Voya Financial Inc
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
15. Revenue from Contracts with Customers
- Revenue from Contracts with Customers
Financial services and software subscriptions and services revenue is disaggregated by type of service in the following table:
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Wealth Solutions | ||
| Advisory and recordkeeping and administration | $176 | $143 |
| Distribution and shareholder servicing | 31 | 34 |
| Investment Management | ||
| Advisory, asset management and recordkeeping and administration | 236 | 242 |
| Distribution and shareholder servicing | 36 | 39 |
| Health Solutions | ||
| Recordkeeping and administration | 8 | 5 |
| Software subscriptions and services | 51 | 54 |
| Corporate | ||
| Recordkeeping and administration | — | 2 |
| Total financial services and software subscriptions and services revenue | 538 | 519 |
| Revenue from other sources(1) | 136 | 82 |
| Total Fee income and Other revenue | $674 | $601 |
(1)Primarily consists of revenue from insurance contracts and financial instruments.
Net receivables of $357 and $361 are included in Other assets on the Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 2024, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.