Voya Q2 2026: Net income falls 89% to $18M as Employee Benefits claims surge

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

• high

  Net income plunged 88.8% to $18.0M ($0.97 diluted EPS, down 41.6%) in Q2 2026, driven by a sharp decline in Employee Benefits segment earnings and lower alternative investment income in Retirement.

  MD&A: Segment Results verify on EDGAR →
• high

  Employee Benefits adjusted operating earnings fell $47M quarter-over-quarter to $22M on less favorable Stop Loss and Voluntary claim developments, reversing a $9M gain in the prior-year period.

  MD&A: Employee Benefits verify on EDGAR →
• high

  Retirement segment adjusted operating earnings declined $45M to $190M, driven by lower alternative investment income and higher expenses from business growth and the OneAmerica acquisition.

  MD&A: Retirement verify on EDGAR →