$PIPR
PIPER SANDLER COMPANIES Stock $pipr

$pipr Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000123024523000073 Filed on May 04, 2023

Income Statement

Concept	2023 Q2	2023 Q1
Revenue	$291.3M	$300.5M
YoY Change	-17.83%	-14.82%
Cost Of Revenue	$7.459M	$7.553M
YoY Change	-9.54%	21.12%
Gross Profit	$283.9M	$293.0M
YoY Change	-18.03%	-15.47%
Gross Profit Margin	97.44%	97.49%
Selling, General & Admin	$242.7M	$251.6M
YoY Change	-17.84%	-14.61%
% of Gross Profit	85.48%	85.88%
Research & Development	$13.05M	$14.31M
YoY Change	-1.27%	15.18%
% of Gross Profit	4.6%	4.88%
Depreciation & Amortization	$9.458M	$4.426M
YoY Change	32.99%	22.64%
% of Gross Profit	3.33%	1.51%
Operating Expenses	$265.6M	$14.31M
YoY Change	1909.75%	15.18%
Operating Profit	$18.28M	$278.7M
YoY Change	-94.51%	-16.61%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$14.38M	$25.81M
YoY Change	-61.3%	-27.58%
Income Tax	-$250.0K	-$7.637M
% Of Pretax Income	-1.74%	-29.59%
Net Earnings	$3.954M	$25.63M
YoY Change	-81.51%	-30.06%
Net Earnings / Revenue	1.36%	8.53%
Basic Earnings Per Share	$0.26	$1.77
Diluted Earnings Per Share	$0.23	$1.49
COMMON SHARES
Basic Shares Outstanding	17.74M shares	17.89M shares
Diluted Shares Outstanding	17.08M shares	17.18M shares

Balance Sheet

Concept	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$67.22M	$45.97M
YoY Change	-71.73%	-81.39%
Cash & Equivalents	$67.22M	$45.97M
Short-Term Investments
Other Short-Term Assets	$14.49M	$15.15M
YoY Change	-11.71%	-7.65%
Inventory
Prepaid Expenses
Receivables	$210.2M	$123.4M
Other Receivables	$71.26M	$56.76M
Total Short-Term Assets	$363.1M	$241.2M
YoY Change	-28.62%	-49.38%
LONG-TERM ASSETS
Property, Plant & Equipment	$140.3M	$65.88M
YoY Change	138.1%	23.97%
Goodwill	$301.8M	$301.8M
YoY Change	23.51%	27.1%
Intangibles	$125.8M	$130.7M
YoY Change	-6.09%	-3.49%
Long-Term Investments	$317.3M	$11.27M
YoY Change	2706.58%	3.85%
Other Assets	$648.2M	$645.1M
YoY Change	11.29%	5.62%
Total Long-Term Assets	$1.577B	$1.563B
YoY Change	9.36%	11.16%
TOTAL ASSETS
Total Short-Term Assets	$363.1M	$241.2M
Total Long-Term Assets	$1.577B	$1.563B
Total Assets	$1.940B	$1.804B
YoY Change	-0.54%	-4.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$416.7M	$333.3M
YoY Change	-19.21%	-20.81%
Deferred Revenue
YoY Change
Short-Term Debt	$138.9M	$102.2M
YoY Change	13.72%	-42.55%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$556.9M	$439.5M
YoY Change	-14.11%	-26.89%
LONG-TERM LIABILITIES
Long-Term Debt	$125.0M	$125.0M
YoY Change	0.0%	0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$125.0M	$125.0M
YoY Change	0.0%	0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$556.9M	$439.5M
Total Long-Term Liabilities	$125.0M	$125.0M
Total Liabilities	$907.6M	$564.5M
YoY Change	17.36%	-22.26%
SHAREHOLDERS EQUITY
Retained Earnings	$418.8M	$428.1M
YoY Change	0.09%	5.59%
Common Stock	$977.7M	$991.5M
YoY Change	-2.84%	0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.033B	$1.037B
YoY Change
Total Liabilities & Shareholders Equity	$1.940B	$1.804B
YoY Change	-0.54%	-4.17%

