Jun 2026 (Q2 FY26) — Jul 30, 2026
Piper Sandler Q2 FY26 — Record Advisory and Equity Brokerage Performance
Read the full callPiper Sandler (PIPR) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Piper Sandler earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 496 | +24.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 67.8 | +60.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$64.57 +0.14% · +$0.09
Performance −25.4% 1Y
1Y: $86.57 on 14 Oct 2025 → $64.57. High $94.52 (22 Jan 2026), low $63.79 (7 Oct 2026).
- Previous close
- $64.48
- 52-week range
- $63.79 – $94.52
- One year
- −25.63%
Overview
- Symbol
- PIPR
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — May 1, 2026
Piper Sandler Q1 FY26 — Strong Start with Record Corporate Investment Banking Revenues
Read the full callEvery analysed call
Piper Sandler earnings calls (PIPR)
Financials
What the filings say
Net profit, year on year: +61% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 361 | 485 | 359 | 399 | 480 | 667 | 475 | 496 |
| Profit before tax | 56 | 82 | 29 | 49 | 107 | 189 | 88 | 100 |
| Tax rate | 27.4% | 36.1% | −24.9% | 35.1% | 23.2% | 24.3% | 22.3% | 30.2% |
| Net profit | 35 | 69 | 65 | 42 | 60 | 114 | 65 | 68 |
| EPS ($ per share) | 2.19 | 4.30 | 0.99 | 0.63 | 3.61 | 6.77 | 0.96 | 1 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Reserves | 183 | 259 | 271 | 450 | 453 | 454 | 562 | 729 |
| Total liabilities | 615 | 822 | 1,071 | 1,338 | 928 | 842 | 840 | 1,010 |
| Fixed assets | 32 | 30 | 44 | 52 | 68 | 61 | 59 | 77 |
| Total assets | 1,345 | 1,629 | 1,997 | 2,565 | 2,182 | 2,141 | 2,256 | 2,593 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 510 | 68 | 780 | 707 | -225 | 276 | 313 | 587 |
| Cash from investing | -16 | 27 | -435 | -21 | -127 | -10 | -32 | -44 |
| Cash from financing | -477 | 105 | -88 | -223 | -250 | -250 | -181 | -219 |
| Net cash flow | 17 | 200 | 258 | 463 | -605 | 17 | 100 | 327 |
PIPR operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | 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.
Insider filings
114 filings between Nov 5, 2025 and Sep 30, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$12.89M
19 sales by 5 insiders
Compensation
not trading decisions- 60
- Award — granted as compensation
- 4
- Option exercise — converted options into shares
- 31
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Doyle Jonathan J | — | $7.10M | May 5, 2026 |
| Schoneman Debbra L. | — | $2.67M | Feb 11, 2026 |
| Abraham Chad R | — | $2.49M | Nov 28, 2025 |
| Clune Katherine Patricia | — | $443.9K | Nov 21, 2025 |
| SORAN PHILIP | — | $189.6K | Nov 18, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 30, 2026 | Gallo Ann C Director | Award | 383 | $0 |
| Sep 30, 2026 | Sterling Brian R Director | Award | 383 | $0 |
| Sep 30, 2026 | SORAN PHILIP Director | Award | 383 | $0 |
| Sep 22, 2026 | Schoppert Wendy Lee Director | Award | 1,396 | $0 |
| Sep 11, 2026 | Gallo Ann C Director | Award | 22 | $0 |
| Sep 11, 2026 | TAYLOR SCOTT C Director | Award | 91 | $0 |
| Sep 11, 2026 | Mitchell Robbin Director | Award | 42 | $0 |
