Piper Sandler Cos. engages in the provision of investment banking and institutional securities services. The company is headquartered in Minneapolis, Minnesota and currently employs 1,805 full-time employees. The company went IPO on 2003-12-19. The firm operates in one segment, providing investment banking services, institutional sales and trading services for various equity and fixed income products, and research services. The company provides a broad set of products and services, including financial advisory services; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; fixed income services; and alternative asset management strategies. The firm operates alternative asset management funds in merchant banking and healthcare in order to invest firm capital and to manage capital from outside investors. The company offers both equity and fixed income advisory and trade execution services.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
Revenue
2,020
475
666
480
398
358
Revenue Growth (YoY)
31%
33%
37%
33%
17%
4%
Cost of Revenue
23
5
5
5
6
6
Gross Profit
1,997
469
661
474
392
352
Selling, General & Admin
1,470
357
447
345
318
309
Research & Development
--
--
--
--
--
--
Operating Expenses
1,564
381
472
366
338
322
Other Non Operating Income (Expenses)
--
--
--
--
--
--
Pretax Income
433
87
188
107
48
29
Income Tax Expense
107
19
45
24
17
-7
Net Income
281
65
113
60
42
64
Net Income Growth
38%
2%
64%
76%
24%
52%
Shares Outstanding (Diluted)
71.23
71.23
71.26
71.23
70.9
71.15
Shares Change (YoY)
0%
0%
0%
0%
1%
2%
EPS (Diluted)
3.95
0.91
1.59
0.84
0.59
0.91
EPS Growth
38%
1%
67%
76%
21%
52%
Free Cash Flow
476
-293
726
25
17
-218
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
98.86%
98.73%
99.24%
98.75%
98.49%
98.32%
Operating Margin
21.43%
18.31%
28.22%
22.5%
13.31%
8.1%
Profit Margin
13.91%
13.68%
16.96%
12.5%
10.55%
17.87%
Free Cash Flow Margin
23.56%
-61.68%
109%
5.2%
4.27%
-60.89%
EBITDA
442
89
191
110
55
31
EBITDA Margin
21.88%
18.73%
28.67%
22.91%
13.81%
8.65%
D&A For EBITDA
9
2
3
2
2
2
EBIT
433
87
188
108
53
29
EBIT Margin
21.43%
18.31%
28.22%
22.5%
13.31%
8.1%
Effective Tax Rate
24.71%
21.83%
23.93%
22.42%
35.41%
-24.13%
Follow-Up Questions
What are Piper Sandler Companies's key financial statements?
According to the latest financial statement (Form-10K), Piper Sandler Companies has a total asset of $0, Net loss of $0
What are the key financial ratios for PIPR?
Piper Sandler Companies's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Piper Sandler Companies's revenue broken down by segment or geography?
Piper Sandler Companies largest revenue segment is Capital Markets, at a revenue of 1,531,595,000 in the most earnings release.For geography, United States is the primary market for Piper Sandler Companies, at a revenue of 1,531,595,000.
Is Piper Sandler Companies profitable?
no, according to the latest financial statements, Piper Sandler Companies has a net loss of $0
Does Piper Sandler Companies have any liabilities?
no, Piper Sandler Companies has liability of 0
How many outstanding shares for Piper Sandler Companies?
Piper Sandler Companies has a total outstanding shares of 0