Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Amortization - IntangiblesConsolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Income from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesInterest ExpensesInterest Income - Debt SecuritiesInterest Income - NetInterest Income - TotalInvestment Gain (Loss)Net Income towards Common StockholdersNon Operating IncomeNon-Interest IncomeOperating ExpensesOther Operating ExpensesPrincipal TransactionsProfit After TaxRent ExpenseResearch & DevelopmentRestructuring CostsRevenueShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax RateWages, Salaries and Other
Others
Ratios

Piper Sandler Companies (PIPR) Operating Expenses (2016 - 2026)

Piper Sandler Companies has reported Operating Expenses over the past 16 years, most recently at $477.3 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 18.73% year-over-year to $477.3 million; the TTM value through Dec 2025 reached $1.5 billion, up 16.62%, while the annual FY2025 figure was $1.5 billion, 16.62% up from the prior year.
  • Operating Expenses for Q4 2025 was $477.3 million at Piper Sandler Companies, up from $371.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $479.4 million in Q4 2021 and troughed at $272.1 million in Q1 2023.
  • A 5-year average of $346.9 million and a median of $336.8 million in 2021 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: soared 42.94% in 2021 and later decreased 27.33% in 2022.
  • Year by year, Operating Expenses stood at $479.4 million in 2021, then decreased by 27.33% to $348.4 million in 2022, then increased by 10.8% to $386.0 million in 2023, then rose by 4.14% to $402.0 million in 2024, then increased by 18.73% to $477.3 million in 2025.
  • Business Quant data shows Operating Expenses for PIPR at $477.3 million in Q4 2025, $371.8 million in Q3 2025, and $347.9 million in Q2 2025.