KPIs & Operating Metrics(New)

Capital One Financial (COF) Operating Expenses (2016 - 2025)

Capital One Financial (COF) has disclosed Operating Expenses for 17 consecutive years, with $9.3 billion as the latest value 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 for Q4 2025 was $9.3 billion at Capital One Financial, up from $8.3 billion in the prior quarter.
  • The five-year high for Operating Expenses was $9.3 billion in Q4 2025, with the low at $3.7 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $5.4 billion, with a median of $4.9 billion recorded in 2022.
  • The sharpest move saw Operating Expenses fell 1.8% in 2023, then skyrocketed 55.49% in 2025.
  • Over 5 years, Operating Expenses stood at $4.7 billion in 2021, then rose by 8.59% to $5.1 billion in 2022, then rose by 12.54% to $5.7 billion in 2023, then rose by 6.51% to $6.1 billion in 2024, then soared by 53.42% to $9.3 billion in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $9.3 billion, $8.3 billion, and $7.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.