Generally, it is thought that Robert Pippin locates Hegel in the tradition of transcendental philosophy and conceives his philosophy as a kind of extended transcendental philosophy. However, this seems not to be the only way in which Pippin interprets Hegel. According to his another reading, Hegel’s philosophy does not consist of a series of transcendental arguments, but a series of narrative accounts. In this paper, I will at first explain Pippin’s transcendental reading of Hegel and, in the second step, demonstrate that Pippin indeed proposes another interpretation of Hegel. I will then explore the theoretical reasons that drive Pippin from his transcendental reading of Hegel to the latter, narrative account reading. I will also discuss questions remaining to be answered for the narrative account interpretation.