Filing Flows › Comparisons › PIPR vs NAVI
Piper Sandler Companies vs Navient Holdings: PIPR and NAVI compared
Piper Sandler Companies is the larger company: $444M of revenue in its latest quarter (Q3 2026) against $317M for Navient Holdings (Q3 2026). Navient Holdings is growing faster (+97% against -8% a year earlier). Piper Sandler Companies is more profitable, with an operating margin of 15.0% against 4.1%.
Where the money goes: PIPR and NAVI
Piper Sandler Companies (PIPR) · Q3 2026
Piper Sandler Companies, Q3 2026: revenue $444M (-8% year over year), operating margin 15.0%, net earnings $55.4M, operating cash flow $350M. The chart follows the revenue to costs, profit and cash.
Navient Holdings (NAVI) · Q3 2026
Navient Holdings, Q3 2026: revenue $317M (+97% year over year), operating margin 4.1%, net earnings $15.0M. The chart follows the revenue to costs, profit and cash.
| Piper Sandler Companies (PIPR) | Navient Holdings (NAVI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $444M | $317M |
| Revenue growth, Y/Y | -8% | +97% |
| Operating margin | 15.0% | 4.1% |
| Net earnings | $55.4M | $15.0M |
| Net margin | 12.5% | 4.7% |
| Operating cash flow | $350M | — |
| Market value | $4.7B | $856M |
| P/E | 14.5× | — |
| Analysts’ mean target | $74.75 | — |
Where the revenue comes from
Navient Holdings
- Noninterest income: $202M (64%)
- Net interest income: $115M (36%)
Questions
Which is bigger, Piper Sandler Companies or Navient Holdings?
Piper Sandler Companies is the larger company: $444M of revenue in its latest quarter (Q3 2026) against $317M for Navient Holdings (Q3 2026).
Is Piper Sandler Companies or Navient Holdings growing faster?
Navient Holdings is growing faster (+97% against -8% a year earlier).
Which is more profitable, Piper Sandler Companies or Navient Holdings?
Piper Sandler Companies is more profitable, with an operating margin of 15.0% against 4.1%.
More: Piper Sandler Companies earnings · how Piper Sandler Companies makes money · Navient Holdings earnings · how Navient Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.