Piper Sandler Companies (PIPR) Accumulated Expenses (2009 - 2026)

Piper Sandler Companies (PIPR) recorded quarterly Accumulated Expenses of $145.0 million in Q1 2026, down 79.37% quarter-over-quarter from $702.8 million in Q4 2025, and up 121.88% on a YoY basis from $65.4 million in Q1 2025.

Piper Sandler Companies (PIPR) Accumulated Expenses (2009 - 2026) Analysis & Trends

Piper Sandler Companies' Accumulated Expenses history runs 18 years deep, the most recent figure standing at $145.0 million for Q1 2026.

  • In Q1 2026, Accumulated Expenses rose 121.88% year-over-year to $145.0 million; the TTM figure through Mar 2026 stood at $145.0 million (up 121.88% YoY), while the FY2025 annual figure was $702.8 million, up 24.82% from the prior year.
  • Accumulated Expenses was $145.0 million for Q1 2026 at Piper Sandler Companies, down from $702.8 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $702.8 million in Q4 2025 to a low of $65.4 million in Q1 2025.
  • Historically, Accumulated Expenses has averaged $259.3 million across 5 years, with a median of $163.9 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Accumulated Expenses slumped 85.56% in 2023, then soared 589.39% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $565.7 million in 2022, then plunged by 85.56% to $81.7 million in 2023, then jumped by 589.39% to $563.1 million in 2024, then advanced by 24.82% to $702.8 million in 2025, then tumbled by 79.37% to $145.0 million in 2026.
  • The last three Accumulated Expenses figures came in at $145.0 million (Q1 2026), $702.8 million (Q4 2025), and $70.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn -
2 Morgan Stanley 328.23 Bn 194.70 Bn -
3 Goldman Sachs 313.22 Bn -624.33 Bn -
4 Schwab Charles 154.90 Bn 109.92 Bn -
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn
6 Interactive Brokers 38.41 Bn 49.00 Bn -
7 LPL Financial Holdings 23.13 Bn 22.10 Bn -
8 Tradeweb Markets 21.12 Bn 19.87 Bn -
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn
10 Piper Sandler Companies 5.35 Bn 5.22 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 145.00 Mn
Dec 31, 2025 702.85 Mn
Sep 30, 2025 70.22 Mn
Jun 30, 2025 299.90 Mn
Mar 31, 2025 65.35 Mn
Dec 31, 2024 563.09 Mn
Sep 30, 2024 375.14 Mn
Jun 30, 2024 275.96 Mn
Mar 31, 2024 83.57 Mn
Dec 31, 2023 81.68 Mn
Sep 30, 2023 79.08 Mn
Jun 30, 2023 81.41 Mn
Mar 31, 2023 163.88 Mn
Dec 31, 2022 565.74 Mn
Sep 30, 2022 422.76 Mn
Jun 30, 2022 340.14 Mn
Mar 31, 2022 91.80 Mn
Dec 31, 2021 900.08 Mn
Sep 30, 2021 611.58 Mn
Jun 30, 2021 469.97 Mn