Piper Sandler Companies (PIPR) Change in Cash (2009 - 2026)
Piper Sandler Companies (PIPR) recorded quarterly Change in Cash of -$465.0 million in Q1 2026, down 166.86% quarter-over-quarter from $695.4 million in Q4 2025, and down 30.34% on a YoY basis from -$667.5 million in Q1 2025.
Piper Sandler Companies (PIPR) Change in Cash (2009 - 2026) Analysis & Trends
Piper Sandler Companies' Change in Cash history runs 18 years deep, the most recent figure standing at -$465.0 million for Q1 2026.
- In Q1 2026, Change in Cash fell 30.34% year-over-year to -$465.0 million; the TTM figure through Mar 2026 stood at $218.4 million (up 289.05% YoY), while the FY2025 annual figure was $326.6 million, up 227.45% from the prior year.
- Change in Cash was -$465.0 million for Q1 2026 at Piper Sandler Companies, down from $695.4 million in the prior quarter.
- In the past five years, Change in Cash ranged from a high of $695.4 million in Q4 2025 to a low of -$723.9 million in Q1 2022.
- Historically, Change in Cash has averaged -$36.9 million across 5 years, with a median of -$2.8 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Change in Cash tumbled 141.81% in 2023, then surged 1080.96% in 2024.
- A 5-year view of Change in Cash shows it stood at $91.1 million in 2022, then soared by 263.44% to $331.2 million in 2023, then tumbled by 59.95% to $132.6 million in 2024, then jumped by 424.25% to $695.4 million in 2025, then sank by 166.86% to -$465.0 million in 2026.
- The last three Change in Cash figures came in at -$465.0 million (Q1 2026), $695.4 million (Q4 2025), and -$9.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | 105,780.04 |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 21.83 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 15.27 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 3.62 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 1.93 Bn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 3.20 Bn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | -148.79 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | -147.44 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 1.79 Bn |
| 10 | Piper Sandler Companies | 5.22 Bn | 5.09 Bn | - | -464.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -464.98 Mn |
| Dec 31, 2025 | 695.42 Mn |
| Sep 30, 2025 | -9.33 Mn |
| Jun 30, 2025 | -2.76 Mn |
| Mar 31, 2025 | -356.75 Mn |
| Dec 31, 2024 | 132.65 Mn |
| Sep 30, 2024 | 29.25 Mn |
| Jun 30, 2024 | 250.98 Mn |
| Mar 31, 2024 | -313.14 Mn |
| Dec 31, 2023 | 331.22 Mn |
| Sep 30, 2023 | -15.35 Mn |
| Jun 30, 2023 | 21.25 Mn |
| Mar 31, 2023 | -319.66 Mn |
| Dec 31, 2022 | 91.14 Mn |
| Sep 30, 2022 | 36.70 Mn |
| Jun 30, 2022 | -9.25 Mn |
| Mar 31, 2022 | -723.93 Mn |
| Dec 31, 2021 | 399.90 Mn |
| Sep 30, 2021 | 173.56 Mn |
| Jun 30, 2021 | 245.70 Mn |