PRU Q2 2023 Earnings — Prudential Financial, Inc. Revenue & Financial Results | Market Cap Arena

PRUPrudential Financial, Inc.

$33B

Q2 2023 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$13.5B+17.9% YoY

Gross Profit

$4.1B30.2% margin

Operating Income

$621M4.6% margin

Net Income

$511M3.8% margin

EPS (Diluted)

$1.38

QoQ Revenue Growth

-20.8%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.2B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$697.3B

Total Liabilities

$667.8B

Stockholders' Equity

$28.4B

Cash & Equivalents

$14.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13.5B	$11.5B	+17.9%
Gross Profit	$4.1B	$1.7B	+136.1%
Operating Income	$621M	-$1.1B	+158.1%
Net Income	$511M	-$1.0B	+150.6%

Revenue Segments

International Insurance

$4.7B40%

Retirement

$3.9B33%

Group Insurance

$1.6B14%

Individual Life

$1.6B13%