The financials
Principal Financial Group by the numbers
Principal Financial Group (PFG) reported revenue of $3.53B in Q1 2026 (quarter ended Mar 31, 2026), down 4.5% from the same quarter a year earlier. That came with net income of $425M (12% of revenue). For the full year FY2025, revenue was $15.6B (−3.1% year on year) and net income $1.19B. Its largest segment in Jun 2026 was Segment Retirement And Income Solutions at $1.88B, 48% of the disclosed total, ahead of Segment Benefits And Protection at 32%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $3.53B | $3.70B | −4.5% |
| Net income | $425M | $48M | +783% |
| Diluted EPS | $1.93 | $0.21 | +819% |
| Operating | Revenue | Share |
|---|---|---|
| Segment Retirement And Income Solutions | $1.88B | 48% |
| Segment Benefits And Protection | $1.27B | 32% |
| Segment Principal Asset Management | $791M | 20% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $3.78B (+15%)
Segment Principal Asset Management grew +13% year on yearSegment Benefits And Protection +2.2% year on year
Segment Latestquarter on quarteryear on year
- Segment Retirement And Income Solutions$1.88B$1.88BQoQ +24%year on year +9.5%+24%+9.5%
- Segment Benefits And Protection$1.27B$1.27BQoQ +1.6%year on year +2.2%+1.6%+2.2%
- Segment Principal Asset Management$791.4M$791.4MQoQ +16%year on year +13%+16%+13%
- Segment Corporate−$166.6M−$166.6MQoQ -year on year ---
Asset Management
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