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Segment Information
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information
14.
SEGMENT INFORMATION

The Company operates a single segment advisory business that offers clients, including corporations, financial sponsors, governments and sovereign wealth funds, a range of products with expertise across all major industries in mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, private fundraising and secondary transactions, and other corporate finance matters.

 

The Company’s Chief Operating Decision Maker (“CODM”) is Kenneth Moelis, Chief Executive Officer. The CODM is regularly provided, on a consolidated basis, the advisory segment’s significant expenses, which are the same as those presented in the Company’s condensed consolidated statements of operations. The primary measure of the advisory segment’s profit or loss regularly evaluated by the CODM is consolidated net income or net loss. The advisory segment’s total assets are presented on the Company’s consolidated statements of financial position and the segment’s accounting policies are disclosed in Note 2: Summary of Significant Accounting Policies. Since the financial markets are global in nature, the CODM generally manages the business based on the operating results of the enterprise holistically, not by geographic region or product type. The information reviewed by the CODM is used to make strategic decisions about the Company’s operations, growth strategies, and capital allocation.

 

The following table disaggregates the revenues and assets based on the location of the office that generates the revenues or holds the assets, and therefore may not be reflective of the geography in which our clients are located.

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

2025

 

2024

 

2025

 

2024

Revenues:

 

 

 

 

 

 

 

 

 

 

 

United States

$

267,570

 

$

199,592

 

$

520,215

 

$

355,310

Europe

 

57,266

 

 

37,958

 

 

90,791

 

 

70,233

Rest of World

 

40,540

 

 

27,036

 

 

60,963

 

 

56,528

Total

$

365,376

 

$

264,586

 

$

671,969

 

$

482,071

 

 

June 30,

 

December 31,

 

2025

 

2024

Assets:

 

 

 

 

 

United States

$

1,084,456

 

$

1,169,236

Europe

 

96,520

 

 

65,380

Rest of World

 

161,559

 

 

144,320

Total

$

1,342,535

 

$

1,378,936