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Side-by-side financial comparison of Principal Financial Group (PFG) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
Snowflake Inc. is the larger business by last-quarter revenue ($1.2B vs $750.8M, roughly 1.6× Principal Financial Group). Principal Financial Group runs the higher net margin — 0.3% vs -24.2%, a 24.5% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 4.0%). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs -58.3%).
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.
Snowflake Inc. is an American cloud-based data platform company founded in San Mateo, California, and headquartered in Bozeman, Montana. It operates a platform that supports data analysis and simultaneous access to data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
PFG vs SNOW — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $750.8M | $1.2B |
| Net Profit | $1.9M | $-294.0M |
| Gross Margin | — | 67.8% |
| Operating Margin | — | -27.2% |
| Net Margin | 0.3% | -24.2% |
| Revenue YoY | 4.0% | 28.7% |
| Net Profit YoY | 783.0% | 9.4% |
| EPS (diluted) | — | $-0.87 |
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 | $750.8M | — | ||
| Q4 25 | $4.6B | $1.2B | ||
| Q3 25 | $3.7B | $1.1B | ||
| Q2 25 | $3.7B | $1.0B | ||
| Q1 25 | $3.7B | $986.8M | ||
| Q4 24 | $4.8B | $942.1M | ||
| Q3 24 | $3.0B | $868.8M | ||
| Q2 24 | $4.3B | $828.7M |
| Q1 26 | $1.9M | — | ||
| Q4 25 | $517.0M | $-294.0M | ||
| Q3 25 | $213.8M | $-298.0M | ||
| Q2 25 | $406.2M | $-430.1M | ||
| Q1 25 | $48.1M | $-327.5M | ||
| Q4 24 | $905.4M | $-324.3M | ||
| Q3 24 | $-220.0M | $-316.9M | ||
| Q2 24 | $353.1M | $-317.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 67.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | — | 66.5% | ||
| Q1 25 | — | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 66.8% | ||
| Q2 24 | — | 67.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | -27.2% | ||
| Q3 25 | — | -29.7% | ||
| Q2 25 | — | -42.9% | ||
| Q1 25 | — | -39.2% | ||
| Q4 24 | — | -38.8% | ||
| Q3 24 | — | -40.9% | ||
| Q2 24 | — | -42.1% |
| Q1 26 | 0.3% | — | ||
| Q4 25 | 11.3% | -24.2% | ||
| Q3 25 | 5.8% | -26.0% | ||
| Q2 25 | 11.1% | -41.3% | ||
| Q1 25 | 1.3% | -33.2% | ||
| Q4 24 | 19.1% | -34.4% | ||
| Q3 24 | -7.3% | -36.5% | ||
| Q2 24 | 8.2% | -38.3% |
| Q1 26 | — | — | ||
| Q4 25 | $2.30 | $-0.87 | ||
| Q3 25 | $0.95 | $-0.89 | ||
| Q2 25 | $1.79 | $-1.29 | ||
| Q1 25 | $0.21 | $-0.98 | ||
| Q4 24 | $3.92 | $-0.98 | ||
| Q3 24 | $-0.95 | $-0.95 | ||
| Q2 24 | $1.49 | $-0.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $2.1B |
| Total Assets | — | $8.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $1.9B | ||
| Q3 25 | $5.1B | $1.9B | ||
| Q2 25 | $3.7B | $2.2B | ||
| Q1 25 | $3.9B | $2.6B | ||
| Q4 24 | $4.2B | $2.1B | ||
| Q3 24 | $6.2B | $1.3B | ||
| Q2 24 | $4.8B | $1.3B |
| Q1 26 | — | — | ||
| 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 | — | — | ||
| Q4 25 | $11.9B | $2.1B | ||
| Q3 25 | $11.7B | $2.4B | ||
| Q2 25 | $11.4B | $2.4B | ||
| Q1 25 | $11.2B | $3.0B | ||
| Q4 24 | $11.1B | $2.9B | ||
| Q3 24 | $11.2B | $4.1B | ||
| Q2 24 | $11.0B | $4.6B |
| Q1 26 | — | — | ||
| Q4 25 | $341.4B | $8.2B | ||
| Q3 25 | $334.5B | $8.2B | ||
| Q2 25 | $323.1B | $8.2B | ||
| Q1 25 | $313.0B | $9.0B | ||
| Q4 24 | $313.7B | $8.2B | ||
| Q3 24 | $322.9B | $6.9B | ||
| Q2 24 | $308.8B | $7.3B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $137.5M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $137.5M | ||
| Q3 25 | $1.0B | $74.9M | ||
| Q2 25 | $811.9M | $228.4M | ||
| Q1 25 | $977.3M | $432.7M | ||
| Q4 24 | $1.5B | $101.7M | ||
| Q3 24 | $1.1B | $69.9M | ||
| Q2 24 | $1.4B | $355.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $113.6M | ||
| Q3 25 | — | $58.2M | ||
| Q2 25 | — | $183.4M | ||
| Q1 25 | — | $421.4M | ||
| Q4 24 | — | $88.3M | ||
| Q3 24 | — | $64.8M | ||
| Q2 24 | — | $338.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 42.7% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 40.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 2.0% |
| 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× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PFG
Segment breakdown not available.
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
