Principal Financial (PFG) Cost of Revenue (2009 - 2026)

Principal Financial (PFG) has 18 years of Cost of Revenue data on file, last reported at $1.6 billion in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $1.6 billion, down 27.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.0 billion (down 3.25% YoY), and the FY2025 annual result was $8.6 billion, up 6.09% from the prior year.
• Cost of Revenue declined to $1.6 billion in Q1 2026 per PFG's latest filing, from $2.5 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $2.5 billion in Q4 2025 and troughed at $1.4 billion in Q2 2022.
• A 5-year average of $1.9 billion and a median of $1.8 billion in 2025 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2026: Cost of Revenue surged 30.27% in 2023, then retreated 27.43% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $1.9 billion in 2022, then soared by 30.27% to $2.5 billion in 2023, then decreased by 13.07% to $2.1 billion in 2024, then increased by 18.33% to $2.5 billion in 2025, then slumped by 36.58% to $1.6 billion in 2026.
• Business Quant data shows PFG's Cost of Revenue at $1.6 billion in Q1 2026, $2.5 billion in Q4 2025, and $2.0 billion in Q3 2025.