Cashflow Statement

Concept	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	$3.954M	$25.63M
YoY Change	-81.51%	-30.06%
Depreciation, Depletion And Amortization	$9.458M	$4.426M
YoY Change	32.99%	22.64%
Cash From Operating Activities	$27.27M	-$201.9M
YoY Change	-19.71%	-58.3%
INVESTING ACTIVITIES
Capital Expenditures	$2.843M	$1.855M
YoY Change	-129.54%	-139.19%
Acquisitions		$0.00
YoY Change		-100.0%
Other Investing Activities	$0.00	$0.00
YoY Change	-100.0%	-100.0%
Cash From Investing Activities	-$2.843M	-$1.855M
YoY Change	-83.95%	-93.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.834M	-$116.7M
YoY Change	-83.52%	-44.08%
NET CHANGE
Cash From Operating Activities	27.27M	-$201.9M
Cash From Investing Activities	-2.843M	-$1.855M
Cash From Financing Activities	-3.834M	-$116.7M
Net Change In Cash	20.60M	-$319.7M
YoY Change	-393.68%	-55.84%
FREE CASH FLOW
Cash From Operating Activities	$27.27M	-$201.9M
Capital Expenditures	$2.843M	$1.855M
Free Cash Flow	$24.43M	-$203.8M
YoY Change	-43.96%	-57.51%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001230245
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-31720
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	PIPER SANDLER COMPANIES
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	30-0168701
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	800 Nicollet Mall, Suite 900
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Minneapolis
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	MN
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	55402
CY2023Q1	dei	City Area Code CityAreaCode	(612)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	303-6000
CY2023Q1	dei	Security12b Title Security12bTitle	Common Stock, par value $0.01 per share
CY2023Q1	dei	Trading Symbol TradingSymbol	PIPR
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	17742031	shares
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45968000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	365624000	usd
CY2023Q1	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	126859000	usd
CY2022Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	300463000	usd
CY2023Q1	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	446286000	usd
CY2022Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	339979000	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	79921000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	75759000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	65876000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	68220000	usd
CY2023Q1	us-gaap	Goodwill Goodwill	301760000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	301151000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	135951000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	131047000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	130733000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	135637000	usd
CY2023Q1	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	208365000	usd
CY2022Q4	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	200687000	usd
CY2023Q1	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	293745000	usd
CY2022Q4	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	285726000	usd
CY2023Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	198824000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	191002000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	82894000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	87730000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	111103000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	106025000	usd
CY2023Q1	us-gaap	Assets Assets	1804048000	usd
CY2022Q4	us-gaap	Assets Assets	2181557000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	125000000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	125000000	usd
CY2023Q1	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	4019000	usd
CY2022Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	4622000	usd
CY2023Q1	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	102154000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	60836000	usd
CY2023Q1	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	163877000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	565738000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	106422000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	109771000	usd
CY2023Q1	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	63013000	usd
CY2022Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	61562000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	564485000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	927529000	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1544000	usd
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	19545905	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	19544507	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	14833127	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	13673064	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	195000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	195000	usd
CY2023Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	991309000	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1044719000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	428084000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	453311000	usd
CY2023Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	4712778	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5871443	shares
CY2023Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	381200000	usd
CY2022Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	441653000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2499000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	1036844000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1054073000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	202719000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	199955000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1239563000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1254028000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1804048000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2181557000	usd
CY2023Q1	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	184404000	usd
CY2022Q1	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	257502000	usd
CY2023Q1	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	96313000	usd
CY2022Q1	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	104562000	usd
CY2023Q1	us-gaap	Interest Income Operating InterestIncomeOperating	8712000	usd
CY2022Q1	us-gaap	Interest Income Operating InterestIncomeOperating	3856000	usd
CY2023Q1	pipr	Investmentincomeloss Investmentincomeloss	11115000	usd
CY2022Q1	pipr	Investmentincomeloss Investmentincomeloss	-13074000	usd
CY2023Q1	us-gaap	Revenues Revenues	300544000	usd
CY2022Q1	us-gaap	Revenues Revenues	352846000	usd
CY2023Q1	pipr	Other Interest Expense OtherInterestExpense	2639000	usd
CY2022Q1	pipr	Other Interest Expense OtherInterestExpense	2201000	usd
CY2023Q1	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	297905000	usd
CY2022Q1	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	350645000	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	199394000	usd
CY2022Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	247899000	usd
CY2023Q1	us-gaap	Professional Fees ProfessionalFees	12126000	usd
CY2022Q1	us-gaap	Professional Fees ProfessionalFees	11176000	usd
CY2023Q1	us-gaap	Occupancy Net OccupancyNet	15728000	usd
CY2022Q1	us-gaap	Occupancy Net OccupancyNet	14536000	usd
CY2023Q1	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	14311000	usd
CY2022Q1	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	12425000	usd
CY2023Q1	us-gaap	Business Development BusinessDevelopment	10052000	usd
CY2022Q1	us-gaap	Business Development BusinessDevelopment	8632000	usd
CY2023Q1	pipr	Dealrelatedexpenses Dealrelatedexpenses	6014000	usd
CY2022Q1	pipr	Dealrelatedexpenses Dealrelatedexpenses	5544000	usd
CY2023Q1	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	4914000	usd
CY2022Q1	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	4035000	usd
CY2023Q1	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	0	usd
CY2022Q1	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	1247000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4904000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2921000	usd
CY2023Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	4653000	usd
CY2022Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	6593000	usd
CY2023Q1	us-gaap	Noninterest Expense NoninterestExpense	272096000	usd
CY2022Q1	us-gaap	Noninterest Expense NoninterestExpense	315008000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	25809000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	35637000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-7637000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10979000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	33446000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	24658000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	7812000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-11993000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	25634000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	36651000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.77
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.53
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.49
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.12
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.85
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	5.10
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14507000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14481000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17182000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17294000	shares
CY2023Q1	us-gaap	Profit Loss ProfitLoss	33446000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	24658000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	955000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-686000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	34401000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	23972000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	7812000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-11993000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	26589000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	35965000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1254028000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	33446000	usd
CY2023Q1	us-gaap	Dividends Dividends	50861000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	67682000	usd
CY2023Q1	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	60831000	usd
CY2023Q1	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	192000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	955000	usd
CY2023Q1	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-5048000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1239563000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1226855000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	24658000	usd
CY2022Q1	us-gaap	Dividends Dividends	81390000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	114048000	usd
CY2022Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	92945000	usd
CY2022Q1	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	20927000	usd
CY2022Q1	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	253000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-686000	usd
CY2022Q1	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-13503000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1156363000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1855000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-29691000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	33446000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	24658000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	4426000	usd
CY2022Q1	us-gaap	Depreciation Depreciation	3609000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	8191000	usd
CY2022Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-7251000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	27502000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	31983000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4904000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2921000	usd
CY2023Q1	pipr	Amortization Of Loans To Employees AmortizationOfLoansToEmployees	2614000	usd
CY2022Q1	pipr	Amortization Of Loans To Employees AmortizationOfLoansToEmployees	2089000	usd
CY2023Q1	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	-173604000	usd
CY2022Q1	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	-75716000	usd
CY2023Q1	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	64989000	usd
CY2022Q1	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	61708000	usd
CY2023Q1	pipr	Increase Decreasein Investments Excluding Financial Instruments Owned IncreaseDecreaseinInvestmentsExcludingFinancialInstrumentsOwned	8019000	usd
CY2022Q1	pipr	Increase Decreasein Investments Excluding Financial Instruments Owned IncreaseDecreaseinInvestmentsExcludingFinancialInstrumentsOwned	-23206000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1979000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1753000	usd
CY2023Q1	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	-603000	usd
CY2022Q1	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	-10864000	usd
CY2023Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-362236000	usd
