Other

Operating Expenses Including Deferred Acquisition Costs Capitalization And Amortization

Principal Financial Group Operating Expenses Including Deferred Acquisition Costs Capitalization And Amortization increased by 0.5% to $1.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.8%, from $1.39B to $1.38B. Over 4 years (FY 2021 to FY 2025), Operating Expenses Including Deferred Acquisition Costs Capitalization And Amortization shows relatively stable performance with a 1.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Lower expenses relative to revenue indicate improved operational efficiency and better cost management.

Detailed definition

Encompasses all administrative, selling, and general costs incurred to operate the business, adjusted for the capitaliza...

Peer comparison

Commonly used in financial services to assess the cost-to-income ratio and operational leverage.

Metric ID: other_operating_expenses_including_deferred_acquisition__d154b5

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.27B$1.20B$1.41B$1.18B$1.34B$1.21B$1.23B$1.24B$1.25B$1.29B$1.29B$1.34B$1.32B$1.34B$1.36B$1.39B$1.30B$1.37B$1.37B$1.38B
QoQ Change-5.4%+17.6%-16.0%+13.1%-9.4%+2.0%+0.7%+0.8%+2.7%+0.3%+4.1%-1.7%+1.2%+2.1%+2.0%-6.9%+6.1%-0.1%+0.5%
YoY Change+5.6%+1.2%-12.2%+5.2%-6.2%+6.2%+4.5%+8.1%+5.4%+3.9%+5.7%+3.5%-1.9%+2.9%+0.7%-0.8%
Range$1.18B$1.41B
CAGR+1.8%
Avg YoY Growth+2.0%
Median YoY Growth+3.7%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Segment Retirement And Income Solutions$439.90M$421.80M$441.30M$454.70M$448.70M
Segment Principal Asset Management$403.40M$381.50M$387.90M$394.10M$417.90M
Segment Benefits And Protection$376.70M$360.40M$366.30M$371.30M$369.70M
Segment Corporate$120.30M$105.60M$119.20M$124.00M$151.90M
Total$1.39B$1.30B$1.37B$1.37B$1.38B

Frequently Asked Questions

What is Principal Financial Group's operating expenses including deferred acquisition costs capitalization and amortization?
Principal Financial Group (PFG) reported operating expenses including deferred acquisition costs capitalization and amortization of $1.38B in Q1 2026.
How has Principal Financial Group's operating expenses including deferred acquisition costs capitalization and amortization changed year-over-year?
Principal Financial Group's operating expenses including deferred acquisition costs capitalization and amortization decreased by 0.8% year-over-year, from $1.39B to $1.38B.
What is the long-term trend for Principal Financial Group's operating expenses including deferred acquisition costs capitalization and amortization?
Over 4 years (2021 to 2025), Principal Financial Group's operating expenses including deferred acquisition costs capitalization and amortization has grown at a 1.7% compound annual growth rate (CAGR), from $5.07B to $5.43B.
What does operating expenses including deferred acquisition costs capitalization and amortization mean?
Total costs to run the business after accounting for the timing of acquisition-related expenses.