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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.

Voya Financial: what changed, Q2 2026 vs Q1 2026Voya Financial: what changed, Q2 2026 vs Q1 2026Working capital & other$638MOperating cash flow$539MOperating profit−$196MPre-tax earnings−$196MLoss borne by minority intere…$89.0MNet earnings−$88.0MCosts & expenses$61.0MIncome tax−$19.0MShare-based compensation−$11.0M

Margins

Q2 2026Q1 2026Change
Operating margin1.8%11.3%-9.5 pts
Net margin5.0%9.0%-4.0 pts

Every line

LineQ2 2026Q1 2026Change%
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).

Q2 2026 results → · Compare in the interactive Sankey →