Pershing Square Inc. (PS)

NYSE: PS · Real-Time Price · USD

53.90

+1.62 (3.10%)

Sep 25, 2026, 11:42 AM EDT - Market open

Pershing Square Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	768.71	762.51	455.5	512.66
Revenue Growth	68.29%	67.40%	-11.15%	-
Gross Profit	172.6	225.85	47.06	281.12
Operating Income	45.66	161.25	-19.69	242.59
Net Income	16.09	249.78	-14.15	209.46

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Management Fees	239.14	0.23	0.21	0.17	0.16	0.16
Performance Fees	-	0.53	2.49	-	-	-
Revenue (Total)	768.71	762.51	455.5	512.66	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Investments	8.91	55.4	964.86	4.27
Total Debt	253.05	77.47	81.13	159.33
Net Cash (Debt)	-244.14	-22.08	883.73	-155.06
Net Cash Growth	-	-	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Cash Flow	172.22	-134.23	294.48	83.8
Capital Expenditures	-0.2	-0.45	-1.56	-0.02
Free Cash Flow	172.02	-134.68	292.92	83.78
Free Cash Flow Growth	-	-	249.62%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Gross Margin	22.45%	29.62%	10.33%	54.84%
Operating Margin	5.94%	21.15%	-4.32%	47.32%
Pretax Margin	5.22%	39.87%	4.03%	49.13%
Profit Margin	2.09%	32.76%	-3.11%	40.86%
FCF Margin	22.38%	-17.66%	64.31%	16.34%