Piper Sandler Companies (PIPR) Net Margin (2010 - 2026)

Piper Sandler Companies' Net Margin history runs 16 years deep, the most recent figure standing at 14.38% for Q1 2026.

• In Q1 2026, Net Margin rose 412.0% year-over-year to 14.38%; the TTM figure through Mar 2026 stood at 16.12% (up 675.0% YoY), while the FY2025 annual figure was 15.48%, up 516.0% from the prior year.
• Net Margin for Q1 2026 stood at 14.38%, down from 21.46% in the prior quarter.
• The five-year high for Net Margin was 21.46% in Q4 2025, with the low at 4.68% in Q3 2023.
• The 5-year median for Net Margin is 10.25% (2025), against an average of 9.71%.
• The sharpest annual moves came in 2022 and 2024: Net Margin slumped 957 bps in 2022, then jumped 1592 bps in 2024.
• Piper Sandler Companies' Net Margin stood at 9.72% in 2022, then soared by 40 bps to 13.62% in 2023, then fell by 20 bps to 10.85% in 2024, then soared by 98 bps to 21.46% in 2025, then tumbled by 33 bps to 14.38% in 2026.
• Business Quant data shows PIPR's Net Margin at 14.38% in Q1 2026, 21.46% in Q4 2025, and 17.21% in Q3 2025.