Piper Sandler Companies (PIPR) Free Cash Flow (2009 - 2026)

Piper Sandler Companies (PIPR) posted quarterly Free Cash Flow of -$293.9 million for Q1 2026, down 34.57% year-over-year from -$449.2 million in Q1 2025, and down 140.45% quarter-over-quarter from $726.5 million in Q4 2025.

Piper Sandler Companies (PIPR) Free Cash Flow (2009 - 2026) Analysis & Trends

Piper Sandler Companies' Free Cash Flow history runs 18 years deep, the most recent figure standing at -$293.9 million for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 34.57% year-over-year to -$293.9 million; the TTM figure through Mar 2026 stood at $476.5 million (up 71.49% YoY), while the FY2025 annual figure was $552.0 million, up 85.37% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$293.9 million, down from $726.5 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.
  • The 5-year median for Free Cash Flow is $24.4 million (2023), against an average of $33.3 million.
  • The sharpest annual moves came in 2024 and 2025: Free Cash Flow surged 976.95% in 2024, then sank 93.19% in 2025.
  • Piper Sandler Companies' Free Cash Flow stood at $154.7 million in 2022, then surged by 172.27% to $421.2 million in 2023, then slumped by 63.09% to $155.5 million in 2024, then surged by 367.29% to $726.5 million in 2025, then slumped by 140.45% to -$293.9 million in 2026.
  • Business Quant data shows PIPR's Free Cash Flow at -$293.9 million in Q1 2026, $726.5 million in Q4 2025, and $25.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -3.57 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 5.60 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 7.20 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 708.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -873.83 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 3.59 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 202.51 Mn
10 Piper Sandler Companies 5.17 Bn 5.04 Bn - -293.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -293.87 Mn
Mar 31, 2026 -293.87 Mn
Dec 31, 2025 726.48 Mn
Dec 31, 2025 726.48 Mn
Sep 30, 2025 25.92 Mn
Sep 30, 2025 25.92 Mn
Jun 30, 2025 17.93 Mn
Jun 30, 2025 17.93 Mn
Mar 31, 2025 -218.37 Mn
Mar 31, 2025 -218.37 Mn
Dec 31, 2024 155.47 Mn
Dec 31, 2024 155.47 Mn
Sep 30, 2024 77.65 Mn
Sep 30, 2024 77.65 Mn
Jun 30, 2024 263.10 Mn
Jun 30, 2024 263.10 Mn
Mar 31, 2024 -198.46 Mn
Mar 31, 2024 -198.46 Mn
Dec 31, 2023 421.24 Mn
Dec 31, 2023 421.24 Mn