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Piper Sandler PIPR Due from Broker

Due from Broker at other companies

Piper Sandler logo
Piper SandlerPIPR
$31.36M+112%
Virtu Financial logo
Virtu FinancialVIRT
$1.6B+146%
KKR & Co. logo
KKR & Co.KKR
$90.01M-21.7%
AGNC Investment Corp. logo
AGNC Investment Corp.AGNC
$0-100%
BGC Group, Inc. logo
BGC Group, Inc.BGC
$46.58M+95.0%
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
$1.64M+186%

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 us-gaap:DueFromCorrespondentBrokers.

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 due from broker?
Piper Sandler (PIPR) reported due from broker of $31.36M in Q1 2026.
How has Piper Sandler's due from broker changed year-over-year?
Piper Sandler's due from broker increased by 111.8% year-over-year, from $14.8M to $31.36M.
What is the long-term trend for Piper Sandler's due from broker?
Over 5 years (2020 to 2025), Piper Sandler's due from broker has grown at a -9.7% compound annual growth rate (CAGR), from $33.51M to $20.13M.
What does due from broker mean?
This represents the total receivables due from other brokerage firms for services rendered or transactions cleared on their behalf. It reflects the firm's credit exposure to its correspondent partners and the efficiency of its settlement cycles. High balances may indicate significant business volume with partners, but also highlight potential counterparty credit risk.