Products & Services · Amortization expense

Variable Universal Life — Amortization expense

Prudential Financial Variable Universal Life — Amortization expense increased by 29.2% to -$46.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.1%, from -$64.00M to -$46.00M. Over 4 years (FY 2021 to FY 2025), Variable Universal Life — Amortization expense shows a downward trend with a 11.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

An increase reflects the ongoing recognition of revenue from the existing book of business, contributing to current period earnings.

Detailed definition

This represents the periodic expense recognized as the unearned revenue reserve for variable universal life policies is...

Peer comparison

Comparable to amortization of deferred revenue or DAC amortization at other insurance firms.

Metric ID: pru_segment_variable_universal_life_amortization_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$41.75M-$41.75M-$41.75M-$47.25M-$47.25M-$47.25M-$47.25M-$47.00M-$53.00M-$54.00M-$57.00M-$58.00M-$60.00M-$61.00M-$61.00M-$64.00M-$62.00M-$64.00M-$65.00M-$46.00M
QoQ Change+0.0%+0.0%-13.2%+0.0%+0.0%+0.0%+0.5%-12.8%-1.9%-5.6%-1.8%-3.4%-1.7%+0.0%-4.9%+3.1%-3.2%-1.6%+29.2%
YoY Change-13.2%-13.2%-13.2%+0.5%-12.2%-14.3%-20.6%-23.4%-13.2%-13.0%-7.0%-10.3%-3.3%-4.9%-6.6%+28.1%
Range-$65.00M-$41.75M
CAGR+2.1%
Avg YoY Growth-8.7%
Median YoY Growth-12.6%

Frequently Asked Questions

What is Prudential Financial's variable universal life — amortization expense?
Prudential Financial (PRU) reported variable universal life — amortization expense of -$46.00M in Q1 2026.
How has Prudential Financial's variable universal life — amortization expense changed year-over-year?
Prudential Financial's variable universal life — amortization expense increased by 28.1% year-over-year, from -$64.00M to -$46.00M.
What is the long-term trend for Prudential Financial's variable universal life — amortization expense?
Over 4 years (2021 to 2025), Prudential Financial's variable universal life — amortization expense has grown at a 11.2% compound annual growth rate (CAGR), from -$167.00M to -$255.00M.
What does variable universal life — amortization expense mean?
The amount of deferred revenue recognized as income during the current period for variable life policies.