Piper Sandler Companies (PIPR) Tax Provisions (2010 - 2026)

Piper Sandler Companies (PIPR) recorded quarterly Tax Provisions of $19.6 million in Q1 2026, down 57.16% quarter-over-quarter from $45.8 million in Q4 2025, and up 367.47% on a YoY basis from $4.2 million in Q1 2025.

Piper Sandler Companies (PIPR) Tax Provisions (2010 - 2026) Analysis & Trends

Piper Sandler Companies' Tax Provisions history runs 17 years deep, the most recent figure standing at $19.6 million for Q1 2026.

  • In Q1 2026, Tax Provisions rose 367.47% year-over-year to $19.6 million; the TTM figure through Mar 2026 stood at $107.5 million (up 111.71% YoY), while the FY2025 annual figure was $80.6 million, up 32.16% from the prior year.
  • Tax Provisions was $19.6 million for Q1 2026 at Piper Sandler Companies, down from $45.8 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $45.8 million in Q4 2025 to a low of -$7.6 million in Q1 2023.
  • Historically, Tax Provisions has averaged $12.8 million across 5 years, with a median of $11.0 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Tax Provisions soared 5410.4% in 2024, then tumbled 357.91% in 2025.
  • A 5-year view of Tax Provisions shows it stood at $4.7 million in 2022, then jumped by 356.89% to $21.3 million in 2023, then soared by 39.27% to $29.6 million in 2024, then soared by 54.59% to $45.8 million in 2025, then sank by 57.16% to $19.6 million in 2026.
  • The last three Tax Provisions figures came in at $19.6 million (Q1 2026), $45.8 million (Q4 2025), and $24.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 1.37 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 856.00 Mn
4 Schwab Charles 153.74 Bn 108.77 Bn - 709.00 Mn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 65.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 117.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 128.18 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 69.76 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 1.40 Mn
10 Piper Sandler Companies 5.22 Bn 5.09 Bn - 19.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.62 Mn
Dec 31, 2025 45.80 Mn
Sep 30, 2025 24.95 Mn
Jun 30, 2025 17.17 Mn
Mar 31, 2025 -7.34 Mn
Dec 31, 2024 29.63 Mn
Sep 30, 2024 15.23 Mn
Jun 30, 2024 13.28 Mn
Mar 31, 2024 2.84 Mn
Dec 31, 2023 21.27 Mn
Sep 30, 2023 10.23 Mn
Jun 30, 2023 -250,000.00
Mar 31, 2023 -7.64 Mn
Dec 31, 2022 4.66 Mn
Sep 30, 2022 8.17 Mn
Jun 30, 2022 9.39 Mn
Mar 31, 2022 10.98 Mn
Dec 31, 2021 43.29 Mn
Sep 30, 2021 23.51 Mn
Jun 30, 2021 27.07 Mn