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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues $ 365,376 $ 264,586 $ 671,969 $ 482,071
Expenses        
Compensation and benefits 252,110 197,873 463,659 362,348
Occupancy 8,726 7,073 16,843 14,162
Professional fees 7,424 5,961 14,338 12,126
Communication, technology and information services 13,870 11,990 27,191 24,234
Travel and related expenses 12,996 8,511 30,465 20,474
Depreciation and amortization 2,760 2,434 5,539 4,809
Other expenses 6,861 10,676 16,393 18,048
Total expenses 304,747 244,518 574,428 456,201
Operating income (loss) 60,629 20,068 97,541 25,870
Other income and (expenses) 3,510 1,708 9,651 5,937
Income (loss) before income taxes 64,139 21,776 107,192 31,807
Provision (benefit) for income taxes 17,384 6,855 6,662 (599)
Net income (loss) 46,755 14,921 100,530 32,406
Net income (loss) attributable to noncontrolling interests 5,217 1,760 8,724 2,679
Net income (loss) attributable to Moelis & Company 41,538 13,161 91,806 29,727
Class A Common Stock        
Expenses        
Net income (loss) attributable to Moelis & Company $ 41,538 $ 13,161 $ 91,806 $ 29,727
Weighted-average shares of Class A common stock outstanding        
Basic (in shares) 75,615,922 72,148,948 74,788,620 71,239,595
Diluted (in shares) 78,644,806 75,788,525 78,773,981 75,593,865
Net income (loss) per share attributable to holders of shares of Class A common stock        
Basic (in dollars per share) $ 0.55 $ 0.18 $ 1.23 $ 0.42
Diluted (in dollars per share) $ 0.53 $ 0.17 $ 1.17 $ 0.39