Prudential Financial (PRU) Revenue — Quarter Ended Sep 30, 2023
Revenue contracted sharply this quarter, ending a string of volatile results. Both sequential and year-over-year comparisons showed large declines.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue contracted sharply this quarter, ending a string of volatile results. Both sequential and year-over-year comparisons showed large declines.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.4B
Revenue reported for this quarter.
Quarter-over-quarter
-38.1%
Change from the immediately preceding quarter.
Year-over-year
-58.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$52.3B
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 |
|---|---|---|
| Dec 31, 2022 | $13.4B | -19.7% |
| Mar 31, 2023 | $17B | +43.8% |
| Jun 30, 2023 | $13.5B | +18.5% |
| Sep 30, 2023 | $8.4B | -58.7% |
Revenue performance
The quarter's revenue was down significantly, reflecting a pronounced reversal from the growth seen in the previous period.
Quarterly comparison
Compared to the prior quarter, revenue fell sharply. It also dropped substantially from the same quarter a year earlier.
What to watch
Given the uneven revenue pattern over recent quarters, future filings should be monitored for signs of stabilization or further volatility.