Prudential Financial (PRU) Revenue — Quarter Ended Jun 30, 2023
Revenue decreased from the prior quarter but increased compared to the same period a year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue decreased from the prior quarter but increased compared to the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$13.5B
Revenue reported for this quarter.
Quarter-over-quarter
-20.8%
Change from the immediately preceding quarter.
Year-over-year
+18.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$64.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $20.2B | -6.7% |
| Dec 31, 2022 | $13.4B | -19.7% |
| Mar 31, 2023 | $17B | +43.8% |
| Jun 30, 2023 | $13.5B | +18.5% |
Revenue performance
The quarter saw a sequential decline in revenue, while year-over-year revenue showed an increase.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Compared to the same quarter one year ago, revenue was higher.
What to watch
Monitor whether the revenue trajectory continues to show year-over-year growth despite quarterly fluctuations.