Prudential Financial, Inc. (PRU) Financial Statements

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Prudential Financial financial statements at a glance

Prudential Financial reported revenue of $56.48 billion for fiscal year 2025 (ended December 31, 2025), down 14.8% from fiscal year 2024. Net income was $3.58 billion, a net margin of 6.3%.

At the end of fiscal year 2025 it had total assets of $773.74 billion, total liabilities of $741.30 billion and shareholders' equity of $32.44 billion, with total debt of $22.96 billion.

Its operations brought in $6.27 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Prudential Financial, Inc.

PRUUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Revenue
56.48B
Prev Year: 66.31B
YoY: -14.8%
Total Revenue
-
Losses, Benefits, and Adjustments, Total
40.40B
Prev Year: 51.66B
YoY: -21.8%
Total Expenses
-
SG&A Expenses
14.09B
Prev Year: 14.04B
YoY: +0.3%
Pre-tax Income
-
Other Operating Expenses, Total
-4.02B
Prev Year: -4.09B
YoY: +1.7%
Operating Expenses
52.10B
Prev Year: 63.11B
YoY: -17.4%
Net Income Common Stockholders
-
Operating Income
4.38B
Prev Year: 3.21B
YoY: +36.5%
Basic EPS
-
Interest Inc.(Exp.),Net-Non-Op., Total
275.00M
Diluted EPS
-
Amortization of Policy Acquisition Costs
1.64B
Prev Year: 1.49B
YoY: +9.6%
Weighted Average Shares (basic)
-
Net Investment Income
21.49B
Prev Year: 19.25B
YoY: +11.6%
Weighted Average Shares (diluted)
-
Net Income Before Taxes
4.66B
Prev Year: 3.21B
YoY: +45.1%
Net Income from Continuing and Discontinued Operation
-
Provision for Income Taxes
1.05B
Prev Year: 507.00M
YoY: +107.7%
Normalized Income
-
Net Income After Taxes
3.60B
Prev Year: 2.70B
YoY: +33.3%
Reconciled Depreciation
-
Equity In Affiliates
129.00M
Prev Year: 144.00M
YoY: -10.4%
Net Income from Continuing Operation Net Minority Interest
-
Realized & Unrealized Gains (Losses)
-4.15B
Prev Year: -3.17B
YoY: -30.8%
Total Unusual Items Excluding Goodwill
-
Net Income Before Extra. Items
3.58B
Prev Year: 2.73B
YoY: +31.1%
Total Unusual Items
-
Total Premiums Earned
39.14B
Prev Year: 50.23B
YoY: -22.1%
Tax Rate for Calcs
-
Net Income
3.58B
Prev Year: 2.73B
YoY: +31.1%
Tax Effect of Unusual Items
-
Total Adjustments to Net Income
-41.00M
Prev Year: -32.00M
YoY: -28.1%
Diluted NI Available to Com Stockholders
-
Income Available to Com Excl ExtraOrd
3.54B
Prev Year: 2.69B
YoY: +31.2%
Average Dilution Earnings
-
Income Available to Com Incl ExtraOrd
3.54B
Prev Year: 2.69B
YoY: +31.2%
Otherunder Preferred Stock Dividend
-
Diluted Net Income
3.54B
Prev Year: 2.69B
YoY: +31.2%
Equity in Earnings of Affiliates, Net of Tax
-
Diluted Weighted Average Shares
353.70M
Prev Year: 359.30M
YoY: -1.6%
Other Income Expense
-
Diluted EPS Excluding ExtraOrd Items
9.994
Prev Year: 7.501
YoY: +33.2%
Impairment of Capital Assets
-
DPS - Common Stock Primary Issue
5.45
Prev Year: 5.2
YoY: +4.8%
Other General and Administrative
-
Diluted Normalized EPS
9.706
Prev Year: 7.74
YoY: +25.4%
Unusual Expense (Income)
-
Operating Revenue
-
Minority Interest
-156.00M
Prev Year: -119.00M
YoY: -31.1%
Loss Adjustment Expense
-
Values in USD

Prudential Financial key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$56.5B$66.3B$50.3B$52.8B$71.1B
Operating income$4.4B$3.2B$3.1B-$1.9B–
Net income$3.6B$2.7B$2.5B-$1.6B$8.7B
Diluted EPS––––$19.51
Total assets$773.7B$735.6B$721.1B$689.0B$937.6B
Total liabilities$741.3B$707.7B$693.3B$658.4B$875.0B
Shareholders' equity$32.4B$27.9B$27.8B$30.6B$61.9B
Cash––––$12.9B
Total debt$23.0B$21.6B$20.9B$21.1B$19.6B
Operating cash flow$6.3B$8.5B$6.5B$5.2B$9.8B
Free cash flow––––$9.8B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Prudential Financial's revenue in fiscal year 2025?

$56.48 billion, down 14.8% from $66.32 billion in fiscal year 2024.

How much profit does Prudential Financial make?

Prudential Financial reported net income of $3.58 billion for fiscal year 2025 (6.3% of revenue); operating income was $4.38 billion.

How much cash and debt does Prudential Financial have?

At the end of fiscal year 2025: total debt of $22.96 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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