| Sep 11, 2026 | HOLT VICTORIA M Director | Award | 79 | $0 |
| Sep 11, 2026 | SORAN PHILIP Director | Award | 214 | $0 |
| Sep 11, 2026 | Sterling Brian R Director | Award | 33 | $0 |
| Jun 30, 2026 | Gallo Ann C Director | Award | 345 | $0 |
| Jun 30, 2026 | SORAN PHILIP Director | Award | 345 | $0 |
| Jun 30, 2026 | Sterling Brian R Director | Award | 345 | $0 |
| Jun 12, 2026 | HOLT VICTORIA M Director | Award | 76 | $0 |
| Jun 12, 2026 | Sterling Brian R Director | Award | 31 | $0 |
| Jun 12, 2026 | TAYLOR SCOTT C Director | Award | 87 | $0 |
| Jun 12, 2026 | SORAN PHILIP Director | Award | 206 | $0 |
| Jun 12, 2026 | Gallo Ann C Director | Award | 20 | $0 |
| Jun 12, 2026 | Mitchell Robbin Director | Award | 40 | $0 |
| May 20, 2026 | Sterling Brian R Director | Award | 1,875 | $0 |
| May 20, 2026 | SCHREIER THOMAS S JR Director | Award | 1,875 | $0 |
| May 20, 2026 | TAYLOR SCOTT C Director | Award | 1,875 | $0 |
| May 20, 2026 | SORAN PHILIP Director | Award | 1,875 | $0 |
| May 20, 2026 | Mitchell Robbin Director | Award | 1,875 | $0 |
| May 20, 2026 | ESSIG STUART Director | Award | 1,875 | $0 |
| May 20, 2026 | Gallo Ann C Director | Award | 1,875 | $0 |
| May 20, 2026 | HOLT VICTORIA M Director | Award | 1,875 | $0 |
| May 5, 2026 | Doyle Jonathan J Hd of Financial Services Group | Sale | 300 | $24.3K |
| May 5, 2026 | Doyle Jonathan J Hd of Financial Services Group | Sale | 38,600 | $3.11M |
| May 5, 2026 | Doyle Jonathan J Hd of Financial Services Group | Sale | 6,100 | $483.4K |
| May 4, 2026 | Doyle Jonathan J Hd of Financial Services Group | Sale | 19,296 | $1.48M |
| May 4, 2026 | Doyle Jonathan J Hd of Financial Services Group | Sale | 300 | $23.5K |
| May 4, 2026 | Doyle Jonathan J Hd of Financial Services Group | Sale | 25,404 | $1.97M |
| Mar 31, 2026 | SORAN PHILIP Director | Award | 323 | $0 |
| Mar 31, 2026 | Gallo Ann C Director | Award | 323 | $0 |
| Mar 31, 2026 | Sterling Brian R Director | Award | 323 | $0 |
| Mar 13, 2026 | Mitchell Robbin Director | Award | 69 | $0 |
| Mar 13, 2026 | Sterling Brian R Director | Award | 59 | $0 |
| Mar 13, 2026 | TAYLOR SCOTT C Director | Award | 161 | $0 |
| Mar 13, 2026 | SORAN PHILIP Director | Award | 391 | $0 |
| Mar 13, 2026 | Gallo Ann C Director | Award | 28 | $0 |
| Mar 13, 2026 | HOLT VICTORIA M Director | Award | 139 | $0 |
| Feb 26, 2026 | Dillahunt Michael R Global Co-Head IB and Cap Mkts | Tax withheld | 3,929 | $0 |
| Feb 26, 2026 | Doyle Jonathan J Hd of Financial Services Group | Tax withheld | 5,937 | $0 |
| Feb 26, 2026 | Dillahunt Michael R Global Co-Head IB and Cap Mkts | Award | 8,615 | $0 |
| Feb 26, 2026 | Geelan John W General Counsel | Tax withheld | 824 | $0 |
| Feb 26, 2026 | Doyle Jonathan J Hd of Financial Services Group | Award | 14,443 | $0 |
| Feb 26, 2026 | Baker James P Global Co-Head IB and Cap Mkts | Tax withheld | 2,903 | $0 |
| Feb 26, 2026 | Baker James P Global Co-Head IB and Cap Mkts | Award | 7,377 | $0 |
| Feb 26, 2026 | PELTIER JEAN-PAUL M Global Co-Head IB and Cap Mkts | Tax withheld | 3,066 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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