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Voya Financial VOYA Wealth Solutions — Other Operating Expenses

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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:SupplementaryInsuranceInformationOtherOperatingExpense.

The source filing: Voya Financial’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 4:17 PM EST
Fiscal year
FY2025
Accession
0001535929-26-000043
SegmentNet Investment Income (1)(2)Premiums and Fee Income (1)(2)Interest Credited and Other Benefits to Contract OwnersAmortization of DAC and VOBAOther Operating Expenses(1)(2)Premiums Written (Excluding Life)
2025
Retirement$1,970$1,406$919$110$1,441
Investment Management26992847
Employee Benefits1602,9822,230409702,222
Corporate162(72)21299189
Total$2,318$5,308$3,361$249$3,447$2,222
2024
Retirement$1,735$1,151$834$83$1,261

Item 8. Financial Statements and Supplementary Data

FAQ

What is Voya Financial's wealth solutions — other operating expenses?
Voya Financial (VOYA) reported wealth solutions — other operating expenses of $360.25M in Q4 2025.
How has Voya Financial's wealth solutions — other operating expenses changed year-over-year?
Voya Financial's wealth solutions — other operating expenses increased by 14.3% year-over-year, from $315.25M to $360.25M.
What is the long-term trend for Voya Financial's wealth solutions — other operating expenses?
Over 4 years (2021 to 2025), Voya Financial's wealth solutions — other operating expenses has grown at a 1.1% compound annual growth rate (CAGR), from $1.38B to $1.44B.
What does wealth solutions — other operating expenses mean?
Represents the total non-interest and non-commission operating costs incurred by the Wealth Solutions segment to support business activities. This includes general overhead, technology costs, and support functions necessary for maintaining retirement and investment service operations.

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