diff --git a/docs/generated/changelog.html b/docs/generated/changelog.html
index 513e8f18e..a3f80c7e8 100644
--- a/docs/generated/changelog.html
+++ b/docs/generated/changelog.html
@@ -12,6 +12,7 @@ <h1>Agent-JS Changelog</h1>
     <section>
       <h2>Version x.x.x</h2>
       <ul>
+        <li>fix: Principal JSON is compatible with @dfinity/utils jsonReviver helper</li>
         <li>chore: npm audit</li>
         <li>feat: Principal class serializes to JSON</li>
         <li>
diff --git a/package-lock.json b/package-lock.json
index 7f05ce978..9d092c595 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -771,6 +771,17 @@
       "resolved": "packages/principal",
       "link": true
     },
+    "node_modules/@dfinity/utils": {
+      "version": "0.0.22",
+      "resolved": "https://registry.npmjs.org/@dfinity/utils/-/utils-0.0.22.tgz",
+      "integrity": "sha512-NmMyNik0Lz5QFil+9BSfKOsCaUIWqwMsjxkyknfBOh12dAltDxc9xvyZmYh7Ug/0Bpw6qQEZMcCjnXce61MARQ==",
+      "dev": true,
+      "peerDependencies": {
+        "@dfinity/agent": "^0.19.2",
+        "@dfinity/candid": "^0.19.2",
+        "@dfinity/principal": "^0.19.2"
+      }
+    },
     "node_modules/@discoveryjs/json-ext": {
       "version": "0.5.7",
       "dev": true,
@@ -17736,6 +17747,7 @@
         "simple-cbor": "^0.4.1"
       },
       "devDependencies": {
+        "@dfinity/utils": "^0.0.22",
         "@peculiar/webcrypto": "^1.4.3",
         "@trust/webcrypto": "^0.9.2",
         "@types/jest": "^28.1.4",
diff --git a/packages/agent/package.json b/packages/agent/package.json
index 11ac5346d..4d47b48a5 100644
--- a/packages/agent/package.json
+++ b/packages/agent/package.json
@@ -60,6 +60,7 @@
     "simple-cbor": "^0.4.1"
   },
   "devDependencies": {
+    "@dfinity/utils": "^0.0.22",
     "@peculiar/webcrypto": "^1.4.3",
     "@trust/webcrypto": "^0.9.2",
     "@types/jest": "^28.1.4",
diff --git a/packages/agent/src/canisterStatus/__snapshots__/index.test.ts.snap b/packages/agent/src/canisterStatus/__snapshots__/index.test.ts.snap
index d502985f8..c91341cce 100644
--- a/packages/agent/src/canisterStatus/__snapshots__/index.test.ts.snap
+++ b/packages/agent/src/canisterStatus/__snapshots__/index.test.ts.snap
@@ -2,7 +2,9 @@
 
 exports[`Canister Status utility should query canister controllers 1`] = `
 Array [
-  "rwlgt-iiaaa-aaaaa-aaaaa-cai",
+  Object {
+    "__principal__": "rwlgt-iiaaa-aaaaa-aaaaa-cai",
+  },
 ]
 `;
 
@@ -22,7 +24,9 @@ exports[`Canister Status utility should support multiple requests 1`] = `2022-05
 
 exports[`Canister Status utility should support multiple requests 2`] = `
 Array [
-  "rwlgt-iiaaa-aaaaa-aaaaa-cai",
+  Object {
+    "__principal__": "rwlgt-iiaaa-aaaaa-aaaaa-cai",
+  },
 ]
 `;
 
diff --git a/packages/principal/src/index.test.ts b/packages/principal/src/index.test.ts
index 92a9d510d..18b230ef1 100644
--- a/packages/principal/src/index.test.ts
+++ b/packages/principal/src/index.test.ts
@@ -1,4 +1,5 @@
 import { Principal } from '.';
+import { jsonReviver } from '@dfinity/utils';
 
