Wednesday 4 November 2026 Export VOYA’s income statement to Excel — free account

Voya Financial, Inc.

Voya Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, up 1.73% from fiscal 2024.

Revenue: −4.84%
EPS: +17.6%
Free cash flow: −32.2%
Total debt: −1.26%

Quarter to September 2026, against a year earlier

104.46 1.35 +1.31%

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Market cap: $9.3B
P/E: 16.5×
Fwd P/E: 12.3×
Dividend yield: 1.80%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Voya Financial, Inc. (VOYA) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2016: revenue by segment, and margins
Retirement Deferred Group and Individual Annuity	3,257	37.06%
Individual Life	2,528	28.77%
Employee Benefits	1,616	18.39%
Investment Management	627	7.13%
Corporate	451	5.13%
Other, not broken out	309	3.52%
Gross margin		39.53%
Operating margin		0.11%
Pre-tax margin		0.11%

Revenue by segment $m

Line	FY2016	FY2015	FY2013	FY2012	FY2011
Retirement Deferred Group and Individual Annuity	3,257 37.06%	2,994 34.35%	—	—	—
Individual Life	2,528 28.77%	2,617 30.03%	—	—	—
Employee Benefits	1,616 18.39%	1,507 17.29%	—	—	—
Investment Management	627 7.13%	622 7.14%	—	546 5.67%	492 5.06%
Corporate	451 5.13%	497 5.70%	87 1.00%	66 0.69%	(14) (0.14%)
Operating Segments	—	—	8,306 94.86%	8,170 84.96%	8,150 83.86%
Closed Blocks	—	—	—	171 1.78%	240 2.47%
Other, not broken out	309 3.52%	479 5.50%	363 4.15%	663 6.90%	850 8.75%
Revenue	8,788	8,716	8,757	9,615	9,719

Operating income by segment $m, and margin

	FY2016	FY2015	FY2013	FY2012	FY2011
Retirement Deferred Group and Individual Annuity	‡	‡	‡	‡	‡
Investment Management	‡	‡	‡	‡	‡
Employee Benefits	‡	‡	‡	‡	‡
Individual Life	‡	‡	‡	‡	‡
Corporate	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Annualized in-force premiums and fees	Q3 FY2026	$3.5B	$3.7B	−5.41%
Investment Management assets under management	Q3 FY2026	$363.0B	$366.0B	−0.82%
Investment Management net inflows	Q3 FY2026	$1.4B	$3.9B	−64.10%
Total client assets	Q3 FY2026	$878.0B	$785.0B	+11.85%
Total client assets growth	Q3 FY2026	12.0%	29.0%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023
Annualized in-force premiums and fees	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Investment Management assets under management	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Investment Management net inflows	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total client assets	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total client assets growth	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.