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Piper Sandler Companies (PIPR) Revenue & Revenue Breakdown

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Piper Sandler Companies Revenue Highlights

Latest Revenue (Y)

$1.90B

Latest Revenue (Q)

$480.09M

Main Segment (Y)

Advisory Services

Piper Sandler Companies Revenue by Period

Piper Sandler Companies Revenue by Year

DateRevenueChange
2025-12-31$1.90B28.55%
2024-12-31$1.48B13.08%
2023-12-31$1.31B-5.29%
2022-12-31$1.38B-30.23%
2021-12-31$1.98B65.80%
2020-12-31$1.20B47.56%
2019-12-31$810.29M11.86%
2018-12-31$724.37M-13.32%
2017-12-31$835.72M9.64%
2016-12-31$762.22M10.70%
2015-12-31$688.52M3.45%
2014-12-31$665.59M22.81%
2013-12-31$541.96M8.39%
2012-12-31$499.99M12.64%
2011-12-31$443.88M-11.82%
2010-12-31$503.38M3.39%
2009-12-31$486.88M55.29%
2008-12-31$313.52M-40.63%
2007-12-31$528.07M-1.73%
2006-12-31$537.35M18.41%
2005-12-31$453.80M-0.62%
2004-12-31$456.63M-43.36%
2003-12-31$806.24M5.62%
2002-12-31$763.37M699.87%
2001-12-31$95.44M-33.87%
2000-12-31$144.31M-

Piper Sandler Companies generated $1.90B in revenue during NA 2025, up 28.55% compared to the previous quarter, and up 159.26% compared to the same period a year ago.

Piper Sandler Companies Revenue by Quarter

DateRevenueChange
2025-09-30$480.09M20.45%
2025-06-30$398.58M11.56%
2025-03-31$357.27M-26.20%
2024-12-31$484.11M34.13%
2024-09-30$360.93M6.29%
2024-06-30$339.56M-1.42%
2024-03-31$344.44M-29.08%
2023-12-31$485.65M71.17%
2023-09-30$283.72M-0.05%
2023-06-30$283.87M-1.08%
2023-03-31$286.98M-23.66%
2022-12-31$375.94M12.42%
2022-09-30$334.40M-1.06%
2022-06-30$337.99M-0.90%
2022-03-31$341.07M-46.11%
2021-12-31$632.93M46.87%
2021-09-30$430.95M-13.07%
2021-06-30$495.73M20.32%
2021-03-31$412.00M4.65%
2020-12-31$393.70M37.41%
2020-09-30$286.51M3.46%
2020-06-30$276.92M23.58%
2020-03-31$224.08M-16.17%
2019-12-31$267.30M40.25%
2019-09-30$190.58M15.73%
2019-06-30$164.68M-6.44%
2019-03-31$176.01M-18.65%
2018-12-31$216.37M10.26%
2018-09-30$196.23M27.28%
2018-06-30$154.17M-4.75%
2018-03-31$161.85M-30.77%
2017-12-31$233.78M-1.96%
2017-09-30$238.44M21.77%
2017-06-30$195.82M-1.46%
2017-03-31$198.72M-9.88%
2016-12-31$220.50M10.89%
2016-09-30$198.84M17.96%
2016-06-30$168.57M11.05%
2016-03-31$151.79M-23.09%
2015-12-31$197.36M31.91%
2015-09-30$149.62M-8.81%
2015-06-30$164.07M1.36%
2015-03-31$161.87M7.52%
2014-12-31$150.55M-5.57%
2014-09-30$159.43M-6.24%
2014-06-30$170.03M1.13%
2014-03-31$168.13M-10.37%
2013-12-31$187.58M46.19%
2013-09-30$128.31M28.61%
2013-06-30$99.77M-8.91%
2013-03-31$109.53M-19.86%
2012-12-31$136.68M2.80%
2012-09-30$132.96M24.96%
2012-06-30$106.40M-9.58%
2012-03-31$117.67M18.60%
2011-12-31$99.22M1.06%
2011-09-30$98.18M-27.78%
2011-06-30$135.95M8.95%
2011-03-31$124.78M-29.25%
2010-12-31$176.37M51.44%
2010-09-30$116.46M-8.77%
2010-06-30$127.65M16.49%
2010-03-31$109.59M-1.61%
2009-12-31$111.38M-6.93%
2009-09-30$119.67M-9.54%
2009-06-30$132.29M57.71%
2009-03-31$83.88M33.04%
2008-12-31$63.05M-13.28%
2008-09-30$72.71M-23.39%
2008-06-30$94.91M-0.86%
2008-03-31$95.73M-34.66%
2007-12-31$146.50M-

Piper Sandler Companies generated $480.09M in revenue during Q3 2025, up 20.45% compared to the previous quarter, and up 141.39% compared to the same period a year ago.

