Voya Financial (VOYA) Gross Margin (2012 - 2026)
Voya Financial posted quarterly Gross Margin of 72.23% for Q1 2026, up 164.0% year-on-year from 27.36% in Q1 2025, and up 1.31% on a QoQ basis from 71.29% in Q4 2025.
Voya Financial (VOYA) has 15 years of Gross Margin data on file, last reported 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.
- Across five years, Gross Margin topped out at 122.9% in Q4 2022 and bottomed at 14.45% in Q3 2024.
- The 5-year median for Gross Margin is 35.3% (2023), against an average of 53.47%.
- The widest annual swing landed in 2022, when Gross Margin surged 5924 bps; it then slumped 5620 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 122.9% in 2022, then fell by 3 bps to 119.24% in 2023, then slumped by 47 bps to 63.03% in 2024, then rose by 13 bps to 71.29% in 2025, then gained 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 | 8.88 Bn | 8.01 Bn | 603.27 Mn | 95.97% |
| 2 | Voya Financial | 7.67 Bn | 9.49 Bn | 1.47 Bn | 72.23% |
| 3 | Hilltop Holdings | 2.21 Bn | 2.24 Bn | -2.46 Mn | -211.99% |
| 4 | LendingTree | 507.89 Mn | 422.38 Mn | 88.70 Mn | 27.10% |
| 5 | BRC Group Holdings | 323.63 Mn | 380.44 Mn | 319.70 Mn | 90.81% |
| 6 | Orix | - | - | 5.07 Bn | 86.32% |
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% |
| Mar 31, 2021 | 11.09% |
| Dec 31, 2020 | 71.81% |
| Sep 30, 2020 | 50.75% |
| Jun 30, 2020 | -17.13% |
| Mar 31, 2020 | 64.63% |
| Dec 31, 2019 | 68.23% |
| Sep 30, 2019 | 62.29% |
| Jun 30, 2019 | 66.68% |
| Mar 31, 2019 | 64.64% |
| Dec 31, 2018 | 83.33% |
| Sep 30, 2018 | 53.65% |
| Jun 30, 2018 | 59.91% |
| Mar 31, 2018 | 57.38% |
| Dec 31, 2017 | 93.23% |
| Sep 30, 2017 | 63.78% |
| Jun 30, 2017 | 66.54% |
| Mar 31, 2017 | 63.54% |
| Dec 31, 2016 | 104.66% |
| Sep 30, 2016 | 34.34% |
| Jun 30, 2016 | 49.62% |
| Mar 31, 2016 | 39.06% |
| Dec 31, 2015 | 132.51% |
| Sep 30, 2015 | 47.07% |
| Jun 30, 2015 | 67.70% |
| Mar 31, 2015 | 65.94% |
| Dec 31, 2014 | 58.83% |
| Sep 30, 2014 | 61.37% |
| Jun 30, 2014 | 69.96% |
| Mar 31, 2014 | 67.66% |
| Dec 31, 2013 | 75.16% |
| Sep 30, 2013 | 76.57% |
| Jun 30, 2013 | 66.79% |
| Mar 31, 2013 | 70.28% |
| Dec 31, 2012 | 69.73% |
| Sep 30, 2012 | 77.64% |
| Jun 30, 2012 | 72.49% |
| Mar 31, 2012 | 69.83% |