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Side-by-side financial comparison of Perella Weinberg Partners (PWP) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.
EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $219.2M, roughly 1.7× Perella Weinberg Partners). Perella Weinberg Partners runs the higher net margin — 6.3% vs 1.5%, a 4.8% gap on every dollar of revenue. On growth, Perella Weinberg Partners posted the faster year-over-year revenue change (-2.9% vs -12.5%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $23.2M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs -0.2%).
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.
Expro is an energy services provider headquartered in Houston, Texas, United States.
PWP vs XPRO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $219.2M | $382.1M |
| Net Profit | $13.8M | $5.8M |
| Gross Margin | — | — |
| Operating Margin | 8.5% | 3.1% |
| Net Margin | 6.3% | 1.5% |
| Revenue YoY | -2.9% | -12.5% |
| Net Profit YoY | — | -74.9% |
| EPS (diluted) | $0.11 | $0.05 |
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 | $382.1M | ||
| Q3 25 | $164.6M | $411.4M | ||
| Q2 25 | $155.3M | $422.7M | ||
| Q1 25 | $211.8M | $390.9M | ||
| Q4 24 | $225.7M | $436.8M | ||
| Q3 24 | $278.2M | $422.8M | ||
| Q2 24 | $272.0M | $469.6M | ||
| Q1 24 | $102.1M | $383.5M |
| Q4 25 | $13.8M | $5.8M | ||
| Q3 25 | $6.0M | $14.0M | ||
| Q2 25 | $2.7M | $18.0M | ||
| Q1 25 | $17.3M | $13.9M | ||
| Q4 24 | — | $23.0M | ||
| Q3 24 | $16.4M | $16.3M | ||
| Q2 24 | $-66.0M | $15.3M | ||
| Q1 24 | $-35.8M | $-2.7M |
| Q4 25 | 8.5% | 3.1% | ||
| Q3 25 | 5.4% | 6.4% | ||
| Q2 25 | 5.8% | 7.7% | ||
| Q1 25 | 5.5% | 2.6% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | 12.9% | 6.2% | ||
| Q2 24 | -30.2% | 5.9% | ||
| Q1 24 | -52.4% | 2.2% |
| Q4 25 | 6.3% | 1.5% | ||
| Q3 25 | 3.6% | 3.4% | ||
| Q2 25 | 1.8% | 4.3% | ||
| Q1 25 | 8.2% | 3.6% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | 5.9% | 3.8% | ||
| Q2 24 | -24.3% | 3.3% | ||
| Q1 24 | -35.1% | -0.7% |
| Q4 25 | $0.11 | $0.05 | ||
| Q3 25 | $0.08 | $0.12 | ||
| Q2 25 | $0.04 | $0.16 | ||
| Q1 25 | $0.24 | $0.12 | ||
| Q4 24 | — | $0.20 | ||
| Q3 24 | $0.24 | $0.14 | ||
| Q2 24 | $-1.21 | $0.13 | ||
| Q1 24 | $-0.91 | $-0.02 |
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 | $196.1M |
| Total DebtLower is stronger | — | $79.1M |
| Stockholders' EquityBook value | $-127.4M | $1.5B |
| Total Assets | $797.6M | $2.3B |
| Debt / EquityLower = less leverage | — | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $255.9M | $196.1M | ||
| Q3 25 | $185.5M | $197.9M | ||
| Q2 25 | $145.0M | $206.8M | ||
| Q1 25 | $111.2M | $179.3M | ||
