Piper Sandler Companies PIPR
NYSE PIPR
$72.30 +0.27 (+0.37%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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