Solo work and more: 1995–present

On January 17, 1996, the band was inducted into the Rock and Roll Hall of Fame by The Smashing Pumpkins frontman Billy Corgan. Rick Wright did not attend; he was having cataract surgery.

A live recording of The Wall was released in 2000, compiled from the 1980–1981 London concerts, entitled Is There Anybody Out There? The Wall Live 1980–81. It reached #19 on the American album chart. In 2001, a remastered two-disc set of the band's best-known tracks entitled Echoes was released. Gilmour, Mason, Waters and Wright all collaborated on the editing, sequencing, and song selection of the included tracks. Minor controversy was caused due to the songs segueing into one another non-chronologically, presenting the material out of the context of the original albums. Some of the tracks, such as Echoes, Shine On You Crazy Diamond, Sheep, Marooned, and High Hopes have had substantial sections removed from them. The album reached #2 on the UK and U.S. charts.

In 2003, an SACD reissue of The Dark Side of the Moon was released with new artwork on the front cover. The album was also re-released as an 180 gram, virgin vinyl pressing in 2003, which included all the original album art from the original release of the album, albeit with a new poster. The reissue of Wish You Were Here is in the works, with no release date announced. Nick Mason's book, Inside Out: A Personal History of Pink Floyd was published in 2004 in Europe and 2005 in the U.S. Mason made public promotional appearances in a few European and American cities, giving interviews and meeting fans at book signings. Some fans claimed that he said he wished he were on a tour with the band rather than on a book tour.

Longtime Pink Floyd manager Steve O'Rourke died on October 30, 2003. Gilmour, Mason and Wright reunited at his funeral and performed Fat Old Sun and The Great Gig in the Sky at the Chichester Cathedral in tribute.

Two years later, on July 2, 2005, the band reunited once again for a one-off performance at the London Live 8 concert. This time, however, they were joined by Waters - the first time all four band members were on stage together in 24 years. The band performed a four-song set consisting of Speak to Me/Breathe/Breathe (Reprise), Money, Wish You Were Here, and Comfortably Numb, with both Gilmour and Waters sharing lead vocals. At the end of their performance Gilmour said thank you very much, good night and started to walk off the stage. Waters called him back, however, and the band shared a group hug that became one of the most famous images of Live 8.

In the week after Live 8, there was a revival of interest in Pink Floyd. According to record store chain HMV, sales of Echoes: The Best of Pink Floyd went up, in the following week, by 1343%, while Amazon.com reported increases in sales of The Wall at 3600%, Wish You Were Here at 2000%, The Dark Side of the Moon at 1400% and Animals at 1000%. David Gilmour subsequently declared that he would donate his share of profits from this sales boom to charity, and urged all the other artists and record companies profiting from Live 8 to do the same. On November 16, 2005 Pink Floyd were inducted into the UK Music Hall of Fame by Pete Townshend. Gilmour and Mason attended in person, explaining that Wright was in hospital following eye surgery, and Waters appeared on a video screen, from Rome.

David Gilmour released his third solo record, On an Island, on March 6, 2006, and began a tour of small concert venues in Europe, Canada and the U.S. with a band including Richard Wright and was joined several times for the encore by Nick Mason. During the tour, he performed Pink Floyd's first single, Arnold Layne. Waters was also invited to join them in London, but final rehearsals for his 2006 Europe/U.S. tour required him to decline. Waters was joined on stage by Mason on the 29th of June 2006 for the second half of a show in Cork, Ireland where he performed the whole of The Dark Side of the Moon.

Waters and Wright are both reported to be working on solo albums, and there has been talk of Waters doing a Broadway musical version of The Wall, with extra music to be written by Waters. Waters is also embarking on his US/European tour The Dark Side of the Moon Live Tour; the setlist consists of The Dark Side of the Moon in its entirety along with a selection of other Pink Floyd favourites and a small number of songs from Waters' solo career. Waters also contributed the song Hello (I Love You), cowritten by Howard Shore, to the 2007 film The Last Mimzy.