Prudential Financial (PRU) FY2025 10-K Annual Report

Filed: Feb 12, 2026
Financials
Life InsuranceSEC EDGAR

Prudential Financial (PRU) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 12, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Prudential Financial FY2025 10-K Analysis

Business Overview

  • Core business model: Global financial services with insurance, retirement, and investment management, managing $1.609 trillion AUM as of December 31, 2025
  • New segment: Launched Prismic Life Reinsurance, Ltd. in Bermuda in Sept 2023, with 20% equity interest via Corporate and Other operations
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Management Discussion & Analysis

  • Revenue performance not disclosed for FY 2026, comparison to 2025 omitted per FAST Act rules
  • Adjusted operating income emphasized as key measure; no specific profitability or margin % changes reported
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Risk Factors

  • Regulatory risk from U.S. GAAP accounting for variable annuity market risk benefits (MRBs), impacting fair value and capital requirements
  • Geopolitical currency risk with $4.1B unhedged foreign equity exposure in international subsidiaries, potentially losing $411M from 10% FX change
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Prudential Financial FY2025 Key Financial Metrics
XBRL

Revenue

$60.8B

-13.7% YoY

Net Income

$3.6B

+31.1% YoY

Net Margin

5.9%

+201bp YoY

ROE

11.0%

+124bp YoY

Total Assets

$773.7B

+5.2% YoY

EPS (Diluted)

$9.99

+33.2% YoY

Operating Cash Flow

$6.3B

-26.2% YoY

Source: XBRL data from Prudential Financial FY2025 10-K filing on SEC EDGAR. All figures in USD.

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