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Side-by-side financial comparison of LAUREATE EDUCATION, INC. (LAUR) and PIPER SANDLER COMPANIES (PIPR). Click either name above to swap in a different company.

PIPER SANDLER COMPANIES is the larger business by last-quarter revenue ($667.0M vs $541.4M, roughly 1.2× LAUREATE EDUCATION, INC.). LAUREATE EDUCATION, INC. runs the higher net margin — 31.7% vs 17.1%, a 14.6% gap on every dollar of revenue. On growth, PIPER SANDLER COMPANIES posted the faster year-over-year revenue change (37.4% vs 27.9%). Over the past eight quarters, LAUREATE EDUCATION, INC.'s revenue compounded faster (40.2% CAGR vs 39.2%).

Laureate Education, Inc. is a company based in Miami, Florida, United States. The firm owns and operates Laureate International Universities, with campuses in Mexico and Peru. The company is publicly traded on the Nasdaq.

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.

LAUR vs PIPR — Head-to-Head

Bigger by revenue
PIPR
PIPR
1.2× larger
PIPR
$667.0M
$541.4M
LAUR
Growing faster (revenue YoY)
PIPR
PIPR
+9.5% gap
PIPR
37.4%
27.9%
LAUR
Higher net margin
LAUR
LAUR
14.6% more per $
LAUR
31.7%
17.1%
PIPR
Faster 2-yr revenue CAGR
LAUR
LAUR
Annualised
LAUR
40.2%
39.2%
PIPR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LAUR
LAUR
PIPR
PIPR
Revenue
$541.4M
$667.0M
Net Profit
$171.6M
$114.0M
Gross Margin
35.8%
Operating Margin
33.2%
28.3%
Net Margin
31.7%
17.1%
Revenue YoY
27.9%
37.4%
Net Profit YoY
83.2%
65.0%
EPS (diluted)
$1.14
$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
LAUR
LAUR
PIPR
PIPR
Q4 25
$541.4M
$667.0M
Q3 25
$400.2M
$480.1M
Q2 25
$524.2M
$398.6M
Q1 25
$236.2M
$358.6M
Q4 24
$423.4M
$485.4M
Q3 24
$368.6M
$360.9M
Q2 24
$499.2M
$340.8M
Q1 24
$275.4M
$344.4M
Net Profit
LAUR
LAUR
PIPR
PIPR
Q4 25
$171.6M
$114.0M
Q3 25
$34.5M
$60.3M
Q2 25
$95.1M
$42.2M
Q1 25
$-19.5M
$64.9M
Q4 24
$93.6M
$69.1M
Q3 24
$85.5M
$34.8M
Q2 24
$128.1M
$34.8M
Q1 24
$-10.8M
$42.5M
Gross Margin
LAUR
LAUR
PIPR
PIPR
Q4 25
35.8%
Q3 25
20.9%
Q2 25
39.5%
Q1 25
-0.9%
Q4 24
32.0%
Q3 24
22.4%
Q2 24
36.1%
Q1 24
7.8%
Operating Margin
LAUR
LAUR
PIPR
PIPR
Q4 25
33.2%
28.3%
Q3 25
17.9%
22.4%
Q2 25
36.9%
12.3%
Q1 25
-5.6%
8.2%
Q4 24
29.3%
16.9%
Q3 24
19.5%
15.4%
Q2 24
33.4%
8.3%
Q1 24
4.0%
15.2%
Net Margin
LAUR
LAUR
PIPR
PIPR
Q4 25
31.7%
17.1%
Q3 25
8.6%
12.6%
Q2 25
18.1%
10.6%
Q1 25
-8.3%
18.1%
Q4 24
22.1%
14.2%
Q3 24
23.2%
9.6%
Q2 24
25.7%
10.2%
Q1 24
-3.9%
12.3%
EPS (diluted)
LAUR
LAUR
PIPR
PIPR
Q4 25
$1.14
$6.41
Q3 25
$0.23
$3.38
Q2 25
$0.65
$2.38
Q1 25
$-0.13
$3.65
Q4 24
$0.60
$3.88
Q3 24
$0.56
$1.96
Q2 24
$0.83
$1.97
Q1 24
$-0.07
$2.43

