Piper Sandler Companies PIPR
NYSE PIPR
$72.30 +0.27 (+0.37%)
At close: Sep 18, 2026 · 4:00 PM EDT

Piper Sandler Companies (PIPR) Rent Expense (2010 - 2026)

Piper Sandler Companies (PIPR) posted Rent Expense of $16.8 million for Q2 2026, up 22.3% on a QoQ basis from $13.7 million in Q1 2026, and down 19.81% year-over-year from $20.9 million in Q2 2025.

Analysis

Piper Sandler Companies (PIPR) Rent Expense (2010 - 2026) Analysis & Trends

Piper Sandler Companies has reported Rent Expense for 17 years, with the latest figure at $16.8 million in Q2 2026.

  • On a quarterly basis, Rent Expense fell 19.81% year-over-year to $16.8 million in Q2 2026; TTM through Jun 2026 was $68.3 million, a 2.64% decrease from a year earlier, with the FY2025 full-year figure at $73.5 million, up 10.4% from the prior year.
  • Rent Expense was $16.8 million for Q2 2026 at Piper Sandler Companies, up from $13.7 million in the prior quarter.
  • The five-year high for Rent Expense was $20.9 million in Q2 2025, with the low at $13.7 million in Q1 2026.
  • Average Rent Expense over 5 years is $16.7 million, with a median of $16.4 million recorded in 2023.
  • The sharpest annual moves came in 2025 and 2026: Rent Expense advanced 24.84% in 2025, then declined 19.81% in 2026.
  • Over 5 years, Rent Expense stood at $17.4 million in 2022, then decreased by 6.29% to $16.3 million in 2023, then increased by 5.87% to $17.3 million in 2024, then grew by 6.25% to $18.3 million in 2025, then retreated by 8.5% to $16.8 million in 2026.
  • The last three Rent Expense figures came in at $16.8 million (Q2 2026), $13.7 million (Q1 2026), and $18.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Evercore 10.14 Bn 8.05 Bn 975.67 Mn 29.73 Mn
2 Jefferies Financial 9.74 Bn -5.67 Bn 3.09 Bn 34.50 Mn
3 Houlihan Lokey 9.07 Bn 7.99 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - -
5 PJT Partners 5.75 Bn 5.81 Bn 481.98 Mn 15.85 Mn
6 Moelis 5.25 Bn 5.17 Bn - 10.47 Mn
7 Piper Sandler Companies 4.88 Bn 4.77 Bn - 16.78 Mn
8 Lazard 3.95 Bn 2.96 Bn - 33.81 Mn
9 BRBI BR Partners 3.50 Bn 3.38 Bn 16.77 Mn -
10 Perella Weinberg Partners 1.40 Bn 1.59 Bn - 5.93 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.78 Mn
Mar 31, 2026 13.72 Mn
Dec 31, 2025 18.33 Mn
Sep 30, 2025 19.45 Mn
Jun 30, 2025 20.92 Mn
Mar 31, 2025 15.47 Mn
Dec 31, 2024 17.26 Mn
Sep 30, 2024 16.48 Mn
Jun 30, 2024 16.76 Mn
Mar 31, 2024 16.04 Mn
Dec 31, 2023 16.30 Mn
Sep 30, 2023 16.31 Mn
Jun 30, 2023 16.02 Mn
Mar 31, 2023 15.73 Mn
Dec 31, 2022 17.40 Mn
Sep 30, 2022 16.76 Mn
Jun 30, 2022 15.56 Mn
Mar 31, 2022 14.54 Mn
Dec 31, 2021 14.72 Mn
Sep 30, 2021 14.48 Mn