Was 2023 Principal Financial Group, Inc.'s best revenue year?

No. Principal Financial Group, Inc.'s highest recorded revenue year was 2025 at $13.8B. In 2023, Principal Financial Group, Inc. reported $12.2B.

What was Principal Financial Group, Inc.'s highest ever annual revenue?

Principal Financial Group, Inc.'s highest ever annual revenue was $13.8B recorded in fiscal year 2025.

Principal Financial Group, Inc.

Life InsuranceFounded 1879

Reviewed by Swet Parvadiya

Last reviewed: June 2026

Explore Principal Financial Group, Inc.

Core profile pages, annual revenue records, and related research hubs for this company.

Principal Financial Group, Inc.

Life InsuranceFounded 1879

Reviewed by Swet Parvadiya

Last reviewed: June 2026

Annual Revenue

Principal Financial Group, Inc. Revenue in 2023

Q: What was Principal Financial Group, Inc.'s revenue in 2023?

Principal Financial Group, Inc. reported $12.2B in revenue for fiscal year 2023. Principal reported $12.2 billion in total revenues for 2023, the baseline year in this series, reflecting its diversified mix of retirement, asset management, and group benefits businesses.

FY2023 Revenue

$12.2B

Source: Annual report / company filing

Principal Financial Group, Inc. reported $12.2B in revenue for fiscal year 2023. In 2024, revenue increased to $13.1B.

Principal reported $12.2 billion in total revenues for 2023, the baseline year in this series, reflecting its diversified mix of retirement, asset management, and group benefits businesses.

Revenue by Year

FY2025 FY2024 FY2023

Principal Financial Group, Inc. Annual Revenue History

Year	Revenue	Net Income	YoY Change
FY2025	$13.8B	—	+5.3%
FY2024	$13.1B	$1.4B	+7.4%
FY2023	$12.2B	—	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

Next year →

FY2024: $13.1B

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