PFG Principal Financial Group (PFG) Q2 FY26 earnings call
Principal Financial Group delivered a strong Q2 FY26, driven by robust earnings growth, favorable underwriting, and strategic capital deployment. The company optimized its portfolio through the acquisition of Beam Benefits and divestiture of its Hong Kong pension business, while navigating significant net outflows in specific active equity strategies. Management remains focused on sustained growth and shareholder value.
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PFG operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Employees | 19KOur strong performance this quarter reflects the dedication of our 19,000 employees around the world.Source: earnings call transcript | 19KIn closing, we have momentum across the business, supported by disciplined execution and the dedication of our 19,000 employees around the world.Source: earnings call transcript | 0% |
| Assets under management (AUM) | $770BTotal company managed AUM ended the quarter at $770 billion, modestly lower sequentially due to market performance and up 7% year-over-year.Source: earnings call transcript | $808BTotal company managed AUM ended the quarter at $808 billion, an increase of 5% from first quarter 2026 and 7% from the year ago quarter.Source: earnings call transcript | +4.9% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.