Prudential Financial reports $1.47T PGIM AUM for third quarter 2026 despite Japan business headwinds

Prudential Financial released preliminary third quarter 2026 financial data and announced segment reporting changes. The results highlight a material impact from operations in Japan and a reorganization of its international reporting structure as it exits specific emerging markets.

Key Highlights

• PGIM segment assets under management (AUM) reached $1.47 trillion as of September 30, 2026.
• Japan Businesses' pre-tax adjusted operating income was reduced by approximately $140 million due to the Prudential of Japan sales suspension.
• General Account alternative investment income is estimated to be $15 million to $35 million above near-term expectations.
• PGIM other related revenues, including incentive and transaction fees, were approximately $20 million on an adjusted operating income basis.
• The company reclassified its Brazil and Mexico operations to Divested and Run-off Businesses and shifted its 40% interest in AFP Habitat to the Retirement segment.