PRINCIPAL FINANCIAL GROUP INC

For the period ended Dec 31, 2025. Filed Feb 18, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 18, 2026

PFG$115.99+0.5%Stored close · as of Nov 10, 2026

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Contents

Item 8. Financial Statements and Supplementary Data

Notes to Consolidated Financial Statements
Report of Independent Registered Public Accounting Firm on Internal Control Over Financial Reporting	76
Report of Independent Registered Public Accounting Firm (PCAOB ID: 42)	77
Audited Consolidated Financial Statements
Consolidated Statements of Financial Position	79
Consolidated Statements of Operations	80
Consolidated Statements of Comprehensive Income	81
Consolidated Statements of Stockholders’ Equity	82
Consolidated Statements of Cash Flows	83
1.Nature of Operations and Significant Accounting Policies	84
2.Goodwill and Other Intangible Assets	98
3.Variable Interest Entities	100
4.Investments	103
5.Derivative Financial Instruments	122
6.Closed Block	134
7.Deferred Acquisition Costs and Other Actuarial Balances	136
8.Separate Account Balances	139
9.Contractholder Funds	143
10.Future Policy Benefits and Claims	148
11.Market Risk Benefits	162
12.Reinsurance	165
13.Debt	168
14.Income Taxes	172
15.Employee and Agent Benefits	178
16.Contingencies, Guarantees, Indemnifications and Leases	189
17.Stockholders’ Equity	193
18.Fair Value Measurements	198
19.Statutory Insurance Financial Information	214
20.Segment Information	215
21.Revenues from Contracts with Customers	225
22.Stock-Based Compensation Plans	230
23.Earnings Per Common Share	234
24.Subsequent Event	234

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.