| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 151,001 | 68,523 |
| Depreciation and amortization of fixed assets | 12,961 | 8,294 |
| Deferred income taxes | -25,467 | -22,700 |
| Stock-based compensation | 75,832 | 52,425 |
| Amortization of intangible assets | 6,370 | 4,223 |
| Amortization of forgivable loans | 17,309 | 10,359 |
| Receivables from brokers, dealers and clearing organizations | 302,747 | -7,712 |
| Net financial instruments and other inventory positions owned | 25,260 | 76,104 |
| Investments | 2,807 | -16,768 |
| Other assets | 22,306 | 40,779 |
| Payables to brokers, dealers and clearing organizations | 52,231 | 269 |
| Accrued compensation | -113,290 | -239,052 |
| Other liabilities and accrued expenses | -17,934 | -10,419 |
| Net cash provided by/(used in) operating activities | -143,173 | -175,081 |
| Business acquisitions, net of cash acquired | 8,989 | - |
| Purchases of fixed assets, net | 31,348 | 25,364 |
| Net cash used in investing activities | -40,337 | -25,364 |
| Net change in short-term financing | 5,000 | 5,000 |
| Payment of contingent consideration | 0 | 0 |
| Payment of cash dividends | 99,279 | 87,348 |
| Increase/(decrease) in noncontrolling interests | 8,745 | 20,152 |
| Repurchase of common stock | 105,196 | 101,518 |
| Proceeds from stock option exercises | 3,267 | 1,485 |
| Net cash used in financing activities | -187,463 | -162,229 |
| Effect of exchange rate changes on cash | 2,136 | 3,163 |
| Net decrease in cash and cash equivalents | -368,837 | -359,511 |
| Cash and cash equivalents at beginning of period | 482,834 | - |
| Cash and cash equivalents at end of period | 113,997 | - |
PIPER SANDLER COMPANIES (PIPR)
PIPER SANDLER COMPANIES (PIPR)