CY2022Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-601748000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-2385000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	16892000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-201906000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-484242000	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2022Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	24958000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	1855000	usd
CY2022Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	4733000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	2549000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	50861000	usd
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	81390000	usd
CY2023Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-5048000	usd
CY2022Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-13503000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	60831000	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	113872000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-116740000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-208765000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	845000	usd
CY2022Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-1228000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-319656000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-723926000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	365624000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	970965000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45968000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	247039000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	1837000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	737000	usd
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	8277000	usd
CY2023Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2022Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	397584000	usd
CY2022Q1	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	43940000	usd
CY2023Q1	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	794000	usd
CY2022Q4	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	1490000	usd
CY2023Q1	pipr	Financial Instruments Owned Convertible Debt Securitiesat Fair Value FinancialInstrumentsOwnedConvertibleDebtSecuritiesatFairValue	149228000	usd
CY2022Q4	pipr	Financial Instruments Owned Convertible Debt Securitiesat Fair Value FinancialInstrumentsOwnedConvertibleDebtSecuritiesatFairValue	94552000	usd
CY2023Q1	us-gaap	Financial Instruments Owned Corporate Debt At Fair Value FinancialInstrumentsOwnedCorporateDebtAtFairValue	13950000	usd
CY2022Q4	us-gaap	Financial Instruments Owned Corporate Debt At Fair Value FinancialInstrumentsOwnedCorporateDebtAtFairValue	4103000	usd
CY2023Q1	pipr	Financial Instruments Owned Taxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedTaxableMunicipalBondsatFairValue	18723000	usd
CY2022Q4	pipr	Financial Instruments Owned Taxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedTaxableMunicipalBondsatFairValue	28389000	usd
CY2023Q1	pipr	Financial Instruments Owned Nontaxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedNontaxableMunicipalBondsatFairValue	145395000	usd
CY2022Q4	pipr	Financial Instruments Owned Nontaxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedNontaxableMunicipalBondsatFairValue	151465000	usd
CY2023Q1	pipr	Financial Instruments Owned Municipal Notesat Fair Value FinancialInstrumentsOwnedMunicipalNotesatFairValue	33658000	usd
CY2022Q4	pipr	Financial Instruments Owned Municipal Notesat Fair Value FinancialInstrumentsOwnedMunicipalNotesatFairValue	14386000	usd
CY2023Q1	pipr	Financial Instruments Owned Us Govtand Agency Obligationsat Fair Value FinancialInstrumentsOwnedUSGovtandAgencyObligationsatFairValue	65772000	usd
CY2022Q4	pipr	Financial Instruments Owned Us Govtand Agency Obligationsat Fair Value FinancialInstrumentsOwnedUSGovtandAgencyObligationsatFairValue	28874000	usd
CY2023Q1	pipr	Financial Instruments Owned Us Treasury Securitiesat Fair Value FinancialInstrumentsOwnedUSTreasurySecuritiesatFairValue	4592000	usd
CY2022Q4	pipr	Financial Instruments Owned Us Treasury Securitiesat Fair Value FinancialInstrumentsOwnedUSTreasurySecuritiesatFairValue	3800000	usd
CY2023Q1	us-gaap	Financial Instruments Owned Derivatives And Other Contractual Agreements At Fair Value FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue	14174000	usd
CY2022Q4	us-gaap	Financial Instruments Owned Derivatives And Other Contractual Agreements At Fair Value FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue	12920000	usd
CY2023Q1	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	446286000	usd
CY2022Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	339979000	usd
CY2023Q1	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Equities FinancialInstrumentsSoldNotYetPurchasedCorporateEquities	24721000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Equities FinancialInstrumentsSoldNotYetPurchasedCorporateEquities	15376000	usd
CY2023Q1	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Debt FinancialInstrumentsSoldNotYetPurchasedCorporateDebt	18474000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Debt FinancialInstrumentsSoldNotYetPurchasedCorporateDebt	3894000	usd
CY2023Q1	pipr	Financial Instruments Sold Notyet Purchased Us Treasury Securities FinancialInstrumentsSoldNotyetPurchasedUSTreasurySecurities	56690000	usd
CY2022Q4	pipr	Financial Instruments Sold Notyet Purchased Us Treasury Securities FinancialInstrumentsSoldNotyetPurchasedUSTreasurySecurities	36415000	usd
CY2023Q1	us-gaap	Financial Instruments Sold Not Yet Purchased Derivatives And Other Contracts FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts	2269000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Derivatives And Other Contracts FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts	5151000	usd
CY2023Q1	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	102154000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	60836000	usd
CY2023Q1	pipr	Derivative Fair Valueof Securities Postedas Collateral DerivativeFairValueofSecuritiesPostedasCollateral	0	usd
CY2022Q4	pipr	Derivative Fair Valueof Securities Postedas Collateral DerivativeFairValueofSecuritiesPostedasCollateral	0	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	200488000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	12948000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	9100000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3	0	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3	14691000	usd
CY2023Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	1625000	usd
CY2023Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	14511000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	205781000	usd
