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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 221,718 $ 412,467
Restricted cash 798 712
Receivables:    
Accounts receivable, net of allowance for credit losses of $1,759 and $1,666 as of June 30, 2025 and December 31, 2024, respectively 56,529 51,404
Accrued and other receivables 46,230 22,305
Total receivables 102,759 73,709
Deferred compensation 36,164 18,382
Investments 290,175 184,601
Right-of-use assets 174,538 180,370
Equipment and leasehold improvements, net 67,768 65,451
Deferred tax assets 414,376 410,512
Prepaid expenses and other assets 34,239 32,732
Total assets 1,342,535 1,378,936
Liabilities and Equity    
Compensation payable 189,249 346,323
Accounts payable, accrued expenses and other liabilities 32,487 33,597
Amount due pursuant to tax receivable agreement 298,802 290,813
Deferred revenue 7,162 5,585
Lease liabilities 218,825 223,235
Total liabilities 746,525 899,553
Commitments and Contingencies (See Note 11)
Treasury stock, at cost; 10,567,765 and 10,380,876 shares at June 30, 2025 and December 31, 2024, respectively (474,971) (461,701)
Additional paid-in-capital 1,832,008 1,730,838
Retained earnings (accumulated deficit) (837,591) (821,650)
Accumulated other comprehensive income (loss) (4,354) (6,734)
Total Moelis & Company equity 515,982 441,606
Noncontrolling interests 80,028 37,777
Total equity 596,010 479,383
Total liabilities and equity 1,342,535 1,378,936
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 847 810
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share $ 43 $ 43