Filing Flows › Voya Financial (VOYA) › Q2 2025
Voya Financial (VOYA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Voya Financial (VOYA) reported revenue of $2.0B for the second quarter 2025 (Q2 2025), -3% from a year earlier and +0.6% from the quarter before. Operating margin was 9.5%, net earnings $166M (8.4% of revenue).
Voya Financial, Q2 2025: revenue $2.0B (-3% year over year), operating margin 9.5%, net earnings $166M, operating cash flow $742M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +0.6% | -3% |
| Operating profit | $188M | +9% | -32% |
| Net earnings | $166M | +6% | -19% |
| Operating cash flow | $742M | — | +135% |
What changed
Revenue was $2.0B in Q2 2025, down 3% year over year and up 1% from the previous quarter.
Operating profit was $0.19B, a 9.5% margin (down 4.1 points year over year). Total costs grew 2% against a revenue fall of 3%. Net earnings were $0.17B, down 19% year over year ($0.16B including minority interests, which bore $0.01B of losses). The effective tax rate was 14.4%.
Operating cash flow was $0.74B (up 135% year over year), 461% of net income including minority interests. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.56B.
Questions
What was Voya Financial's revenue in the second quarter 2025?
Voya Financial (VOYA) reported revenue of $2.0B for the second quarter 2025 (Q2 2025), -3% from a year earlier and +0.6% from the quarter before.
Was Voya Financial profitable in the second quarter 2025?
Operating profit was $188M (9.5% of revenue) and net earnings $166M.
Source: Voya Financial 10-Q on SEC EDGAR.