Prudential Financial, Inc. (PRU) Income Statement
PRU 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPRU revenue and net income
Where PRU's revenue goes
2025Each bar shows an amount and its share of revenue. PRU kept 5.9% of revenue as net income.
PRU profit margins
PRU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −13.7% | +2.3% | +1.3% | +0.7% |
| Gross profit | +8.1% | +16.8% | +4.5% | −1.0% |
| Operating income | +45.1% | — | — | −5.0% |
| Net income | +31.1% | — | — | −4.5% |
| EPS (diluted) | +9.5% | +14.4% | +6.6% | +3.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PRU quarterly EPS vs estimates
Prudential beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 3, 2026 (estimate $3.48).
PRU income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.97B | $70.67B | $54.27B | $56.99B | $71.15B | $57.03B | $64.80B | $62.99B | $59.69B | $58.79B |
| Cost of revenue | $42.03B | $53.16B | $36.71B | $45.10B | $42.87B | $41.82B | $44.03B | $44.87B | $39.20B | $39.27B |
| Gross profit | $18.94B | $17.52B | $17.55B | $11.89B | $28.28B | $15.21B | $20.77B | $18.12B | $20.50B | $19.52B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $13.01B | $13.34B | $13.15B | $12.79B | $13.86B | $14.17B | $13.65B | $11.95B | $11.91B | $11.78B |
| Total operating expenses | $14.28B | $14.31B | $14.48B | $13.78B | $17.45B | $15.54B | $15.68B | $13.29B | $14.01B | $13.82B |
| Operating income | $4.66B | $3.21B | $3.07B | −$1.89B | $10.84B | −$323.0M | $5.08B | $4.83B | $6.49B | $5.71B |
| Interest income | $275.0M | $735.0M | $56.0M | — | — | — | — | — | — | — |
| Interest expense | $2.11B | — | $1.77B | $1.59B | $1.47B | $1.57B | $1.54B | $1.41B | $1.32B | $1.32B |
| Income before taxes | $4.66B | $3.35B | $3.12B | −$1.95B | $10.93B | −$227.0M | $5.08B | $4.83B | $6.49B | $5.71B |
| Income taxes | $924.0M | $507.0M | $613.0M | −$279.0M | $2.00B | −$81.0M | $947.0M | $822.0M | −$1.44B | $1.33B |
| Net income | $3.58B | $2.73B | $2.49B | −$1.65B | $8.87B | −$374.0M | $4.19B | $4.07B | $7.86B | $4.37B |
| EBITDA | $4.79B | $3.59B | $3.00B | −$1.77B | $11.04B | $134.0M | $5.54B | $5.00B | $6.71B | $6.02B |
| EPS (diluted) | $14.18 | $12.95 | $11.62 | $9.46 | $14.86 | $10.31 | $11.69 | $11.68 | $10.58 | $9.14 |
| Gross margin | 31.1% | 24.8% | 32.4% | 20.9% | 39.7% | 26.7% | 32.0% | 28.8% | 34.3% | 33.2% |
| Operating margin | 7.6% | 4.5% | 5.7% | −3.3% | 15.2% | −0.6% | 7.8% | 7.7% | 10.9% | 9.7% |
| Net margin | 5.9% | 3.9% | 4.6% | −2.9% | 12.5% | −0.7% | 6.5% | 6.5% | 13.2% | 7.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.66B | $15.55B | $15.68B | $17.95B | $13.80B | $13.54B | $12.64B | $19.53B | $14.94B | $23.56B | $15.24B | $8.44B |
| Cost of revenue | $10.64B | $11.09B | $10.74B | $12.41B | $9.55B | $9.32B | $9.32B | $15.44B | $10.16B | $18.23B | $9.26B | $6.35B |
| Gross profit | $5.02B | $4.45B | $4.93B | $5.54B | $4.25B | $4.21B | $3.33B | $4.10B | $4.77B | $5.33B | $5.99B | $2.10B |
| Sales, general & admin | $3.77B | $3.70B | $3.48B | $3.28B | $3.18B | $3.08B | $3.31B | $3.31B | $3.13B | $3.59B | $3.73B | $3.07B |
| Total operating expenses | $3.77B | $3.72B | $3.72B | $3.75B | $3.51B | $3.29B | $3.48B | $3.54B | $3.35B | $3.94B | $4.32B | $3.15B |
| Operating income | $1.25B | $735.0M | $1.21B | $1.78B | $740.0M | $920.0M | −$149.0M | $553.0M | $1.42B | $1.39B | $1.66B | −$1.06B |
| Interest income | — | — | $373.0M | $314.0M | $374.0M | $160.0M | — | — | — | — | — | — |
| Interest expense | $218.0M | $539.0M | $533.0M | $531.0M | — | — | — | — | — | — | $442.0M | $422.0M |
| Income before taxes | $1.18B | $735.0M | $1.21B | $1.86B | $761.0M | $949.0M | −$113.0M | $591.0M | $1.44B | $1.44B | $1.69B | −$1.04B |
| Income taxes | $218.0M | $129.0M | $269.0M | $382.0M | $195.0M | $207.0M | −$186.0M | $140.0M | $264.0M | $289.0M | $359.0M | −$251.0M |
| Net income | $909.0M | $597.0M | $905.0M | $1.43B | $533.0M | $707.0M | −$57.0M | $448.0M | $1.20B | $1.14B | $1.32B | −$802.0M |
| EBITDA | $1.28B | $878.0M | $1.16B | $1.96B | $1.22B | $759.0M | −$96.0M | $512.0M | $1.39B | $1.79B | $1.59B | −$1.10B |
| EPS (diluted) | $4.08 | $3.61 | $3.30 | $4.01 | $3.58 | $3.29 | $2.96 | $3.48 | $3.39 | $3.12 | $2.58 | $3.44 |
| Gross margin | 32.0% | 28.7% | 31.5% | 30.8% | 30.8% | 31.1% | 26.3% | 21.0% | 31.9% | 22.6% | 39.3% | 24.8% |
| Operating margin | 8.0% | 4.7% | 7.7% | 9.9% | 5.4% | 6.8% | −1.2% | 2.8% | 9.5% | 5.9% | 10.9% | −12.5% |
| Net margin | 5.8% | 3.8% | 5.8% | 8.0% | 3.9% | 5.2% | −0.5% | 2.3% | 8.0% | 4.8% | 8.6% | −9.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PRU's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PRU financial results
In fiscal year 2025 (ended December 31, 2025), Prudential reported revenue of $61.0 billion, down 13.7% from the year before. It had net income of $3.6 billion (up 31.1%), a net profit margin of 5.9%. Diluted earnings per share came to $14.18. Over five years revenue grew at an average rate of 1.3% a year.
See the PRU stock overview for the latest quote and news, or the PRU chart for price history and technical indicators.
PRU income statement FAQ
What is Prudential's annual revenue?
Prudential reported total revenue of $61.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 13.7% from $70.7 billion the previous year.
Is Prudential profitable?
Yes. Prudential reported net income of $3.6 billion in fiscal 2025, a net profit margin of 5.9%; its operating margin was 7.6%.
What is Prudential's gross margin?
Prudential's gross margin was 31.1% in fiscal 2025: for every $100 of revenue, Prudential kept $31 after the direct cost of its products and services.
How fast is Prudential growing?
Revenue grew 1.3% a year on average over the last five fiscal years, from $57.0 billion to $61.0 billion.
What are Prudential's earnings per share?
Prudential earned $14.18 per diluted share in fiscal 2025, compared with $12.95 a year earlier.
When will Prudential report its next earnings?
Prudential is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does Prudential's fiscal year end?
Prudential's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.