---
schema_version: "secwatch.filing_event.v1"
accession: "0001137774-23-000062"
form_type: "8-K"
ticker: "PRU"
cik: "0001137774"
company_name: "PRUDENTIAL FINANCIAL INC"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T02:41:07.237683+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Prudential Q1 net income $1.46B ($3.93 EPS); adj op income $990M down from $1.19B

## Summary
- Net income $1.462B ($3.93 per share) vs net loss $493M ($1.33) YoY; after-tax adj op income $990M ($2.66) vs $1.191B ($3.10).
- PGIM adj op income $151M vs $188M; AUM $1.27T down 10% YoY; third-party net outflows $14.0B.
- U.S. Businesses adj op income $760M vs $813M; Group Insurance swung to profit $25M from loss $115M; Individual Life loss $102M.
- International Businesses adj op income $840M vs $951M; constant currency sales +13% Life Planner, +16% Gibraltar.
- Capital returned $718M ($250M buybacks, $468M dividends) vs $837M; parent liquidity $4.6B vs $3.6B.

## SEC filing metadata
- accession: 0001137774-23-000062
- form_type: 8-K
- ticker: PRU
- cik: 0001137774
- company_name: PRUDENTIAL FINANCIAL INC
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137774/000113777423000062/0001137774-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137774/000113777423000062/pru-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001137774-23-000062
- JSON: https://secwatch.observer/filing/0001137774-23-000062.json
- Plain text: https://secwatch.observer/filing/0001137774-23-000062.txt

## Key facts
- Earnings Releases
  PRUDENTIAL FINANCIAL INC reported first quarter 2023 results: net income $1.462 billion ($3.93 per Common share), EPS $3.93 per Common share.
  - Period: first quarter 2023
  - Net income: $1.462 billion ($3.93 per Common share)
  - EPS: $3.93 per Common share
  - Result: reported results
  source text: Prudential Financial, Inc. (the "Company") furnishes herewith, as Exhibit 99.1, a news release announcing first quarter 2023 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137774/000113777423000062/0001137774-23-000062-index.htm

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