PIPR Piper Sandler (PIPR) Q2 FY26 earnings call
Piper Sandler delivered a strong second quarter, marked by record advisory and equity brokerage revenues, contributing to its 11th consecutive quarter of year-over-year revenue growth. The firm's diversified model, particularly its strength in Financial Services and Healthcare, enabled it to navigate varied market conditions, though fixed income faced headwinds. Management remains focused on strategic investments and disciplined cost management to drive continued long-term growth.
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PIPR operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Investment banking managing directors | 192We finished the quarter with 192 investment banking managing directors, the highest number in firm history.Source: earnings call transcript | 193We finished the quarter with 193 investment banking managing directors, a 6% increase year-over-year.Source: earnings call transcript | +0.5% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.