Piper Sandler Companies (PIPR) Free Cash Flow (2009 - 2026)
Piper Sandler Companies (PIPR) posted Free Cash Flow of $28.5 million for Q2 2026, up 109.69% on a QoQ basis from -$293.9 million in Q1 2026, and up 58.77% year-over-year from $17.9 million in Q2 2025.
Analysis
Piper Sandler Companies (PIPR) Free Cash Flow (2009 - 2026) Analysis & Trends
Piper Sandler Companies has reported Free Cash Flow for 18 years, with the latest figure at $28.5 million in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 58.77% year-over-year to $28.5 million in Q2 2026; TTM through Jun 2026 was $487.0 million, a 1390.43% increase from a year earlier, with the FY2025 full-year figure at $552.0 million, up 85.37% from the prior year.
- Free Cash Flow was $28.5 million for Q2 2026 at Piper Sandler Companies, up from -$293.9 million in the prior quarter.
- The five-year high for Free Cash Flow was $726.5 million in Q4 2025, with the low at -$489.0 million in Q1 2022.
- Average Free Cash Flow over 5 years is $33.0 million, with a median of $25.2 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow jumped 976.95% in 2024, then sank 93.19% in 2025.
- Over 5 years, Free Cash Flow stood at $154.7 million in 2022, then jumped by 172.27% to $421.2 million in 2023, then slumped by 63.09% to $155.5 million in 2024, then jumped by 367.29% to $726.5 million in 2025, then sank by 96.08% to $28.5 million in 2026.
- The last three Free Cash Flow figures came in at $28.5 million (Q2 2026), -$293.9 million (Q1 2026), and $726.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 514.79 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 1.55 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 | 226.38 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 215.86 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 28.46 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 199.48 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 | - | 47.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.46 Mn |
| Mar 31, 2026 | -293.87 Mn |
| Dec 31, 2025 | 726.48 Mn |
| Sep 30, 2025 | 25.92 Mn |
| Jun 30, 2025 | 17.93 Mn |
| Mar 31, 2025 | -218.37 Mn |
| Dec 31, 2024 | 155.47 Mn |
| Sep 30, 2024 | 77.65 Mn |
| Jun 30, 2024 | 263.10 Mn |
| Mar 31, 2024 | -198.46 Mn |
| Dec 31, 2023 | 421.24 Mn |
| Sep 30, 2023 | 23.67 Mn |
| Jun 30, 2023 | 24.43 Mn |
| Mar 31, 2023 | -203.76 Mn |
| Dec 31, 2022 | 154.72 Mn |
| Sep 30, 2022 | 54.41 Mn |
| Jun 30, 2022 | 24.34 Mn |
| Mar 31, 2022 | -488.98 Mn |
| Dec 31, 2021 | 482.89 Mn |
| Sep 30, 2021 | 207.25 Mn |