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Side-by-side financial comparison of Perella Weinberg Partners (PWP) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $219.2M, roughly 1.3× Perella Weinberg Partners). QUINSTREET, INC runs the higher net margin — 17.4% vs 6.3%, a 11.2% gap on every dollar of revenue. On growth, QUINSTREET, INC posted the faster year-over-year revenue change (1.9% vs -2.9%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $20.7M). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs 46.5%).
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.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
PWP vs QNST — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.2M | $287.8M |
| Net Profit | $13.8M | $50.2M |
| Gross Margin | — | 9.6% |
| Operating Margin | 8.5% | 0.4% |
| Net Margin | 6.3% | 17.4% |
| Revenue YoY | -2.9% | 1.9% |
| Net Profit YoY | — | 3342.5% |
| EPS (diluted) | $0.11 | $0.87 |
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.
| Q4 25 | $219.2M | $287.8M | ||
| Q3 25 | $164.6M | $285.9M | ||
| Q2 25 | $155.3M | — | ||
| Q1 25 | $211.8M | $269.8M | ||
| Q4 24 | $225.7M | $282.6M | ||
| Q3 24 | $278.2M | $279.2M | ||
| Q2 24 | $272.0M | $198.3M | ||
| Q1 24 | $102.1M | $168.6M |
| Q4 25 | $13.8M | $50.2M | ||
| Q3 25 | $6.0M | $4.5M | ||
| Q2 25 | $2.7M | — | ||
| Q1 25 | $17.3M | $4.4M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | $16.4M | $-1.4M | ||
| Q2 24 | $-66.0M | $-2.2M | ||
| Q1 24 | $-35.8M | $-7.0M |
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 8.8% | ||
| Q1 24 | — | 8.5% |
| Q4 25 | 8.5% | 0.4% | ||
| Q3 25 | 5.4% | 1.7% | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | 5.5% | 1.8% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | 12.9% | -0.4% | ||
| Q2 24 | -30.2% | -0.7% | ||
| Q1 24 | -52.4% | -3.2% |
| Q4 25 | 6.3% | 17.4% | ||
| Q3 25 | 3.6% | 1.6% | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 8.2% | 1.6% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | 5.9% | -0.5% | ||
| Q2 24 | -24.3% | -1.1% | ||
| Q1 24 | -35.1% | -4.2% |
| Q4 25 | $0.11 | $0.87 | ||
| Q3 25 | $0.08 | $0.08 | ||
| Q2 25 | $0.04 | — | ||
| Q1 25 | $0.24 | $0.08 | ||
| Q4 24 | — | $-0.03 | ||
| Q3 24 | $0.24 | $-0.02 | ||
| Q2 24 | $-1.21 | $-0.04 | ||
| Q1 24 | $-0.91 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $255.9M | $107.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-127.4M | $294.4M |
| Total Assets | $797.6M | $493.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $255.9M | $107.0M | ||
| Q3 25 | $185.5M | $101.3M | ||
| Q2 25 | $145.0M | — | ||
| Q1 25 | $111.2M | $81.8M | ||
| Q4 24 | $407.4M | $57.8M | ||
| Q3 24 | $335.1M | $25.0M | ||
| Q2 24 | $185.3M | $50.5M | ||
| Q1 24 | $156.7M | $39.6M |
| Q4 25 | $-127.4M | $294.4M | ||
| Q3 25 | $-302.4M | $246.7M | ||
| Q2 25 | $-318.4M | — | ||
| Q1 25 | $-323.1M | $235.5M | ||
| Q4 24 | $-421.4M | $224.3M | ||
| Q3 24 | $-360.8M | $219.8M | ||
| Q2 24 | $-283.0M | $216.8M | ||
| Q1 24 | $161.9M | $215.0M |
| Q4 25 | $797.6M | $493.0M | ||
| Q3 25 | $650.2M | $442.6M | ||
| Q2 25 | $606.7M | — | ||
| Q1 25 | $570.5M | $417.2M | ||
| Q4 24 | $876.8M | $409.6M | ||
| Q3 24 | $810.9M | $401.2M | ||
| Q2 24 | $645.5M | $368.5M | ||
| Q1 24 | $583.6M | $349.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $34.8M | $21.6M |
| Free Cash FlowOCF − Capex | $30.5M | $20.7M |
| FCF MarginFCF / Revenue | 13.9% | 7.2% |
| Capex IntensityCapex / Revenue | 2.0% | 0.3% |
| Cash ConversionOCF / Net Profit | 2.52× | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | $-34.1M | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.8M | $21.6M | ||
| Q3 25 | $59.2M | $19.6M | ||
| Q2 25 | $56.1M | — | ||
| Q1 25 | $-176.5M | $30.1M | ||
| Q4 24 | $223.4M | $38.7M | ||
| Q3 24 | $200.3M | $-13.7M | ||
| Q2 24 | $90.0M | $16.6M | ||
| Q1 24 | $-206.3M | $4.1M |
| Q4 25 | $30.5M | $20.7M | ||
| Q3 25 | $57.6M | $18.4M | ||
| Q2 25 | $55.3M | — | ||
| Q1 25 | $-177.6M | $29.5M | ||
| Q4 24 | $207.0M | $38.2M | ||
| Q3 24 | $199.3M | $-14.1M | ||
| Q2 24 | $83.7M | $15.4M | ||
| Q1 24 | $-214.8M | $2.9M |
| Q4 25 | 13.9% | 7.2% | ||
| Q3 25 | 35.0% | 6.4% | ||
| Q2 25 | 35.6% | — | ||
| Q1 25 | -83.8% | 10.9% | ||
| Q4 24 | 91.7% | 13.5% | ||
| Q3 24 | 71.6% | -5.1% | ||
| Q2 24 | 30.8% | 7.8% | ||
| Q1 24 | -210.3% | 1.7% |
| Q4 25 | 2.0% | 0.3% | ||
| Q3 25 | 0.9% | 0.4% | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.5% | 0.2% | ||
| Q4 24 | 7.3% | 0.2% | ||
| Q3 24 | 0.4% | 0.2% | ||
| Q2 24 | 2.3% | 0.6% | ||
| Q1 24 | 8.3% | 0.7% |
| Q4 25 | 2.52× | 0.43× | ||
| Q3 25 | 9.85× | 4.32× | ||
| Q2 25 | 20.50× | — | ||
| Q1 25 | -10.18× | 6.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 12.23× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PWP
Segment breakdown not available.
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
