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Voya Financial VOYA Health Solutions — Deferred Policy Acquisition Costs, Amortization Expense

Other segment segments

Retirement Deferred Group and Individual Annuity
$13M-7.1%

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Other financials

Income statement

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Revenue$1.9B-4.3%
Net income$94.0M-43.4%
EPS (diluted)$0.97-41.6%

Balance sheet

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Cash & equivalents$1.1B-17.9%
Total debt$2.1B0.0%
Total equity$4.7B+1.2%
Total assets$182.95B+6.1%

Cash flow

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Operating cash flow$503.0M-32.2%

Valuation

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Market cap$9.08B+28.8%
Enterprise value$10.09B+28.9%
P/E14.9×+1.7×
P/S1.1×+0.2×

Profitability

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Net margin7.4%+0.7pp
FCF margin26.1%

Returns & leverage

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Return on equity13.1%+0.8pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Voya Financial in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The source filing: Voya Financial’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001535929-26-000157
Line itemDAC / Retirement Deferred and Individual AnnuitiesDAC / Employee Benefits VoluntaryVOBA(1)
Balance as of January 1, 2025$701$215$$376
Additions related to business acquisitions390
Deferrals of commissions and expenses59464
Amortization expense(54)(40)(60)
Balance as of December 31, 2025$706$221$$710
Deferrals of commissions and expenses29232
Amortization expense(27)(26)(29)
Balance as of June 30, 2026$708$218$$683

Item 1. Financial Statements

FAQ

What is Voya Financial's health solutions — deferred policy acquisition costs, amortization expense?
Voya Financial (VOYA) reported health solutions — deferred policy acquisition costs, amortization expense of $12M in Q2 2026.
How has Voya Financial's health solutions — deferred policy acquisition costs, amortization expense changed year-over-year?
Voya Financial's health solutions — deferred policy acquisition costs, amortization expense increased by 71.4% year-over-year, from $7M to $12M.
What does health solutions — deferred policy acquisition costs, amortization expense mean?
This represents the periodic charge to the income statement resulting from the systematic amortization of previously capitalized acquisition costs. It reflects the consumption of the asset created by acquiring insurance policies over their expected duration. This expense is critical for understanding the true underlying profitability of the insurance segment.

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