Filing Flows › Voya Financial (VOYA) › Q4 2025
Voya Financial (VOYA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Voya Financial (VOYA) reported revenue of $2.1B for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and -0.8% from the quarter before. Operating margin was 8.0%, net earnings $140M (6.6% of revenue).
Voya Financial, Q4 2025: revenue $2.1B (+5% year over year), operating margin 8.0%, net earnings $140M, operating cash flow $557M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | -0.8% | +5% |
| Operating profit | $169M | -45% | +41% |
| Net earnings | $140M | -27% | +44% |
| Operating cash flow | $557M | +232% | +605% |
What changed
Revenue was $2.1B in Q4 2025, up 5% year over year and down 1% from the previous quarter.
Operating profit was $0.17B, a 8.0% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 49% reached operating profit, above the 6% margin then. Total costs grew 3% against revenue growth of 5%. Net earnings were $0.14B, up 44% year over year. The effective tax rate was 11.8%.
Operating cash flow was $0.56B (up 605% year over year), 374% of net income including minority interests. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.39B.
Questions
What was Voya Financial's revenue in the fourth quarter 2025?
Voya Financial (VOYA) reported revenue of $2.1B for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and -0.8% from the quarter before.
Was Voya Financial profitable in the fourth quarter 2025?
Operating profit was $169M (8.0% of revenue) and net earnings $140M.
Source: Voya Financial 10-K on SEC EDGAR.