What is Piper Sandler's acquisitions?

Piper Sandler (PIPR) reported acquisitions of $1.15M in Q1 2026.

What does acquisitions mean?

Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

Piper Sandler PIPR Acquisitions

Acquisitions at other companies

Stifel FinancialSF

$0-100%

LazardLAZ

$46.23M—

Houlihan LokeyHLI

$1.81M+279%

StoneX Group Inc.SNEX

$7.9M-1.3%

Raymond James FinancialRJF

——

PNC Financial ServicesPNC

——

Other financials

Income statement

See full

Revenue$474.4M+32.8%

Net income$65.2M+0.5%

EPS (diluted)$0.92+1.1%

Balance sheet

See full

Cash & equivalents$344.4M+173%

Total debt$112.2M-3.0%

Total equity$1.3B+10.6%

Total assets$2.1B+17.0%

Cash flow

See full

Operating cash flow-$291.7M-40.8%

CapEx$2.2M-80.7%

Free cash flow-$293.9M-34.6%

Valuation

See full

Market cap$5.53B+24.3%

Profitability

See full

Net margin14%+0.8pp

FCF margin18%—

Returns & leverage

See full

Return on equity22%+4.5pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by Piper Sandler in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The official record: Piper Sandler’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Piper Sandler's acquisitions.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Piper Sandler's acquisitions?: Piper Sandler (PIPR) reported acquisitions of $1.15M in Q1 2026.
What does acquisitions mean?: Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.