VOYA · Voya Financial, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.03B | - | $2.13B | $1.98B | $1.97B | - | $1.96B | $2.03B | $2.05B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $848.00M | - | $829.00M | $857.00M | $824.00M | - | $775.00M | $752.00M | $799.00M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $230.00M | - | $307.00M | $188.00M | $173.00M | - | $116.00M | $276.00M | $287.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $35.00M | - | $35.00M | $27.00M | $22.00M | - | $18.00M | $41.00M | ($1.00M) | - |
| Net Income | $182.00M | - | $192.00M | $166.00M | $156.00M | - | $114.00M | $205.00M | $251.00M | - |
| EPS - Basic | $1.78 | - | $1.82 | $1.69 | $1.45 | - | $1.00 | $2.00 | $2.29 | - |
| EPS - Diluted | $1.75 | - | $1.80 | $1.66 | $1.42 | - | $0.98 | $1.96 | $2.24 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.09B | $1.35B | $1.28B | $1.32B | $1.01B | $1.51B | $1.54B | $1.18B | $1.18B | $1.12B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $173.43B | $178.86B | $177.45B | $172.44B | $163.95B | $163.89B | $166.93B | $161.28B | $161.63B | $157.09B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $1.91B | $1.52B | $1.52B | $1.66B | $2.10B | $2.10B | $2.10B | $1.71B | $1.71B | $2.10B |
| Total Liabilities | $166.73B | $171.82B | $170.37B | $165.88B | $157.59B | $157.88B | $160.35B | $155.41B | $155.76B | $151.03B |
| Stockholders' Equity | $4.66B | $4.95B | $4.96B | $4.63B | $4.38B | $4.00B | $4.72B | $4.04B | $4.15B | $4.19B |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($36.00M) | - | - | - | ($179.00M) | - | - | - | $231.00M | - |
| Investing Cash Flow | ($352.00M) | - | - | - | $245.00M | - | - | - | $1.08B | - |
| Financing Cash Flow | $130.00M | - | - | - | ($570.00M) | - | - | - | ($1.25B) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 11.3% | - | 14.4% | 9.5% | 8.8% | - | 5.9% | 13.6% | 14.0% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 9.0% | - | 9.0% | 8.4% | 7.9% | - | 5.8% | 10.1% | 12.2% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 16.1% | - | 15.4% | 14.0% | 12.4% | - | 13.6% | 16.7% | -0.4% | - |
| Return on assets | 0.1% | - | 0.1% | 0.1% | 0.1% | - | 0.1% | 0.1% | 0.2% | - |
| Return on equity | 3.9% | - | 3.9% | 3.6% | 3.6% | - | 2.4% | 5.1% | 6.0% | - |
| Return on invested capital | 2.9% | - | 4.0% | 2.6% | 2.3% | - | 1.5% | 4.0% | 4.9% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.41 | 0.31 | 0.31 | 0.36 | 0.48 | 0.53 | 0.45 | 0.42 | 0.41 | 0.50 |
| Debt / Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 37.23 | 36.11 | 35.80 | 37.25 | 37.41 | 40.92 | 35.37 | 39.89 | 38.92 | 37.46 |
| Liabilities / Assets | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.01 | 0.01 | 0.01 | - | 0.01 | 0.01 | 0.01 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 39.0x | - | 41.6x | 42.8x | 47.7x | - | 80.8x | 36.3x | 33.0x | - |
| P / B | 1.4x | - | 1.5x | 1.5x | 1.5x | - | 1.7x | 1.8x | 1.9x | - |
| P / S | 3.2x | - | 3.4x | 3.5x | 3.4x | - | 4.1x | 3.6x | 3.8x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.1% | - | 8.8% | -2.6% | -4.0% | - | 7.3% | 8.7% | 11.8% | - |
| Revenue CAGR (3y) | 3.4% | - | 16.7% | 9.3% | 9.2% | - | -0.9% | -6.7% | - | - |
| Revenue CAGR (5y) | - | - | 0.5% | 3.6% | 3.2% | - | -2.6% | -2.8% | -1.4% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 32.9% | - | 164.7% | -31.9% | -39.7% | - | -32.6% | 4.9% | 103.5% | - |
| Net income growth (YoY) | 16.7% | - | 68.4% | -19.0% | -37.8% | - | -56.5% | 29.7% | 202.4% | - |
| EPS growth (YoY) | 23.2% | - | 83.7% | -15.3% | -36.6% | - | -57.2% | 39.0% | 255.6% | - |
| EPS CAGR (3y) | 40.6% | - | -0.4% | 42.8% | 80.9% | - | -5.2% | -17.8% | -35.4% | - |
| EPS CAGR (5y) | -26.7% | - | - | - | - | - | 5.8% | 5.4% | 39.8% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 6.3% | 23.7% | 5.0% | 14.5% | 5.5% | -4.5% | 50.9% | 9.4% | 5.0% | -6.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.79B totalInvestment Management Segment$1.01B · 56.3%
Wealth Solutions Segment$740.00M · 41.3%
Health Solutions Segment$44.00M · 2.5%
Product / service
$329.00M totalSoftware Subscription And Service$198.00M · 60.2%
Distribution Fees Member$131.00M · 39.8%
Peer comparison
Same SIC group: Life Insurance
Comparing Voya Financial against the 5 most active filers in the same SIC group.
Dividends
$1.86/share trailing 12 months · +3.3% YoY
| Ex-date | Per share |
|---|---|
| May 26, 2026 | $0.4700 |
| Feb 25, 2026 | $0.4700 |
| Nov 26, 2025 | $0.4700 |
| Aug 26, 2025 | $0.4500 |
| May 27, 2025 | $0.4500 |
| Feb 25, 2025 | $0.4500 |
| Nov 26, 2024 | $0.4500 |
| Aug 27, 2024 | $0.4500 |
| May 24, 2024 | $0.4000 |
| Feb 23, 2024 | $0.4000 |
| Nov 24, 2023 | $0.4000 |
| Aug 25, 2023 | $0.4000 |
| May 25, 2023 | $0.2000 |
| Feb 23, 2023 | $0.2000 |
| Nov 25, 2022 | $0.2000 |
| Aug 25, 2022 | $0.2000 |
| May 24, 2022 | $0.2000 |
| Feb 24, 2022 | $0.2000 |
| Nov 26, 2021 | $0.2000 |
| Aug 25, 2021 | $0.1650 |
| May 25, 2021 | $0.1650 |
| Feb 25, 2021 | $0.1650 |
| Nov 27, 2020 | $0.1500 |
| Aug 28, 2020 | $0.1500 |