vs

Side-by-side financial comparison of Perella Weinberg Partners (PWP) and SunCar Technology Group Inc. (SDA). Click either name above to swap in a different company.

Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $119.7M, roughly 1.8× SunCar Technology Group Inc.). Perella Weinberg Partners runs the higher net margin — 6.3% vs -1.6%, a 7.9% gap on every dollar of revenue. Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $3.0K).

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.

SunCar Technology Group Inc. is a professional automotive digital service provider mainly operating in the Chinese market. It delivers connected car solutions, automotive big data services, and intelligent mobility operation support to automobile manufacturers, fleet operators, and end vehicle users, focusing on improving smart driving experience and automotive digital operation efficiency.

PWP vs SDA — Head-to-Head

Bigger by revenue
PWP
PWP
1.8× larger
PWP
$219.2M
$119.7M
SDA
Higher net margin
PWP
PWP
7.9% more per $
PWP
6.3%
-1.6%
SDA
More free cash flow
PWP
PWP
$30.5M more FCF
PWP
$30.5M
$3.0K
SDA

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
PWP
PWP
SDA
SDA
Revenue
$219.2M
$119.7M
Net Profit
$13.8M
$-1.9M
Gross Margin
Operating Margin
8.5%
1.5%
Net Margin
6.3%
-1.6%
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
SDA
SDA
Q4 25
$219.2M
Q3 25
$164.6M
Q2 25
$155.3M
$119.7M
Q1 25
$211.8M
$102.6M
Q4 24
$225.7M
Q3 24
$278.2M
$109.6M
Q2 24
$272.0M
Q1 24
$102.1M
Net Profit
PWP
PWP
SDA
SDA
Q4 25
$13.8M
Q3 25
$6.0M
Q2 25
$2.7M
$-1.9M
Q1 25
$17.3M
$-3.6M
Q4 24
Q3 24
$16.4M
$-2.2M
Q2 24
$-66.0M
Q1 24
$-35.8M
Operating Margin
PWP
PWP
SDA
SDA
Q4 25
8.5%
Q3 25
5.4%
Q2 25
5.8%
1.5%
Q1 25
5.5%
-2.9%
Q4 24
Q3 24
12.9%
0.2%
Q2 24
-30.2%
Q1 24
-52.4%
Net Margin
PWP
PWP
SDA
SDA
Q4 25
6.3%
Q3 25
3.6%
Q2 25
1.8%
-1.6%
Q1 25
8.2%
-3.6%
Q4 24
Q3 24
5.9%
-2.0%
Q2 24
-24.3%
Q1 24
-35.1%
EPS (diluted)
PWP
PWP
SDA
SDA
Q4 25
$0.11
Q3 25
$0.08
Q2 25
$0.04
Q1 25
$0.24
$-0.03
Q4 24
Q3 24
$0.24
$-0.01
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
SDA
SDA
Cash + ST InvestmentsLiquidity on hand
$255.9M
$45.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-127.4M
$29.4M
Total Assets
$797.6M
$277.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PWP
PWP
SDA
SDA
Q4 25
$255.9M
Q3 25
$185.5M
Q2 25
$145.0M
$45.7M
Q1 25
$111.2M
$60.5M
Q4 24
$407.4M
Q3 24
$335.1M
$42.0M
Q2 24
$185.3M
Q1 24
$156.7M
Stockholders' Equity
PWP
PWP
SDA
SDA
Q4 25
$-127.4M
Q3 25
$-302.4M
Q2 25
$-318.4M
$29.4M
Q1 25
$-323.1M
$34.8M
Q4 24
$-421.4M
Q3 24
$-360.8M
$17.7M
Q2 24
$-283.0M
Q1 24
$161.9M
Total Assets
PWP
PWP
SDA
SDA
Q4 25
$797.6M
Q3 25
$650.2M
Q2 25
$606.7M
$277.5M
Q1 25
$570.5M
$276.7M
Q4 24
$876.8M
Q3 24
$810.9M
$252.1M
Q2 24
$645.5M
Q1 24
$583.6M

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
SDA
SDA
Operating Cash FlowLast quarter
$34.8M
$9.0K
Free Cash FlowOCF − Capex
$30.5M
$3.0K
FCF MarginFCF / Revenue
13.9%
0.0%
Capex IntensityCapex / Revenue
2.0%
0.0%
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
SDA
SDA
Q4 25
$34.8M
Q3 25
$59.2M
Q2 25
$56.1M
$9.0K
Q1 25
$-176.5M
$-9.3M
Q4 24
$223.4M
Q3 24
$200.3M
$3.8M
Q2 24
$90.0M
Q1 24
$-206.3M
Free Cash Flow
PWP
PWP
SDA
SDA
Q4 25
$30.5M
Q3 25
$57.6M
Q2 25
$55.3M
$3.0K
Q1 25
$-177.6M
$-9.3M
Q4 24
$207.0M
Q3 24
$199.3M
$3.5M
Q2 24
$83.7M
Q1 24
$-214.8M
FCF Margin
PWP
PWP
SDA
SDA
Q4 25
13.9%
Q3 25
35.0%
Q2 25
35.6%
0.0%
Q1 25
-83.8%
-9.0%
Q4 24
91.7%
Q3 24
71.6%
3.2%
Q2 24
30.8%
Q1 24
-210.3%
Capex Intensity
PWP
PWP
SDA
SDA
Q4 25
2.0%
Q3 25
0.9%
Q2 25
0.5%
0.0%
Q1 25
0.5%
0.0%
Q4 24
7.3%
Q3 24
0.4%
0.3%
Q2 24
2.3%
Q1 24
8.3%
Cash Conversion
PWP
PWP
SDA
SDA
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.

Related Comparisons