For the quarter ending 2025-09-30, PIPR made $480,094K in revenue. $60,266K in net income. Net profit margin of 12.55%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 480,094 | 398,577 | 358,554 | 414,912 |
| Interest expense | 818 | 1,799 | 1,282 | 1,330 |
| Net revenues | 479,276 | 396,778 | 357,272 | 413,582 |
| Compensation and benefits | 288,901 | 258,216 | 248,457 | 269,225 |
| Outside services | 13,630 | 16,789 | 14,718 | 14,129 |
| Occupancy and equipment | 19,448 | 17,442 | 18,227 | 16,646 |
| Communications | 13,774 | 14,255 | 14,779 | 13,319 |
| Marketing and business development | 10,150 | 11,813 | 13,474 | 10,238 |
| Deal-related expenses | 12,948 | 11,746 | 5,462 | 9,249 |
| Trade execution and clearance | 4,775 | 4,701 | 5,174 | 5,084 |
| Restructuring and integration costs | 1,044 | 4,998 | - | 417 |
| Intangible asset amortization | 2,147 | 2,147 | 2,076 | 2,678 |
| Other operating expenses | 5,032 | 5,747 | 5,472 | 5,323 |
| Total non-interest expenses | 371,849 | 347,854 | 327,839 | 346,306 |
| Income before income tax expense | 107,427 | 48,924 | 29,433 | 67,276 |
| Income tax expense | 24,949 | 17,169 | -7,335 | 16,236 |
| Net income | 82,478 | 31,755 | 36,768 | 51,040 |
| Net income/(loss) attributable to noncontrolling interests | 22,212 | -10,427 | -28,147 | -4,736 |
| Net income attributable to piper sandler companies | 60,266 | 42,200 | 64,915 | 55,776 |
| Basic | 3.61 | 2.53 | 3.96 | 3.53 |
| Basic (in shares) | 16,716,000 | 16,703,000 | 16,378,000 | -7,981,000 |
| Diluted | 3.38 | 2.38 | 3.65 | 3.155 |
| Diluted (in shares) | 17,808,000 | 17,726,000 | 17,788,000 | -8,853,500 |
PIPER SANDLER COMPANIES (PIPR)
PIPER SANDLER COMPANIES (PIPR)