Piper Sandler Companies (PIPR) Net Margin (2010 - 2026)
Piper Sandler Companies (PIPR) posted quarterly Net Margin of 14.38% for Q1 2026, up 412.0% year-over-year from 2.81% in Q1 2025, and down 33.02% quarter-over-quarter from 21.46% in Q4 2025.
Piper Sandler Companies (PIPR) Net Margin (2010 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 25.46% |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 31.46% |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 36.98% |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 42.89% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -171.16% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 16.00% |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 7.31% |
| 10 | Piper Sandler Companies | 5.17 Bn | 5.04 Bn | - | 14.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.38% |
| Dec 31, 2025 | 21.46% |
| Sep 30, 2025 | 17.21% |
| Jun 30, 2025 | 7.97% |
| Mar 31, 2025 | 10.25% |
| Dec 31, 2024 | 10.85% |
| Sep 30, 2024 | 11.23% |
| Jun 30, 2024 | 4.39% |
| Mar 31, 2024 | 14.39% |
| Dec 31, 2023 | 13.62% |
| Sep 30, 2023 | -4.68% |
| Jun 30, 2023 | 5.07% |
| Mar 31, 2023 | 11.13% |
| Dec 31, 2022 | 9.72% |
| Sep 30, 2022 | 3.21% |
| Jun 30, 2022 | 7.89% |
| Mar 31, 2022 | 7.03% |
| Dec 31, 2021 | 19.30% |
| Sep 30, 2021 | 11.65% |
| Jun 30, 2021 | 17.01% |