Prudential Financial Present Value of Future Insurance Profits, Net decreased by 3.8% to $382.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.3%, from $446.00M to $382.00M. Over 5 years (FY 2020 to FY 2025), Present Value of Future Insurance Profits, Net shows a downward trend with a -19.3% CAGR.
A decrease over time is expected as the value is amortized, while sudden changes often follow M&A activity.
VOBA represents the present value of future profits expected from a block of insurance contracts acquired in a business...
Commonly seen in companies that have recently completed significant acquisitions in the life or annuity space.
non_current_assets_value_of_business_acquired_voba| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.06B | $815.00M | $771.00M | $723.00M | $571.00M | $532.00M | $621.00M | $601.00M | $542.00M | $514.00M | $530.00M | $484.00M | $446.00M | $488.00M | $435.00M | $446.00M | $450.00M | $430.00M | $397.00M | $382.00M |
| QoQ Change | — | -22.9% | -5.4% | -6.2% | -21.0% | -6.8% | +16.7% | -3.2% | -9.8% | -5.2% | +3.1% | -8.7% | -7.9% | +9.4% | -10.9% | +2.5% | +0.9% | -4.4% | -7.7% | -3.8% |
| YoY Change | — | — | — | — | -46.0% | -34.7% | -19.5% | -16.9% | -5.1% | -3.4% | -14.7% | -19.5% | -17.7% | -5.1% | -17.9% | -7.9% | +0.9% | -11.9% | -8.7% | -14.3% |
| Segment | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 |
|---|---|---|---|---|---|---|---|---|
| Gibraltar Life and Other | $578.00M | $523.00M | $496.00M | $511.00M | $467.00M | $431.00M | $471.00M | $421.00M |
| Total | $601.00M | $542.00M | $514.00M | $530.00M | $484.00M | $446.00M | $488.00M | $435.00M |
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|
| Other businesses | $15.00M | $14.00M | $13.00M | $12.00M |
| Total | $446.00M | $450.00M | $430.00M | $382.00M |