Piper Sandler Companies Revenue Breakdown

Piper Sandler Companies Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Fixed Income Sales and Trading$202.93M$186.17M$168.03M$194.95M$233.51M
Debt Financing$145.75M----
Equities Financing$217.16M----
Advisory Services$1.04B$808.75M$709.32M$776.43M$1.03B
Equity Sales and Trading$230.27M$215.28M$209.51M$210.31M$154.07M
Municipal Financing-$122.51M$83.42M$107.74M$164.28M
Corporate Financing-$173.88M$131.08M$125.34M$362.80M

Piper Sandler Companies's latest annual revenue breakdown by segment (product or service), as of Dec 25: Advisory Services (56.59%), Equity Sales and Trading (12.56%), Equities Financing (11.84%), Fixed Income Sales and Trading (11.06%), and Debt Financing (7.95%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Fixed Income Sales and Trading$47.89M$55.74M$54.29M$45.00M$95.76M$48.45M$41.95M$47.89M$40.25M$37.40M$42.48M$49.60M$37.03M$53.57M$54.76M$50.26M$56.04M$60.96M$66.25M$53.00M
Equities Financing$66.74M$79.72M$34.98M$35.73M$17.90M$52.58M$37.17M$36.92M$26.80M$40.10M$29.24M$19.19M$79.06M$102.40M$116.14M-----
Debt Financing$38.94M$38.50M$41.91M$26.40M$35.52M$20.75M$19.93M$17.27M$16.93M$26.52M$35.23M$27.42M$42.37M$36.08M$27.09M-----
Advisory Services$402.58M$212.37M$206.20M$216.80M$463.51M$188.05M$157.19M$284.32M$154.56M$129.78M$140.66M$221.06M$174.81M$169.66M$210.90M$410.46M$214.16M$248.67M$152.85M$169.28M
Equity Sales and Trading$64.19M$53.75M$58.08M$54.25M$113.31M$52.48M$49.49M$55.00M$50.24M$50.44M$53.83M$56.45M$52.69M$51.38M$49.80M$41.90M$34.06M$34.87M$43.23M$39.51M

Piper Sandler Companies's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Advisory Services (64.90%), Equities Financing (10.76%), Equity Sales and Trading (10.35%), Fixed Income Sales and Trading (7.72%), and Debt Financing (6.28%).

Piper Sandler Companies Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
SNEXStoneX Group$132.38B$39.03B
PFSIPennyMac Financial Services$4.36B$632.90M
VIRTVirtu Financial$3.63B$824.79M
LAZLazard$3.19B$782.43M
PIPRPiper Sandler Companies$1.90B$480.09M
PJTPJT Partners$1.71B$447.09M
MCMoelis$1.52B$356.89M
MKTXMarketAxess$846.26M$208.82M
FAFFirst American Financial$641.90M$190.10M
HUTHut 8$235.12M$83.51M
WULFTeraWulf$168.46M$50.58M

PIPR Revenue FAQ

What is Piper Sandler Companies’s yearly revenue?

Piper Sandler Companies's yearly revenue for 2025 was $1.9B, representing an increase of 28.55% compared to 2024. The company's yearly revenue for 2024 was $1.48B, representing an increase of 13.08% compared to 2023. PIPR's yearly revenue for 2023 was $1.31B, representing a decrease of -5.29% compared to 2022.

What is Piper Sandler Companies’s quarterly revenue?

Piper Sandler Companies's quarterly revenue for Q3 2025 was $480.09M, a 20.45% increase from the previous quarter (Q2 2025), and a 33.02% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $398.58M, a 11.56% increase from the previous quarter (Q1 2025), and a 17.38% increase year-over-year (Q2 2024). PIPR's quarterly revenue for Q1 2025 was $357.27M, a -26.20% decrease from the previous quarter (Q4 2024), and a 3.73% increase year-over-year (Q1 2024).

What is Piper Sandler Companies’s revenue growth rate?

Piper Sandler Companies's revenue growth rate for the last 3 years (2023-2025) was 45.37%, and for the last 5 years (2021-2025) was -3.94%.

What are Piper Sandler Companies’s revenue streams?

Piper Sandler Companies's revenue streams in c 25 are Fixed Income Sales and Trading, Debt Financing, Equities Financing, Advisory Services, and Equity Sales and Trading. Fixed Income Sales and Trading generated $202.92M in revenue, accounting 11.06% of the company's total revenue, up 9.00% year-over-year. Debt Financing generated $145.75M in revenue, accounting 7.95% of the company's total revenue Equities Financing generated $217.16M in revenue, accounting 11.84% of the company's total revenue Advisory Services generated $1.04B in revenue, accounting 56.59% of the company's total revenue, up 28.34% year-over-year. Equity Sales and Trading generated $230.27M in revenue, accounting 12.56% of the company's total revenue, up 6.97% year-over-year.

What is Piper Sandler Companies’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Piper Sandler Companies was Advisory Services. This segment made a revenue of $1.04B, representing 56.59% of the company's total revenue.