Balance Sheet & Financial Strength

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

Metric
LAUR
LAUR
PIPR
PIPR
Cash + ST InvestmentsLiquidity on hand
$146.7M
Total DebtLower is stronger
$73.1M
Stockholders' EquityBook value
$1.2B
$1.4B
Total Assets
$2.2B
$2.6B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LAUR
LAUR
PIPR
PIPR
Q4 25
$146.7M
Q3 25
$241.0M
Q2 25
$135.3M
Q1 25
$109.8M
Q4 24
$91.3M
Q3 24
$134.4M
Q2 24
$128.8M
Q1 24
$126.2M
Total Debt
LAUR
LAUR
PIPR
PIPR
Q4 25
$73.1M
Q3 25
$70.6M
Q2 25
$78.1M
Q1 25
$91.0M
Q4 24
$59.0M
Q3 24
$129.8M
Q2 24
$203.0M
Q1 24
$176.6M
Stockholders' Equity
LAUR
LAUR
PIPR
PIPR
Q4 25
$1.2B
$1.4B
Q3 25
$1.1B
$1.3B
Q2 25
$1.1B
$1.2B
Q1 25
$908.5M
$1.2B
Q4 24
$959.5M
$1.2B
Q3 24
$897.7M
$1.2B
Q2 24
$918.0M
$1.1B
Q1 24
$933.6M
$1.1B
Total Assets
LAUR
LAUR
PIPR
PIPR
Q4 25
$2.2B
$2.6B
Q3 25
$2.1B
$2.2B
Q2 25
$2.0B
$2.0B
Q1 25
$1.9B
$1.8B
Q4 24
$1.9B
$2.3B
Q3 24
$1.9B
$2.0B
Q2 24
$2.1B
$1.9B
Q1 24
$2.2B
$1.8B
Debt / Equity
LAUR
LAUR
PIPR
PIPR
Q4 25
0.06×
Q3 25
0.06×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.06×
Q3 24
0.14×
Q2 24
0.22×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
LAUR
LAUR
PIPR
PIPR
Operating Cash FlowLast quarter
$93.4M
$729.8M
Free Cash FlowOCF − Capex
$26.4M
FCF MarginFCF / Revenue
4.9%
Capex IntensityCapex / Revenue
12.4%
Cash ConversionOCF / Net Profit
0.54×
6.40×
TTM Free Cash FlowTrailing 4 quarters
$263.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LAUR
LAUR
PIPR
PIPR
Q4 25
$93.4M
$729.8M
Q3 25
$141.0M
$31.9M
Q2 25
$74.1M
$32.1M
Q1 25
$57.8M
$-207.2M
Q4 24
$40.7M
$163.8M
Q3 24
$118.7M
$80.1M
Q2 24
$40.2M
$266.5M
Q1 24
$33.2M
$-197.2M
Free Cash Flow
LAUR
LAUR
PIPR
PIPR
Q4 25
$26.4M
Q3 25
$122.8M
Q2 25
$60.8M
Q1 25
$53.2M
Q4 24
$3.4M
Q3 24
$110.7M
Q2 24
$29.5M
Q1 24
$17.3M
FCF Margin
LAUR
LAUR
PIPR
PIPR
Q4 25
4.9%
Q3 25
30.7%
Q2 25
11.6%
Q1 25
22.5%
Q4 24
0.8%
Q3 24
30.0%
Q2 24
5.9%
Q1 24
6.3%
Capex Intensity
LAUR
LAUR
PIPR
PIPR
Q4 25
12.4%
Q3 25
4.5%
Q2 25
2.5%
Q1 25
2.0%
Q4 24
8.8%
Q3 24
2.2%
Q2 24
2.1%
Q1 24
5.8%
Cash Conversion
LAUR
LAUR
PIPR
PIPR
Q4 25
0.54×
6.40×
Q3 25
4.09×
0.53×
Q2 25
0.78×
0.76×
Q1 25
-3.19×
Q4 24
0.43×
2.37×
Q3 24
1.39×
2.30×
Q2 24
0.31×
7.66×
Q1 24
-4.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LAUR
LAUR

Mexico Segment$275.9M51%
Peru Segment$265.5M49%

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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