PIPER SANDLER COMPANIESPIPREarnings & Financial Report

NYSE · financial services

Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management, and securities research. Through its principal subsidiary, Piper Sandler & Co., the company targets corporations, institutional investors, and public entities.

Revenue

$480.1M

Gross Profit

N/A

Operating Profit

$107.4M

Net Profit

$60.3M

Gross Margin

N/A

Operating Margin

22.4%

Net Margin

12.6%

YoY Growth

33.0%

EPS

$3.38

Financial Flow

PIPER SANDLER COMPANIES Q3 2025 Financial Summary

PIPER SANDLER COMPANIES reported revenue of $480.1M for Q3 2025, with a net profit of $60.3M (12.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue	$480.1M
Net Profit	$60.3M
Gross Margin	N/A
Operating Margin	22.4%
Report Period	Q3 2025

PIPER SANDLER COMPANIES Annual Revenue by Year

PIPER SANDLER COMPANIES annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.5B).

Year	Annual Revenue
2024	$1.5B
2023	$1.4B
2022	$1.4B

Income Statement

	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Revenue	$474.2M	$344.4M	$340.8M	$360.9M	$485.4M	$358.6M	$398.6M	$480.1M
YoY Growth	20.6%	14.6%	17.0%	23.6%	2.4%	4.1%	16.9%	33.0%

Balance Sheet

	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Assets	$2.14B	$1.82B	$1.92B	$2.03B	$2.26B	$1.82B	$1.96B	$2.22B
Liabilities	$841.5M	$497.4M	$579.3M	$670.0M	$840.2M	$442.4M	$559.7M	$756.7M
Equity	$1.09B	$1.10B	$1.13B	$1.17B	$1.23B	$1.21B	$1.23B	$1.28B