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Side-by-side financial comparison of Principal Financial Group (PFG) and ZIFF DAVIS, INC. (ZD). Click either name above to swap in a different company.

Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $406.7M, roughly 1.8× ZIFF DAVIS, INC.). Principal Financial Group runs the higher net margin — 0.3% vs 0.1%, a 0.2% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs -1.5%). Over the past eight quarters, ZIFF DAVIS, INC.'s revenue compounded faster (13.7% 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.

Ziff Davis, Inc. is an American digital media and Internet company. Founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology- and health-oriented media websites, online shopping-related services, Internet connectivity services, gaming and entertainment brands, and cybersecurity and martech tools. Previously, the company was predominantly a publisher of hobbyist magazines.

PFG vs ZD — Head-to-Head

Bigger by revenue
PFG
PFG
1.8× larger
PFG
$750.8M
$406.7M
ZD
Growing faster (revenue YoY)
PFG
PFG
+5.5% gap
PFG
4.0%
-1.5%
ZD
Higher net margin
PFG
PFG
0.2% more per $
PFG
0.3%
0.1%
ZD
Faster 2-yr revenue CAGR
ZD
ZD
Annualised
ZD
13.7%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PFG
PFG
ZD
ZD
Revenue
$750.8M
$406.7M
Net Profit
$1.9M
$370.0K
Gross Margin
85.9%
Operating Margin
21.2%
Net Margin
0.3%
0.1%
Revenue YoY
4.0%
-1.5%
Net Profit YoY
783.0%
-99.4%
EPS (diluted)
$0.06

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
ZD
ZD
Q1 26
$750.8M
Q4 25
$4.6B
$406.7M
Q3 25
$3.7B
$363.7M
Q2 25
$3.7B
$352.2M
Q1 25
$3.7B
$328.6M
Q4 24
$4.8B
$412.8M
Q3 24
$3.0B
$353.6M
Q2 24
$4.3B
$320.8M
Net Profit
PFG
PFG
ZD
ZD
Q1 26
$1.9M
Q4 25
$517.0M
$370.0K
Q3 25
$213.8M
$-3.6M
Q2 25
$406.2M
$26.3M
Q1 25
$48.1M
$24.2M
Q4 24
$905.4M
$64.1M
Q3 24
$-220.0M
$-48.6M
Q2 24
$353.1M
$36.9M
Gross Margin
PFG
PFG
ZD
ZD
Q1 26
Q4 25
85.9%
Q3 25
85.4%
Q2 25
86.1%
Q1 25
85.6%
Q4 24
87.1%
Q3 24
85.5%
Q2 24
84.4%
Operating Margin
PFG
PFG
ZD
ZD
Q1 26
Q4 25
21.2%
Q3 25
7.8%
Q2 25
9.5%
Q1 25
10.7%
Q4 24
19.0%
Q3 24
-8.3%
Q2 24
8.9%
Net Margin
PFG
PFG
ZD
ZD
Q1 26
0.3%
Q4 25
11.3%
0.1%
Q3 25
5.8%
-1.0%
Q2 25
11.1%
7.5%
Q1 25
1.3%
7.4%
Q4 24
19.1%
15.5%
Q3 24
-7.3%
-13.7%
Q2 24
8.2%
11.5%
EPS (diluted)
PFG
PFG
ZD
ZD
Q1 26
Q4 25
$2.30
$0.06
Q3 25
$0.95
$-0.09
Q2 25
$1.79
$0.62
Q1 25
$0.21
$0.56
Q4 24
$3.92
$1.53
Q3 24
$-0.95
$-1.11
Q2 24
$1.49
$0.77

Balance Sheet & Financial Strength

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

Metric
PFG
PFG
ZD
ZD
Cash + ST InvestmentsLiquidity on hand
$607.0M
Total DebtLower is stronger
$866.5M
Stockholders' EquityBook value
$1.8B
Total Assets
$3.7B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
ZD
ZD
Q1 26
Q4 25
$4.4B
$607.0M
Q3 25
$5.1B
$503.4M
Q2 25
$3.7B
$457.3M
Q1 25
$3.9B
$431.0M
Q4 24
$4.2B
$505.9M
Q3 24
$6.2B
$386.1M
Q2 24
$4.8B
$687.2M
Total Debt
PFG
PFG
ZD
ZD
Q1 26
Q4 25
$3.9B
$866.5M
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$4.0B
$864.3M
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
PFG
PFG
ZD
ZD
Q1 26
Q4 25
$11.9B
$1.8B
Q3 25
$11.7B
$1.8B
Q2 25
$11.4B
$1.8B
Q1 25
$11.2B
$1.8B
Q4 24
$11.1B
$1.8B
Q3 24
$11.2B
$1.8B
Q2 24
$11.0B
$1.9B
Total Assets
PFG
PFG
ZD
ZD
Q1 26
Q4 25
$341.4B
$3.7B
Q3 25
$334.5B
$3.5B
Q2 25
$323.1B
$3.5B
Q1 25
$313.0B
$3.5B
Q4 24
$313.7B
$3.7B
Q3 24
$322.9B
$3.4B
Q2 24
$308.8B
$3.7B
Debt / Equity
PFG
PFG
ZD
ZD
Q1 26
Q4 25
0.33×
0.49×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.36×
0.48×
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
ZD
ZD
Operating Cash FlowLast quarter
$191.1M
Free Cash FlowOCF − Capex
$157.8M
FCF MarginFCF / Revenue
38.8%
Capex IntensityCapex / Revenue
8.2%
Cash ConversionOCF / Net Profit
516.44×
TTM Free Cash FlowTrailing 4 quarters
$287.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PFG
PFG
ZD
ZD
Q1 26
Q4 25
$1.7B
$191.1M
Q3 25
$1.0B
$138.3M
Q2 25
$811.9M
$57.1M
Q1 25
$977.3M
$20.6M
Q4 24
$1.5B
$158.2M
Q3 24
$1.1B
$106.0M
Q2 24
$1.4B
$50.6M
Free Cash Flow
PFG
PFG
ZD
ZD
Q1 26
Q4 25
$157.8M
Q3 25
$108.2M
Q2 25
$26.9M
Q1 25
$-5.0M
Q4 24
$131.1M
Q3 24
$80.1M
Q2 24
$25.1M
FCF Margin
PFG
PFG
ZD
ZD
Q1 26
Q4 25
38.8%
Q3 25
29.7%
Q2 25
7.6%
Q1 25
-1.5%
Q4 24
31.8%
Q3 24
22.7%
Q2 24
7.8%
Capex Intensity
PFG
PFG
ZD
ZD
Q1 26
Q4 25
8.2%
Q3 25
8.3%
Q2 25
8.6%
Q1 25
7.8%
Q4 24
6.6%
Q3 24
7.3%
Q2 24
8.0%
Cash Conversion
PFG
PFG
ZD
ZD
Q1 26
Q4 25
3.37×
516.44×
Q3 25
4.70×
Q2 25
2.00×
2.17×
Q1 25
20.32×
0.85×
Q4 24
1.61×
2.47×
Q3 24
Q2 24
4.05×
1.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PFG
PFG

Segment breakdown not available.

ZD
ZD

Health And Wellness$114.8M28%
Technology And Shopping$108.9M27%
Cybersecurity And Martech Segment$70.9M17%
Connectivity$60.3M15%
Gaming And Entertainment$51.7M13%
Subscription And Licensing$2.9M1%

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