Principal Financial PFG
NASDAQ PFG
$114.02 -1.02 (-0.89%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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