Piper Sandler Companies (PIPR) Intangibles (2009 - 2026)
Piper Sandler Companies (PIPR) recorded Intangibles of $96.62 million in Q2 2026, down 6.3% from $103.16 million a year earlier and down 2.1% from the prior quarter.
Piper Sandler Companies (PIPR) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Piper Sandler Companies reported Intangibles of $99.6 million, down 7.4% from FY2024.
- Annual Intangibles has declined for three straight years, with a five-year compound annual growth rate of -7.8% (FY2020 to FY2025).
- Across earlier years, Intangibles came in at $107.5 million in FY2024 (-7.5%), $116.2 million in FY2023 (-14.3%), $135.64 million in FY2022 (+13.2%) and $119.78 million in FY2021 (-20.1%).
- The Q2 2026 figure is the lowest quarterly Intangibles since Q4 2019.
- On a year-over-year basis, Intangibles has declined for 14 consecutive quarters, with an average decline of 7.2% over the last eight quarters.
- Peak year-over-year performance for Intangibles in the last five years was growth of 13.2% in Q4 2022, against a decline of 20.1% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $98.68 million (Q1 2026), $99.6 million (Q4 2025) and $103.23 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 2.49 Bn |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 14.87 Bn |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 246.00 Mn |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 6.22 Bn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | - |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 1.18 Bn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 3.43 Bn |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 1.09 Bn |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 446.58 Mn |
| 10 | Piper Sandler Companies | 4.27 Bn | 2.70 Bn | - | 96.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 96.62 Mn |
| Mar 31, 2026 | 98.68 Mn |
| Dec 31, 2025 | 99.60 Mn |
| Sep 30, 2025 | 103.23 Mn |
| Jun 30, 2025 | 103.16 Mn |
| Mar 31, 2025 | 105.30 Mn |
| Dec 31, 2024 | 107.50 Mn |
| Sep 30, 2024 | 110.50 Mn |
| Jun 30, 2024 | 111.48 Mn |
| Mar 31, 2024 | 113.84 Mn |
| Dec 31, 2023 | 116.20 Mn |
| Sep 30, 2023 | 121.00 Mn |
| Jun 30, 2023 | 125.83 Mn |
| Mar 31, 2023 | 130.73 Mn |
| Dec 31, 2022 | 135.64 Mn |
| Sep 30, 2022 | 130.63 Mn |
| Jun 30, 2022 | 134.00 Mn |
| Mar 31, 2022 | 135.46 Mn |
| Dec 31, 2021 | 119.78 Mn |
| Sep 30, 2021 | 127.30 Mn |
Piper Sandler Companies Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=PIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "PIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();