Prudential Financial PRU PGIM — Operating Expenses

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Questions, answered.

What is Prudential Financial's PGIM — operating expenses?

Prudential Financial (PRU) reported PGIM — operating expenses of $525M 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 $504M to $525M.

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?

Represents the total recurring costs incurred by the asset management division to conduct daily business operations, including administrative, personnel, and overhead costs. This metric excludes interest and variable costs directly tied to specific investment products, providing a view of the segment's fixed cost structure.