Principal Financial FY26 Q2 non-GAAP net income excluding exited business rises 24% to $535 million

PFG•2026-07-27

Quarterly earnings and EPS

Principal Financial posted 2Q26 net income attributable to shareholders of $403 million, down 1% year over year; diluted EPS rose 3% to $1.84.

Non-GAAP operating earnings climbed 12% to $547 million, lifting non-GAAP operating EPS 16% to $2.50.

Capital returned and dividend increase

Capital returned to shareholders totaled $427 million, including $250 million of buybacks and $177 million of dividends.

The company raised the third-quarter dividend by $0.02 to $0.84 a share, payable Sept. 25 to holders of record Sept. 3.

Assets under management and administration

Assets under management increased 7% to $808 billion, within assets under administration of $1.9 trillion, up 9%.

Sources

Principal Financial FY26 Q2 non-GAAP net income excluding exited business rises 24% to $535 million

Sec

Principal Financial FY26 Q2 non-GAAP net income excluding exited business rises 24% to $535 million

Quarterly earnings and EPS

Capital returned and dividend increase

Assets under management and administration

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Sources

Principal Financial FY26 Q2 non-GAAP net income excluding exited business rises 24% to $535 million

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