Principal Financial PFG
NASDAQ PFG
$117.67 +1.73 (+1.49%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Principal Financial's (PFG) quarterly Cost of Revenue came in at $2.0 billion in Q2 2026, up 8.27% year-over-year from $1.8 billion in Q2 2025, and up 23.65% quarter-over-quarter from $1.6 billion in Q1 2026.

Analysis

Principal Financial (PFG) Cost of Revenue (2009 - 2026) Analysis & Trends

Principal Financial (PFG) has reported Cost of Revenue for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 8.27% year-over-year to $2.0 billion in Q2 2026; TTM through Jun 2026 was $8.1 billion, a 1.54% increase from a year earlier, with the FY2025 full-year figure at $8.6 billion, up 6.09% from the prior year.
  • Cost of Revenue was $2.0 billion for Q2 2026 at Principal Financial, up from $1.6 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 $1.9 billion in 2022 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue jumped 30.27% in 2023 and fell 27.43% in 2026, its largest moves.
  • Over 5 years, Cost of Revenue stood at $1.9 billion in 2022, then surged by 30.27% to $2.5 billion in 2023, then retreated by 13.07% to $2.1 billion in 2024, then grew by 18.33% to $2.5 billion in 2025, then decreased by 21.59% to $2.0 billion in 2026.
  • The last three Cost of Revenue figures came in at $2.0 billion (Q2 2026), $1.6 billion (Q1 2026), and $2.5 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 BlackRock 165.77 Bn 152.13 Bn - -
2 Spdr Gold Trust 141.23 Bn -416.77 Bn - -
3 World Gold Trust 29.62 Bn -73.45 Bn - -
4 Ishares Gold Trust 27.46 Bn -32.65 Bn - -
5 Principal Financial 25.26 Bn -27.00 Bn 1.91 Bn 1.99 Bn
6 iShares Silver Trust 23.22 Bn -4.99 Bn - -
7 Invesco 13.47 Bn 13.19 Bn 1.79 Bn 36.70 Mn
8 Voya Financial 9.20 Bn 8.58 Bn 1.34 Bn 560.00 Mn
9 Affiliated Managers 9.20 Bn 9.69 Bn - -
10 Victory Capital Holdings 6.56 Bn 6.49 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.99 Bn
Mar 31, 2026 1.61 Bn
Dec 31, 2025 2.54 Bn
Sep 30, 2025 1.96 Bn
Jun 30, 2025 1.84 Bn
Mar 31, 2025 2.22 Bn
Dec 31, 2024 2.15 Bn
Sep 30, 2024 1.78 Bn
Jun 30, 2024 2.08 Bn
Mar 31, 2024 2.07 Bn
Dec 31, 2023 2.47 Bn
Sep 30, 2023 1.71 Bn
Jun 30, 2023 1.83 Bn
Mar 31, 2023 1.77 Bn
Dec 31, 2022 1.90 Bn
Sep 30, 2022 1.80 Bn
Jun 30, 2022 1.44 Bn
Mar 31, 2022 1.49 Bn
Dec 31, 2021 2.30 Bn
Sep 30, 2021 1.77 Bn