Voya Financial (VOYA-PB) Gross Margin (2012 - 2026)
Voya Financial (VOYA-PB) reported Gross Margin of 72.23% for Q1 2026, up 164.0% on a YoY basis from 27.36% in Q1 2025, and up 1.31% quarter-over-quarter from 71.29% in Q4 2025.
Voya Financial (VOYA-PB) Gross Margin (2012 - 2026) Analysis & Trends
Voya Financial has reported Gross Margin for 15 years, with the latest figure at 72.23% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 164.0% year-over-year to 72.23%; the trailing twelve-month figure through Mar 2026 stood at 59.28% (up 601.0% YoY), and the FY2025 full-year result was 72.07%, up 471.0% from the prior year.
- Gross Margin for Q1 2026 stood at 72.23%, up from 71.29% in the prior quarter.
- The five-year high for Gross Margin was 122.9% in Q4 2022, with the low at 14.45% in Q3 2024.
- Historically, Gross Margin has averaged 53.47% across 5 years, with a median of 35.3% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin surged 5924 bps — and 2024, when it plunged 5620 bps.
- Voya Financial's Gross Margin stood at 122.9% in 2022, then declined by 3 bps to 119.24% in 2023, then tumbled by 47 bps to 63.03% in 2024, then increased by 13 bps to 71.29% in 2025, then rose by 1 bps to 72.23% in 2026.
- The last three Gross Margin figures came in at 72.23% (Q1 2026), 71.29% (Q4 2025), and 21.97% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Freedom Holding | 8.51 Bn | 7.54 Bn | -1.62 Bn | 101.59% |
| 2 | Voya Financial | 8.23 Bn | 10.05 Bn | 1.47 Bn | 72.23% |
| 3 | Hilltop Holdings | 2.22 Bn | 2.25 Bn | -2.46 Mn | -211.99% |
| 4 | LendingTree | 499.46 Mn | 413.94 Mn | 88.70 Mn | 27.10% |
| 5 | BRC Group Holdings | 266.18 Mn | 322.99 Mn | 319.70 Mn | 90.81% |
| 6 | BRC Group Holdings | - | - | 319.70 Mn | 90.81% |
| 7 | BRC Group Holdings | - | - | 319.70 Mn | 90.81% |
| 8 | BRC Group Holdings | - | - | 319.70 Mn | 90.81% |
| 9 | Orix | - | - | 5.07 Bn | 86.32% |
| 10 | Voya Financial | - | - | 1.47 Bn | 72.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.23% |
| Dec 31, 2025 | 71.29% |
| Sep 30, 2025 | 21.97% |
| Jun 30, 2025 | 24.65% |
| Mar 31, 2025 | 70.59% |
| Dec 31, 2024 | 63.03% |
| Sep 30, 2024 | 14.45% |
| Jun 30, 2024 | 24.30% |
| Mar 31, 2024 | 24.38% |
| Dec 31, 2023 | 119.24% |
| Sep 30, 2023 | 30.94% |
| Jun 30, 2023 | 35.30% |
| Mar 31, 2023 | 72.21% |
| Dec 31, 2022 | 122.90% |
| Sep 30, 2022 | 77.92% |
| Jun 30, 2022 | 31.16% |
| Mar 31, 2022 | 32.40% |
| Dec 31, 2021 | 133.25% |
| Sep 30, 2021 | 18.67% |
| Jun 30, 2021 | 81.74% |