# Prudential Financial, Inc. (PRU) FY2025 Annual P&L / Income Statement

- Company: Prudential Financial, Inc. (PRU)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-12, accession number 0001137774-26-000048
- Page: https://plicit.ai/financials/pru/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/pru-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-12-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 60,774,000,000 US dollars
- **Total benefits and expenses**: 56,118,000,000 US dollars
- **Operating profit (calculated)**: 4,656,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF JOINT VENTURES AND OTHER OPERATING ENTITIES**: 4,656,000,000 US dollars
- **Total income tax expense (benefit)**: 1,053,000,000 US dollars
- **NET INCOME (LOSS)**: 3,732,000,000 US dollars
- **Premiums (includes $122, $73 and $323 of gains (losses) from changes in estimates on deferred profit liability amortization for the year ended December 31, 2025, 2024 and 2023, respectively)**: 30,797,000,000 US dollars
- **Policy charges and fee income**: 4,666,000,000 US dollars
- **Net Investment Income**: 21,473,000,000 US dollars
- **Asset management and service fees**: 4,019,000,000 US dollars
- **Other income (loss)**: 4,426,000,000 US dollars
- **Policyholders’ benefits**: 35,224,000,000 US dollars
- **Change in estimates of liability for future policy benefits**: 103,000,000 US dollars
- **Interest credited to policyholders’ account balances**: 5,068,000,000 US dollars
- **Dividends to policyholders**: 1,076,000,000 US dollars
- **Amortization of deferred policy acquisition costs**: 1,635,000,000 US dollars
- **Goodwill impairment**: 0 US dollars
- **General and administrative expenses**: 13,012,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 65,381,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Realized investment gains (losses), net**: negative 4,132,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Change in value of market risk benefits, net of related hedging gains (losses)**: negative 475,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Equity in earnings of joint ventures and other operating entities, net of taxes**: 129,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/pru/fy2025-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/pru-fy2025-annual-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 60,774,000,000 US dollars
- **Total benefits and expenses**: 56,118,000,000 US dollars
- **Operating profit (calculated)**: 4,656,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF JOINT VENTURES AND OTHER OPERATING ENTITIES**: 4,656,000,000 US dollars
- **Total income tax expense (benefit)**: 1,053,000,000 US dollars
- **NET INCOME (LOSS)**: 3,732,000,000 US dollars
- **UNITED STATES**: 36,801,000,000 US dollars
- **JAPAN**: 13,487,000,000 US dollars
- **Other Countries**: 10,486,000,000 US dollars
- **Policyholders’ benefits**: 35,224,000,000 US dollars
- **Change in estimates of liability for future policy benefits**: 103,000,000 US dollars
- **Interest credited to policyholders’ account balances**: 5,068,000,000 US dollars
- **Dividends to policyholders**: 1,076,000,000 US dollars
- **Amortization of deferred policy acquisition costs**: 1,635,000,000 US dollars
- **Goodwill impairment**: 0 US dollars
- **General and administrative expenses**: 13,012,000,000 US dollars
- **Equity in earnings of joint ventures and other operating entities, net of taxes**: 129,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.