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

Piper Sandler Companies (PIPR) posted quarterly Net Margin of 14.38% for Q1 2026, up 409.0% year-over-year from 2.82% in Q1 2025, and down 33.02% on a QoQ basis from 21.46% in Q4 2025.

Piper Sandler Companies (PIPR) Net Margin (2010 - 2026) Analysis & Trends

Piper Sandler Companies (PIPR) has reported Net Margin for 17 consecutive years, with 14.38% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Margin rose 409.0% year-over-year to 14.38%; the TTM figure through Mar 2026 stood at 16.12% (up 674.0% YoY), while the FY2025 annual figure was 15.48%, up 520.0% from the prior year.
  • Net Margin came in at 14.38% for Q1 2026 at Piper Sandler Companies, 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.
  • Average Net Margin over 5 years is 9.72%, with a median of 10.29% recorded in 2025.
  • Across the five-year window, Net Margin sank 792 bps in 2023 and soared 1587 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 9.66% in 2022, then surged by 41 bps to 13.62% in 2023, then dropped by 20 bps to 10.85% in 2024, then jumped by 98 bps to 21.46% in 2025, then sank by 33 bps to 14.38% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 14.38%, 21.46%, and 17.21% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 26.29%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 31.36%
3 Schwab Charles 167.21 Bn 122.24 Bn - 36.98%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 122.40%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 32.80%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 7.22%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 37.74%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 132.82%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -171.16%
10 Piper Sandler Companies 4.90 Bn 4.77 Bn - 14.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.38%
Dec 31, 2025 21.46%
Sep 30, 2025 17.21%
Jun 30, 2025 7.97%
Mar 31, 2025 10.29%
Dec 31, 2024 10.85%
Sep 30, 2024 11.19%
Jun 30, 2024 4.41%
Mar 31, 2024 14.45%
Dec 31, 2023 13.62%
Sep 30, 2023 -4.68%
Jun 30, 2023 5.02%
Mar 31, 2023 11.23%
Dec 31, 2022 9.66%
Sep 30, 2022 3.24%
Jun 30, 2022 7.89%
Mar 31, 2022 6.99%
Dec 31, 2021 17.51%
Sep 30, 2021 10.20%
Jun 30, 2021 13.73%