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.

• On a quarterly basis, Operating Expenses rose 29.35% year-over-year to $9.0 billion in Q2 2026; TTM through Jun 2026 was $35.1 billion, a 44.52% increase from a year earlier, with the FY2025 full-year figure at $30.5 billion, up 41.94% from the prior year.
• Operating Expenses was $9.0 billion for Q2 2026 at Capital One Financial, up from $8.5 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $9.3 billion in Q4 2025 and troughed at $4.6 billion in Q1 2022.
• A 5-year average of $6.1 billion and a median of $5.2 billion in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses retreated 1.8% in 2023 and surged 55.49% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $5.1 billion in 2022, then rose by 12.54% to $5.7 billion in 2023, then climbed by 6.51% to $6.1 billion in 2024, then soared by 53.42% to $9.3 billion in 2025, then dropped by 3.2% to $9.0 billion in 2026.
• The last three Operating Expenses figures came in at $9.0 billion (Q2 2026), $8.5 billion (Q1 2026), and $9.3 billion (Q4 2025), per Business Quant data.