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Prudential Financial PRU Variable Universal Life — Unearned revenue

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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:PolicyholderAccountBalanceUnearnedRevenueReserveIssuance.

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 — unearned revenue?
Prudential Financial (PRU) reported variable universal life — unearned revenue of $150M in Q1 2026.
How has Prudential Financial's variable universal life — unearned revenue changed year-over-year?
Prudential Financial's variable universal life — unearned revenue increased by 2.0% year-over-year, from $147M to $150M.
What is the long-term trend for Prudential Financial's variable universal life — unearned revenue?
Over 4 years (2021 to 2025), Prudential Financial's variable universal life — unearned revenue has grown at a 2.6% compound annual growth rate (CAGR), from $781M to $866M.
What does variable universal life — unearned revenue mean?
This metric tracks the specific issuance of unearned revenue related to variable universal life products. It captures the initial deferral of revenue at the time of policy issuance before it is amortized over the expected life of the contract.