vs
Side-by-side financial comparison of CrowdStrike (CRWD) and Principal Financial Group (PFG). Click either name above to swap in a different company.
Principal Financial Group is the larger business by last-quarter revenue ($4.6B vs $1.3B, roughly 3.5× CrowdStrike). Principal Financial Group runs the higher net margin — 11.3% vs 3.1%, a 8.2% gap on every dollar of revenue. On growth, CrowdStrike posted the faster year-over-year revenue change (23.3% vs -3.7%). Over the past eight quarters, CrowdStrike's revenue compounded faster (19.0% CAGR vs 6.3%).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
CRWD vs PFG — Head-to-Head
Income Statement — Q1 FY2027 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $4.6B |
| Net Profit | $40.8M | $517.0M |
| Gross Margin | 75.8% | — |
| Operating Margin | 23.7% | — |
| Net Margin | 3.1% | 11.3% |
| Revenue YoY | 23.3% | -3.7% |
| Net Profit YoY | 424.5% | -42.9% |
| EPS (diluted) | $0.15 | $2.30 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.2B | $4.6B | ||
| Q3 25 | $1.2B | $3.7B | ||
| Q2 25 | $1.1B | $3.7B | ||
| Q1 25 | $1.1B | $3.7B | ||
| Q4 24 | $1.0B | $4.8B | ||
| Q3 24 | $963.9M | $3.0B | ||
| Q2 24 | $921.0M | $4.3B |
| Q1 26 | $40.8M | — | ||
| Q4 25 | $-34.0M | $517.0M | ||
| Q3 25 | $-77.7M | $213.8M | ||
| Q2 25 | $-110.2M | $406.2M | ||
| Q1 25 | $-92.3M | $48.1M | ||
| Q4 24 | $-16.8M | $905.4M | ||
| Q3 24 | $47.0M | $-220.0M | ||
| Q2 24 | $42.8M | $353.1M |
| Q1 26 | 75.8% | — | ||
| Q4 25 | 75.1% | — | ||
| Q3 25 | 73.5% | — | ||
| Q2 25 | 73.8% | — | ||
| Q1 25 | 74.1% | — | ||
| Q4 24 | 74.7% | — | ||
| Q3 24 | 75.4% | — | ||
| Q2 24 | 75.6% | — |
| Q1 26 | 23.7% | — | ||
| Q4 25 | -5.6% | — | ||
| Q3 25 | -9.7% | — | ||
| Q2 25 | -11.3% | — | ||
| Q1 25 | -8.1% | — | ||
| Q4 24 | -5.5% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 0.8% | — |
| Q1 26 | 3.1% | — | ||
| Q4 25 | -2.8% | 11.3% | ||
| Q3 25 | -6.6% | 5.8% | ||
| Q2 25 | -10.0% | 11.1% | ||
| Q1 25 | -8.7% | 1.3% | ||
| Q4 24 | -1.7% | 19.1% | ||
| Q3 24 | 4.9% | -7.3% | ||
| Q2 24 | 4.6% | 8.2% |
| Q1 26 | $0.15 | — | ||
| Q4 25 | $-0.14 | $2.30 | ||
| Q3 25 | $-0.31 | $0.95 | ||
| Q2 25 | $-0.44 | $1.79 | ||
| Q1 25 | $-0.37 | $0.21 | ||
| Q4 24 | $-0.07 | $3.92 | ||
| Q3 24 | $0.19 | $-0.95 | ||
| Q2 24 | $0.17 | $1.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.2B | $4.4B |
| Total DebtLower is stronger | $745.5M | $3.9B |
| Stockholders' EquityBook value | $4.5B | $11.9B |
| Total Assets | $11.1B | $341.4B |
| Debt / EquityLower = less leverage | 0.17× | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $5.2B | — | ||
| Q4 25 | $4.8B | $4.4B | ||
| Q3 25 | $5.0B | $5.1B | ||
