PRU · 8-K · 20260804PR000170

Net Income and Profitability

PRUDENTIAL FINANCIAL INC · 2026-08-04 · Importance 65 · Surprise 82 · No source text

Second-quarter 2026 net income attributable to Prudential Financial increased to $985 million, or $2.80 per common share, from $533 million, or $1.48 per share, in the year-ago quarter. After-tax adjusted operating income rose to $1.438 billion, or $4.08 per share, from $1.284 billion, or $3.58 per share. The current quarter included a $299 million after-tax charge from the annual assumption update and other refinements, compared with a $134 million charge in the prior-year quarter. Net income also included $655 million of pre-tax net realized investment losses and related charges, including $76 million of credit-related losses.

Key facts

• Total adjusted operating income before income taxes for the company was $1,827 million for the three months ended June 30, 2026 versus $1,665 million for the three months ended June 30, 2025. source
• Net income attributable to Prudential Financial, Inc. of $985 million or $2.80 per Common share for the second quarter of 2026. source
• After-tax adjusted operating income of $1.438 billion or $4.08 per Common share for the second quarter of 2026. source
• After-tax adjusted operating income of $1.284 billion or $3.58 per Common share for the second quarter of 2025. source
• Net income of $533 million or $1.48 per share for the second quarter of 2025 (year-ago quarter). source
• Book value per Common share of $90.50 as of the second quarter of 2026. source
• Adjusted book value per Common share of $100.91 as of the second quarter of 2026. source
• Weighted average number of outstanding common shares - diluted was 348.1 for the three months ended June 30, 2026. source

Impact estimates