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Piper Sandler PIPR Amortization of forgivable loans

Amortization of forgivable loans at other companies

Stifel Financial logo
Stifel FinancialSF
$38.01M+6.2%
BGC Group, Inc. logo
BGC Group, Inc.BGC
$22.48M+29.5%
FTI Consulting logo
FTI ConsultingFCN
$23.1M+133%
ACI Worldwide logo
ACI WorldwideACIW
$21.92M+5.2%
VTR
VentasVTR
$9.37M+27.2%
FTI Consulting logo
FTI ConsultingFCN
$23.1M+133%

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%
Enterprise value$5.3B+19.3%
P/E19.6×-2.2×
P/S2.7×-0.1×

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 pipr:AmortizationOfLoansToEmployees.

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 amortization of forgivable loans?
Piper Sandler (PIPR) reported amortization of forgivable loans of $7.34M in Q1 2026.
How has Piper Sandler's amortization of forgivable loans changed year-over-year?
Piper Sandler's amortization of forgivable loans increased by 46.2% year-over-year, from $5.02M to $7.34M.
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.