​

Voya Financial (VOYA) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Voya Financial Revenue Highlights

Latest Revenue (Y)

$7.35B

Latest Revenue (Q)

$1.83B

Main Segment (Y)

Employee Benefits

Voya Financial Revenue by Period

Voya Financial Revenue by Year

DateRevenueChange
2023-12-31$7.35B24.54%
2022-12-31$5.90B81.59%
2021-12-31$3.25B-56.06%
2020-12-31$7.39B0.85%
2019-12-31$7.33B-10.81%
2018-12-31$8.22B-4.60%
2017-12-31$8.62B-20.07%
2016-12-31$10.78B-4.93%
2015-12-31$11.34B2.44%
2014-12-31$11.07B26.40%
2013-12-31$8.76B-8.91%
2012-12-31$9.62B-1.06%
2011-12-31$9.72B4.79%
2010-12-31$9.27B-0.96%
2009-12-31$9.36B-

Voya Financial generated $7.35B in revenue during NA 2023, up 24.54% compared to the previous quarter, and up 89.37% compared to the same period a year ago.

Voya Financial Revenue by Quarter

DateRevenueChange
2024-09-30$1.83B-10.08%
2024-06-30$2.03B-0.88%
2024-03-31$2.05B12.75%
2023-12-31$1.82B-0.22%
2023-09-30$1.82B5.62%
2023-06-30$1.73B-1.71%
2023-03-31$1.76B10.37%
2022-12-31$1.59B1069.85%
2022-09-30$136.00M-90.31%
2022-06-30$1.40B-7.27%
2022-03-31$1.51B-1.24%
2021-12-31$1.53B-11.59%
2021-09-30$1.73B-10.85%
2021-06-30$1.95B-199.39%
2021-03-31$-1.96B-195.14%
2020-12-31$2.06B6.53%
2020-09-30$1.93B11.55%
2020-06-30$1.73B3.65%
2020-03-31$1.67B-6.29%
2019-12-31$1.78B-18.78%
2019-09-30$2.19B-3.73%
2019-06-30$2.28B3.97%
2019-03-31$2.19B4.93%
2018-12-31$2.09B-7.24%
2018-09-30$2.25B13.34%
2018-06-30$1.99B1.58%
2018-03-31$1.96B54.55%
2017-12-31$1.27B-50.37%
2017-09-30$2.55B-1.49%
2017-06-30$2.59B16.96%
2017-03-31$2.21B-13.15%
2016-12-31$2.55B0.79%
2016-09-30$2.53B-6.21%
2016-06-30$2.70B-10.41%
2016-03-31$3.01B50.71%
2015-12-31$2.00B-46.32%
2015-09-30$3.72B24.24%
2015-06-30$2.99B14.01%
2015-03-31$2.63B4.59%
2014-12-31$2.51B-21.32%
2014-09-30$3.19B18.27%
2014-06-30$2.70B1.02%
2014-03-31$2.67B12.98%
2013-12-31$2.36B-2.93%
2013-09-30$2.44B13.77%
2013-06-30$2.14B17.71%
2013-03-31$1.82B-17.48%
2012-12-31$2.20B-14.06%
2012-09-30$2.56B-23.72%
2012-06-30$3.36B126.34%
2012-03-31$1.49B72.59%
2011-12-31$860.60M-76.24%
2011-09-30$3.62B-

Voya Financial generated $1.83B in revenue during Q3 2024, up -10.08% compared to the previous quarter, and up 105.91% compared to the same period a year ago.

Voya Financial Revenue Breakdown

Voya Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Corporate Segment$28.00M$-36.00M---
Employee Benefits$2.75B$2.45B---
Investment Management$924.00M$745.00M---
Retirement$1.01B$993.00M---
Distribution Fees--$390.00M$399.00M$438.00M

Voya Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Employee Benefits (58.38%), Retirement (21.39%), Investment Management (19.63%), and Corporate Segment (0.59%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Employee Benefits$892.00M$7.00M$5.00M$1.20B$4.00M$775.00M$774.00M$649.00M$646.00M$640.00M$647.00M$599.00M$606.00M$591.00M$600.00M$540.00M$541.00M$530.00M$543.00M$500.00M
Retirement$726.00M$157.00M$143.00M-$125.00M$705.00M$684.00M$669.00M$643.00M$706.00M$754.00M$792.00M$857.00M$807.00M$782.00M$763.00M$718.00M$559.00M$677.00M$701.00M
Corporate Segment$6.00M-$2.00M-$8.00M$15.00M$11.00M$2.00M$7.00M$11.00M----------
Investment Management$248.00M$242.00M$242.00M$233.00M$236.00M$226.00M$229.00M$214.00M$192.00M$171.00M$178.00M$201.00M$200.00M$193.00M$190.00M$235.00M$173.00M$129.00M$166.00M$197.00M

Voya Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Employee Benefits (47.65%), Retirement (38.78%), Investment Management (13.25%), and Corporate Segment (0.32%).

Voya Financial Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
VOYAVoya Financial$7.35B$1.83B
RILYB. Riley Financial$1.56B$332.26M
TREELendingTree$672.50M$167.77M

VOYA Revenue FAQ

What is Voya Financial’s yearly revenue?

Voya Financial's yearly revenue for 2023 was $7.35B, representing an increase of 24.54% compared to 2022. The company's yearly revenue for 2022 was $5.9B, representing an increase of 81.59% compared to 2021. VOYA's yearly revenue for 2021 was $3.25B, representing a decrease of -56.06% compared to 2020.

What is Voya Financial’s quarterly revenue?

Voya Financial's quarterly revenue for Q3 2024 was $1.83B, a -10.08% decrease from the previous quarter (Q2 2024), and a 0.27% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.03B, a -0.88% decrease from the previous quarter (Q1 2024), and a 17.79% increase year-over-year (Q2 2023). VOYA's quarterly revenue for Q1 2024 was $2.05B, a 12.75% increase from the previous quarter (Q4 2023), and a 16.80% increase year-over-year (Q1 2023).

What is Voya Financial’s revenue growth rate?

Voya Financial's revenue growth rate for the last 3 years (2021-2023) was 126.16%, and for the last 5 years (2019-2023) was 0.20%.

What are Voya Financial’s revenue streams?

Voya Financial's revenue streams in c 23 are Corporate Segment, Employee Benefits, Investment Management, and Retirement. Corporate Segment generated $28M in revenue, accounting 0.59% of the company's total revenue, down -177.78% year-over-year. Employee Benefits generated $2.75B in revenue, accounting 58.38% of the company's total revenue, up 11.98% year-over-year. Investment Management generated $924M in revenue, accounting 19.63% of the company's total revenue, up 24.03% year-over-year. Retirement generated $1.01B in revenue, accounting 21.39% of the company's total revenue, up 1.41% year-over-year.

What is Voya Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Voya Financial was Employee Benefits. This segment made a revenue of $2.75B, representing 58.38% of the company's total revenue.