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Side-by-side financial comparison of Ollie's Bargain Outlet Holdings, Inc. (OLLI) 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 $613.6M, roughly 1.1× Ollie's Bargain Outlet Holdings, Inc.). PIPER SANDLER COMPANIES runs the higher net margin — 17.1% vs 7.5%, a 9.6% gap on every dollar of revenue. On growth, PIPER SANDLER COMPANIES posted the faster year-over-year revenue change (37.4% vs 18.6%). Over the past eight quarters, PIPER SANDLER COMPANIES's revenue compounded faster (39.2% CAGR vs -2.8%).

Ollie's Bargain Outlet is an American discount store chain. It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein, Mark Butler, Harry Coverman, and Oliver "Ollie" Rosenberg, the company's namesake. As of September 2025, the chain has 618 locations in 34 states. Its selection of merchandise comprises a variety of discounted items, mostly overstock or closeout merchandise that is purchased in bulk from other retailers and sold at discounted prices. Ollie's Bargain Outlet st...

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.

OLLI vs PIPR — Head-to-Head

Bigger by revenue
PIPR
PIPR
1.1× larger
PIPR
$667.0M
$613.6M
OLLI
Growing faster (revenue YoY)
PIPR
PIPR
+18.8% gap
PIPR
37.4%
18.6%
OLLI
Higher net margin
PIPR
PIPR
9.6% more per $
PIPR
17.1%
7.5%
OLLI
Faster 2-yr revenue CAGR
PIPR
PIPR
Annualised
PIPR
39.2%
-2.8%
OLLI

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
OLLI
OLLI
PIPR
PIPR
Revenue
$613.6M
$667.0M
Net Profit
$46.2M
$114.0M
Gross Margin
41.3%
Operating Margin
9.0%
28.3%
Net Margin
7.5%
17.1%
Revenue YoY
18.6%
37.4%
Net Profit YoY
28.7%
65.0%
EPS (diluted)
$0.75
$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
OLLI
OLLI
PIPR
PIPR
Q4 25
$613.6M
$667.0M
Q3 25
$679.6M
$480.1M
Q2 25
$576.8M
$398.6M
Q1 25
$667.1M
$358.6M
Q4 24
$517.4M
$485.4M
Q3 24
$578.4M
$360.9M
Q2 24
$508.8M
$340.8M
Q1 24
$648.9M
$344.4M
Net Profit
OLLI
OLLI
PIPR
PIPR
Q4 25
$46.2M
$114.0M
Q3 25
$61.3M
$60.3M
Q2 25
$47.6M
$42.2M
Q1 25
$68.6M
$64.9M
Q4 24
$35.9M
$69.1M
Q3 24
$49.0M
$34.8M
Q2 24
$46.3M
$34.8M
Q1 24
$76.5M
$42.5M
Gross Margin
OLLI
OLLI
PIPR
PIPR
Q4 25
41.3%
Q3 25
39.9%
Q2 25
41.1%
Q1 25
40.7%
Q4 24
41.4%
Q3 24
37.9%
Q2 24
41.1%
Q1 24
40.5%
Operating Margin
OLLI
OLLI
PIPR
PIPR
Q4 25
9.0%
28.3%
Q3 25
11.3%
22.4%
Q2 25
9.7%
12.3%
Q1 25
13.2%
8.2%
Q4 24
8.6%
16.9%
Q3 24
10.5%
15.4%
Q2 24
11.1%
8.3%
Q1 24
15.0%
15.2%
Net Margin
OLLI
OLLI
PIPR
PIPR
Q4 25
7.5%
17.1%
Q3 25
9.0%
12.6%
Q2 25
8.2%
10.6%
Q1 25
10.3%
18.1%
Q4 24
6.9%
14.2%
Q3 24
8.5%
9.6%
Q2 24
9.1%
10.2%
Q1 24
11.8%
12.3%
EPS (diluted)
OLLI
OLLI
PIPR
PIPR
Q4 25
$0.75
$6.41
Q3 25
$0.99
$3.38
Q2 25
$0.77
$2.38
Q1 25
$1.11
$3.65
Q4 24
$0.58
$3.88
Q3 24
$0.79
$1.96
Q2 24
$0.75
$1.97
Q1 24
$1.23
$2.43

