Piper Sandler Companies (PIPR) Shares Outstanding (Diluted) (2009 - 2026)
Piper Sandler Companies (PIPR) reported Shares Outstanding (Diluted) of 71.24 million for Q2 2026, up 0.5% from 70.9 million a year earlier and unchanged from the prior quarter.
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Analysis
Piper Sandler Companies (PIPR) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Piper Sandler Companies posted Shares Outstanding (Diluted) of 71.14 million, up 0.5% from FY2024.
- Shares Outstanding (Diluted) has increased for nine consecutive years, with a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 70.78 million in FY2024 (+2.7%), 68.9 million in FY2023 (+1.5%), 67.86 million in FY2022 (+0.1%) and 67.82 million in FY2021 (+13.8%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding (Diluted) in data going back to Q3 2009.
- Year over year, Shares Outstanding (Diluted) has now increased in each of the last 13 quarters, with growth averaging 1.1% over the last eight quarters.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was Q3 2021 (growth of 14.8%); the low point was Q3 2022 (a decline of 1.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 71.24 million (Q1 2026), 71.14 million (Q4 2025) and 71.23 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 361.28 Mn |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 566.00 Mn |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 912.00 Mn |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 567.75 Mn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 450.09 Mn |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 104.90 Mn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 80.03 Mn |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 212.80 Mn |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 268.64 Mn |
| 10 | Piper Sandler Companies | 4.27 Bn | 2.70 Bn | - | 71.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.24 Mn |
| Mar 31, 2026 | 71.24 Mn |
| Dec 31, 2025 | 71.14 Mn |
| Sep 30, 2025 | 71.23 Mn |
| Jun 30, 2025 | 70.90 Mn |
| Mar 31, 2025 | 71.15 Mn |
| Dec 31, 2024 | 70.78 Mn |
| Sep 30, 2024 | 71.08 Mn |
| Jun 30, 2024 | 70.53 Mn |
| Mar 31, 2024 | 70.02 Mn |
| Dec 31, 2023 | 68.90 Mn |
| Sep 30, 2023 | 69.02 Mn |
| Jun 30, 2023 | 68.34 Mn |
| Mar 31, 2023 | 68.73 Mn |
| Dec 31, 2022 | 67.86 Mn |
| Sep 30, 2022 | 66.93 Mn |
| Jun 30, 2022 | 67.68 Mn |
| Mar 31, 2022 | 69.18 Mn |
| Dec 31, 2021 | 67.82 Mn |
| Sep 30, 2021 | 68.19 Mn |
API Access
Piper Sandler Companies Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=PIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "PIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();