Principal Financial Group Variable Annuity — Deferred Policy Acquisition Costs Additions decreased by 27.7% to $18.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.5%, from $22.00M to $18.80M. Over 4 years (FY 2021 to FY 2025), Variable Annuity — Deferred Policy Acquisition Costs Additions shows an upward trend with a 38.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals higher investment in new business acquisition, which may lead to future revenue growth but impacts current cash flow.
Reflects the amount of new acquisition costs, such as commissions and underwriting expenses, capitalized during the peri...
Commonly reported as DAC additions in insurance financial disclosures.
pfg_segment_variable_annuity_deferred_policy_acquisition_costs_additions| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.60M | $6.60M | $6.60M | $5.63M | $5.63M | $5.63M | $5.63M | $5.20M | $6.50M | $7.40M | $8.30M | $9.90M | $14.00M | $26.50M | $22.30M | $22.00M | $24.90M | $24.00M | $26.00M | $18.80M |
| QoQ Change | — | +0.0% | +0.0% | -14.8% | +0.0% | +0.0% | +0.0% | -7.6% | +25.0% | +13.8% | +12.2% | +19.3% | +41.4% | +89.3% | -15.8% | -1.3% | +13.2% | -3.6% | +8.3% | -27.7% |
| YoY Change | — | — | — | — | -14.8% | -14.8% | -14.8% | -7.6% | +15.6% | +31.6% | +47.6% | +90.4% | +115.4% | +258.1% | +168.7% | +122.2% | +77.9% | -9.4% | +16.6% | -14.5% |