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Piper Sandler Companies

PIPR

NYSE

Financial Services

$75.02

USD

+2.16 (+2.96%)

At close: Aug 21, 2026, 4:00 PM EDT

Market Cap $5.54B

Volume 431.7K

Revenue

$2.02B

TTM

+30.7%

YoY

Gross Margin

100%

TTM

+0.1%

YoY

Net Income

$325.51M

TTM

+125.1%

YoY

Operating Cash Flow

$502.13M

TTM

+65.6%

YoY

Revenue & Net Income

USD Millions

Margins Trend

Percent of revenue

Income Statement Detail

USD Millions, except per-share and share count figures

Metric

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Revenue

358.6

398.6

480.1

667.0

475.1

YoY Growth

+4.1%

+16.9%

+33.0%

+37.4%

+32.5%

Cost of Revenue

1.3

1.8

0.8

0.9

0.7

Gross Profit

357.3

396.8

479.3

666.1

474.4

Selling, General & Administrative

64.0

60.3

57.0

57.1

61.8

Other Operating Expenses

15.4

29.3

25.9

29.4

28.6

Total Operating Expenses

327.8

347.9

371.8

477.3

386.5

Operating Income

29.4

48.9

107.4

188.8

87.9

EBITDA

29.4

53.9

108.5

188.9

87.9

Other Income / Expense

0.0

0.0

0.0

0.0

0.0

Total Other Income / Expense

0.0

0.0

0.0

0.0

0.0

Income Before Income Taxes

29.4

48.9

107.4

188.8

87.9

Income Taxes

-7.3

17.2

24.9

45.8

19.6

Net Income

36.8

31.8

82.5

143.0

68.3

Consolidated Net Income / Loss

36.8

31.8

82.5

143.0

68.3

Net Income Attributable to Common Shareholders

64.9

42.2

60.3

114.0

65.2

Basic EPS

$0.99

$0.63

$0.90

$1.69

$0.96

Diluted EPS

$0.91

$0.60

$0.85

$1.60

$0.92

Basic Shares Outstanding

65.5M

66.8M

66.9M

67.3M

67.8M

Diluted Shares Outstanding

71.2M

70.9M

71.2M

71.3M

71.2M