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Piper Sandler PIPR Pre-Tax Income

Pre-Tax Income at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
$315.55M+134%
Stifel Financial logo
Stifel FinancialSF
$326.07M+415%
Goldman Sachs Group logo
Goldman Sachs GroupGS
$6.49B+14.9%
Morgan Stanley logo
Morgan StanleyMS
$7.01B+26.5%
Evercore logo
EvercoreEVR
$331.78M+196%
T Rowe Price Group logo
T Rowe Price GroupTROW
$632.2M-5.2%

Other financials

Income statement

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Revenue$474.4M+32.8%
Net income$65.2M+0.5%
EPS (diluted)$0.92+1.1%

Balance sheet

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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

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Operating cash flow-$291.7M-40.8%
CapEx$2.2M-80.7%
Free cash flow-$293.9M-34.6%

Valuation

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Market cap$5.53B+24.3%

Profitability

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Net margin14%+0.8pp
FCF margin18%

Returns & leverage

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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

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Questions, answered.

What is Piper Sandler's pre-tax income?
Piper Sandler (PIPR) reported pre-tax income of $87.93M in Q1 2026.
How has Piper Sandler's pre-tax income changed year-over-year?
Piper Sandler's pre-tax income increased by 198.7% year-over-year, from $29.43M to $87.93M.
What is the long-term trend for Piper Sandler's pre-tax income?
Over 4 years (2021 to 2025), Piper Sandler's pre-tax income has grown at a -4.0% compound annual growth rate (CAGR), from $441.51M to $374.55M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.