Skip to content
OpenCapital
Get started

Principal Financial Group PFG Q1 2026 earnings

Reported April 23, 2026 · After market close

Revenue$3.5BMiss by $603.1MDiluted EPS$2.07Beat by $0.06
Revenue estimate$4.1B
EPS estimate$2.01

Next report

Jul 27, 2026 (In 2 weeks)
Revenue estimate$4.1B
EPS estimate$2.32

Financials

Q1 2026

Income statement

See full
Revenue$3.5B-4.5%
Net income$424.6M+783%
EPS (diluted)$1.93+819%

Balance sheet

See full
Cash & equivalents$4.1B+4.6%
Total debt$3.9B-9.3%
Total equity$11.8B+5.3%
Total assets$332.70B+6.3%

Cash flow

See full
Operating cash flow$187.1M-80.9%

Valuation & ratios

Valuation

as of 07/09/26
See full
Market cap$23.92B+2.7%
Enterprise value$23.81B-0.4%
P/E15.3×-6.1×
P/S1.6×+0.1×

Profitability

See full
Net margin10.1%+3.2pp

Returns & leverage

See full
Return on equity13.6%+3.9pp
Debt / equity0.3×-0.1×

Segments

By segment

See full
Segment Retirement And Income Solutions$1.5B-26.8%
Segment Benefits And Protection$1.3B+3.3%
Segment Principal Asset Management$683.3M-0.5%
Segment Corporate-$163.1M+2.6%

Versus estimates

Revenue

Q1 2026$3.5BMiss by $603.1M
Q4 2025$4.5BBeat by $335.8MQ3 2025$3.7BMiss by $462.5MQ2 2025$3.7BMiss by $311.4MQ1 2025$3.7BMiss by $309.2MQ4 2024$4.8BBeat by $632.5M

Diluted EPS

Q1 2026$2.07Beat by $0.06
Q4 2025$2.19Miss by $0.04Q3 2025$2.10Miss by $0.10Q2 2025$2.16Beat by $0.19Q1 2025$1.81Miss by $0.01Q4 2024$1.94Beat by $0.01

Ask the moment Principal Financial Group reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Principal Financial Group report Q1 2026 earnings?
Principal Financial Group (PFG) reported Q1 2026 earnings on April 23, 2026 after market close.
What were Principal Financial Group's Q1 2026 revenue and EPS?
Principal Financial Group reported revenue of $3.5B and diluted EPS of $2.07 for Q1 2026.
Did Principal Financial Group beat estimates in Q1 2026?
Revenue missed the consensus estimate of $4.1B by $603.1M. EPS beat the consensus estimate of $2.01 by $0.06.
How did Principal Financial Group's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 4.8% from $3.7B a year earlier and diluted EPS grew 14.4% from $1.81.
Where can I find Principal Financial Group's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-045100) and the 10-Q periodic report (0001104659-26-051384) directly on SEC EDGAR. The filing index links above go to sec.gov.