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Piper Sandler PIPR Amortization of forgivable loans

Amortization of forgivable loans at other companies

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Other financials

Income statement

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Revenue$495.5M+24.9%
Net income$67.8M+60.8%
EPS (diluted)$0.95+61.0%

Balance sheet

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Cash & equivalents$304.2M+147%
Total debt$175.0M+50.6%
Total equity$1.4B+11.6%
Total assets$2.3B+18.8%

Cash flow

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Operating cash flow-$291.7M-40.8%
CapEx$7.8M-45.2%
Free cash flow-$293.9M-34.6%

Valuation

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Market cap$5.29B-8.1%
Enterprise value$5.16B-10.3%
P/E17.2×-10.1×
P/S2.5×-1.1×

Profitability

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Net margin14.5%+1.3pp
FCF margin18%

Returns & leverage

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Return on equity23.6%+5.7pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Piper Sandler in its filing.

Tagged under the XBRL concept pipr:AmortizationOfLoansToEmployees.

The source filing: Piper Sandler’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 2:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001230245-26-000032

FAQ

What is Piper Sandler's amortization of forgivable loans?
Piper Sandler (PIPR) reported amortization of forgivable loans of $7.24M in Q2 2026.
How has Piper Sandler's amortization of forgivable loans changed year-over-year?
Piper Sandler's amortization of forgivable loans increased by 35.6% year-over-year, from $5.34M to $7.24M.
What is the long-term trend for Piper Sandler's amortization of forgivable loans?
Over 4 years (2021 to 2025), Piper Sandler's amortization of forgivable loans has grown at a 27.8% compound annual growth rate (CAGR), from $9.51M to $25.35M.
What does amortization of forgivable loans mean?
Represents the non-cash expense recognized as forgivable loans provided to employees, typically financial advisors, are amortized over their service period. This metric reflects the systematic expensing of retention-related capital investments. It serves as a proxy for the ongoing cost of human capital retention strategies within the investment banking business model.

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