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

Piper Sandler Companies' Rent Expense history runs 17 years deep, the most recent figure standing at $13.7 million for Q1 2026.

• In Q1 2026, Rent Expense fell 11.34% year-over-year to $13.7 million; the TTM figure through Mar 2026 stood at $68.9 million (up 4.51% YoY), while the FY2025 annual figure was $73.5 million, up 10.4% from the prior year.
• Rent Expense was $13.7 million for Q1 2026 at Piper Sandler Companies, down from $18.3 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $19.4 million in Q3 2025 to a low of $13.7 million in Q1 2026.
• Historically, Rent Expense has averaged $16.4 million across 5 years, with a median of $16.3 million in 2023.
• The sharpest annual moves came in 2022 and 2026: Rent Expense grew 18.16% in 2022, then slipped 11.34% in 2026.
• A 5-year view of Rent Expense shows it stood at $17.4 million in 2022, then retreated by 6.29% to $16.3 million in 2023, then grew by 5.87% to $17.3 million in 2024, then climbed by 6.25% to $18.3 million in 2025, then fell by 25.18% to $13.7 million in 2026.
• The last three Rent Expense figures came in at $13.7 million (Q1 2026), $18.3 million (Q4 2025), and $19.4 million (Q3 2025), per Business Quant data.