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

Piper Sandler Companies (PIPR) posted quarterly Net Cash Flow of -$463.9 million for Q1 2026, down 29.62% year-over-year from -$659.2 million in Q1 2025, and down 166.73% on a QoQ basis from $695.2 million in Q4 2025.

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

Piper Sandler Companies (PIPR) has reported Net Cash Flow for 18 consecutive years, with -$463.9 million the latest figure, recorded in 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 came in at -$463.9 million for Q1 2026 at Piper Sandler Companies, down from $695.2 million in the prior quarter.
  • The five-year high for Net Cash Flow was $695.2 million in Q4 2025, with the low at -$722.7 million in Q1 2022.
  • Average Net Cash Flow over 5 years is -$36.8 million, with a median of -$4.7 million recorded in 2025.
  • Across the five-year window, Net Cash Flow tumbled 136.53% in 2023 and surged 1119.47% in 2024, its largest moves.
  • Year by year, Net Cash Flow stood at $89.0 million in 2022, then surged by 270.93% to $330.0 million in 2023, then tumbled by 58.78% to $136.0 million in 2024, then surged by 411.1% to $695.2 million in 2025, then slumped by 166.73% to -$463.9 million in 2026.
  • According to Business Quant data, Net Cash Flow over the past three periods registered -$463.9 million, $695.2 million, and -$8.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) NCF (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 22.76 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 16.12 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 3.62 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 1.93 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -148.79 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -145.61 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 1.78 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -1.05 Bn
10 Piper Sandler Companies 4.90 Bn 4.77 Bn - -463.95 Mn

Historic Data

Download Data
DateValue
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