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
DateValue
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%