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Piper Sandler Companies

pipersandler.com

Piper Sandler Companies (NYSE: PIPR) is an investment bank and institutional securities firm that provides advisory, capital markets, and asset management services. The firm generates revenue through advisory fees on mergers and acquisitions and restructurings, underwriting fees from equity and debt capital markets transactions, institutional brokerage commissions, and asset management fees. The filing excerpts provided from the 10-K filed 2026-02-26 (accession 000123024526000013) for the fiscal year ended December 31, 2025 do not contain sufficient detail to specify segment revenue breakdowns, geographic mix, customer concentration, headcount, or named competitors. Based solely on the available excerpts, specific financial metrics, market position details, and operational specifics cannot be reported.

Products & Services

The filing excerpts do not provide sufficient product and service detail to enumerate specific offerings beyond the general characterization of an investment bank filing a 10-K for the fiscal year ended December 31, 2025.

Revenue Model

The filing excerpts do not provide sufficient revenue model detail to report specific figures or segment breakdowns for FY2025.

Customers & Markets

The filing excerpts do not provide sufficient detail on customer types, end markets, or customer concentration to report specifics.

Geographic Exposure

The filing excerpts do not provide geographic revenue or operational footprint detail.

Financial Snapshot

Revenue
TTM
$2.021B
Gross Margin
TTM
98.78%
Net Income
TTM
$281.7M
Current Assets
2026 Q1
$561.7M
Current Liabilities
2026 Q1
$572.2M
Current Ratio
2026 Q1
98.16%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$1.558B
Cash
2026 Q1
P/E
TTM
19.12
Free Cash Flow
TTM
$476.5M

Stock Price

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Market Cap: $5.3851 Billion

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