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Corebridge Financial vs Voya Financial: revenue, profit, margins and growth compared

Corebridge Financial brought in $18.5B of revenue in fiscal 2025, Voya Financial $8.2B in fiscal 2025. Revenue changed by -1.2% at Corebridge Financial and +1.7% at Voya Financial on the year before, so Voya Financial grew faster. Corebridge Financial kept -2.0% of its revenue as net profit, Voya Financial 8.0%.

Side by side, latest fiscal year

CRBGVOYA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$18.5B$8.2B
Revenue growth-1.2%+1.7%
Net income-$366M$654M
Net margin-2.0%8.0%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)-$0.68$6.29
Cash$453M$1.3B
Debtn/a$2.1B
Price to earningsn/a15.5
Market value$15.5B$8.8B
Dividend yieldn/a1.87%
Rank by revenue in sector#33 of 444 · Finance#67 of 444 · Finance

Over the years

Revenue
CRBG FY2020: $15.1BCRBG FY2022: $23.3BCRBG FY2022: $24.7BCRBG FY2023: $18.8BCRBG FY2024: $18.7BCRBG FY2025: $18.5BVOYA FY2018: $7.2BVOYA FY2019: $7.5BVOYA FY2020: $7.6BVOYA FY2021: $4.2BVOYA FY2022: $5.9BVOYA FY2023: $7.3BVOYA FY2024: $8.1BVOYA FY2025: $8.2BFY18FY19FY20FY21FY22FY23FY24FY25
CRBG $18.5BVOYA $8.2B
Net income
CRBG FY2020: $642MCRBG FY2022: $8.2BCRBG FY2022: $8.2BCRBG FY2023: $1.1BCRBG FY2024: $2.2BCRBG FY2025: -$366MVOYA FY2018: $762MVOYA FY2019: -$360MVOYA FY2020: -$206MVOYA FY2021: $2.4BVOYA FY2022: $510MVOYA FY2023: $625MVOYA FY2024: $667MVOYA FY2025: $654MFY18FY19FY20FY21FY22FY23FY24FY25
CRBG -$366MVOYA $654M
Net margin
CRBG FY2020: 4.3%CRBG FY2022: 35.4%CRBG FY2022: 33.0%CRBG FY2023: 5.9%CRBG FY2024: 11.9%CRBG FY2025: -2.0%VOYA FY2018: 10.6%VOYA FY2019: -4.8%VOYA FY2020: -2.7%VOYA FY2021: 56.8%VOYA FY2022: 8.6%VOYA FY2023: 8.5%VOYA FY2024: 8.3%VOYA FY2025: 8.0%FY18FY19FY20FY21FY22FY23FY24FY25
CRBG -2.0%VOYA 8.0%
Revenue growth
CRBG FY2022: +54.4%CRBG FY2022: +6.2%CRBG FY2023: -23.9%CRBG FY2024: -0.5%CRBG FY2025: -1.2%VOYA FY2019: +4.4%VOYA FY2020: +2.3%VOYA FY2021: -45.4%VOYA FY2022: +42.1%VOYA FY2023: +23.9%VOYA FY2024: +9.6%VOYA FY2025: +1.7%FY19FY20FY21FY22FY23FY24FY25
CRBG -1.2%VOYA +1.7%

Fiscal years as each company reports them; the two may end in different months.

Questions about Corebridge Financial and Voya Financial

Which is bigger by revenue, Corebridge Financial or Voya Financial?

Corebridge Financial is bigger by revenue: $18.5B in fiscal 2025, against $8.2B for Voya Financial in fiscal 2025.

Which keeps more of its revenue as profit, Corebridge Financial or Voya Financial?

Corebridge Financial had a net margin of -2.0% in fiscal 2025; Voya Financial had 8.0% in fiscal 2025.

Which grew revenue faster, Corebridge Financial or Voya Financial?

In their latest fiscal years revenue changed by -1.2% at Corebridge Financial and +1.7% at Voya Financial.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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