$155.3M
$157.9M
Q1 25
$211.8M
Q4 24
$225.7M
Q3 24
$278.2M
Q2 24
$272.0M
$222.9M
Q1 24
$102.1M
Net Profit
PWP
PWP
QH
QH
Q4 25
$13.8M
Q3 25
$6.0M
Q2 25
$2.7M
Q1 25
$17.3M
Q4 24
Q3 24
$16.4M
Q2 24
$-66.0M
$-6.4M
Q1 24
$-35.8M
Gross Margin
PWP
PWP
QH
QH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.5%
Q1 24
Operating Margin
PWP
PWP
QH
QH
Q4 25
8.5%
Q3 25
5.4%
Q2 25
5.8%
Q1 25
5.5%
Q4 24
Q3 24
12.9%
Q2 24
-30.2%
-2.7%
Q1 24
-52.4%
Net Margin
PWP
PWP
QH
QH
Q4 25
6.3%
Q3 25
3.6%
Q2 25
1.8%
Q1 25
8.2%
Q4 24
Q3 24
5.9%
Q2 24
-24.3%
-2.9%
Q1 24
-35.1%
EPS (diluted)
PWP
PWP
QH
QH
Q4 25
$0.11
Q3 25
$0.08
Q2 25
$0.04
Q1 25
$0.24
Q4 24
Q3 24
$0.24
Q2 24
$-1.21
Q1 24
$-0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PWP
PWP
QH
QH
Cash + ST InvestmentsLiquidity on hand
$255.9M
$4.3M
Total DebtLower is stronger
$858.0K
Stockholders' EquityBook value
$-127.4M
$57.4M
Total Assets
$797.6M
$118.4M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PWP
PWP
QH
QH
Q4 25
$255.9M
Q3 25
$185.5M
Q2 25
$145.0M
$4.3M
Q1 25
$111.2M
Q4 24
$407.4M
Q3 24
$335.1M
Q2 24
$185.3M
$14.3M
Q1 24
$156.7M
Total Debt
PWP
PWP
QH
QH
Q4 25
Q3 25
Q2 25
$858.0K
Q1 25
Q4 24
Q3 24
Q2 24
$1.2M
Q1 24
Stockholders' Equity
PWP
PWP
QH
QH
Q4 25
$-127.4M
Q3 25
$-302.4M
Q2 25
$-318.4M
$57.4M
Q1 25
$-323.1M
Q4 24
$-421.4M
Q3 24
$-360.8M
Q2 24
$-283.0M
$64.6M
Q1 24
$161.9M
Total Assets
PWP
PWP
QH
QH
Q4 25
$797.6M
Q3 25
$650.2M
Q2 25
$606.7M
$118.4M
Q1 25
$570.5M
Q4 24
$876.8M
Q3 24
$810.9M
Q2 24
$645.5M
$135.0M
Q1 24
$583.6M
Debt / Equity
PWP
PWP
QH
QH
Q4 25
Q3 25
Q2 25
0.01×
Q1 25
Q4 24
Q3 24
Q2 24
0.02×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PWP
PWP
QH
QH
Operating Cash FlowLast quarter
$34.8M
$-5.8M
Free Cash FlowOCF − Capex
$30.5M
FCF MarginFCF / Revenue
13.9%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
2.52×
TTM Free Cash FlowTrailing 4 quarters
$-34.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PWP
PWP
QH
QH
Q4 25
$34.8M
Q3 25
$59.2M
Q2 25
$56.1M
$-5.8M
Q1 25
$-176.5M
Q4 24
$223.4M
Q3 24
$200.3M
Q2 24
$90.0M
Q1 24
$-206.3M
Free Cash Flow
PWP
PWP
QH
QH
Q4 25
$30.5M
Q3 25
$57.6M
Q2 25
$55.3M
Q1 25
$-177.6M
Q4 24
$207.0M
Q3 24
$199.3M
Q2 24
$83.7M
Q1 24
$-214.8M
FCF Margin
PWP
PWP
QH
QH
Q4 25
13.9%
Q3 25
35.0%
Q2 25
35.6%
Q1 25
-83.8%
Q4 24
91.7%
Q3 24
71.6%
Q2 24
30.8%
Q1 24
-210.3%
Capex Intensity
PWP
PWP
QH
QH
Q4 25
2.0%
Q3 25
0.9%
Q2 25
0.5%
Q1 25
0.5%
Q4 24
7.3%
Q3 24
0.4%
Q2 24
2.3%
Q1 24
8.3%
Cash Conversion
PWP
PWP
QH
QH
Q4 25
2.52×
Q3 25
9.85×
Q2 25
20.50×
Q1 25
-10.18×
Q4 24
Q3 24
12.23×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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