Discontinued — last reported Q4 '24
Prudential Financial Life Planner — Unearned revenue decreased by 5.6% to $34.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 27.7%, from $47.00M to $34.00M. Over 3 years (FY 2021 to FY 2024), Life Planner — Unearned revenue shows an upward trend with a 59.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in unearned revenue indicates strong sales momentum and a healthy pipeline of future earnings.
The total amount of revenue received in advance for insurance services that have not yet been delivered. This is a key i...
Standard accounting metric for deferred income across all insurance and service-based industries.
pru_segment_life_planner_unearned_revenue| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.75M | $8.75M | $8.75M | $16.75M | $16.75M | $16.75M | $16.75M | $37.00M | $32.00M | $31.00M | $47.00M | $37.00M | $34.00M | $36.00M | $34.00M |
| QoQ Change | — | +0.0% | +0.0% | +91.4% | +0.0% | +0.0% | +0.0% | +120.9% | -13.5% | -3.1% | +51.6% | -21.3% | -8.1% | +5.9% | -5.6% |
| YoY Change | — | — | — | — | +91.4% | +91.4% | +91.4% | +120.9% | +91.0% | +85.1% | +180.6% | +0.0% | +6.3% | +16.1% | -27.7% |