Filing Flows › Prudential Financial (PRU) › Q1 2026
Prudential Financial (PRU) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Prudential Financial (PRU) reported revenue of $15.5B for the first quarter 2026 (Q1 2026), +15% from a year earlier and -1% from the quarter before. Operating margin was 4.7%, net earnings $597M (3.8% of revenue).
Prudential Financial, Q1 2026: revenue $15.5B (+15% year over year), operating margin 4.7%, net earnings $597M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.5B | -1% | +15% |
| Operating profit | $733M | -40% | -20% |
| Net earnings | $597M | -34% | -16% |
| Operating cash flow | $1.0B | -70% | — |
What changed
Revenue was $15.5B in Q1 2026, up 15% year over year and down 1% from the previous quarter.
Operating profit was $0.73B, a 4.7% margin (down 2.1 points year over year). Operating profit fell $0.19B even though revenue rose $2.1B versus Q1 2025, so costs grew faster than sales. Total costs grew 18% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $0.60B, down 16% year over year. The effective tax rate was 17.6%.
Operating cash flow was $1.0B, 166% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization. Working capital and other items added $0.26B.
Questions
What was Prudential Financial's revenue in the first quarter 2026?
Prudential Financial (PRU) reported revenue of $15.5B for the first quarter 2026 (Q1 2026), +15% from a year earlier and -1% from the quarter before.
Was Prudential Financial profitable in the first quarter 2026?
Operating profit was $733M (4.7% of revenue) and net earnings $597M.