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For the year ending 2025-12-31, PIPR made $1,904,217K in revenue. $281,331K in net income. Net profit margin of 14.77%.

Income Overview

Revenue
$1,904,217K
Net Income
$281,331K
Net Profit Margin
14.77%
EPS
$15.82
Unit: Thousand (K) dollars
Revenue Breakdown
    • Advisory Services
    • Equity Salesand Trading
    • Equities Financing
    • Others
Revenue Breakdown
    • Investment banking
    • Institutional brokerage
    • Interest income
    • Investment income/(loss)

Income Statement
2025-12-31
2024-12-31
Total revenues
1,904,217 1,531,595
Interest expense
4,841 5,681
Net revenues
1,899,376 1,525,914
Compensation and benefits
1,186,370 1,004,173
Outside services
58,674 55,756
Occupancy and equipment
73,451 66,530
Communications
56,247 54,917
Marketing and business development
47,201 42,239
Deal-related expenses
43,483 30,491
Trade execution and clearance
19,599 19,836
Restructuring and integration costs
6,144 2,586
Intangible asset amortization
9,999 10,288
Other operating expenses
23,661 20,686
Total non-interest expenses
1,524,829 1,307,502
Income before income tax expense
374,547 218,412
Income tax expense
80,582 60,972
Net income
293,965 157,440
Net income/(loss) attributable to noncontrolling interests
12,634 -23,674
Net income attributable to piper sandler companies
281,331 181,114
Basic EPS
16.89 11.44
Diluted EPS
15.82 10.24
Basic Average Shares
16,658,000 15,838,000
Diluted Average Shares
17,785,000 17,695,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image
Advisory Services$1,037,959K Equities Financing$217,156K Debt Financing$145,751K Equity SalesandTrading$230,273K Fixed Income SalesandTrading$202,925K Investment banking$1,400,866K (26.76%↑ Y/Y)Institutional brokerage$433,198K (7.91%↑ Y/Y)Total revenues fromcontracts with customers$1,834,064K Interest income$36,904K (12.14%↑ Y/Y)Investment income/(loss)$33,249K (521.41%↑ Y/Y)Total revenues$1,904,217K (24.33%↑ Y/Y)Net revenues$1,899,376K (24.47%↑ Y/Y)Interest expense$4,841K (-14.79%↓ Y/Y)Income before incometax expense$374,547K (71.49%↑ Y/Y)Total non-interestexpenses$1,524,829K (16.62%↑ Y/Y)Net income$293,965K (86.72%↑ Y/Y)Income tax expense$80,582K (32.16%↑ Y/Y)Compensation and benefits$1,186,370K (18.14%↑ Y/Y)Occupancy and equipment$73,451K (10.40%↑ Y/Y)Outside services$58,674K (5.23%↑ Y/Y)Communications$56,247K (2.42%↑ Y/Y)Marketing and businessdevelopment$47,201K (11.75%↑ Y/Y)Deal-related expenses$43,483K (42.61%↑ Y/Y)Other operatingexpenses$23,661K (14.38%↑ Y/Y)Trade execution andclearance$19,599K (-1.19%↓ Y/Y)Intangible assetamortization$9,999K (-2.81%↓ Y/Y)Restructuring and integrationcosts$6,144K (137.59%↑ Y/Y)Net incomeattributable to piper sandler...$281,331K (55.33%↑ Y/Y)Net income/(loss)attributable to...$12,634K (153.37%↑ Y/Y)

PIPER SANDLER COMPANIES (PIPR)

PIPER SANDLER COMPANIES (PIPR)