Source: Piper Sandler Companies's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$769.87M
$843.89M
$757.50M
$846.30M
$1.25B
$2.04B
$1.44B
$1.30B
$1.51B
$1.83B
Pre-tax income
-$30.87M
$79.32M
$72.49M
$118.98M
$68.55M
$441.51M
$134.37M
$122.59M
$218.41M
$374.55M
Income tax
-$17.13M
$53.81M
$18.05M
$24.58M
$19.19M
$111.14M
$33.19M
$23.61M
$60.97M
$80.58M
Net income
-$21.95M
-$61.94M
$57.04M
$111.71M
$40.50M
$278.51M
$110.67M
$85.49M
$181.11M
$281.33M
EPS (basic)
$-1.73
$-5.07
$3.78
$7.90
$2.94
$19.52
$7.92
$5.72
$11.44
$16.89
EPS (diluted)
$-1.73
$-4.99
$3.72
$7.69
$2.72
$16.43
$6.52
$4.96
$10.24
$15.82
Diluted shares
12.78M
12.98M
13.43M
13.94M
14.90M
16.95M
16.96M
17.22M
17.70M
17.79M
Net margin
-2.9%
-7.3%
7.5%
13.2%
3.2%
13.6%
7.7%
6.6%
12.0%
15.3%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$70.37M
$33.79M
$50.36M
$250.02M
$507.94M
$970.97M
$365.62M
$383.10M
$482.83M
$809.41M
Goodwill
$196.22M
$81.86M
$81.86M
$87.65M
$227.51M
$227.51M
$301.15M
$301.76M
$312.02M
$319.26M
Total assets
$2.13B
$2.02B
$1.35B
$1.63B
$2.00B
$2.57B
$2.18B
$2.14B
$2.26B
$2.59B
Short-term debt
$418.83M
$289.94M
$49.95M
$49.98M
$0
—
$0
$30.00M
$10.00M
$15.00M
Long-term debt
—
—
—
$175.00M
$195.00M
$125.00M
$125.00M
$0
—
—
Total debt
$418.83M
$289.94M
$49.95M
$224.98M
$195.00M
$125.00M
$125.00M
$30.00M
$10.00M
$15.00M
Total liabilities
$1.31B
$1.28B
$614.85M
$822.19M
$1.07B
$1.34B
$927.53M
$841.51M
$840.16M
$1.01B
Shareholders' equity
$759.25M
$693.33M
$677.44M
$731.28M
$829.42M
$1.06B
$1.05B
$1.09B
$1.23B
$1.37B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
-$3.23M
$203.00M
$509.80M
$67.80M
$779.76M
$707.09M
-$224.91M
$275.63M
$313.25M
$586.63M
Free cash flow
-$3.23M
$203.00M
$509.80M
$67.80M
$779.76M
$707.09M
-$224.91M
$275.63M
$313.25M
$586.63M
Investing cash flow
-$83.73M
-$7.99M
-$15.80M
$26.69M
-$435.00M
-$20.58M
-$127.10M
-$10.05M
-$31.77M
-$43.65M
Financing cash flow
-$111.56M
-$233.12M
-$476.77M
$104.66M
-$87.56M
-$223.12M
-$250.06M
-$249.59M
-$180.61M
-$218.73M
Dividends paid
$0
$18.95M
$47.16M
$35.59M
$28.17M
$99.35M
$107.53M
$84.44M
$73.73M
$114.15M
Share buybacks
$70.86M
$25.48M
$70.90M
$50.58M
$21.96M
$69.90M
$187.33M
$70.68M
$66.43M
$125.04M
Stock-based compensation
$55.98M
$39.83M
$44.28M
$32.00M
$121.69M
$171.45M
$131.20M
$93.77M
$103.36M
$123.91M
Depreciation & amortization
$6.40M
$7.00M
$8.10M
$9.30M
$10.70M
$12.60M
$15.60M
$17.90M
$16.80M
$17.40M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$474.21M
$344.44M
$340.84M
$360.93M
$485.38M
$378.19M
$395.46M
$440.08M
$620.34M
$459.04M
$473.06M
$445.96M
