Capital One Financial (COF-PK) Operating Expenses (2009 - 2026)
Capital One Financial (COF-PK) reported Operating Expenses of $8.5 billion for Q1 2026, up 43.41% year-over-year from $5.9 billion in Q1 2025, and down 9.4% quarter-over-quarter from $9.3 billion in Q4 2025.
Capital One Financial (COF-PK) Operating Expenses (2009 - 2026) Analysis & Trends
Capital One Financial (COF-PK) has 18 years of Operating Expenses data on file, last reported at $8.5 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $8.5 billion, up 43.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $33.1 billion (up 48.58% YoY), and the FY2025 annual result was $30.5 billion, up 41.94% from the prior year.
- Operating Expenses declined to $8.5 billion in Q1 2026 per COF-PK's latest filing, from $9.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $9.3 billion in Q4 2025 and troughed at $4.6 billion in Q1 2022.
- A 5-year average of $5.9 billion and a median of $5.1 billion in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses decreased 1.8% in 2023, then soared 55.49% in 2025.
- A 5-year view of Operating Expenses shows it stood at $5.1 billion in 2022, then gained by 12.54% to $5.7 billion in 2023, then grew by 6.51% to $6.1 billion in 2024, then jumped by 53.42% to $9.3 billion in 2025, then dropped by 9.4% to $8.5 billion in 2026.
- Business Quant data shows COF-PK's Operating Expenses at $8.5 billion in Q1 2026, $9.3 billion in Q4 2025, and $8.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 4.00 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 3.49 Bn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 13.88 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 8.46 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 6.87 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 1.32 Bn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 950.34 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 891.92 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 1.24 Bn |
| 10 | Capital One Financial | - | - | - | 8.46 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.46 Bn |
| Dec 31, 2025 | 9.34 Bn |
| Sep 30, 2025 | 8.26 Bn |
| Jun 30, 2025 | 6.99 Bn |
| Mar 31, 2025 | 5.90 Bn |
| Dec 31, 2024 | 6.09 Bn |
| Sep 30, 2024 | 5.31 Bn |
| Jun 30, 2024 | 4.95 Bn |
| Mar 31, 2024 | 5.14 Bn |
| Dec 31, 2023 | 5.72 Bn |
| Sep 30, 2023 | 4.86 Bn |
| Jun 30, 2023 | 4.79 Bn |
| Mar 31, 2023 | 4.95 Bn |
| Dec 31, 2022 | 5.08 Bn |
| Sep 30, 2022 | 4.95 Bn |
| Jun 30, 2022 | 4.58 Bn |
| Mar 31, 2022 | 4.55 Bn |
| Dec 31, 2021 | 4.68 Bn |
| Sep 30, 2021 | 4.19 Bn |
| Jun 30, 2021 | 3.97 Bn |