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

Capital One Financial (COF) has reported Cost of Revenue for 18 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.

• In Q2 2026, Cost of Revenue rose 26.39% year-over-year to $1.7 billion; the TTM figure through Jun 2026 stood at $6.5 billion (up 28.52% YoY), while the FY2025 annual figure was $5.9 billion, up 28.26% from the prior year.
• Cost of Revenue advanced to $1.7 billion in Q2 2026 per COF's latest filing, from $1.5 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.9 billion in Q4 2025 and bottomed at $886.0 million in Q2 2023.
• Historically, Cost of Revenue has averaged $1.2 billion across 5 years, with a median of $1.1 billion in 2022.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 83.23% — and 2023, when it retreated 11.67%.
• Capital One Financial's Cost of Revenue stood at $1.1 billion in 2022, then rose by 12.16% to $1.3 billion in 2023, then advanced by 11.64% to $1.4 billion in 2024, then jumped by 35.71% to $1.9 billion in 2025, then slipped by 10.53% to $1.7 billion in 2026.
• Business Quant data shows COF's Cost of Revenue at $1.7 billion in Q2 2026, $1.5 billion in Q1 2026, and $1.9 billion in Q4 2025.