PRU Q1 2023 Earnings — Prudential Financial, Inc. Revenue & Financial Results | Market Cap Arena

PRUPrudential Financial, Inc.

$33B

Q1 2023 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$17.1B+44.0% YoY

Gross Profit

$5.4B31.6% margin

Operating Income

$1.8B10.8% margin

Net Income

$1.5B8.6% margin

EPS (Diluted)

$3.93

QoQ Revenue Growth

+28.1%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.3B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$709.3B

Total Liabilities

$676.8B

Stockholders' Equity

$31.4B

Cash & Equivalents

$17.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17.1B	$11.9B	+44.0%
Gross Profit	$5.4B	$2.8B	+93.1%
Operating Income	$1.8B	-$658M	+380.7%
Net Income	$1.5B	-$493M	+396.6%

Revenue Segments

Retirement

$6.0B42%

International Insurance

$5.0B36%

Group Insurance

$1.6B11%

Individual Life

$1.5B11%