Piper Sandler Companies (PIPR) Net Cash Flow (2009 - 2026)
Piper Sandler Companies (PIPR) recorded quarterly Net Cash Flow of -$463.9 million in Q1 2026, down 166.73% quarter-over-quarter from $695.2 million in Q4 2025, and down 29.62% on a YoY basis from -$659.2 million in Q1 2025.
Piper Sandler Companies (PIPR) Net Cash Flow (2009 - 2026) Analysis & Trends
Piper Sandler Companies' Net Cash Flow history runs 18 years deep, the most recent figure standing at -$463.9 million for Q1 2026.
- In Q1 2026, Net Cash Flow fell 29.62% year-over-year to -$463.9 million; the TTM figure through Mar 2026 stood at $218.2 million (up 291.38% YoY), while the FY2025 annual figure was $324.2 million, up 221.41% from the prior year.
- Net Cash Flow was -$463.9 million for Q1 2026 at Piper Sandler Companies, down from $695.2 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $695.2 million in Q4 2025 to a low of -$722.7 million in Q1 2022.
- Historically, Net Cash Flow has averaged -$36.8 million across 5 years, with a median of -$4.7 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Net Cash Flow slumped 136.53% in 2023, then surged 1119.47% in 2024.
- A 5-year view of Net Cash Flow shows it stood at $89.0 million in 2022, then surged by 270.93% to $330.0 million in 2023, then slumped by 58.78% to $136.0 million in 2024, then surged by 411.1% to $695.2 million in 2025, then sank by 166.73% to -$463.9 million in 2026.
- The last three Net Cash Flow figures came in at -$463.9 million (Q1 2026), $695.2 million (Q4 2025), and -$8.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | -730,655.35 |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 22.76 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 16.12 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 3.62 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 1.93 Bn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 3.28 Bn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | -148.79 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | -145.61 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 1.78 Bn |
| 10 | Piper Sandler Companies | 5.22 Bn | 5.09 Bn | - | -463.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -463.95 Mn |
| Mar 31, 2026 | -463.95 Mn |
| Dec 31, 2025 | 695.21 Mn |
| Dec 31, 2025 | 695.21 Mn |
| Sep 30, 2025 | -8.30 Mn |
| Sep 30, 2025 | -8.30 Mn |
| Jun 30, 2025 | -4.74 Mn |
| Jun 30, 2025 | -4.74 Mn |
| Mar 31, 2025 | -357.94 Mn |
| Mar 31, 2025 | -357.94 Mn |
| Dec 31, 2024 | 136.02 Mn |
| Dec 31, 2024 | 136.02 Mn |
| Sep 30, 2024 | 26.51 Mn |
| Sep 30, 2024 | 26.51 Mn |
| Jun 30, 2024 | 251.16 Mn |
| Jun 30, 2024 | 251.16 Mn |
| Mar 31, 2024 | -312.82 Mn |
| Mar 31, 2024 | -312.82 Mn |
| Dec 31, 2023 | 330.02 Mn |
| Dec 31, 2023 | 330.02 Mn |