Piper Sandler Companies (PIPR) Share-based Compensation (2009 - 2026)

Piper Sandler Companies (PIPR) recorded quarterly Share-based Compensation of $28.0 million in Q1 2026, down 41.72% quarter-over-quarter from $48.1 million in Q4 2025, and down 10.08% on a YoY basis from $31.2 million in Q1 2025.

Piper Sandler Companies (PIPR) Share-based Compensation (2009 - 2026) Analysis & Trends

Piper Sandler Companies' Share-based Compensation history runs 18 years deep, the most recent figure standing at $28.0 million for Q1 2026.

  • In Q1 2026, Share-based Compensation fell 10.08% year-over-year to $28.0 million; the TTM figure through Mar 2026 stood at $120.8 million (up 12.14% YoY), while the FY2025 annual figure was $123.9 million, up 19.88% from the prior year.
  • Share-based Compensation was $28.0 million for Q1 2026 at Piper Sandler Companies, down from $48.1 million in the prior quarter.
  • In the past five years, Share-based Compensation ranged from a high of $48.1 million in Q4 2025 to a low of $13.7 million in Q2 2023.
  • Historically, Share-based Compensation has averaged $28.3 million across 5 years, with a median of $28.0 million in 2026.
  • The sharpest annual moves came in 2023 and 2024: Share-based Compensation slumped 51.94% in 2023, then jumped 73.78% in 2024.
  • A 5-year view of Share-based Compensation shows it stood at $38.5 million in 2022, then decreased by 19.53% to $31.0 million in 2023, then grew by 3.97% to $32.3 million in 2024, then jumped by 49.08% to $48.1 million in 2025, then tumbled by 41.72% to $28.0 million in 2026.
  • The last three Share-based Compensation figures came in at $28.0 million (Q1 2026), $48.1 million (Q4 2025), and $23.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Stock Comp. (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 571.00 Mn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 2.53 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 138.00 Mn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 92.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 33.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 23.06 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 25.06 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 51.80 Mn
10 Piper Sandler Companies 5.22 Bn 5.09 Bn - 28.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 28.02 Mn
Mar 31, 2026 28.02 Mn
Dec 31, 2025 48.08 Mn
Dec 31, 2025 48.08 Mn
Sep 30, 2025 23.41 Mn
Sep 30, 2025 23.41 Mn
Jun 30, 2025 21.26 Mn
Jun 30, 2025 21.26 Mn
Mar 31, 2025 31.16 Mn
Mar 31, 2025 31.16 Mn
Dec 31, 2024 32.25 Mn
Dec 31, 2024 32.25 Mn
Sep 30, 2024 20.52 Mn
Sep 30, 2024 20.52 Mn
Jun 30, 2024 23.77 Mn
Jun 30, 2024 23.77 Mn
Mar 31, 2024 26.83 Mn
Mar 31, 2024 26.83 Mn
Dec 31, 2023 31.02 Mn
Dec 31, 2023 31.02 Mn