Principal Financial (PFG) Operating Expenses (2009 - 2026)
Principal Financial's (PFG) quarterly Operating Expenses came in at $3.4 billion in Q2 2026, up 7.62% year-over-year from $3.2 billion in Q2 2025, and up 11.89% quarter-over-quarter from $3.0 billion in Q1 2026.
Analysis
Principal Financial (PFG) Operating Expenses (2009 - 2026) Analysis & Trends
Principal Financial (PFG) has reported Operating Expenses for 18 consecutive years, with $3.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 7.62% year-over-year to $3.4 billion in Q2 2026; TTM through Jun 2026 was $13.8 billion, a 0.37% change from a year earlier, with the FY2025 full-year figure at $14.2 billion, changed 0.2% from the prior year.
- Operating Expenses was $3.4 billion for Q2 2026 at Principal Financial, up from $3.0 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $3.9 billion in Q4 2025 and troughed at $2.7 billion in Q2 2022.
- A 5-year average of $3.3 billion and a median of $3.2 billion in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses gained 24.59% in 2024 and fell 18.07% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $3.2 billion in 2022, then rose by 20.45% to $3.8 billion in 2023, then fell by 4.17% to $3.6 billion in 2024, then climbed by 8.28% to $3.9 billion in 2025, then dropped by 13.49% to $3.4 billion in 2026.
- The last three Operating Expenses figures came in at $3.4 billion (Q2 2026), $3.0 billion (Q1 2026), and $3.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 173.88 Bn | 160.24 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 143.21 Bn | -414.80 Bn | - | 149.76 Mn |
| 3 | World Gold Trust | 30.03 Bn | -73.04 Bn | - | 7.55 Mn |
| 4 | Ishares Gold Trust | 27.84 Bn | -32.27 Bn | - | 43.37 Mn |
| 5 | Principal Financial | 25.04 Bn | -27.21 Bn | 1.91 Bn | 3.41 Bn |
| 6 | iShares Silver Trust | 23.18 Bn | -5.03 Bn | - | 44.44 Mn |
| 7 | Franklin Resources | 17.63 Bn | 15.39 Bn | - | 2.14 Bn |
| 8 | Invesco | 14.60 Bn | 14.32 Bn | 1.79 Bn | 1.46 Bn |
| 9 | Affiliated Managers | 9.57 Bn | 10.05 Bn | - | 486.70 Mn |
| 10 | Voya Financial | 9.43 Bn | 8.80 Bn | 1.34 Bn | 1.86 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.41 Bn |
| Mar 31, 2026 | 3.05 Bn |
| Dec 31, 2025 | 3.94 Bn |
| Sep 30, 2025 | 3.43 Bn |
| Jun 30, 2025 | 3.17 Bn |
| Mar 31, 2025 | 3.67 Bn |
| Dec 31, 2024 | 3.64 Bn |
| Sep 30, 2024 | 3.31 Bn |
| Jun 30, 2024 | 3.87 Bn |
| Mar 31, 2024 | 3.43 Bn |
| Dec 31, 2023 | 3.80 Bn |
| Sep 30, 2023 | 2.99 Bn |
| Jun 30, 2023 | 3.10 Bn |
| Mar 31, 2023 | 3.03 Bn |
| Dec 31, 2022 | 3.15 Bn |
| Sep 30, 2022 | 2.98 Bn |
| Jun 30, 2022 | 2.69 Bn |
| Mar 31, 2022 | 2.72 Bn |
| Dec 31, 2021 | 3.82 Bn |
| Sep 30, 2021 | 3.00 Bn |