PIPR
Piper Sandler Companies
NYSE · Financial Services · Financial - Capital Markets · US
$77.04
−0.91%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 2.1B | 1.9B | 1.5B | 1.3B | 1.4B |
| Cost of Revenue | 73.6M | 121.8M | 5.7M | 10.1M | 9.5M |
| Gross Profit | 2.0B | 1.8B | 1.5B | 1.3B | 1.4B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 299.1M | 1.3B | 1.0B | 934.8M | 1.0B |
| General & Admin Expense | 288.9M | 1.2B | 1.0B | 897.0M | 983.5M |
| Selling & Marketing Expense | 10.2M | 47.2M | 42.2M | 37.7M | 42.8M |
| Other Expenses | 1.2B | 122.6M | 210.8M | 242.5M | 212.8M |
| Total Operating Expenses | 1.5B | 1.4B | 1.3B | 1.2B | 1.2B |
| Cost and Expenses | 1.6B | 1.5B | 1.3B | 1.2B | 1.2B |
| Operating Income (EBIT) | 487.1M | 385.5M | 218.4M | 122.6M | 134.4M |
| Non-Operating | |||||
| Interest Income | 91.5M | 70.2M | 32.9M | 26.7M | 20.4M |
| Interest Expense | 3.2M | 4.8M | 5.7M | 10.1M | 9.5M |
| Net Interest Income | 88.3M | 65.3M | 27.2M | 16.6M | 10.9M |
| Other Non-Op Income/Expense | (2.5M) | (11.0M) | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 484.6M | 374.5M | 218.4M | 122.6M | 134.4M |
| Income Tax Expense | 120.7M | 80.6M | 61.0M | 23.6M | 33.2M |
| Bottom Line | |||||
| Net Income | 307.3M | 281.3M | 181.1M | 85.5M | 110.7M |
| Earnings from Cont. Ops | 363.9M | 294.0M | 157.4M | 99.0M | 101.2M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 307.3M | 281.3M | 181.1M | 85.5M | 110.7M |
| Per Share | |||||
| Basic EPS | $4.55 | $4.22 | $2.86 | $1.43 | $1.98 |
| Diluted EPS | $4.32 | $3.96 | $2.56 | $1.24 | $1.63 |
| Revenue Per Share | $31.03 | $28.58 | $23.38 | $21.89 | $24.73 |
| Shares | |||||
| Basic Shares Outstanding | 67.7M | 66.6M | 63.4M | 59.8M | 55.9M |
| Diluted Shares Outstanding | 71.2M | 71.1M | 70.8M | 68.9M | 67.9M |
| Profitability Metrics | |||||
| EBITDA | 515.6M | 412.9M | 245.5M | 160.0M | 165.4M |
| D&A | 28.6M | 27.4M | 27.1M | 37.4M | 31.0M |
| EBIT | 487.0M | 385.5M | 218.4M | 122.6M | 134.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026