Filing Flows › Principal Financial Group (PFG) › Operating margin
Principal Financial Group (PFG) operating margin by quarter
Principal Financial Group's operating margin was 18.2% in Q3 2026 (third quarter 2026), +5.5 pts from Q2 2026. Over the last 7 quarters it ranged from 0.8% (Q1 2025) to 18.2% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 18.2% | +5.5 pts | +11.4 pts |
| Q2 2026 | 12.7% | -0.9 pts | -1.0 pts |
| Q1 2026 | 13.7% | -0.2 pts | +12.9 pts |
| Q4 2025 | 13.9% | +7.1 pts | — |
| Q3 2025 | 6.7% | -7.0 pts | — |
| Q2 2025 | 13.7% | +12.9 pts | — |
| Q1 2025 | 0.8% | — | — |
Q3 2026 at a glance
Principal Financial Group, Q3 2026: revenue $4.6B (+25% year over year), operating margin 18.2%, net earnings $632M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
Questions
What is Principal Financial Group's operating margin?
Principal Financial Group's operating margin was 18.2% in Q3 2026 (third quarter 2026), +5.5 pts from Q2 2026.
How has Principal Financial Group's operating margin changed?
Over the last 7 quarters it ranged from 0.8% (Q1 2025) to 18.2% (Q3 2026).
Q3 2026 results → · How Principal Financial Group makes money →