Balance Sheet & Financial Strength

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

Metric
OLLI
OLLI
PIPR
PIPR
Cash + ST InvestmentsLiquidity on hand
$144.7M
Total DebtLower is stronger
$1.1M
Stockholders' EquityBook value
$1.8B
$1.4B
Total Assets
$2.9B
$2.6B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLLI
OLLI
PIPR
PIPR
Q4 25
$144.7M
Q3 25
$231.2M
Q2 25
$199.0M
Q1 25
$205.1M
Q4 24
$128.7M
Q3 24
$170.6M
Q2 24
$212.3M
Q1 24
$266.3M
Total Debt
OLLI
OLLI
PIPR
PIPR
Q4 25
$1.1M
Q3 25
$912.0K
Q2 25
$925.0K
Q1 25
$1.0M
Q4 24
$1.0M
Q3 24
$984.0K
Q2 24
$1.1M
Q1 24
$1.0M
Stockholders' Equity
OLLI
OLLI
PIPR
PIPR
Q4 25
$1.8B
$1.4B
Q3 25
$1.8B
$1.3B
Q2 25
$1.7B
$1.2B
Q1 25
$1.7B
$1.2B
Q4 24
$1.6B
$1.2B
Q3 24
$1.6B
$1.2B
Q2 24
$1.5B
$1.1B
Q1 24
$1.5B
$1.1B
Total Assets
OLLI
OLLI
PIPR
PIPR
Q4 25
$2.9B
$2.6B
Q3 25
$2.8B
$2.2B
Q2 25
$2.7B
$2.0B
Q1 25
$2.6B
$1.8B
Q4 24
$2.5B
$2.3B
Q3 24
$2.4B
$2.0B
Q2 24
$2.3B
$1.9B
Q1 24
$2.3B
$1.8B
Debt / Equity
OLLI
OLLI
PIPR
PIPR
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
OLLI
OLLI
PIPR
PIPR
Operating Cash FlowLast quarter
$4.8M
$729.8M
Free Cash FlowOCF − Capex
$-26.0M
FCF MarginFCF / Revenue
-4.2%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
0.10×
6.40×
TTM Free Cash FlowTrailing 4 quarters
$153.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLLI
OLLI
PIPR
PIPR
Q4 25
$4.8M
$729.8M
Q3 25
$80.7M
$31.9M
Q2 25
$28.7M
$32.1M
Q1 25
$147.8M
$-207.2M
Q4 24
$-4.4M
$163.8M
Q3 24
$43.9M
$80.1M
Q2 24
$40.2M
$266.5M
Q1 24
$143.6M
$-197.2M
Free Cash Flow
OLLI
OLLI
PIPR
PIPR
Q4 25
$-26.0M
Q3 25
$54.3M
Q2 25
$2.0M
Q1 25
$123.4M
Q4 24
$-35.4M
Q3 24
$5.6M
Q2 24
$13.3M
Q1 24
$100.6M
FCF Margin
OLLI
OLLI
PIPR
PIPR
Q4 25
-4.2%
Q3 25
8.0%
Q2 25
0.3%
Q1 25
18.5%
Q4 24
-6.8%
Q3 24
1.0%
Q2 24
2.6%
Q1 24
15.5%
Capex Intensity
OLLI
OLLI
PIPR
PIPR
Q4 25
5.0%
Q3 25
3.9%
Q2 25
4.6%
Q1 25
3.7%
Q4 24
6.0%
Q3 24
6.6%
Q2 24
5.3%
Q1 24
6.6%
Cash Conversion
OLLI
OLLI
PIPR
PIPR
Q4 25
0.10×
6.40×
Q3 25
1.32×
0.53×
Q2 25
0.60×
0.76×
Q1 25
2.16×
-3.19×
Q4 24
-0.12×
2.37×
Q3 24
0.90×
2.30×
Q2 24
0.87×
7.66×
Q1 24
1.88×
-4.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLLI
OLLI

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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