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Principal Financial Group PFG Variable Annuity — Deferred Policy Acquisition Costs Additions

Other product segments

Universal Life
$19.8M-10.0%
Individual Disability
$17.9M-2.2%
Term Life Insurance
$17.8M-0.6%
Workplace Savings And Retirement Solutions
$11.3M-15.0%
Investment Only
$2.2M+100%
Participating Life Insurance Policy
$400K+33.3%
Pension Risk Transfer
$200K-86.7%

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AMPVariable Annuity — Deferred acquisition costs
$1.29B-6.4%
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$4.04B+3.9%
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JXNVariable annuity — Deferred acquisition costs
$10.7B-4.1%
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JXNVariable annuity — Deferred Policy Acquisition Costs, Amortization Expense
$255M-1.9%

Other financials

Income statement

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

Balance sheet

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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

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Operating cash flow$187.1M-80.9%

Valuation

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Market cap$23.28B+36.3%
Enterprise value$23.17B+33.5%
P/E14.9×-0.1×
P/S1.5×+0.4×

Profitability

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Net margin10.1%+3.2pp

Returns & leverage

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

Where this comes from

Reported directly by Principal Financial Group in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostsAdditions.

The official record: Principal Financial Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Principal Financial Group's variable annuity — deferred policy acquisition costs additions?
Principal Financial Group (PFG) reported variable annuity — deferred policy acquisition costs additions of $18.8M in Q1 2026.
How has Principal Financial Group's variable annuity — deferred policy acquisition costs additions changed year-over-year?
Principal Financial Group's variable annuity — deferred policy acquisition costs additions decreased by 14.5% year-over-year, from $22M to $18.8M.
What is the long-term trend for Principal Financial Group's variable annuity — deferred policy acquisition costs additions?
Over 4 years (2021 to 2025), Principal Financial Group's variable annuity — deferred policy acquisition costs additions has grown at a 38.4% compound annual growth rate (CAGR), from $26.4M to $96.9M.
What does variable annuity — deferred policy acquisition costs additions mean?
Reflects the amount of new acquisition costs, such as commissions and underwriting expenses, capitalized during the period for variable annuity products. This metric tracks the initial investment made to secure new policyholder contracts.