Filing Flows › Voya Financial (VOYA) › Q2 2026 › vs Q1 2026
Voya Financial (VOYA) Q2 2026 vs Q1 2026 (quarter over quarter)
Voya Financial's revenue fell $135M (-7%) from $2.0B in Q1 2026 to $1.9B in Q2 2026. Operating margin 1.8% against 11.3% (-9.5 pts).
Voya Financial, Q2 2026: revenue $1.9B (-4% year over year), operating margin 1.8%, net earnings $94.0M, operating cash flow $503M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 1.8% | 11.3% | -9.5 pts |
| Net margin | 5.0% | 9.0% | -4.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | −$135M | -7% |
| Operating profit | $34.0M | $230M | −$196M | -85% |
| Costs & expenses | $1.9B | $1.8B | $61.0M | +3% |
| Pre-tax earnings | $34.0M | $230M | −$196M | -85% |
| Loss borne by minority interests | $76.0M | −$13.0M | $89.0M | — |
| Net earnings | $94.0M | $182M | −$88.0M | -48% |
| Income tax | $16.0M | $35.0M | −$19.0M | -54% |
| Share-based compensation | $24.0M | $35.0M | −$11.0M | -31% |
| Working capital & other | $385M | −$253M | $638M | — |
| Operating cash flow | $503M | −$36.0M | $539M | — |
Questions
How much did Voya Financial's revenue grow quarter over quarter in Q2 2026?
Voya Financial's revenue fell $135M (-7%) from $2.0B in Q1 2026 to $1.9B in Q2 2026. Operating margin 1.8% against 11.3% (-9.5 pts).