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

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

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

Piper Sandler Companies (PIPR) has reported Tax Provisions for 17 consecutive years, with $19.6 million the latest figure, recorded in 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 came in at $19.6 million for Q1 2026 at Piper Sandler Companies, down from $45.8 million in the prior quarter.
  • The five-year high for Tax Provisions was $45.8 million in Q4 2025, with the low at -$7.6 million in Q1 2023.
  • Average Tax Provisions over 5 years is $12.8 million, with a median of $11.0 million recorded in 2022.
  • Across the five-year window, Tax Provisions soared 5410.4% in 2024 and plunged 357.91% in 2025, its largest moves.
  • Year by year, Tax Provisions 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 slumped by 57.16% to $19.6 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $19.6 million, $45.8 million, and $24.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.37 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 856.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - 709.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -84.25 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 65.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 128.18 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 69.76 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 1.40 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -6.26 Mn
10 Piper Sandler Companies 4.90 Bn 4.77 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