VOYA — what changed in the latest 10-Q
A section-by-section comparison of VOYA's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-06 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +85 | −56 | ~52 | 143 |
| Market risk (Item 3) | Text added/removed | +2 | −1 | ~4 | 7 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Other information | Text added/removed | +3 | −1 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-06
Consolidated - Three Months Ended June 30, 2026 Compared to Three Months Ended June 30, 2025
Total revenues decreased $85 million from $1,981 million to $1,896 million. The following items contributed to the overall decrease.
Net investment income decreased $47 million from $584 million to $537 million primarily due to:
•higher investment income on fixed maturity securities primarily due to prepayments and actions to improve the portfolio yield.
Fee income increased $43 million from $577 million to $620 million primarily due to:
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Net income (loss) available to our common shareholders$165 $139 $26
Consolidated - Three Months Ended March 31, 2026 Compared to Three Months Ended March 31, 2025
Total revenues increased $62 million from $1,969 million to $2,031 million. The following items contributed to the overall increase.
Net investment income increased $9 million from $560 million to $569 million primarily due to:
•overall market impacts to limited partnership valuations; and
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-06
change in value that could result from non-parallel shifts in the yield curve. As a result, the actual change in fair value from a 100 basis point change in interest rates could be different from that indicated by these calculations.
The following table summarizes the net estimated potential change in fair value from hypothetical 100 basis point upward and downward shifts in interest rates as of June 30, 2026:
Text removed vs the prior filing · source: 10-Q · 2026-05-07
The following table summarizes the net estimated potential change in fair value from hypothetical 100 basis point upward and downward shifts in interest rates as of March 31, 2026:
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-06
During the three months ended June 30, 2026, one of the Company's officers (as defined in Rule 16a-1(f)) adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The officer adopted this plan to cover the sale of up to the number of shares of the Company's sto…
Name and title of director or officerDate of adoption of trading arrangementDuration of trading arrangementAggregate number of securities to be sold under trading arrangement
Santhosh Keshavan, EVP and Chief Technology & Operations Officer
Text removed vs the prior filing · source: 10-Q · 2026-05-07
During the three months ended March 31, 2026, none of the Company's directors and officers (as defined in Rule 16a-1(f)) adopted or terminated any trading plans intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice