Voya Financial (VOYA) Cost of Revenue (2012 - 2026)
Voya Financial posted quarterly Cost of Revenue of $564.0 million for Q1 2026, down 2.59% year-on-year from $579.0 million in Q1 2025, and down 6.93% on a QoQ basis from $606.0 million in Q4 2025.
Voya Financial (VOYA) has 15 years of Cost of Revenue data on file, last reported at $564.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 2.59% year-over-year to $564.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.3 billion (down 12.65% YoY), and the FY2025 full-year result was $2.3 billion, down 12.94% from the prior year.
- Cost of Revenue for Q1 2026 stood at $564.0 million, down from $606.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $743.0 million in Q4 2024 and bottomed at $297.0 million in Q3 2022.
- The 5-year median for Cost of Revenue is $541.0 million (2023), against an average of $529.6 million.
- Peak annual rise in Cost of Revenue reached 261.37% in 2022, while the deepest fall reached 90.73% in 2022.
- A 5-year view of Cost of Revenue shows it stood at $447.0 million in 2022, then gained by 21.03% to $541.0 million in 2023, then jumped by 37.34% to $743.0 million in 2024, then retreated by 18.44% to $606.0 million in 2025, then declined by 6.93% to $564.0 million in 2026.
- The last three Cost of Revenue figures came in at $564.0 million (Q1 2026), $606.0 million (Q4 2025), and $561.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Freedom Holding | 8.88 Bn | 8.01 Bn | 603.27 Mn | 25.35 Mn |
| 2 | Voya Financial | 7.67 Bn | 9.49 Bn | 1.47 Bn | 564.00 Mn |
| 3 | Hilltop Holdings | 2.21 Bn | 2.24 Bn | -2.46 Mn | 3.62 Mn |
| 4 | LendingTree | 507.89 Mn | 422.38 Mn | 88.70 Mn | 238.57 Mn |
| 5 | BRC Group Holdings | 323.63 Mn | 380.44 Mn | 319.70 Mn | 32.37 Mn |
| 6 | Orix | - | - | 5.07 Bn | 804.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 564.00 Mn |
| Mar 31, 2026 | 564.00 Mn |
| Dec 31, 2025 | 606.00 Mn |
| Dec 31, 2025 | 606.00 Mn |
| Sep 30, 2025 | 561.00 Mn |
| Sep 30, 2025 | 561.00 Mn |
| Jun 30, 2025 | 541.00 Mn |
| Jun 30, 2025 | 541.00 Mn |
| Mar 31, 2025 | 579.00 Mn |
| Mar 31, 2025 | 579.00 Mn |
| Dec 31, 2024 | 743.00 Mn |
| Dec 31, 2024 | 743.00 Mn |
| Sep 30, 2024 | 681.00 Mn |
| Sep 30, 2024 | 681.00 Mn |
| Jun 30, 2024 | 598.00 Mn |
| Jun 30, 2024 | 598.00 Mn |
| Mar 31, 2024 | 605.00 Mn |
| Mar 31, 2024 | 605.00 Mn |
| Dec 31, 2023 | 541.00 Mn |
| Dec 31, 2023 | 541.00 Mn |
| Sep 30, 2023 | 471.00 Mn |
| Sep 30, 2023 | 471.00 Mn |
| Jun 30, 2023 | 438.00 Mn |
| Jun 30, 2023 | 438.00 Mn |
| Mar 31, 2023 | 510.00 Mn |
| Mar 31, 2023 | 510.00 Mn |
| Dec 31, 2022 | 447.00 Mn |
| Dec 31, 2022 | 447.00 Mn |
| Sep 30, 2022 | 297.00 Mn |
| Sep 30, 2022 | 297.00 Mn |
| Jun 30, 2022 | 411.00 Mn |
| Jun 30, 2022 | 411.00 Mn |
| Mar 31, 2022 | 411.00 Mn |
| Mar 31, 2022 | 411.00 Mn |
| Dec 31, 2021 | -277.00 Mn |
| Dec 31, 2021 | -277.00 Mn |
| Sep 30, 2021 | 466.00 Mn |
| Sep 30, 2021 | 466.00 Mn |
| Jun 30, 2021 | 457.00 Mn |
| Jun 30, 2021 | 457.00 Mn |
| Mar 31, 2021 | 4.43 Bn |
| Mar 31, 2021 | 4.43 Bn |
| Dec 31, 2020 | 627.00 Mn |
| Dec 31, 2020 | 627.00 Mn |
| Sep 30, 2020 | 1.02 Bn |
| Sep 30, 2020 | 1.02 Bn |
| Jun 30, 2020 | 711.00 Mn |
| Jun 30, 2020 | 711.00 Mn |
| Mar 31, 2020 | 596.00 Mn |
| Mar 31, 2020 | 596.00 Mn |
| Dec 31, 2019 | 575.00 Mn |
| Dec 31, 2019 | 575.00 Mn |
| Sep 30, 2019 | 707.00 Mn |
| Sep 30, 2019 | 707.00 Mn |
| Jun 30, 2019 | 656.00 Mn |
| Jun 30, 2019 | 656.00 Mn |
| Mar 31, 2019 | 645.00 Mn |
| Mar 31, 2019 | 645.00 Mn |
| Dec 31, 2018 | 85.00 Mn |
| Dec 31, 2018 | 85.00 Mn |
| Sep 30, 2018 | 876.00 Mn |
| Sep 30, 2018 | 876.00 Mn |
| Jun 30, 2018 | 706.00 Mn |
| Jun 30, 2018 | 706.00 Mn |
| Mar 31, 2018 | 708.00 Mn |
| Mar 31, 2018 | 708.00 Mn |
| Dec 31, 2017 | 148.00 Mn |
| Dec 31, 2017 | 148.00 Mn |
| Sep 30, 2017 | 791.00 Mn |
| Sep 30, 2017 | 791.00 Mn |
| Jun 30, 2017 | 733.00 Mn |
| Jun 30, 2017 | 733.00 Mn |
| Mar 31, 2017 | 750.00 Mn |
| Mar 31, 2017 | 750.00 Mn |
| Dec 31, 2016 | -108.30 Mn |
| Dec 31, 2016 | -108.30 Mn |
| Sep 30, 2016 | 1.39 Bn |
| Sep 30, 2016 | 1.39 Bn |
| Jun 30, 2016 | 1.05 Bn |
| Jun 30, 2016 | 1.05 Bn |
| Mar 31, 2016 | 1.38 Bn |
| Mar 31, 2016 | 1.38 Bn |
| Dec 31, 2015 | -641.30 Mn |
| Dec 31, 2015 | -641.30 Mn |
| Sep 30, 2015 | 1.96 Bn |
| Sep 30, 2015 | 1.96 Bn |
| Jun 30, 2015 | 958.80 Mn |
| Jun 30, 2015 | 958.80 Mn |
| Mar 31, 2015 | 887.00 Mn |
| Mar 31, 2015 | 887.00 Mn |
| Dec 31, 2014 | 1.04 Bn |
| Dec 31, 2014 | 1.04 Bn |
| Sep 30, 2014 | 1.23 Bn |
| Sep 30, 2014 | 1.23 Bn |
| Jun 30, 2014 | 811.20 Mn |
| Jun 30, 2014 | 811.20 Mn |
| Mar 31, 2014 | 865.00 Mn |
| Mar 31, 2014 | 865.00 Mn |
| Dec 31, 2013 | 587.20 Mn |
| Dec 31, 2013 | 587.20 Mn |
| Sep 30, 2013 | 570.70 Mn |
| Sep 30, 2013 | 570.70 Mn |
| Jun 30, 2013 | 711.00 Mn |
| Jun 30, 2013 | 711.00 Mn |
| Mar 31, 2013 | 540.50 Mn |
| Mar 31, 2013 | 540.50 Mn |
| Dec 31, 2012 | 667.20 Mn |
| Dec 31, 2012 | 667.20 Mn |
| Sep 30, 2012 | 573.40 Mn |
| Sep 30, 2012 | 573.40 Mn |
| Jun 30, 2012 | 924.80 Mn |
| Jun 30, 2012 | 924.80 Mn |
| Mar 31, 2012 | 448.10 Mn |
| Mar 31, 2012 | 448.10 Mn |