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Side-by-side financial comparison of IAMGOLD CORP (IAG) and PIPER SANDLER COMPANIES (PIPR). Click either name above to swap in a different company.

IAMGOLD CORP is the larger business by last-quarter revenue ($724.2M vs $667.0M, roughly 1.1× PIPER SANDLER COMPANIES).

Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso and Canada. Headquartered in Toronto, the company was incorporated in 1990, and went public on the Toronto Stock Exchange in 1996, with additional shares being listed on the New York Stock Exchange beginning in 2005. The company formerly owned or had stakes in the Sadiola and Yatela gold mines in Mali, the Mupane gold mine in Botswana, the Niobec niobium mine in Quebec, as well as a royalty in the Diav...

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.

IAG vs PIPR — Head-to-Head

Bigger by revenue
IAG
IAG
1.1× larger
IAG
$724.2M
$667.0M
PIPR

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
IAG
IAG
PIPR
PIPR
Revenue
$724.2M
$667.0M
Net Profit
$114.0M
Gross Margin
35.4%
Operating Margin
28.3%
Net Margin
17.1%
Revenue YoY
37.4%
Net Profit YoY
65.0%
EPS (diluted)
$6.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IAG
IAG
PIPR
PIPR
Q4 25
$667.0M
Q3 25
$480.1M
Q2 25
$724.2M
$398.6M
Q1 25
$338.9M
$358.6M
Q4 24
$485.4M
Q3 24
$360.9M
Q2 24
$465.0M
$340.8M
Q1 24
$226.2M
$344.4M
Net Profit
IAG
IAG
PIPR
PIPR
Q4 25
$114.0M
Q3 25
$60.3M
Q2 25
$42.2M
Q1 25
$64.9M
Q4 24
$69.1M
Q3 24
$34.8M
Q2 24
$34.8M
Q1 24
$42.5M
Gross Margin
IAG
IAG
PIPR
PIPR
Q4 25
Q3 25
Q2 25
35.4%
Q1 25
31.2%
Q4 24
Q3 24
Q2 24
15.0%
Q1 24
19.1%
Operating Margin
IAG
IAG
PIPR
PIPR
Q4 25
28.3%
Q3 25
22.4%
Q2 25
12.3%
Q1 25
8.2%
Q4 24
16.9%
Q3 24
15.4%
Q2 24
8.3%
Q1 24
15.2%
Net Margin
IAG
IAG
PIPR
PIPR
Q4 25
17.1%
Q3 25
12.6%
Q2 25
10.6%
Q1 25
18.1%
Q4 24
14.2%
Q3 24
9.6%
Q2 24
10.2%
Q1 24
12.3%
EPS (diluted)
IAG
IAG
PIPR
PIPR
Q4 25
$6.41
Q3 25
$3.38
Q2 25
$2.38
Q1 25
$3.65
Q4 24
$3.88
Q3 24
$1.96
Q2 24
$1.97
Q1 24
$2.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IAG
IAG
PIPR
PIPR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
Total Assets
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Stockholders' Equity
IAG
IAG
PIPR
PIPR
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.1B
Total Assets
IAG
IAG
PIPR
PIPR
Q4 25
$2.6B
Q3 25
$2.2B
Q2 25
$2.0B
Q1 25
$1.8B
Q4 24
$2.3B
Q3 24
$2.0B
Q2 24
$1.9B
Q1 24
$1.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IAG
IAG
PIPR
PIPR
Operating Cash FlowLast quarter
$729.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.40×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IAG
IAG
PIPR
PIPR
Q4 25
$729.8M
Q3 25
$31.9M
Q2 25
$32.1M
Q1 25
$-207.2M
Q4 24
$163.8M
Q3 24
$80.1M
Q2 24
$266.5M
Q1 24
$-197.2M
Cash Conversion
IAG
IAG
PIPR
PIPR
Q4 25
6.40×
Q3 25
0.53×
Q2 25
0.76×
Q1 25
-3.19×
Q4 24
2.37×
Q3 24
2.30×
Q2 24
7.66×
Q1 24
-4.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IAG
IAG

Segment breakdown not available.

PIPR
PIPR

Advisory Services$402.6M60%
Equities Financing$66.7M10%
Equity Salesand Trading$64.2M10%
Fixed Income Salesand Trading$47.9M7%
Other$46.7M7%
Debt Financing$38.9M6%

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