{"ticker":"PS","source":"https://www.sec.gov/Archives/edgar/data/2026053/000119312526347123/ps-ex99_1.pdf","sourceBasis":"Q2 2026 presentation, printed pp.4–6, 10–12 and 18–21. USD millions unless stated; figures converted from reported thousands.","annual":[{"period":"2021","managementFees":162.443,"preferredFees":75.555,"revenue":237.998,"costs":29.112,"fre":208.886,"de":207.954,"margin":87.8,"totalAum":16510,"feePayingAum":12541},{"period":"2022","managementFees":163.515,"preferredFees":0.033,"revenue":163.548,"costs":37.695,"fre":125.853,"de":123.324,"margin":77,"totalAum":13951,"feePayingAum":10847},{"period":"2023","managementFees":170.801,"preferredFees":177.66,"revenue":348.461,"costs":34.262,"fre":314.199,"de":307.869,"margin":90.2,"totalAum":16391,"feePayingAum":13231},{"period":"2024","managementFees":206.067,"preferredFees":98.269,"revenue":304.336,"costs":35.197,"fre":269.139,"de":294.552,"margin":88.4,"totalAum":17091,"feePayingAum":14011},{"period":"2025","managementFees":240.032,"preferredFees":102.604,"revenue":342.636,"costs":44.711,"fre":297.925,"de":312.533,"margin":87,"totalAum":30666,"feePayingAum":20660}],"quarter":{"period":"Q2 2026","managementFees":68.029,"preferredFees":0,"revenue":68.029,"costs":11.968,"fre":56.061,"netInterest":-1.79,"de":54.271,"dePerShare":0.14,"margin":82.4,"gaapNetIncome":-42.695,"shares":400},"capital":{"date":"30 June 2026","aum":32487,"feePaying":22258,"permanent":21791,"feeOpening":16970,"feeInflows":4879,"feeMarket":785,"feeOutflows":376,"cash":9,"investmentsAndCash":852,"debt":235,"netInvestmentsAndCash":617},"engines":[["PSH",12936,45.694],["PSUS",4593,16.536],["HHH",4263,3.85],["Private funds",467,1.949]],"note":"Historical company-recast manager results precede the April 2026 listing. They are not a five-year PS stock-return record. Five-year AUM charts use December 31 balances for 2021–2025; HHH enters the reported group totals in 2025, so that year is affected by a change in the managed fee perimeter. Rounded fund amounts may not sum exactly to group totals.","currentCapital":{"date":"30 September 2026","totalAumApprox":33000,"permanentCapitalPct":98,"principalFeePayingAumApprox":22000,"vehicles":[{"name":"PSH","feePayingAumApprox":13000},{"name":"PSUS","feePayingAumApprox":5000},{"name":"HHH","feePayingAumApprox":4000}],"note":"September 2026 figures are rounded company website figures. The approximately US$22bn principal-vehicle subtotal is not presented as a new exact consolidated fee-paying-AUM total."},"aumHistorySource":{"url":"https://www.sec.gov/Archives/edgar/data/2026053/000119312526257657/ps-ex99_1.htm","title":"Pershing Square Inc. Q1 and April 2026 Financial Supplement","location":"AUM table and Fee-Paying AUM table","note":"2021–2025 are December 31 balances. HHH enters the reported group totals in 2025, so the 2025 increase includes a change in the managed fee perimeter as well as market and capital movements."},"quarterly":[{"period":"Q2 2026","managementFees":68.029,"preferredFees":0,"revenue":68.029,"costs":11.968,"fre":56.061,"netInterest":-1.79,"de":54.271,"dePerShare":0.14,"margin":82.4,"gaapNetIncome":-42.695,"shares":400,"periodStart":"2026-04-01","periodEnd":"2026-06-30","periodType":"quarterly","unit":"USD million","basis":"Company-recast non-GAAP; GAAP net income separately labelled","source":"https://www.sec.gov/Archives/edgar/data/2026053/000119312526347123/ps-ex99_1.pdf","locator":"Q2 2026 presentation, printed pp.12 and 18–21"}],"yearToDate":[]}