Perella Weinberg reports Q1 2026 revenue down 30%, adjusted loss narrows to $3M, boosts UK presence with Gleacher Shacklock deal

Perella Weinberg Partners reported a 30% drop in Q1 2026 revenue to $149 million, driven by fewer clients and lower deal closings. Despite a GAAP pre-tax loss of $11 million, the adjusted pre-tax loss was reduced to $3 million. The firm strengthened its UK advisory presence by acquiring Gleacher Shacklock and added senior talent, positioning itself for geographic and industry diversification. With a strong balance sheet of $78 million cash and no debt, Perella Weinberg returned $64 million to shareholders and declared a quarterly dividend of $0.07 per share, signaling confidence in its growth strategy.