KPIs & Operating Metrics(New)

Capital One Financial (COF) Operating Expenses (2016 - 2026)

Capital One Financial has reported Operating Expenses over the past 17 years, most recently at $9.3 billion for Q4 2025.

  • Quarterly Operating Expenses rose 53.42% to $9.3 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $30.5 billion through Dec 2025, up 41.94% year-over-year, with the annual reading at $30.5 billion for FY2025, 41.94% up from the prior year.
  • Operating Expenses was $9.3 billion for Q4 2025 at Capital One Financial, up from $8.3 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $9.3 billion in Q4 2025 and troughed at $3.7 billion in Q1 2021.
  • The 5-year median for Operating Expenses is $4.9 billion (2022), against an average of $5.4 billion.
  • Year-over-year, Operating Expenses decreased 1.8% in 2023 and then soared 55.49% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $4.7 billion in 2021, then grew by 8.59% to $5.1 billion in 2022, then grew by 12.54% to $5.7 billion in 2023, then grew by 6.51% to $6.1 billion in 2024, then skyrocketed by 53.42% to $9.3 billion in 2025.
  • Per Business Quant, the three most recent readings for COF's Operating Expenses are $9.3 billion (Q4 2025), $8.3 billion (Q3 2025), and $7.0 billion (Q2 2025).