Prudential Financial (PFH) Operating Expenses (2009 - 2026)
Prudential Financial (PFH) posted Operating Expenses of $14.5 billion for Q2 2026, down 2.1% on a QoQ basis from $14.8 billion in Q1 2026, and up 11.53% year-over-year from $13.0 billion in Q2 2025.
Analysis
Prudential Financial (PFH) Operating Expenses (2009 - 2026) Analysis & Trends
Prudential Financial has reported Operating Expenses for 18 years, with the latest figure at $14.5 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 11.53% year-over-year to $14.5 billion in Q2 2026; TTM through Jun 2026 was $59.9 billion, a 4.75% increase from a year earlier, with the FY2025 full-year figure at $56.1 billion, down 16.49% from the prior year.
- Operating Expenses was $14.5 billion for Q2 2026 at Prudential Financial, down from $14.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $22.1 billion in Q1 2024, with the low at $9.4 billion in Q3 2023.
- Average Operating Expenses over 5 years is $14.6 billion, with a median of $13.5 billion recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 53.71% in 2023, then surged 101.24% in 2024.
- Over 5 years, Operating Expenses stood at $13.5 billion in 2022, then declined by 0.38% to $13.4 billion in 2023, then dropped by 5.59% to $12.7 billion in 2024, then advanced by 14.24% to $14.5 billion in 2025, then gained by 0.05% to $14.5 billion in 2026.
- The last three Operating Expenses figures came in at $14.5 billion (Q2 2026), $14.8 billion (Q1 2026), and $14.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 73.85 Bn | 73.85 Bn | - | -208.93 Mn |
| 2 | Metlife | 61.35 Bn | 34.04 Bn | 7.82 Bn | 18.12 Bn |
| 3 | Sun Life Financial | 44.75 Bn | 40.00 Bn | - | 1.71 Bn |
| 4 | Equitable Holdings | 14.45 Bn | -4.49 Bn | 1.22 Bn | 2.15 Bn |
| 5 | Jackson Financial | 9.56 Bn | 3.58 Bn | - | 687.00 Mn |
| 6 | Corebridge Financial | 9.50 Bn | -296.13 Bn | 2.79 Bn | 3.86 Bn |
| 7 | Primerica | 9.07 Bn | 8.43 Bn | 717.74 Mn | 606.85 Mn |
| 8 | Brookfield Wealth Solutions | 8.81 Bn | -3.97 Bn | 1.92 Bn | -558.00 Mn |
| 9 | Lincoln National | 8.35 Bn | -3.33 Bn | 2.62 Bn | 2.90 Bn |
| 10 | Prudential Financial | 5.31 Bn | -26.61 Bn | 7.91 Bn | 14.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.48 Bn |
| Mar 31, 2026 | 14.79 Bn |
| Dec 31, 2025 | 14.48 Bn |
| Sep 30, 2025 | 16.11 Bn |
| Jun 30, 2025 | 12.99 Bn |
| Mar 31, 2025 | 12.55 Bn |
| Dec 31, 2024 | 12.67 Bn |
| Sep 30, 2024 | 18.94 Bn |
| Jun 30, 2024 | 13.47 Bn |
| Mar 31, 2024 | 22.12 Bn |
| Dec 31, 2023 | 13.42 Bn |
| Sep 30, 2023 | 9.41 Bn |
| Jun 30, 2023 | 12.88 Bn |
| Mar 31, 2023 | 15.20 Bn |
| Dec 31, 2022 | 13.47 Bn |
| Sep 30, 2022 | 20.33 Bn |
| Jun 30, 2022 | 12.46 Bn |
| Mar 31, 2022 | 12.51 Bn |
| Dec 31, 2021 | 13.90 Bn |
| Sep 30, 2021 | 19.84 Bn |