Pre-tax income
$85.85M
$52.42M
$28.25M
$55.62M
$82.13M
$29.43M
$48.92M
$107.43M
$188.76M
$87.93M
$100.44M
$66.63M
Income tax
$21.27M
$2.84M
$13.28M
$15.22M
$29.63M
-$7.33M
$17.17M
$24.95M
$45.80M
$19.62M
$30.34M
$26.48M
Net income
$52.02M
$42.49M
$34.77M
$34.79M
$69.06M
$64.92M
$42.18M
$60.27M
$113.97M
$65.24M
$67.84M
$55.41M
EPS (basic)
$3.44
$2.74
$2.19
$2.19
$4.30
$0.99
$0.63
$0.90
$6.77
$0.96
$1.00
$0.82
EPS (diluted)
$3.00
$2.43
$1.97
$1.96
$3.86
$0.91
$0.59
$0.85
$6.40
$0.92
$0.95
$0.78
Diluted shares
17.37M
17.50M
17.63M
17.77M
17.87M
71.15M
70.90M
71.23M
17.81M
71.23M
71.24M
70.67M
Net margin
11.0%
12.3%
10.2%
9.6%
14.2%
17.2%
10.7%
13.7%
18.4%
14.2%
14.3%
12.4%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$383.10M
$69.96M
$320.94M
$350.19M
$482.83M
$126.08M
$123.32M
$114.00M
$809.41M
$344.43M
$304.23M
$580.55M
Goodwill
$301.76M
$301.76M
$301.76M
$310.33M
$312.02M
$311.94M
$311.94M
$319.39M
$319.26M
$319.26M
$319.26M
$319.26M
Total assets
$2.14B
$1.82B
$1.92B
$2.03B
$2.26B
$1.82B
$1.96B
$2.22B
$2.59B
$2.13B
$2.33B
$2.43B
Short-term debt
$30.00M
$0
$0
$20.00M
$10.00M
$15.00M
$15.00M
$15.00M
$15.00M
$15.00M
$15.00M
$15.00M
Long-term debt
$0
—
—
—
—
—
—
—
—
—
—
—
Total debt
$30.00M
$0
$0
$20.00M
$10.00M
$15.00M
$15.00M
$15.00M
$15.00M
$15.00M
$15.00M
$15.00M
Total liabilities
$841.51M
$497.42M
$579.25M
$670.04M
$840.16M
$442.39M
$559.73M
$756.66M
$1.01B
$572.20M
$759.43M
$869.52M
Shareholders' equity
$1.09B
$1.10B
$1.13B
$1.17B
$1.23B
$1.21B
$1.23B
$1.28B
$1.37B
$1.34B
$1.37B
$1.38B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$423.01M
-$197.19M
$266.48M
$80.13M
$163.84M
-$207.22M
$32.14M
$31.91M
$729.80M
-$291.72M
$36.25M
$349.92M
Free cash flow
$423.01M
-$197.19M
$266.48M
$80.13M
$163.84M
-$207.22M
$32.14M
$31.91M
$729.80M
-$291.72M
$36.25M
$349.92M
Investing cash flow
-$1.76M
-$1.27M
-$3.38M
-$18.64M
-$8.47M
-$11.15M
-$14.22M
-$14.97M
-$3.32M
-$3.31M
-$7.79M
-$20.82M
Financing cash flow
-$91.22M
-$114.36M
-$11.94M
-$34.98M
-$19.34M
-$139.56M
-$22.66M
-$25.23M
-$31.27M
-$168.92M
-$68.41M
-$53.04M
Dividends paid
$10.24M
$35.66M
$14.79M
$10.67M
$12.61M
$70.26M
$17.09M
$11.93M
$14.87M
$100.72M
$13.84M
$13.63M
Share buybacks
$3.06M
$52.09M
$5.50M
$2.38M
$6.46M
$80.63M
$20.89M
$3.68M
$19.85M
$69.89M
$30.97M
$39.41M
Stock-based compensation
$31.02M
$26.82M
$23.77M
$20.52M
$32.25M
$31.16M
$21.26M
$23.41M
$48.08M
$28.02M
$28.77M
$25.62M
Depreciation & amortization
$4.40M
$4.26M
$4.24M
$4.16M
$4.13M
$4.21M
$4.08M
$4.67M
$4.43M
$4.73M
$4.88M
$5.14M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.