Piper Sandler Companies (PIPR) Accumulated Expenses (2013 - 2026)
Piper Sandler Companies (PIPR) reported Accumulated Expenses of $101.85 million for Q2 2026, up 38.1% from $73.75 million a year earlier but down 29.8% from the prior quarter.
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Analysis
Piper Sandler Companies (PIPR) Accumulated Expenses (2013 - 2026) Analysis & Trends
At the end of FY2025, Piper Sandler Companies posted Accumulated Expenses of $119.78 million, up 25.5% from FY2024.
- Accumulated Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $95.41 million in FY2024 (+16.8%), $81.68 million in FY2023 (+32.7%), $61.56 million in FY2022 (-24.8%) and $81.81 million in FY2021 (-3.2%).
- Five-year quarterly Accumulated Expenses spans a low of $58.49 million in Q2 2022 and a high of $145 million in Q1 2026.
- Year over year, Accumulated Expenses has now increased in each of the last five quarters, with growth averaging 21.3% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q1 2026 (growth of 121.9%); the low point was Q2 2022 (a decline of 39.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $145 million (Q1 2026), $119.78 million (Q4 2025) and $70.22 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 110.43 Bn | 98.52 Bn | - |
| 2 | Intercontinental Exchange | 92.22 Bn | 85.96 Bn | - |
| 3 | Robinhood Markets | 86.78 Bn | 67.81 Bn | - |
| 4 | Nasdaq | 58.09 Bn | 55.52 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 36.85 Bn | 13.96 Bn | - |
| 6 | Cboe Global Markets | 34.46 Bn | 26.11 Bn | 731.60 Mn |
| 7 | Tradeweb Markets | 25.89 Bn | 17.90 Bn | - |
| 8 | LPL Financial Holdings | 25.45 Bn | 20.77 Bn | - |
| 9 | Circle Internet | 21.46 Bn | 15.33 Bn | 288.85 Mn |
| 10 | Piper Sandler Companies | 4.43 Bn | 2.86 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 101.85 Mn |
| Mar 31, 2026 | 145.00 Mn |
| Dec 31, 2025 | 119.78 Mn |
| Sep 30, 2025 | 70.22 Mn |
| Jun 30, 2025 | 73.75 Mn |
| Mar 31, 2025 | 65.35 Mn |
| Dec 31, 2024 | 95.41 Mn |
| Sep 30, 2024 | 67.22 Mn |
| Jun 30, 2024 | 73.25 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 | 63.01 Mn |
| Dec 31, 2022 | 61.56 Mn |
| Sep 30, 2022 | 66.07 Mn |
| Jun 30, 2022 | 58.49 Mn |
| Mar 31, 2022 | 91.80 Mn |
| Dec 31, 2021 | 81.81 Mn |
| Sep 30, 2021 | 62.29 Mn |
API Access
Piper Sandler Companies Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=PIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "PIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();