Voya Financial (VOYA) Revenue & Revenue Breakdown

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Voya Financial Revenue Highlights

Latest Revenue (Y)

$8.05B

Latest Revenue (Q)

$1.84B

Main Segment (Y)

Health Solutions Segment

Voya Financial Revenue by Period

Voya Financial Revenue by Year

Date	Revenue	Change
2024-12-31	$8.05B	9.55%
2023-12-31	$7.35B	24.54%
2022-12-31	$5.90B	81.59%
2021-12-31	$3.25B	-56.06%
2020-12-31	$7.39B	0.85%
2019-12-31	$7.33B	-10.81%
2018-12-31	$8.22B	-4.60%
2017-12-31	$8.62B	-20.07%
2016-12-31	$10.78B	-4.93%
2015-12-31	$11.34B	2.44%
2014-12-31	$11.07B	26.40%
2013-12-31	$8.76B	-8.91%
2012-12-31	$9.62B	-1.06%
2011-12-31	$9.72B	4.79%
2010-12-31	$9.27B	-0.96%
2009-12-31	$9.36B	-

Voya Financial generated $8.05B in revenue during NA 2024, up 9.55% compared to the previous quarter, and up 109.78% compared to the same period a year ago.

Voya Financial Revenue by Quarter

Date	Revenue	Change
2025-06-30	$1.84B	-6.65%
2025-03-31	$1.97B	-2.04%
2024-12-31	$2.01B	2.76%
2024-09-30	$1.96B	-3.79%
2024-06-30	$2.03B	-0.88%
2024-03-31	$2.05B	12.75%
2023-12-31	$1.82B	-0.22%
2023-09-30	$1.82B	-2.57%
2023-06-30	$1.87B	6.55%
2023-03-31	$1.76B	10.37%
2022-12-31	$1.59B	17.42%
2022-09-30	$1.35B	-10.80%
2022-06-30	$1.52B	0.33%
2022-03-31	$1.51B	-1.24%
2021-12-31	$1.53B	-23.69%
2021-09-30	$2.01B	-19.74%
2021-06-30	$2.50B	-227.90%
2021-03-31	$-1.96B	-187.76%
2020-12-31	$2.23B	7.68%
2020-09-30	$2.07B	24.09%
2020-06-30	$1.67B	-0.95%
2020-03-31	$1.69B	142.10%
2019-12-31	$696.00M	-68.89%
2019-09-30	$2.24B	-4.65%
2019-06-30	$2.35B	6.78%
2019-03-31	$2.20B	0.69%
2018-12-31	$2.18B	-3.11%
2018-09-30	$2.25B	6.58%
2018-06-30	$2.11B	7.42%
2018-03-31	$1.97B	55.42%
2017-12-31	$1.27B	-50.37%
2017-09-30	$2.55B	-1.49%
2017-06-30	$2.59B	16.96%
2017-03-31	$2.21B	-13.15%
2016-12-31	$2.55B	0.79%
2016-09-30	$2.53B	-6.21%
2016-06-30	$2.70B	-10.41%
2016-03-31	$3.01B	50.71%
2015-12-31	$2.00B	-46.32%
2015-09-30	$3.72B	24.24%
2015-06-30	$2.99B	14.01%
2015-03-31	$2.63B	4.59%
2014-12-31	$2.51B	-21.32%
2014-09-30	$3.19B	18.27%
2014-06-30	$2.70B	1.02%
2014-03-31	$2.67B	12.98%
2013-12-31	$2.36B	-2.93%
2013-09-30	$2.44B	13.77%
2013-06-30	$2.14B	17.71%
2013-03-31	$1.82B	-17.48%
2012-12-31	$2.20B	-14.06%
2012-09-30	$2.56B	-23.72%
2012-06-30	$3.36B	126.34%
2012-03-31	$1.49B	72.59%
2011-12-31	$860.60M	-76.24%
2011-09-30	$3.62B	-

Voya Financial generated $1.84B in revenue during Q2 2025, up -6.65% compared to the previous quarter, and up 89.61% compared to the same period a year ago.

