Pershing Square Inc. (PS)

NYSE: PS · Real-Time Price · USD

33.97

+0.23 (0.68%)

At close: Jul 24, 2026, 4:00 PM EDT

33.70

-0.27 (-0.78%)

After-hours: Jul 24, 2026, 7:43 PM EDT

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	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	767.71	762.51	455.5	512.66
Revenue Growth	68.47%	67.40%	-11.15%	-
Gross Profit	206.15	205.62	33.9	268
Operating Income	155.93	161.25	-19.69	242.59
Net Income	82.46	249.78	-14.15	209.46

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	230.42	206.07	170.8	163.52	162.44
Performance Fees	532.09	2,494	-	-	-
Revenue (Total)	762.51	455.5	512.66	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Investments	46.85	55.4	964.86	4,271
Total Debt	56.41	77.47	81.13	159,332
Net Cash (Debt)	-9.56	-22.08	883.73	-155,061
Net Cash Growth	-	-	-	-

Cash Flow & CapEx

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

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Gross Margin	26.85%	26.97%	7.44%	52.28%
Operating Margin	20.31%	21.15%	-4.32%	47.32%
Pretax Margin	16.25%	39.87%	4.03%	49.13%
Profit Margin	13.46%	36.95%	0.52%	45.59%
FCF Margin	0.00%	-17.66%	64.31%	16.34%