PIPR PIPER SANDLER COMPANIES

FY2025 10-K
Filed: Feb 26, 2026
Financials
Security Brokers, Dealers & Flotation CompaniesSEC EDGAR

PIPER SANDLER COMPANIES (PIPR) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Investment banking and financial advisory services
  • No new products, services, or segments introduced or emphasized in FY 2026 filing
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Management Discussion & Analysis

  • Revenue $1.90B, up 24.5% YoY from $1.53B in 2024; investment banking led with $1.40B, up 26.8%
  • Net income $281.3M, up 55.3% YoY; pre-tax margin 19.7% vs 14.3%, compensation ratio improved 62.5% vs 65.8%
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Risk Factors

  • No specific or timely regulatory or legal risk identified in the risk factors section
  • No explicit geopolitical or macroeconomic threat with concrete exposure detailed
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Financial Summary
XBRL

Revenue

$1.8B

Net Income

$281M

Net Margin

15.3%

ROE

20.5%

Total Assets

$2.6B

EPS (Diluted)

$15.82

Operating Cash Flow

$587M

Source: XBRL data from PIPER SANDLER COMPANIES FY2025 10-K filing on SEC EDGAR. All figures in USD.

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