 describe('Principal', () => {
   it('encodes properly', () => {
@@ -50,6 +51,20 @@ describe('Principal', () => {
 
   it('serializes to JSON', () => {
     const principal = Principal.fromText('ryjl3-tyaaa-aaaaa-aaaba-cai');
-    expect(JSON.stringify(principal)).toBe('"ryjl3-tyaaa-aaaaa-aaaba-cai"');
+
+    const json = principal.toJSON();
+    expect(json).toEqual({ __principal__: 'ryjl3-tyaaa-aaaaa-aaaba-cai' });
+
+    const stringified = JSON.stringify(principal);
+    expect(stringified).toEqual('{"__principal__":"ryjl3-tyaaa-aaaaa-aaaba-cai"}');
+
+    expect(JSON.parse(stringified, jsonReviver)).toEqual(principal);
+  });
+
+  it('serializes from JSON string', () => {
+    const principal = Principal.fromText('ryjl3-tyaaa-aaaaa-aaaba-cai');
+    const json = JSON.stringify(principal);
+    json;
+    expect(Principal.from(json)).toEqual(principal);
   });
 });
diff --git a/packages/principal/src/index.ts b/packages/principal/src/index.ts
index 92c19045f..fab88354e 100644
--- a/packages/principal/src/index.ts
+++ b/packages/principal/src/index.ts
@@ -2,6 +2,7 @@ import { decode, encode } from './utils/base32';
 import { getCrc32 } from './utils/getCrc';
 import { sha224 } from './utils/sha224';
 
+export const JSON_KEY_PRINCIPAL = '__principal__';
 const SELF_AUTHENTICATING_SUFFIX = 2;
 const ANONYMOUS_SUFFIX = 4;
 
@@ -13,6 +14,10 @@ const fromHexString = (hexString: string) =>
 const toHexString = (bytes: Uint8Array) =>
   bytes.reduce((str, byte) => str + byte.toString(16).padStart(2, '0'), '');
 
+export type JsonnablePrincipal = {
+  [JSON_KEY_PRINCIPAL]: string;
+};
+
 export class Principal {
   public static anonymous(): Principal {
     return new this(new Uint8Array([ANONYMOUS_SUFFIX]));
@@ -50,15 +55,24 @@ export class Principal {
   }
 
   public static fromText(text: string): Principal {
-    const canisterIdNoDash = text.toLowerCase().replace(/-/g, '');
+    let maybePrincipal = text;
+    // If formatted as JSON string, parse it first
+    if (text.includes(JSON_KEY_PRINCIPAL)) {
+      const obj = JSON.parse(text);
+      if (JSON_KEY_PRINCIPAL in obj) {
+        maybePrincipal = obj[JSON_KEY_PRINCIPAL];
+      }
+    }
+
+    const canisterIdNoDash = maybePrincipal.toLowerCase().replace(/-/g, '');
 
     let arr = decode(canisterIdNoDash);
     arr = arr.slice(4, arr.length);
 
     const principal = new this(arr);
-    if (principal.toText() !== text) {
+    if (principal.toText() !== maybePrincipal) {
       throw new Error(
-        `Principal "${principal.toText()}" does not have a valid checksum (original value "${text}" may not be a valid Principal ID).`,
+        `Principal "${principal.toText()}" does not have a valid checksum (original value "${maybePrincipal}" may not be a valid Principal ID).`,
       );
     }
 
@@ -109,10 +123,10 @@ export class Principal {
 
   /**
    * Serializes to JSON
-   * @returns {string} string
+   * @returns {JsonnablePrincipal} a JSON object with a single key, {@link JSON_KEY_PRINCIPAL}, whose value is the principal as a string
    */
-  public toJSON(): string {
-    return this.toText();
+  public toJSON(): JsonnablePrincipal {
+    return { [JSON_KEY_PRINCIPAL]: this.toText() };
   }
 
   /**