CY2023Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Assets Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonAssetsHeldatPeriodEnd	8836000	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1082000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	0	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	140000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3	0	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3	0	usd
CY2023Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityRealizedGainLossIncludedInEarnings	-140000	usd
CY2023Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	2695000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	3777000	usd
CY2023Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Liabilities Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonLiabilitiesHeldatPeriodEnd	2850000	usd
CY2021Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	143259000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	11523000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	18252000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3	0	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3	172000	usd
CY2022Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	12314000	usd
CY2022Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	-4463000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	144209000	usd
CY2022Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Assets Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonAssetsHeldatPeriodEnd	8965000	usd
CY2021Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1898000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	0	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	680000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3	0	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3	0	usd
CY2022Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityRealizedGainLossIncludedInEarnings	-680000	usd
CY2022Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	-778000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1120000	usd
CY2022Q1	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Liabilities Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonLiabilitiesHeldatPeriodEnd	1120000	usd
CY2023Q1	us-gaap	Due To And From Broker Dealers And Clearing Organizations Disclosure DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Receivables from and Payables to Brokers, Dealers and Clearing Organizations</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:70.537%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.496%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.969%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.498%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Amounts in thousands)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Receivable from clearing organizations</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">112,838</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">285,957 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Receivable from brokers and dealers</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">10,539</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,942 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,482</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,564 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total receivables from brokers, dealers and clearing organizations</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">126,859</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">300,463 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:70.537%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.496%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.969%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.498%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Amounts in thousands)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Payable to brokers and dealers</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">4,019</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,622 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total payables to brokers, dealers and clearing organizations</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">4,019</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,622 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div>Under the Company's fully disclosed clearing agreement, all of its securities inventories with the exception of convertible securities, and all of its customer activities are held by or cleared through Pershing LLC ("Pershing"). The Company has established an arrangement to obtain financing from Pershing related to the majority of its trading activities. The Company also has a clearing arrangement with bank financing related to its convertible securities inventories. Financing under these arrangements is secured primarily by securities, and collateral limitations could reduce the amount of funding available under these arrangements. The funding is at their discretion and could be denied. The Company's clearing arrangement activities are recorded net from trading activity. The Company's fully disclosed clearing agreement includes a covenant requiring Piper Sandler to maintain excess net capital of $120 million.
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	0	usd
CY2023Q1	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	112838000	usd
CY2022Q4	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	285957000	usd
CY2023Q1	us-gaap	Due From Correspondent Brokers DueFromCorrespondentBrokers	10539000	usd
CY2022Q4	us-gaap	Due From Correspondent Brokers DueFromCorrespondentBrokers	10942000	usd
CY2023Q1	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	3482000	usd
CY2022Q4	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	3564000	usd
CY2023Q1	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	126859000	usd
CY2022Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	300463000	usd
CY2023Q1	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	4019000	usd
CY2022Q4	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	4622000	usd
CY2023Q1	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	4019000	usd
CY2022Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	4622000	usd
CY2023Q1	pipr	Other Investmentsat Fair Value OtherInvestmentsatFairValue	281967000	usd
CY2022Q4	pipr	Other Investmentsat Fair Value OtherInvestmentsatFairValue	273892000	usd
CY2023Q1	pipr	Investments At Cost InvestmentsAtCost	509000	usd
CY2022Q4	pipr	Investments At Cost InvestmentsAtCost	509000	usd
CY2023Q1	us-gaap	Equity Method Investments EquityMethodInvestments	11269000	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	11325000	usd
CY2023Q1	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	293745000	usd
