Piper Sandler Companies (PIPR) Research & Development (2010 - 2026)

Piper Sandler Companies (PIPR) posted quarterly Research & Development of $15.2 million for Q1 2026, up 1.87% year-over-year from $14.9 million in Q1 2025, and up 244.89% quarter-over-quarter from $4.4 million in Q4 2025.

Piper Sandler Companies (PIPR) Research & Development (2010 - 2026) Analysis & Trends

Piper Sandler Companies' Research & Development history runs 17 years deep, the most recent figure standing at $15.2 million for Q1 2026.

  • In Q1 2026, Research & Development rose 1.87% year-over-year to $15.2 million; the TTM figure through Mar 2026 stood at $41.5 million (down 33.43% YoY), while the FY2025 annual figure was $47.2 million, down 14.05% from the prior year.
  • Research & Development for Q1 2026 stood at $15.2 million, up from $4.4 million in the prior quarter.
  • The five-year high for Research & Development was $23.1 million in Q4 2023, with the low at $4.4 million in Q4 2025.
  • The 5-year median for Research & Development is $12.4 million (2022), against an average of $13.0 million.
  • The sharpest annual moves came in 2022 and 2025: Research & Development soared 501.11% in 2022, then slumped 80.38% in 2025.
  • Piper Sandler Companies' Research & Development stood at $10.3 million in 2022, then jumped by 124.45% to $23.1 million in 2023, then retreated by 2.91% to $22.4 million in 2024, then plunged by 80.38% to $4.4 million in 2025, then jumped by 244.89% to $15.2 million in 2026.
  • Business Quant data shows PIPR's Research & Development at $15.2 million in Q1 2026, $4.4 million in Q4 2025, and $10.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 1.20 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 635.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -65.09 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 256.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.20 Mn
10 Piper Sandler Companies 5.17 Bn 5.04 Bn - 15.15 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.15 Mn
Dec 31, 2025 4.39 Mn
Sep 30, 2025 10.15 Mn
Jun 30, 2025 11.81 Mn
Mar 31, 2025 14.87 Mn
Dec 31, 2024 22.39 Mn
Sep 30, 2024 13.71 Mn
Jun 30, 2024 11.37 Mn
Mar 31, 2024 10.76 Mn
Dec 31, 2023 23.06 Mn
Sep 30, 2023 8.67 Mn
Jun 30, 2023 13.05 Mn
Mar 31, 2023 14.31 Mn
Dec 31, 2022 10.28 Mn
Sep 30, 2022 12.46 Mn
Jun 30, 2022 12.24 Mn
Mar 31, 2022 12.43 Mn
Dec 31, 2021 8.17 Mn
Sep 30, 2021 10.62 Mn
Jun 30, 2021 5.11 Mn