Voya Financial Revenue Breakdown

Voya Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Investment Management Segment	$1.00B	-	-	-	-
Health Solutions Segment	$3.58B	-	-	-	-
Employee Benefits	-	$2.75B	$2.45B	-	-
Retirement	-	$1.01B	$993.00M	-	-
Corporate Segment	-	$28.00M	$-36.00M	-	-
Investment Management	-	$924.00M	$745.00M	-	-
Distribution Fees	-	-	-	$390.00M	$399.00M

Voya Financial's latest annual revenue breakdown by segment (product or service), as of Dec 24: Health Solutions Segment (78.08%), and Investment Management Segment (21.92%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Retirement	$177.00M	$176.00M	$726.00M	$157.00M	$143.00M	-	$125.00M	$705.00M	$684.00M	$669.00M	$643.00M	$706.00M	$754.00M	$792.00M	$857.00M	$807.00M	$782.00M	$763.00M	$718.00M	$559.00M
Retirement Segment	$824.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate Segment	$1.00M	$6.00M	-	$2.00M	-	$8.00M	$15.00M	$11.00M	$2.00M	$7.00M	-	-	-	-	-	-	-	-	-	-
Investment Management Segment	$239.00M	$243.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee Benefits	$12.00M	$8.00M	$892.00M	$7.00M	$5.00M	$1.20B	$4.00M	$775.00M	$774.00M	$649.00M	$646.00M	$640.00M	$647.00M	$599.00M	$606.00M	$591.00M	$600.00M	$540.00M	$541.00M	$530.00M
Investment Management	$239.00M	$236.00M	$248.00M	$242.00M	$242.00M	$233.00M	$236.00M	$226.00M	$229.00M	$214.00M	$192.00M	$171.00M	$178.00M	$201.00M	$200.00M	$193.00M	$190.00M	$235.00M	$173.00M	$129.00M
Health Solutions Segment	-	$841.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Voya Financial's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Retirement Segment (55.23%), Investment Management Segment (16.02%), Investment Management (16.02%), Retirement (11.86%), Employee Benefits (0.80%), and Corporate Segment (0.07%).

Voya Financial Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LNC	Lincoln National	$18.44B	$4.04B
VOYA	Voya Financial	$8.05B	$1.84B
FCFS	FirstCash	$3.39B	$830.62M
PNFP	Pinnacle Financial Partners	$2.70B	$820.23M
BOKF	BOK Financial	$2.64B	$404.51M
JHG	Janus Henderson Group	$2.47B	$633.20M
CADE	Cadence Bank	$1.84B	$474.23M
CBSH	Commerce Bancshares	$1.47B	$537.25M
OMF	OneMain	$695.00M	$1.54B
AMG	Affiliated Managers Group	-	$493.20M

VOYA Revenue FAQ

What is Voya Financial’s yearly revenue?

Voya Financial's yearly revenue for 2024 was $8.05B, representing an increase of 9.55% compared to 2023. The company's yearly revenue for 2023 was $7.35B, representing an increase of 24.54% compared to 2022. VOYA's yearly revenue for 2022 was $5.9B, representing an increase of 81.59% compared to 2021.

What is Voya Financial’s quarterly revenue?

Voya Financial's quarterly revenue for Q2 2025 was $1.84B, a -6.65% decrease from the previous quarter (Q1 2025), and a -9.59% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $1.97B, a -2.04% decrease from the previous quarter (Q4 2024), and a -4.00% decrease year-over-year (Q1 2024). VOYA's quarterly revenue for Q4 2024 was $2.01B, a 2.76% increase from the previous quarter (Q3 2024), and a 10.50% increase year-over-year (Q4 2023).

What is Voya Financial’s revenue growth rate?

Voya Financial's revenue growth rate for the last 3 years (2022-2024) was 36.44%, and for the last 5 years (2020-2024) was 8.86%.

What are Voya Financial’s revenue streams?

Voya Financial's revenue streams in c 24 are Investment Management Segment, and Health Solutions Segment. Investment Management Segment generated $1B in revenue, accounting 21.92% of the company's total revenue Health Solutions Segment generated $3.58B in revenue, accounting 78.08% of the company's total revenue

What is Voya Financial’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Voya Financial was Health Solutions Segment. This segment made a revenue of $3.58B, representing 78.08% of the company's total revenue.