---
schema_version: "secwatch.filing_event.v1"
accession: "0001137774-23-000011"
form_type: "8-K"
ticker: "PRU"
cik: "0001137774"
company_name: "PRUDENTIAL FINANCIAL INC"
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T22:28:33.120835+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Prudential reports Q4 net loss $558M; adj. operating income $907M; $1B buyback authorized

## Summary
- Net loss $558M ($1.53/share) vs net income $1.208B ($3.13) a year ago; includes $713M goodwill impairment on Assurance IQ.
- After-tax adjusted operating income $907M ($2.42/share) vs $1.227B ($3.18) in Q4 2021, down 26%.
- Full-year 2022 net loss $1.438B ($3.93/share) vs net income $7.724B ($19.51) in 2021.
- Board authorizes $1.0B share repurchase for 2023; quarterly dividend raised 4% to $1.25/share, 15th consecutive annual increase.
- Book value per share fell to $43.81 from $161.26; adjusted book value $99.22 vs $108.72.

## SEC filing metadata
- accession: 0001137774-23-000011
- form_type: 8-K
- ticker: PRU
- cik: 0001137774
- company_name: PRUDENTIAL FINANCIAL INC
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137774/000113777423000011/0001137774-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137774/000113777423000011/pru-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001137774-23-000011
- JSON: https://secwatch.observer/filing/0001137774-23-000011.json
- Plain text: https://secwatch.observer/filing/0001137774-23-000011.txt

## Key facts
- Earnings Releases
  PRUDENTIAL FINANCIAL INC reported 2022 results: net income $1.438 billion, EPS $3.93 per Common share.
  - Period: 2022
  - Net income: $1.438 billion
  - EPS: $3.93 per Common share
  - Result: reported results
  source text: Net loss attributable to Prudential Financial, Inc. was $1.438 billion ($3.93 per Common share) for 2022, compared to net income of $7.724 billion ($19.51 per Common share) for 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137774/000113777423000011/0001137774-23-000011-index.htm
- Earnings Releases
  PRUDENTIAL FINANCIAL INC reported fourth quarter 2022 results: net income $558 million, EPS $1.53 per Common share.
  - Period: fourth quarter 2022
  - Net income: $558 million
  - EPS: $1.53 per Common share
  - Result: reported results
  source text: Net loss attributable to Prudential Financial, Inc. was $558 million ($1.53 per Common share) for the fourth quarter of 2022, compared to net income of $1.208 billion ($3.13 per Common share) for the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137774/000113777423000011/0001137774-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.