Filing Flows › Voya Financial (VOYA) › Q3 2025
Voya Financial (VOYA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Voya Financial (VOYA) reported revenue of $2.1B for the third quarter 2025 (Q3 2025), +9% from a year earlier and +7% from the quarter before. Operating margin was 14.4%, net earnings $192M (9.0% of revenue).
Voya Financial, Q3 2025: revenue $2.1B (+9% year over year), operating margin 14.4%, net earnings $192M, operating cash flow $168M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +7% | +9% |
| Operating profit | $307M | +63% | +165% |
| Net earnings | $192M | +16% | +68% |
| Operating cash flow | $168M | -77% | -77% |
What changed
Revenue was $2.1B in Q3 2025, up 9% year over year and up 7% from the previous quarter.
Operating profit was $0.31B, a 14.4% margin (up 8.5 points year over year). Of the extra revenue versus a year earlier, 111% reached operating profit, above the 6% margin then. Total costs fell 1% while revenue rose 9%. Net earnings were $0.19B, up 68% year over year. The effective tax rate was 11.4%.
Operating cash flow was $0.17B (down 77% year over year), 62% of net income including minority interests. Non-cash charges added back $0.01B of share-based compensation. Working capital and other items used $0.11B.
Questions
What was Voya Financial's revenue in the third quarter 2025?
Voya Financial (VOYA) reported revenue of $2.1B for the third quarter 2025 (Q3 2025), +9% from a year earlier and +7% from the quarter before.
Was Voya Financial profitable in the third quarter 2025?
Operating profit was $307M (14.4% of revenue) and net earnings $192M.
Source: Voya Financial 10-Q on SEC EDGAR.