Piper Sandler Companies (PIPR) Cash from Operations (2009 - 2026)
Piper Sandler Companies (PIPR) posted Cash from Operations of $36.3 million for Q2 2026, up 112.43% on a QoQ basis from -$291.7 million in Q1 2026, and up 12.78% year-over-year from $32.1 million in Q2 2025.
Analysis
Piper Sandler Companies (PIPR) Cash from Operations (2009 - 2026) Analysis & Trends
Piper Sandler Companies has reported Cash from Operations for 18 years, with the latest figure at $36.3 million in Q2 2026.
- On a quarterly basis, Cash from Operations rose 12.78% year-over-year to $36.3 million in Q2 2026; TTM through Jun 2026 was $506.2 million, a 634.91% increase from a year earlier, with the FY2025 full-year figure at $586.6 million, up 87.27% from the prior year.
- Cash from Operations was $36.3 million for Q2 2026 at Piper Sandler Companies, up from -$291.7 million in the prior quarter.
- The five-year high for Cash from Operations was $729.8 million in Q4 2025, with the low at -$484.2 million in Q1 2022.
- Average Cash from Operations over 5 years is $38.6 million, with a median of $33.1 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Cash from Operations surged 877.07% in 2024, then sank 87.94% in 2025.
- Over 5 years, Cash from Operations stood at $160.8 million in 2022, then surged by 163.11% to $423.0 million in 2023, then tumbled by 61.27% to $163.8 million in 2024, then jumped by 345.44% to $729.8 million in 2025, then sank by 95.03% to $36.3 million in 2026.
- The last three Cash from Operations figures came in at $36.3 million (Q2 2026), -$291.7 million (Q1 2026), and $729.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 525.52 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 1.60 Bn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 236.96 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 229.53 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 36.25 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 203.40 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 22.00 Mn |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 48.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.25 Mn |
| Mar 31, 2026 | -291.72 Mn |
| Dec 31, 2025 | 729.80 Mn |
| Sep 30, 2025 | 31.91 Mn |
| Jun 30, 2025 | 32.14 Mn |
| Mar 31, 2025 | -207.23 Mn |
| Dec 31, 2024 | 163.84 Mn |
| Sep 30, 2024 | 80.13 Mn |
| Jun 30, 2024 | 266.48 Mn |
| Mar 31, 2024 | -197.19 Mn |
| Dec 31, 2023 | 423.01 Mn |
| Sep 30, 2023 | 27.26 Mn |
| Jun 30, 2023 | 27.27 Mn |
| Mar 31, 2023 | -201.91 Mn |
| Dec 31, 2022 | 160.77 Mn |
| Sep 30, 2022 | 64.60 Mn |
| Jun 30, 2022 | 33.97 Mn |
| Mar 31, 2022 | -484.24 Mn |
| Dec 31, 2021 | 487.45 Mn |
| Sep 30, 2021 | 208.38 Mn |