CY2022Q4	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	285726000	usd
CY2023Q1	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	208365000	usd
CY2022Q4	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	200687000	usd
CY2023Q1	pipr	Investments Attributable To Parent InvestmentsAttributableToParent	85380000	usd
CY2022Q4	pipr	Investments Attributable To Parent InvestmentsAttributableToParent	85039000	usd
CY2023Q1	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	53274000	usd
CY2022Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	42645000	usd
CY2023Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	15145000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	18664000	usd
CY2023Q1	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	22752000	usd
CY2022Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	24049000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	111103000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	106025000	usd
CY2022Q1	us-gaap	Restructuring Charges RestructuringCharges	451000	usd
CY2022Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	796000	usd
CY2022Q1	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	1247000	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	50900000	usd
CY2022Q1	pipr	Stock Issued During Period Shares Treasury Stock Reissued Share Based Compensation Netof Shares Paidfor Tax Withholding StockIssuedDuringPeriodSharesTreasuryStockReissuedShareBasedCompensationNetofSharesPaidforTaxWithholding	854668	shares
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	0	usd
CY2023Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
CY2022Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	653029	shares
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	0	usd
CY2022Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	92900000	usd
CY2023Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0
CY2022Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	142.33
CY2023Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	426031	shares
CY2022Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	136440	shares
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	60800000	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	20900000	usd
CY2023Q1	pipr	Share Based Payment Arrangement Shares Withheld For Tax Withholding Obligation Average Price Per Share ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAveragePricePerShare	142.79
CY2022Q1	pipr	Share Based Payment Arrangement Shares Withheld For Tax Withholding Obligation Average Price Per Share ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAveragePricePerShare	153.38
CY2023Q1	pipr	Stock Issued During Period Shares Treasury Stock Reissued Share Based Compensation Netof Shares Paidfor Tax Withholding StockIssuedDuringPeriodSharesTreasuryStockReissuedShareBasedCompensationNetofSharesPaidforTaxWithholding	1584696	shares
CY2023Q1	pipr	Number Of Share Based Compensation Plans NumberOfShareBasedCompensationPlans	4	plan
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	156667	shares
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.49
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	27300000	usd
CY2022Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	31700000	usd
CY2023Q1	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	600000	usd
CY2022Q1	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	0	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	5100000	usd
CY2022Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3400000	usd
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.12
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	25634000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	36651000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14507000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14481000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17182000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17294000	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.77
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.53
CY2023Q1	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	184404000	usd
CY2022Q1	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	257502000	usd
CY2023Q1	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	96313000	usd
CY2022Q1	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	104562000	usd
CY2023Q1	us-gaap	Interest Income Operating InterestIncomeOperating	8712000	usd
CY2022Q1	us-gaap	Interest Income Operating InterestIncomeOperating	3856000	usd
CY2023Q1	pipr	Investmentincomeloss Investmentincomeloss	11115000	usd
CY2022Q1	pipr	Investmentincomeloss Investmentincomeloss	-13074000	usd
CY2023Q1	us-gaap	Revenues Revenues	300544000	usd
CY2022Q1	us-gaap	Revenues Revenues	352846000	usd
CY2023Q1	pipr	Other Interest Expense OtherInterestExpense	2639000	usd
CY2022Q1	pipr	Other Interest Expense OtherInterestExpense	2201000	usd
CY2023Q1	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	297905000	usd
CY2022Q1	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	350645000	usd
CY2023Q1	us-gaap	Noninterest Expense NoninterestExpense	272096000	usd
CY2022Q1	us-gaap	Noninterest Expense NoninterestExpense	315008000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	25809000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	35637000	usd
CY2023Q1	pipr	Operating Margin Percent OperatingMarginPercent	0.087
CY2022Q1	pipr	Operating Margin Percent OperatingMarginPercent	0.102
CY2023Q1	srt	Alternative Net Capital Requirement1 AlternativeNetCapitalRequirement1	1000000	usd
CY2023Q1	srt	Net Capital NetCapital	198400000	usd
CY2023Q1	srt	Alternative Excess Net Capital AlternativeExcessNetCapital	197400000	usd

Files In Submission

Name	View Source	Status
0001230245-23-000073-index-headers.html	Edgar Link	pending
0001230245-23-000073-index.html	Edgar Link	pending
0001230245-23-000073.txt	Edgar Link	pending
0001230245-23-000073-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pipr-20230331.htm	Edgar Link	pending
pipr-20230331.xsd	Edgar Link	pending
pscq12023ex311.htm	Edgar Link	pending
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pipr-20230331_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
pipr-20230331_def.xml	Edgar Link	unprocessable
pipr-20230331_lab.xml	Edgar Link	unprocessable
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pipr-20230331_htm.xml	Edgar Link	completed
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$PIPR
PIPER SANDLER COMPANIES Stock $pipr

2023 Q2 Form 10-Q Financial Statement

#000123024523000073 Filed on May 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PIPR PIPER SANDLER COMPANIES Stock $pipr

2023 Q2 Form 10-Q Financial Statement

#000123024523000073 Filed on May 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PIPR
PIPER SANDLER COMPANIES Stock $pipr