Principal Financial Group (PFG) Revenue — Quarter Ended Jun 30, 2024
Revenue advanced in the second quarter of fiscal 2024, surpassing the level from the same period one year earlier. The sequential increase also indicates a pickup from the immediately preceding quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue advanced in the second quarter of fiscal 2024, surpassing the level from the same period one year earlier. The sequential increase also indicates a pickup from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.3B
Revenue reported for this quarter.
Quarter-over-quarter
+6.4%
Change from the immediately preceding quarter.
Year-over-year
+21.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $4.6B | -0.6% |
| Dec 31, 2023 | $2.7B | -14.6% |
| Mar 31, 2024 | $4.1B | +43.8% |
| Jun 30, 2024 | $4.3B | +21.2% |
Revenue performance
The reported revenue rose compared to both the prior quarter and the same quarter a year ago, reflecting a continued upward trajectory.
Quarterly comparison
When measured against the immediately preceding quarter, revenue showed a solid increase, and the year-over-year comparison also reveals substantial growth.
What to watch
Monitor whether the revenue growth rate can be sustained in upcoming quarters given the fluctuations seen in the trailing twelve months.