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What changed in Principal Financial Group, Inc's latest annual report

In the year ended 31 Dec 2025, Principal Financial Group, Inc's revenue fell 3.1% to USD 15.63bn, from USD 16.13bn; net income fell 24.6% to USD 1.19bn, from USD 1.57bn; total liabilities rose 8.9% to USD 328.99bn, from USD 302.19bn.

Year ended 31 Dec 2025. Source: 10-K filed 18 Feb 2026, read it on SEC EDGAR.

USD 16.13bn to USD 15.63bn

Revenue, down 3.1% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue16.13bn15.63bnDown 3.1%
Net income1.57bn1.19bnDown 24.6%
Total assets313.66bn341.38bnUp 8.8%
Total liabilities302.19bn328.99bnUp 8.9%
Long-term debt3.96bn3.93bnDown 0.7%
Cash and cash equivalents4.21bn4.43bnUp 5.2%
Shareholders' equity11.09bn11.88bnUp 7.2%

Questions people ask

Did Principal Financial Group, Inc's revenue grow last year?

Revenue fell 3.1%, from USD 16.13bn to USD 15.63bn in the year ended 31 Dec 2025.

Is Principal Financial Group, Inc profitable?

Yes. Net income was USD 1.19bn in the year ended 31 Dec 2025. The year before: USD 1.57bn.

How much cash and debt does Principal Financial Group, Inc have?

At its latest year end (31 Dec 2025), Principal Financial Group, Inc reported cash and cash equivalents of USD 4.43bn and long-term debt of USD 3.93bn.

Where do these numbers come from?

From Principal Financial Group, Inc's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Principal Financial Group, Inc (PFG) 10-K: what changed year on year | LYNORIQ Insights