| Q2 25 | $4.6B | $3.7B | ||
| Q1 25 | $4.3B | $3.9B | ||
| Q4 24 | $4.3B | $4.2B | ||
| Q3 24 | $4.0B | $6.2B | ||
| Q2 24 | $3.7B | $4.8B |
| Q1 26 | $745.5M | — | ||
| Q4 25 | — | $3.9B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B |
| Q1 26 | $4.5B | — | ||
| Q4 25 | $4.0B | $11.9B | ||
| Q3 25 | $3.8B | $11.7B | ||
| Q2 25 | $3.5B | $11.4B | ||
| Q1 25 | $3.3B | $11.2B | ||
| Q4 24 | $3.1B | $11.1B | ||
| Q3 24 | $2.9B | $11.2B | ||
| Q2 24 | $2.5B | $11.0B |
| Q1 26 | $11.1B | — | ||
| Q4 25 | $10.0B | $341.4B | ||
| Q3 25 | $9.3B | $334.5B | ||
| Q2 25 | $8.7B | $323.1B | ||
| Q1 25 | $8.7B | $313.0B | ||
| Q4 24 | $7.8B | $313.7B | ||
| Q3 24 | $7.2B | $322.9B | ||
| Q2 24 | $6.8B | $308.8B |
| Q1 26 | 0.17× | — | ||
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.36× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.6B | $1.7B |
| Free Cash FlowOCF − Capex | $376.4M | — |
| FCF MarginFCF / Revenue | 28.8% | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 39.54× | 3.37× |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.6B | — | ||
| Q4 25 | $397.5M | $1.7B | ||
| Q3 25 | $332.8M | $1.0B | ||
| Q2 25 | $384.1M | $811.9M | ||
| Q1 25 | $345.7M | $977.3M | ||
| Q4 24 | $326.1M | $1.5B | ||
| Q3 24 | $326.6M | $1.1B | ||
| Q2 24 | $383.2M | $1.4B |
| Q1 26 | $376.4M | — | ||
| Q4 25 | $314.1M | — | ||
| Q3 25 | $302.3M | — | ||
| Q2 25 | $298.4M | — | ||
| Q1 25 | $258.5M | — | ||
| Q4 24 | $247.4M | — | ||
| Q3 24 | $287.4M | — | ||
| Q2 24 | $333.5M | — |
| Q1 26 | 28.8% | — | ||
| Q4 25 | 25.5% | — | ||
| Q3 25 | 25.9% | — | ||
| Q2 25 | 27.0% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 24.5% | — | ||
| Q3 24 | 29.8% | — | ||
| Q2 24 | 36.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | 5.4% | — |
| Q1 26 | 39.54× | — | ||
| Q4 25 | — | 3.37× | ||
| Q3 25 | — | 4.70× | ||
| Q2 25 | — | 2.00× | ||
| Q1 25 | — | 20.32× | ||
| Q4 24 | — | 1.61× | ||
| Q3 24 | 6.95× | — | ||
| Q2 24 | 8.95× | 4.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRWD
| Subscription | $1.2B | 95% |
| Other | $63.1M | 5% |
PFG
| Segment Retirement And Income Solutions | $1.6B | 36% |
| Segment Benefits And Protection | $1.1B | 23% |
| Other | $582.8M | 13% |
| Segment Principal Asset Management | $465.6M | 10% |
| Subsegment Investment Management | $449.4M | 10% |
| Administrative Service | $152.2M | 3% |
| Subsegment International Pension | $91.2M | 2% |
| Segment Corporate | $73.0M | 2% |
| Subsegment Life Insurance | $26.1M | 1% |
| Financial Service Other | $25.1M | 1% |
| Residential Mortgage | $7.4M | 0% |
| Subsegment Specialty Benefits | $3.7M | 0% |
| Deposit Account | $3.4M | 0% |
| Commission Income | $1.8M | 0% |
