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Side-by-side financial comparison of Principal Financial Group (PFG) and Rackspace Technology, Inc. (RXT). Click either name above to swap in a different company.

Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $682.8M, roughly 1.1× Rackspace Technology, Inc.). Principal Financial Group runs the higher net margin — 0.3% vs -4.8%, a 5.0% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs -0.4%). Over the past eight quarters, Rackspace Technology, Inc.'s revenue compounded faster (-0.6% CAGR vs -58.3%).

Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.

Rackspace Technology, Inc. is an American cloud computing company based in San Antonio, Texas. It also has offices in Reston, Virginia, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico, Toronto and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), Frankfurt (Germany), Hong Kong (China), Kansas City (USA), New York City (USA), San Jose (USA), Shangh...

PFG vs RXT — Head-to-Head

Bigger by revenue
PFG
PFG
1.1× larger
PFG
$750.8M
$682.8M
RXT
Growing faster (revenue YoY)
PFG
PFG
+4.4% gap
PFG
4.0%
-0.4%
RXT
Higher net margin
PFG
PFG
5.0% more per $
PFG
0.3%
-4.8%
RXT
Faster 2-yr revenue CAGR
RXT
RXT
Annualised
RXT
-0.6%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PFG
PFG
RXT
RXT
Revenue
$750.8M
$682.8M
Net Profit
$1.9M
$-32.7M
Gross Margin
17.6%
Operating Margin
-0.5%
Net Margin
0.3%
-4.8%
Revenue YoY
4.0%
-0.4%
Net Profit YoY
783.0%
41.6%
EPS (diluted)
$-0.13

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.

Revenue
PFG
PFG
RXT
RXT
Q1 26
$750.8M
Q4 25
$4.6B
$682.8M
Q3 25
$3.7B
$671.2M
Q2 25
$3.7B
$666.3M
Q1 25
$3.7B
$665.4M
Q4 24
$4.8B
$685.6M
Q3 24
$3.0B
$675.8M
Q2 24
$4.3B
$684.9M
Net Profit
PFG
PFG
RXT
RXT
Q1 26
$1.9M
Q4 25
$517.0M
$-32.7M
Q3 25
$213.8M
$-67.1M
Q2 25
$406.2M
$-54.5M
Q1 25
$48.1M
$-71.5M
Q4 24
$905.4M
$-56.0M
Q3 24
$-220.0M
$-186.6M
Q2 24
$353.1M
$25.0M
Gross Margin
PFG
PFG
RXT
RXT
Q1 26
Q4 25
17.6%
Q3 25
19.4%
Q2 25
19.4%
Q1 25
19.1%
Q4 24
19.2%
Q3 24
20.3%
Q2 24
19.2%
Operating Margin
PFG
PFG
RXT
RXT
Q1 26
Q4 25
-0.5%
Q3 25
-5.1%
Q2 25
-3.8%
Q1 25
-5.8%
Q4 24
-4.2%
Q3 24
-25.7%
Q2 24
-7.9%
Net Margin
PFG
PFG
RXT
RXT
Q1 26
0.3%
Q4 25
11.3%
-4.8%
Q3 25
5.8%
-10.0%
Q2 25
11.1%
-8.2%
Q1 25
1.3%
-10.7%
Q4 24
19.1%
-8.2%
Q3 24
-7.3%
-27.6%
Q2 24
8.2%
3.7%
EPS (diluted)
PFG
PFG
RXT
RXT
Q1 26
Q4 25
$2.30
$-0.13
Q3 25
$0.95
$-0.28
Q2 25
$1.79
$-0.23
Q1 25
$0.21
$-0.31
Q4 24
$3.92
$-0.20
Q3 24
$-0.95
$-0.82
Q2 24
$1.49
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PFG
PFG
RXT
RXT
Cash + ST InvestmentsLiquidity on hand
$105.8M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$-1.2B
Total Assets
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
RXT
RXT
Q1 26
Q4 25
$4.4B
$105.8M
Q3 25
$5.1B
$99.5M
Q2 25
$3.7B
$103.9M
Q1 25
$3.9B
$128.0M
Q4 24
$4.2B
$144.0M
Q3 24
$6.2B
$157.1M
Q2 24
$4.8B
$190.2M
Total Debt
PFG
PFG
RXT
RXT
Q1 26
Q4 25
$3.9B
$2.7B
Q3 25
$3.9B
$2.8B
Q2 25
$3.9B
$2.8B
Q1 25
$4.3B
$2.8B
Q4 24
$4.0B
$2.8B
Q3 24
$3.9B
$2.8B
Q2 24
$3.9B
$2.9B
Stockholders' Equity
PFG
PFG
RXT
RXT
Q1 26
Q4 25
$11.9B
$-1.2B
Q3 25
$11.7B
$-1.2B
Q2 25
$11.4B
$-1.1B
Q1 25
$11.2B
$-1.1B
Q4 24
$11.1B
$-1.0B
Q3 24
$11.2B
$-949.7M
Q2 24
$11.0B
$-756.2M
Total Assets
PFG
PFG
RXT
RXT
Q1 26
Q4 25
$341.4B
$2.8B
Q3 25
$334.5B
$2.8B
Q2 25
$323.1B
$2.9B
Q1 25
$313.0B
$3.0B
Q4 24
$313.7B
$3.1B
Q3 24
$322.9B
$3.1B
Q2 24
$308.8B
$3.4B
Debt / Equity
PFG
PFG
RXT
RXT
Q1 26
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
PFG
PFG
RXT
RXT
Operating Cash FlowLast quarter
$59.7M
Free Cash FlowOCF − Capex
$56.0M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
RXT
RXT
Q1 26
Q4 25
$1.7B
$59.7M
Q3 25
$1.0B
$70.7M
Q2 25
$811.9M
$8.4M
Q1 25
$977.3M
$12.6M
Q4 24
$1.5B
$54.3M
Q3 24
$1.1B
$51.8M
Q2 24
$1.4B
$24.1M
Free Cash Flow
PFG
PFG
RXT
RXT
Q1 26
Q4 25
$56.0M
Q3 25
$42.7M
Q2 25
$-12.4M
Q1 25
$4.3M
Q4 24
$34.4M
Q3 24
$27.3M
Q2 24
$-14.5M
FCF Margin
PFG
PFG
RXT
RXT
Q1 26
Q4 25
8.2%
Q3 25
6.4%
Q2 25
-1.9%
Q1 25
0.6%
Q4 24
5.0%
Q3 24
4.0%
Q2 24
-2.1%
Capex Intensity
PFG
PFG
RXT
RXT
Q1 26
Q4 25
0.5%
Q3 25
4.2%
Q2 25
3.1%
Q1 25
1.2%
Q4 24
2.9%
Q3 24
3.6%
Q2 24
5.6%
Cash Conversion
PFG
PFG
RXT
RXT
Q1 26
Q4 25
3.37×
Q3 25
4.70×
Q2 25
2.00×
Q1 25
20.32×
Q4 24
1.61×
Q3 24
Q2 24
4.05×
0.96×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PFG
PFG

Segment breakdown not available.

RXT
RXT

Public Cloud Services Segment$442.2M65%
Private Cloud Service Segment$240.6M35%

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