Prudential Financial PRU PGIM — Variable Expenses

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Questions, answered.

What is Prudential Financial's PGIM — variable expenses?

Prudential Financial (PRU) reported PGIM — variable expenses of $300M in Q1 2026.

How has Prudential Financial's PGIM — variable expenses changed year-over-year?

Prudential Financial's PGIM — variable expenses decreased by 1.3% year-over-year, from $304M to $300M.

What is the long-term trend for Prudential Financial's PGIM — variable expenses?

Over 2 years (2023 to 2025), Prudential Financial's PGIM — variable expenses has grown at a 10.9% compound annual growth rate (CAGR), from $1.04B to $1.28B.

What does PGIM — variable expenses mean?

Costs incurred by the asset management segment that fluctuate in direct proportion to the volume of business activity, such as assets under management or transaction volumes. These expenses typically include distribution fees, sub-advisory fees, and performance-based compensation.