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| Date | Value |
|---|---|
| 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 |