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) 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

Historic Data

Download Data
DateValue
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