Latest quarter
Prudential Financial’s filing reports Q2 FY2026 revenue of $15.7 billion, compared with $13.7 billion in Q2 FY2025, a 14.1% increase. The consensus comparison reports revenue of $14.2 billion against consensus revenue of $14.2 billion, or 0.02% above the consensus. The consensus comparison also reports adjusted EPS of $4.08, compared with consensus adjusted EPS of $3.47, or 17.6% above the consensus; the filing reports diluted EPS of $2.80, compared with $1.48 a year earlier.
The filing attributes the revenue increase primarily to favorable changes in other income, including equity securities and assets supporting experience-rated contractholder liabilities. It reports that PGIM, Group Insurance, Individual Life, International Businesses and Closed Block Division results increased from a year earlier, while Retirement and U.S. Legacy Products results decreased. Prudential Financial reported gross margin of 34.9%, versus 30.2%, and operating margin of 7.52%, versus 5.39%. The filing reports free cash flow of $2.3 billion, compared with $1.2 billion in Q2 FY2025.
| Q2 FY2026 | Q2 FY2025 | Change | |
|---|---|---|---|
| Revenue | $15.7 billion | $13.7 billion | 14.1% |
| Diluted EPS | $2.80 | $1.48 | 89.2% |
| Gross margin | 34.9% | 30.2% | 4.6 percentage points |
| Operating margin | 7.52% | 5.39% | 2.1 percentage points |
| Free cash flow | $2.3 billion | $1.2 billion | 101.9% |
| Against the consensus | Reported | Consensus | Result |
|---|---|---|---|
| Adjusted EPS | $4.08 | $3.47 | Beat by 17.6% |
| Revenue | $14.2 billion | $14.2 billion | In line |
Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.
What management said on the call
No latest Prudential Financial earnings call is available, so no call commentary, analyst questions or management answers are available for this section.
Guidance
Prudential Financial’s management guidance is not available. The company’s current guidance, changes from prior guidance and any outlook it stopped giving are therefore not available.