Piper Sandler Companies (PIPR) EBITDA (2010 - 2026)

Piper Sandler Companies (PIPR) recorded quarterly EBITDA of $88.7 million in Q1 2026, down 53.26% quarter-over-quarter from $189.7 million in Q4 2025, and up 188.68% on a YoY basis from $30.7 million in Q1 2025.

Piper Sandler Companies (PIPR) EBITDA (2010 - 2026) Analysis & Trends

Piper Sandler Companies' EBITDA history runs 17 years deep, the most recent figure standing at $88.7 million for Q1 2026.

  • In Q1 2026, EBITDA rose 188.68% year-over-year to $88.7 million; the TTM figure through Mar 2026 stood at $437.3 million (up 117.58% YoY), while the FY2025 annual figure was $379.4 million, up 69.3% from the prior year.
  • EBITDA was $88.7 million for Q1 2026 at Piper Sandler Companies, down from $189.7 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $189.7 million in Q4 2025 to a low of -$904000.0 in Q3 2023.
  • Historically, EBITDA has averaged $57.0 million across 5 years, with a median of $44.9 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: EBITDA slumped 104.19% in 2023, then jumped 6402.1% in 2024.
  • A 5-year view of EBITDA shows it stood at $44.9 million in 2022, then surged by 96.24% to $88.2 million in 2023, then retreated by 5.44% to $83.4 million in 2024, then jumped by 127.45% to $189.7 million in 2025, then sank by 53.26% to $88.7 million in 2026.
  • The last three EBITDA figures came in at $88.7 million (Q1 2026), $189.7 million (Q4 2025), and $108.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -35.15 Mn
2 Morgan Stanley 331.35 Bn 197.82 Bn - 19.58 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 23.57 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 4.01 Bn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 304.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 246.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 584.88 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 294.45 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 46.00 Mn
10 Piper Sandler Companies 5.22 Bn 5.09 Bn - 88.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 88.67 Mn
Dec 31, 2025 189.71 Mn
Sep 30, 2025 108.25 Mn
Jun 30, 2025 50.72 Mn
Mar 31, 2025 30.72 Mn
Dec 31, 2024 83.41 Mn
Sep 30, 2024 56.97 Mn
Jun 30, 2024 29.91 Mn
Mar 31, 2024 53.81 Mn
Dec 31, 2023 88.20 Mn
Sep 30, 2023 -904,000.00
Jun 30, 2023 16.99 Mn
Mar 31, 2023 28.45 Mn
Dec 31, 2022 44.95 Mn
Sep 30, 2022 21.55 Mn
Jun 30, 2022 39.52 Mn
Mar 31, 2022 37.84 Mn
Dec 31, 2021 171.47 Mn
Sep 30, 2021 78.38 Mn
Jun 30, 2021 116.76 Mn