Filing Flows › Principal Financial Group (PFG) › Q1 2025
Principal Financial Group (PFG) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Principal Financial Group (PFG) reported revenue of $3.7B for the first quarter 2025 (Q1 2025), -9% from a year earlier and -22% from the quarter before. Operating margin was 0.8%, net earnings $48.1M (1.3% of revenue).
Principal Financial Group, Q1 2025: revenue $3.7B (-9% year over year), operating margin 0.8%, net earnings $48.1M, operating cash flow $977M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | -22% | -9% |
| Operating profit | $28.9M | -97% | -95% |
| Net earnings | $48.1M | -95% | -91% |
| Operating cash flow | $977M | -33% | +67% |
What changed
Revenue was $3.7B in Q1 2025, down 9% year over year and down 22% from the previous quarter.
Operating profit was $0.03B, a 0.8% margin (down 14.7 points year over year). Total costs grew 7% against a revenue fall of 9%. Net earnings were $0.05B, down 91% year over year. The tax line was a benefit of $0.03B on pre-tax earnings of $0.03B.
Operating cash flow was $1.0B (up 67% year over year), 1554% of net income including minority interests. Working capital and other items added $0.91B.
Questions
What was Principal Financial Group's revenue in the first quarter 2025?
Principal Financial Group (PFG) reported revenue of $3.7B for the first quarter 2025 (Q1 2025), -9% from a year earlier and -22% from the quarter before.
Was Principal Financial Group profitable in the first quarter 2025?
Operating profit was $28.9M (0.8% of revenue) and net earnings $48.1M.