The earnings call demonstrated strong earnings growth, increased capital returns to shareholders, and significant recognition for leadership. However, challenges remain with negative net cash flows, ongoing market volatility impacting revenue, and continued negative flows in asset management. The sentiment reflects a balance between positive achievements and continued challenges.

Company Guidance -

Q3 2025

During the Principal Financial Group's second-quarter 2025 conference call, the company reported strong financial performance with adjusted non-GAAP earnings excluding significant variances at $469 million, marking an 18% increase in EPS over 2024. They highlighted a 5% sequential increase in managed assets under management (AUM) to $753 billion, and an 8% increase year-over-year. Despite negative net cash flow of $2.6 billion, the company saw improvement from global institutional client inflows. The retirement solutions segment recorded $6 billion in RIS sales, up 7% year-over-year, with a notable 27% year-over-year growth in transfer deposits. Principal Asset Management reported a 5% sequential increase in AUM to $723 billion and a 19% increase in sales over the prior year. Specialty Benefits and life insurance segments experienced strong earnings growth of 10% and robust sales results, respectively. The company maintained a strong capital position with $1.4 billion in excess and available capital and returned $320 million to shareholders in the second quarter. Principal Financial reiterated their confidence in meeting their 2025 financial targets and highlighted ongoing strategic investments to drive long-term growth.

Strong Earnings Growth

Adjusted non-GAAP earnings excluding significant variances were $469 million or $2.07, representing an 18% increase in EPS over 2024.

Capital Returns to Shareholders

Returned $320 million to shareholders in the second quarter, including $150 million of share repurchases and raised the common stock dividend for the eighth consecutive quarter.

Asset Management Growth

Principal Asset Management sales of $33 billion increased 19% over the prior year quarter, with AUM increasing to $723 billion, a 5% sequential increase.

Specialty Benefits Business Performance

Strong earnings growth of 10% in the Specialty Benefits business, with premium fees growing 3% compared to the year-ago quarter.

Recognition and Awards

Named one of the 2025 best places to work for disability inclusion and received a 2025 CSO award for digital ID verification initiative.

Principal Financial (PFG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PFG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	2.17 / -	1.76	―	―	―
Jul 28, 2025	2025 (Q2)	1.97 / 2.16	1.63	32.52% (+0.53)
Apr 24, 2025	2025 (Q1)	1.82 / 1.81	1.65	9.70% (+0.16)
Feb 06, 2025	2024 (Q4)	1.93 / 1.94	1.83	6.01% (+0.11)
Oct 24, 2024	2024 (Q3)	1.99 / 1.76	1.72	2.33% (+0.04)
Jul 25, 2024	2024 (Q2)	1.83 / 1.63	1.53	6.54% (+0.10)
Apr 25, 2024	2024 (Q1)	1.73 / 1.65	1.48	11.49% (+0.17)
Feb 12, 2024	2023 (Q4)	1.69 / 1.83	1.7	7.65% (+0.13)
Oct 26, 2023	2023 (Q3)	1.63 / 1.72	1.69	1.78% (+0.03)
Jul 27, 2023	2023 (Q2)	1.65 / 1.53	1.65	-7.27% (-0.12)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PFG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 28, 2025	$80.39	$80.19	-0.25%
Apr 24, 2025	$74.27	$72.74	-2.06%
Feb 06, 2025	$78.50	$80.79	+2.92%
Oct 24, 2024	$87.23	$81.45	-6.63%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Principal Financial (PFG) report earnings?

Principal Financial (PFG) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is Principal Financial (PFG) earnings time?

Principal Financial (PFG) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PFG EPS forecast?

PFG EPS forecast for the fiscal quarter 2025 (Q3) is 2.17.

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