Piper Sandler FY26 Q2 EPS rises 61% to $0.95; net revenues increase 25% to $496 million
PIPR•Second-quarter results
Piper Sandler posted Q2 2026 net income attributable to shareholders of $67.85 million, up 61% year over year; EPS rose 61% to $0.95.
Net revenues climbed 25% to $495.52 million, lifting pre-tax margin by 8 percentage points to 20.3%.
Revenue by segment and dividend
Advisory services revenue rose 34% to $274.21 million; municipal financing revenue increased 18% to $49.51 million.
Equity brokerage revenue grew 8% to $62.91 million; fixed income services revenue fell 14% to $48.63 million.
The board declared a quarterly dividend of $0.20 per share, payable Sept. 11. CEO Chad Abraham cited “broad-based performance” and record first-half revenues.
