Voya Financial (VOYA) Gross Margin (2012 - 2026)
Voya Financial's (VOYA) quarterly Gross Margin came in at 72.23% in Q1 2026, up 164.0% YoY from 27.36% in Q1 2025, and up 303.83% on a QoQ basis from 17.89% in Q4 2025.
Voya Financial (VOYA) Gross Margin (2012 - 2026) Analysis & Trends
Voya Financial (VOYA) has 15 years of Gross Margin data on file, last reported at 72.23% in Q1 2026.
- Quarterly Gross Margin rose 164.0% year-over-year to 72.23% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 66.97% (up 551.0% YoY) and the FY2025 annual result came in at 21.46%, up 418.0% from the prior year.
- Gross Margin climbed to 72.23% in Q1 2026, from 17.89% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 122.9% in Q4 2022 to a low of 5.95% in Q4 2024.
- A 5-year average of 61.48% and a median of 70.59% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin soared 6162 bps — and 2024, when it tumbled 11329 bps.
- Tracing VOYA's Gross Margin over 5 years: stood at 122.9% in 2022, then declined by 3 bps to 119.24% in 2023, then sank by 95 bps to 5.95% in 2024, then soared by 201 bps to 17.89% in 2025, then jumped by 304 bps to 72.23% in 2026.
- The last three Gross Margin figures came in at 72.23% (Q1 2026), 17.89% (Q4 2025), and 73.64% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 41.94 Bn | 28.12 Bn | 4.68 Bn | 85.10% |
| 2 | Freedom Holding | 9.87 Bn | 9.87 Bn | 697.28 Mn | 95.19% |
| 3 | Voya Financial | 8.86 Bn | 6.51 Bn | 1.34 Bn | 70.46% |
| 4 | Hilltop Holdings | 2.23 Bn | 240.07 Mn | 41.62 Mn | 94.17% |
| 5 | LendingTree | 427.47 Mn | 316.70 Mn | 88.82 Mn | 28.34% |
| 6 | BRC Group Holdings | 263.92 Mn | 109.81 Mn | 207.76 Mn | 86.88% |
| 7 | Teamshares | 62.05 Mn | 62.05 Mn | 61.42 Mn | 41.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.46% |
| Mar 31, 2026 | 72.23% |
| Dec 31, 2025 | 17.89% |
| Sep 30, 2025 | 73.64% |
| Jun 30, 2025 | 72.69% |
| Mar 31, 2025 | 70.59% |
| Dec 31, 2024 | 5.95% |
| Sep 30, 2024 | 65.18% |
| Jun 30, 2024 | 70.59% |
| Mar 31, 2024 | 24.38% |
| Dec 31, 2023 | 119.24% |
| Sep 30, 2023 | 30.94% |
| Jun 30, 2023 | 76.59% |
| Mar 31, 2023 | 25.55% |
| Dec 31, 2022 | 122.90% |
| Sep 30, 2022 | 50.99% |
| Jun 30, 2022 | 73.03% |
| Mar 31, 2022 | 72.71% |
| Dec 31, 2021 | 200.36% |
| Sep 30, 2021 | 76.80% |