| Q4 24 | $407.4M | $183.0M | ||
| Q3 24 | $335.1M | $165.7M | ||
| Q2 24 | $185.3M | $133.5M | ||
| Q1 24 | $156.7M | $163.2M |
| Q4 25 | — | $79.1M | ||
| Q3 25 | — | $99.1M | ||
| Q2 25 | — | $121.1M | ||
| Q1 25 | — | $121.1M | ||
| Q4 24 | — | $121.1M | ||
| Q3 24 | — | $121.1M | ||
| Q2 24 | — | $121.1M | ||
| Q1 24 | — | $40.0M |
| Q4 25 | $-127.4M | $1.5B | ||
| Q3 25 | $-302.4M | $1.5B | ||
| Q2 25 | $-318.4M | $1.5B | ||
| Q1 25 | $-323.1M | $1.5B | ||
| Q4 24 | $-421.4M | $1.5B | ||
| Q3 24 | $-360.8M | $1.5B | ||
| Q2 24 | $-283.0M | $1.5B | ||
| Q1 24 | $161.9M | $1.3B |
| Q4 25 | $797.6M | $2.3B | ||
| Q3 25 | $650.2M | $2.3B | ||
| Q2 25 | $606.7M | $2.3B | ||
| Q1 25 | $570.5M | $2.3B | ||
| Q4 24 | $876.8M | $2.3B | ||
| Q3 24 | $810.9M | $2.3B | ||
| Q2 24 | $645.5M | $2.3B | ||
| Q1 24 | $583.6M | $2.0B |
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.08× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | 0.08× | ||
| Q3 24 | — | 0.08× | ||
| Q2 24 | — | 0.08× | ||
| Q1 24 | — | 0.03× |
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 | $57.1M |
| Free Cash FlowOCF − Capex | $30.5M | $23.2M |
| FCF MarginFCF / Revenue | 13.9% | 6.1% |
| Capex IntensityCapex / Revenue | 2.0% | 8.9% |
| Cash ConversionOCF / Net Profit | 2.52× | 9.89× |
| TTM Free Cash FlowTrailing 4 quarters | $-34.1M | $97.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.8M | $57.1M | ||
| Q3 25 | $59.2M | $63.2M | ||
| Q2 25 | $56.1M | $48.4M | ||
| Q1 25 | $-176.5M | $41.5M | ||
| Q4 24 | $223.4M | $97.4M | ||
| Q3 24 | $200.3M | $55.3M | ||
| Q2 24 | $90.0M | $-13.2M | ||
| Q1 24 | $-206.3M | $29.9M |
| Q4 25 | $30.5M | $23.2M | ||
| Q3 25 | $57.6M | $39.0M | ||
| Q2 25 | $55.3M | $27.2M | ||
| Q1 25 | $-177.6M | $8.4M | ||
| Q4 24 | $207.0M | $53.0M | ||
| Q3 24 | $199.3M | $23.3M | ||
| Q2 24 | $83.7M | $-49.5M | ||
| Q1 24 | $-214.8M | $-801.0K |
| Q4 25 | 13.9% | 6.1% | ||
| Q3 25 | 35.0% | 9.5% | ||
| Q2 25 | 35.6% | 6.4% | ||
| Q1 25 | -83.8% | 2.1% | ||
| Q4 24 | 91.7% | 12.1% | ||
| Q3 24 | 71.6% | 5.5% | ||
| Q2 24 | 30.8% | -10.5% | ||
| Q1 24 | -210.3% | -0.2% |
| Q4 25 | 2.0% | 8.9% | ||
| Q3 25 | 0.9% | 5.9% | ||
| Q2 25 | 0.5% | 5.0% | ||
| Q1 25 | 0.5% | 8.5% | ||
| Q4 24 | 7.3% | 10.2% | ||
| Q3 24 | 0.4% | 7.6% | ||
| Q2 24 | 2.3% | 7.7% | ||
| Q1 24 | 8.3% | 8.0% |
| Q4 25 | 2.52× | 9.89× | ||
| Q3 25 | 9.85× | 4.52× | ||
| Q2 25 | 20.50× | 2.69× | ||
| Q1 25 | -10.18× | 2.98× | ||
| Q4 24 | — | 4.23× | ||
| Q3 24 | 12.23× | 3.40× | ||
| Q2 24 | — | -0.86× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PWP
Segment breakdown not available.
XPRO
| NLA | $130.3M | 34% |
| ESSA | $116.3M | 30% |
| MENA | $93.0M | 24% |
| Other | $42.5M | 11% |
