Piper Sandler Companies (PIPR) Securities Borrowed (2009 - 2026)
Piper Sandler Companies (PIPR) recorded quarterly Securities Borrowed of $485.3 million in Q1 2026, down 3.37% quarter-over-quarter from $502.3 million in Q4 2025, and up 2.24% on a YoY basis from $474.7 million in Q1 2025.
Piper Sandler Companies (PIPR) Securities Borrowed (2009 - 2026) Analysis & Trends
Piper Sandler Companies' Securities Borrowed history runs 18 years deep, the most recent figure standing at $485.3 million for Q1 2026.
- In Q1 2026, Securities Borrowed rose 2.24% year-over-year to $485.3 million; the TTM figure through Mar 2026 stood at $485.3 million (up 2.24% YoY), while the FY2025 annual figure was $502.3 million, up 17.98% from the prior year.
- Securities Borrowed was $485.3 million for Q1 2026 at Piper Sandler Companies, down from $502.3 million in the prior quarter.
- In the past five years, Securities Borrowed ranged from a high of $502.3 million in Q4 2025 to a low of $340.0 million in Q4 2022.
- Historically, Securities Borrowed has averaged $443.0 million across 5 years, with a median of $442.2 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Securities Borrowed declined 8.89% in 2022, then grew 27.82% in 2023.
- A 5-year view of Securities Borrowed shows it stood at $340.0 million in 2022, then increased by 27.82% to $434.6 million in 2023, then slipped by 2.03% to $425.7 million in 2024, then increased by 17.98% to $502.3 million in 2025, then dropped by 3.37% to $485.3 million in 2026.
- The last three Securities Borrowed figures came in at $485.3 million (Q1 2026), $502.3 million (Q4 2025), and $446.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn |
| 10 | Piper Sandler Companies | 5.22 Bn | 5.09 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 485.33 Mn |
| Dec 31, 2025 | 502.27 Mn |
| Sep 30, 2025 | 446.02 Mn |
| Jun 30, 2025 | 488.58 Mn |
| Mar 31, 2025 | 474.69 Mn |
| Dec 31, 2024 | 425.73 Mn |
| Sep 30, 2024 | 418.03 Mn |
| Jun 30, 2024 | 418.25 Mn |
| Mar 31, 2024 | 442.23 Mn |
| Dec 31, 2023 | 434.56 Mn |
| Sep 30, 2023 | 439.68 Mn |
| Jun 30, 2023 | 446.99 Mn |
| Mar 31, 2023 | 446.29 Mn |
| Dec 31, 2022 | 339.98 Mn |
| Sep 30, 2022 | 440.56 Mn |
| Jun 30, 2022 | 422.11 Mn |
| Mar 31, 2022 | 459.81 Mn |
| Dec 31, 2021 | 348.97 Mn |
| Sep 30, 2021 | 450.82 Mn |
| Jun 30, 2021 | 463.28 Mn |