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
DateValue
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