Piper Sandler PIPR Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Investment banking by Business | ||||||
| Advisory services | $250.96M-37.7% | $402.59M+89.6% | $212.37M+3.0% | $206.2M-4.9% | $216.8M-22.5% | |
| Corporate financing | $73.32M+9.9% | $66.74M-16.3% | $79.72M+128% | $34.98M+5.8% | $33.06M-37.3% | |
| Municipal financing | $23.91M-38.6% | $38.94M+1.1% | $38.5M-8.1% | $41.91M+58.7% | $26.4M-35.6% | |
| Institutional brokerage by Business | ||||||
| Equity brokerage | $60.47M-5.8% | $64.19M+19.4% | $53.75M-7.5% | $58.08M+7.1% | $54.25M-11.4% | |
| Fixed income services | $50.38M+5.2% | $47.89M-14.1% | $55.74M+2.7% | $54.29M+13.9% | $47.67M-15.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Piper Sandler break its business down?
- Piper Sandler (PIPR) reports investment banking by business across 3 parts — Advisory services, Corporate financing and Municipal financing. Each is extracted from the segment footnotes and tracked over time.
- Where does Piper Sandler's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Piper Sandler's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
