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Prudential Financial PRU Variable Universal Life — Policyholder Account Balance, Unearned Revenue Reserve

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PFGUniversal Life — Unearned Revenue Liability After Reinsurance
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Other financials

Income statement

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Revenue$15.5B+15.3%
Net income$597.0M-15.6%
EPS (diluted)$1.68-14.3%

Balance sheet

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Cash & equivalents$15.9B-0.8%
Total debt$18.9B-3.4%
Total equity$32.0B+7.0%
Total assets$765.40B+3.5%

Cash flow

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Operating cash flow$1.0B+140%

Valuation

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Market cap$37.6B-0.1%
Enterprise value$40.54B+2.3%
P/E10.9×-11.4×
P/S0.6×0.0×

Profitability

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Net margin5.5%+1.6pp

Returns & leverage

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Return on equity11.2%+3.0pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Prudential Financial in its filing.

Tagged under the XBRL concept pru:PolicyholderAccountBalanceUnearnedRevenueReserve.

The official record: Prudential Financial’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Prudential Financial's variable universal life — policyholder account balance, unearned revenue reserve?
Prudential Financial (PRU) reported variable universal life — policyholder account balance, unearned revenue reserve of $3.91B in Q1 2026.
How has Prudential Financial's variable universal life — policyholder account balance, unearned revenue reserve changed year-over-year?
Prudential Financial's variable universal life — policyholder account balance, unearned revenue reserve increased by 12.1% year-over-year, from $3.49B to $3.91B.
What is the long-term trend for Prudential Financial's variable universal life — policyholder account balance, unearned revenue reserve?
Over 2 years (2023 to 2025), Prudential Financial's variable universal life — policyholder account balance, unearned revenue reserve has grown at a 3.0% compound annual growth rate (CAGR), from $17.5B to $18.55B.
What does variable universal life — policyholder account balance, unearned revenue reserve mean?
This represents the total liability held for unearned revenue associated with variable universal life insurance policies. It reflects the portion of premiums collected that has not yet been recognized as earned revenue because the services are provided over the life of the policy.