Piper Sandler Companies
PIPR Financial Capital Markets
Piper Sandler Companies' revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 24.5% from fiscal 2024.
- Revenue
- −7.56%
- EPS
- −33.8%
- Free cash flow
- +58.8%
Quarter to September 2026, against a year earlier
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Piper Sandler Companies (PIPR) Free cash flow
Piper Sandler Companies's free cash flow for fiscal 2025 was $552.0M, up 85.4% from $297.8M in fiscal 2024. Over the twelve months to 30 June 2026 it was $487.0M. Over the past ten years it has ranged from −$255.5M (fiscal 2022) to $762.2M (fiscal 2020); the current reading is higher than 82% of that period. Free cash flow has risen for 3 consecutive fiscal years. Piper Sandler Companies ranks 17th of 92 Capital Markets companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $552.0M | 85.37% |
| FY2024 | $297.8M | 12.12% |
| FY2023 | $265.6M | — |
| FY2022 | −$255.5M | — |
| FY2021 | $686.5M | (9.93%) |
| FY2020 | $762.2M | 1,143.73% |
| FY2019 | $61.3M | (87.59%) |
| FY2018 | $494.0M | 153.32% |
| FY2017 | $195.0M | — |
| FY2016 | −$14.2M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $28.5M | — |
| Mar 2026 | −$293.9M | — |
| Dec 2025 | $726.5M | 2,702.36% |
| Sep 2025 | $25.9M | 44.60% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| MRX Marex Group PLC compare | $2.3B |
| PIPR Piper Sandler Companies | $487.0M |
| BGC BGC Group, Inc. compare | $440.6M |
| MC Moelis & Company compare | $433.4M |
| MKTX MarketAxess Holdings Inc. compare | $142.6M |
| FIGR Figure Technology Solutions, Inc. compare | −$105.2M |
| RIOT Riot Platforms, Inc. compare | −$592.6M |
| GLXY Galaxy Digital Inc. compare | −$1.9B |
| WULF TeraWulf Inc. compare | −$2.4B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on PIPR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement