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Voya Financial VOYA Other — DAC

Other segment segments

Retirement Deferred Group and Individual Annuity
$708M+0.9%
Health Solutions
$218M-2.2%

Similar metrics at other companies

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KKROther — Deferred Acquisition Costs, or "DAC"
$850.33M+64.1%
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KKRInsurance — Deferred Acquisition Costs, or "DAC"
$2.58B+25.3%
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KKRFixed Indexed Annuities — Deferred Acquisition Costs, or "DAC"
$1.13B+24.6%
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KKRFixed Rate Annuities — Deferred Acquisition Costs, or "DAC"
$464.49M-6.9%
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KKRInterest Sensitive Life — Deferred Acquisition Costs, or "DAC"
$129.07M-1.5%
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RGACorporate and Other — Deferred policy acquisition costs and other
$13M-23.5%

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:DeferredPolicyAcquisitionCosts.

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 itemJune 30, 2026December 31, 2025
DAC:
Retirement Deferred and Individual Annuities$708$706
Employee Benefits Voluntary218221
Businesses Exited699744
Other2020
VOBA683710
Total$2,328$2,401

Item 1. Financial Statements

FAQ

What is Voya Financial's other — DAC?
Voya Financial (VOYA) reported other — DAC of $20M in Q2 2026.
How has Voya Financial's other — DAC changed year-over-year?
Voya Financial's other — DAC increased by 11.1% year-over-year, from $18M to $20M.
What is the long-term trend for Voya Financial's other — DAC?
Over 2 years (2023 to 2025), Voya Financial's other — DAC has grown at a -65.5% compound annual growth rate (CAGR), from $620M to $74M.
What does other — DAC mean?
Represents the unamortized balance of costs incurred to acquire new insurance or investment contracts within the company's 'Other' business segment. These costs are capitalized and amortized over the expected life of the related contracts to match expenses with the recognition of revenue. It serves as a key indicator of the long-term investment made in customer acquisition.

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