Voya Financial Operating Expenses Growth & History (VOYA)
Voya Financial's operating expenses was $3.45B for fiscal 2025.
View full Voya Financial company overviewVoya Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.45B | $365.0M | +11.84% |
| 2024 | 2024-12-31 | $3.08B | −$14.0M | −0.45% |
| 2023 | 2023-12-31 | $3.10B | $554.0M | +21.79% |
| 2022 | 2022-12-31 | $2.54B | −$44.0M | −1.70% |
| 2021 | 2021-12-31 | $2.59B | −$68.0M | −2.56% |
| 2020 | 2020-12-31 | $2.65B | −$99.0M | −3.60% |
| 2019 | 2019-12-31 | $2.75B | $154.0M | +5.93% |
| 2018 | 2018-12-31 | $2.60B | $37.0M | +1.44% |
| 2017 | 2017-12-31 | $2.56B | −$93.0M | −3.50% |
| 2016 | 2016-12-31 | $2.65B | −$29.0M | −1.08% |
| 2015 | 2015-12-31 | $2.68B | −$778.2M | −22.48% |
| 2014 | 2014-12-31 | $3.46B | $775.5M | +28.86% |
| 2013 | 2013-12-31 | $2.69B | −$468.3M | −14.84% |
| 2012 | 2012-12-31 | $3.15B | $124.2M | +4.10% |
| 2011 | 2011-12-31 | $3.03B | — | — |
Voya Financial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $898.0M | $41.0M | +4.78% |
| Q1 2026 | 2026-03-31 | $848.0M | $24.0M | +2.91% |
| Q4 2025 | 2025-12-31 | $937.0M | $181.0M | +23.94% |
| Q3 2025 | 2025-09-30 | $829.0M | $54.0M | +6.97% |
| Q2 2025 | 2025-06-30 | $857.0M | $105.0M | +13.96% |
| Q1 2025 | 2025-03-31 | $824.0M | $25.0M | +3.13% |
| Q4 2024 | 2024-12-31 | $756.0M | −$17.0M | −2.20% |
| Q3 2024 | 2024-09-30 | $775.0M | $58.0M | +8.09% |
| Q2 2024 | 2024-06-30 | $752.0M | −$18.0M | −2.34% |
| Q1 2024 | 2024-03-31 | $799.0M | −$37.0M | −4.43% |
| Q4 2023 | 2023-12-31 | $773.0M | $100.0M | +14.86% |
| Q3 2023 | 2023-09-30 | $717.0M | $85.0M | +13.45% |
| Q2 2023 | 2023-06-30 | $770.0M | $165.0M | +27.27% |
| Q1 2023 | 2023-03-31 | $836.0M | $204.0M | +32.28% |
| Q4 2022 | 2022-12-31 | $673.0M | $37.0M | +5.82% |
| Q3 2022 | 2022-09-30 | $632.0M | −$10.0M | −1.56% |
| Q2 2022 | 2022-06-30 | $605.0M | −$101.0M | −14.31% |
| Q1 2022 | 2022-03-31 | $632.0M | $30.0M | +4.98% |
| Q4 2021 | 2021-12-31 | $636.0M | −$105.0M | −14.17% |
| Q3 2021 | 2021-09-30 | $642.0M | $12.0M | +1.90% |
| Q2 2021 | 2021-06-30 | $706.0M | $63.0M | +9.80% |
| Q1 2021 | 2021-03-31 | $602.0M | −$38.0M | −5.94% |
| Q4 2020 | 2020-12-31 | $741.0M | −$26.0M | −3.39% |
| Q3 2020 | 2020-09-30 | $630.0M | $1.0M | +0.16% |
| Q2 2020 | 2020-06-30 | $643.0M | −$25.0M | −3.74% |
| Q1 2020 | 2020-03-31 | $640.0M | −$49.0M | −7.11% |
| Q4 2019 | 2019-12-31 | $767.0M | $169.0M | +28.26% |
| Q3 2019 | 2019-09-30 | $629.0M | −$27.0M | −4.12% |
| Q2 2019 | 2019-06-30 | $668.0M | $23.0M | +3.57% |
| Q1 2019 | 2019-03-31 | $689.0M | −$11.0M | −1.57% |
| Q4 2018 | 2018-12-31 | $598.0M | $8.0M | +1.36% |
| Q3 2018 | 2018-09-30 | $656.0M | −$18.0M | −2.67% |
| Q2 2018 | 2018-06-30 | $645.0M | $15.0M | +2.38% |
| Q1 2018 | 2018-03-31 | $700.0M | $32.0M | +4.79% |
| Q4 2017 | 2017-12-31 | $590.0M | $95.2M | +19.24% |
| Q3 2017 | 2017-09-30 | $674.0M | −$49.6M | −6.85% |
| Q2 2017 | 2017-06-30 | $630.0M | −$86.4M | −12.06% |
| Q1 2017 | 2017-03-31 | $668.0M | −$52.2M | −7.25% |
| Q4 2016 | 2016-12-31 | $494.8M | $26.0M | +5.55% |
| Q3 2016 | 2016-09-30 | $723.6M | −$4.2M | −0.58% |
| Q2 2016 | 2016-06-30 | $716.4M | −$28.8M | −3.86% |
| Q1 2016 | 2016-03-31 | $720.2M | −$22.0M | −2.96% |
| Q4 2015 | 2015-12-31 | $468.8M | −$678.3M | −59.13% |
| Q3 2015 | 2015-09-30 | $727.8M | −$39.5M | −5.15% |
| Q2 2015 | 2015-06-30 | $745.2M | −$13.1M | −1.73% |
| Q1 2015 | 2015-03-31 | $742.2M | −$47.3M | −5.99% |
| Q4 2014 | 2014-12-31 | $1.15B | $752.5M | +190.70% |
| Q3 2014 | 2014-09-30 | $767.3M | $4.5M | +0.59% |
| Q2 2014 | 2014-06-30 | $758.3M | −$11.9M | −1.55% |
| Q1 2014 | 2014-03-31 | $789.5M | $30.4M | +4.00% |
| Q4 2013 | 2013-12-31 | $394.6M | −$429.5M | −52.12% |
| Q3 2013 | 2013-09-30 | $762.8M | −$96.1M | −11.19% |
| Q2 2013 | 2013-06-30 | $770.2M | $57.6M | +8.08% |
| Q1 2013 | 2013-03-31 | $759.1M | −$300,000 | −0.04% |
| Q4 2012 | 2012-12-31 | $824.1M | — | — |
| Q3 2012 | 2012-09-30 | $858.9M | — | — |
| Q2 2012 | 2012-06-30 | $712.6M | — | — |
| Q1 2012 | 2012-03-31 | $759.4M | — | — |
Voya Financial operating expenses trends
Over the last five fiscal years, Voya Financial's operating expenses increased from $2.65B to $3.45B, a change of $793.0M. The latest reported quarter, Q2 2026, shows $898.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Voya Financial source filings ↗