Business Segments · Operating Expenses

PGIM — Operating Expenses

Prudential Financial PGIM — Operating Expenses increased by 7.4% to $525.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $504.00M to $525.00M. Over 2 years (FY 2023 to FY 2025), PGIM — Operating Expenses shows an upward trend with a 5.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

An increase may indicate rising administrative overhead or scaling challenges, while a decrease suggests improved operational efficiency.

Detailed definition

Represents the total recurring costs incurred by the asset management division to conduct daily business operations, inc...

Peer comparison

Similar to SG&A expenses in other asset management firms or investment divisions.

Metric ID: pru_segment_pgim_operating_expenses

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$442.75M$442.75M$442.75M$442.75M$494.00M$445.00M$442.00M$460.00M$504.00M$477.00M$503.00M$489.00M$525.00M
QoQ Change+0.0%+0.0%+0.0%+11.6%-9.9%-0.7%+4.1%+9.6%-5.4%+5.5%-2.8%+7.4%
YoY Change+11.6%+0.5%-0.2%+3.9%+2.0%+7.2%+13.8%+6.3%+4.2%
Range$442.00M$525.00M
CAGR+5.8%
Avg YoY Growth+5.5%
Median YoY Growth+4.2%

Frequently Asked Questions

What is Prudential Financial's pgim — operating expenses?
Prudential Financial (PRU) reported pgim — operating expenses of $525.00M in Q1 2026.
How has Prudential Financial's pgim — operating expenses changed year-over-year?
Prudential Financial's pgim — operating expenses increased by 4.2% year-over-year, from $504.00M to $525.00M.
What is the long-term trend for Prudential Financial's pgim — operating expenses?
Over 2 years (2023 to 2025), Prudential Financial's pgim — operating expenses has grown at a 5.5% compound annual growth rate (CAGR), from $1.77B to $1.97B.
What does pgim — operating expenses mean?
The total administrative and overhead costs required to run the asset management business.