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

Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $468.1M, roughly 1.6× StubHub Holdings, Inc.). Principal Financial Group runs the higher net margin — 0.3% vs -276.6%, a 276.8% gap on every dollar of revenue. On growth, StubHub Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 4.0%).

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

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

PFG vs STUB — Head-to-Head

Bigger by revenue
PFG
PFG
1.6× larger
PFG
$750.8M
$468.1M
STUB
Growing faster (revenue YoY)
STUB
STUB
+3.9% gap
STUB
7.9%
4.0%
PFG
Higher net margin
PFG
PFG
276.8% more per $
PFG
0.3%
-276.6%
STUB

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
PFG
PFG
STUB
STUB
Revenue
$750.8M
$468.1M
Net Profit
$1.9M
$-1.3B
Gross Margin
Operating Margin
-292.3%
Net Margin
0.3%
-276.6%
Revenue YoY
4.0%
7.9%
Net Profit YoY
783.0%
-3821.6%
EPS (diluted)
$-4.27

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
STUB
STUB
Q1 26
$750.8M
Q4 25
$4.6B
Q3 25
$3.7B
$468.1M
Q2 25
$3.7B
Q1 25
$3.7B
Q4 24
$4.8B
Q3 24
$3.0B
$433.8M
Q2 24
$4.3B
Net Profit
PFG
PFG
STUB
STUB
Q1 26
$1.9M
Q4 25
$517.0M
Q3 25
$213.8M
$-1.3B
Q2 25
$406.2M
Q1 25
$48.1M
Q4 24
$905.4M
Q3 24
$-220.0M
$-33.0M
Q2 24
$353.1M
Operating Margin
PFG
PFG
STUB
STUB
Q1 26
Q4 25
Q3 25
-292.3%
Q2 25
Q1 25
Q4 24
Q3 24
2.8%
Q2 24
Net Margin
PFG
PFG
STUB
STUB
Q1 26
0.3%
Q4 25
11.3%
Q3 25
5.8%
-276.6%
Q2 25
11.1%
Q1 25
1.3%
Q4 24
19.1%
Q3 24
-7.3%
-7.6%
Q2 24
8.2%
EPS (diluted)
PFG
PFG
STUB
STUB
Q1 26
Q4 25
$2.30
Q3 25
$0.95
$-4.27
Q2 25
$1.79
Q1 25
$0.21
Q4 24
$3.92
Q3 24
$-0.95
$-0.15
Q2 24
$1.49

Balance Sheet & Financial Strength

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

Metric
PFG
PFG
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$1.7B
Total Assets
$5.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
STUB
STUB
Q1 26
Q4 25
$4.4B
Q3 25
$5.1B
$1.4B
Q2 25
$3.7B
Q1 25
$3.9B
Q4 24
$4.2B
Q3 24
$6.2B
$1.1B
Q2 24
$4.8B
Total Debt
PFG
PFG
STUB
STUB
Q1 26
Q4 25
$3.9B
Q3 25
$3.9B
$1.7B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$4.0B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
PFG
PFG
STUB
STUB
Q1 26
Q4 25
$11.9B
Q3 25
$11.7B
$1.7B
Q2 25
$11.4B
Q1 25
$11.2B
Q4 24
$11.1B
Q3 24
$11.2B
$815.9M
Q2 24
$11.0B
Total Assets
PFG
PFG
STUB
STUB
Q1 26
Q4 25
$341.4B
Q3 25
$334.5B
$5.6B
Q2 25
$323.1B
Q1 25
$313.0B
Q4 24
$313.7B
Q3 24
$322.9B
Q2 24
$308.8B
Debt / Equity
PFG
PFG
STUB
STUB
Q1 26
Q4 25
0.33×
Q3 25
0.34×
0.98×
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
STUB
STUB
Operating Cash FlowLast quarter
$181.4M
Free Cash FlowOCF − Capex
$180.3M
FCF MarginFCF / Revenue
38.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
STUB
STUB
Q1 26
Q4 25
$1.7B
Q3 25
$1.0B
$181.4M
Q2 25
$811.9M
Q1 25
$977.3M
Q4 24
$1.5B
Q3 24
$1.1B
Q2 24
$1.4B
Free Cash Flow
PFG
PFG
STUB
STUB
Q1 26
Q4 25
Q3 25
$180.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
PFG
PFG
STUB
STUB
Q1 26
Q4 25
Q3 25
38.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
PFG
PFG
STUB
STUB
Q1 26
Q4 25
Q3 25
0.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
PFG
PFG
STUB
STUB
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
PFG

Segment breakdown not available.

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

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