Capital One Financial (COF) Cost of Revenue (2009 - 2026)

Capital One Financial (COF) has 18 years of Cost of Revenue data on file, last reported at $1.5 billion in Q1 2026.

• Quarterly Cost of Revenue rose 24.79% year-over-year to $1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.2 billion (up 27.73% YoY) and the FY2025 annual result came in at $5.9 billion, up 28.26% from the prior year.
• Cost of Revenue eased to $1.5 billion in Q1 2026 per COF's latest filing, from $2.0 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.0 billion in Q4 2025 and bottomed at $886.0 million in Q2 2023.
• The 5-year median for Cost of Revenue is $1.1 billion (2022), against an average of $1.2 billion.
• The widest annual swing landed in 2022, when Cost of Revenue surged 83.23%; it then declined 11.67% in 2023.
• Tracing COF's Cost of Revenue over 5 years: stood at $1.1 billion in 2022, then advanced by 13.08% to $1.2 billion in 2023, then advanced by 12.45% to $1.4 billion in 2024, then surged by 39.29% to $2.0 billion in 2025, then dropped by 23.08% to $1.5 billion in 2026.
• Per Business Quant, the three latest COF Cost of Revenue figures stand at $1.5 billion (Q1 2026), $2.0 billion (Q4 2025), and $1.4 billion (Q3 2025).