Capital One Financial (COF) Operating Expenses (2009 - 2026)

Capital One Financial (COF) has reported Operating Expenses for 18 consecutive years, with $9.0 billion the latest figure, recorded in Q2 2026.

• In Q2 2026, Operating Expenses rose 29.35% year-over-year to $9.0 billion; the TTM figure through Jun 2026 stood at $35.1 billion (up 44.52% YoY), while the FY2025 annual figure was $30.5 billion, up 41.94% from the prior year.
• Operating Expenses improved to $9.0 billion in Q2 2026 per COF's latest filing, from $8.5 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $9.3 billion in Q4 2025 and bottomed at $4.6 billion in Q1 2022.
• Historically, Operating Expenses has averaged $6.1 billion across 5 years, with a median of $5.2 billion in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses decreased 1.8% — and 2025, when it soared 55.49%.
• Capital One Financial's Operating Expenses stood at $5.1 billion in 2022, then advanced by 12.54% to $5.7 billion in 2023, then increased by 6.51% to $6.1 billion in 2024, then surged by 53.42% to $9.3 billion in 2025, then fell by 3.2% to $9.0 billion in 2026.
• Business Quant data shows COF's Operating Expenses at $9.0 billion in Q2 2026, $8.5 billion in Q1 2026, and $9.3 billion in Q4 2025.