Filing Flows › Voya Financial (VOYA) › Q1 2025
Voya Financial (VOYA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Voya Financial (VOYA) reported revenue of $2.0B for the first quarter 2025 (Q1 2025), -4% from a year earlier and -2% from the quarter before. Operating margin was 8.8%, net earnings $156M (7.9% of revenue).
Voya Financial, Q1 2025: revenue $2.0B (-4% year over year), operating margin 8.8%, net earnings $156M, operating cash flow −$179M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | -2% | -4% |
| Operating profit | $173M | +44% | -40% |
| Net earnings | $156M | +61% | -38% |
| Operating cash flow | −$179M | — | — |
What changed
Revenue was $2.0B in Q1 2025, down 4% year over year and down 2% from the previous quarter.
Operating profit was $0.17B, a 8.8% margin (down 5.2 points year over year). Total costs grew 2% against a revenue fall of 4%. Net earnings were $0.16B, down 38% year over year ($0.15B including minority interests, which bore $0.01B of losses). The effective tax rate was 12.7%.
Operating cash flow was −$0.18B. Non-cash charges added back $0.03B of share-based compensation. Working capital and other items used $0.36B.
Questions
What was Voya Financial's revenue in the first quarter 2025?
Voya Financial (VOYA) reported revenue of $2.0B for the first quarter 2025 (Q1 2025), -4% from a year earlier and -2% from the quarter before.
Was Voya Financial profitable in the first quarter 2025?
Operating profit was $173M (8.8% of revenue) and net earnings $156M.
Source: Voya Financial 10-Q on SEC EDGAR.