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

Capital One Financial (COF) has 18 years of Operating Expenses data on file, last reported at $8.5 billion in Q1 2026.

• Operating Expenses for Q1 2026 came in at $8.5 billion, up 43.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $33.1 billion (up 48.58% YoY), and the FY2025 annual result was $30.5 billion, up 41.94% from the prior year.
• Operating Expenses declined to $8.5 billion in Q1 2026 per COF's latest filing, from $9.3 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 $5.9 billion and a median of $5.1 billion in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses decreased 1.8% in 2023, then soared 55.49% in 2025.
• A 5-year view of Operating Expenses shows it stood at $5.1 billion in 2022, then gained by 12.54% to $5.7 billion in 2023, then grew by 6.51% to $6.1 billion in 2024, then jumped by 53.42% to $9.3 billion in 2025, then dropped by 9.4% to $8.5 billion in 2026.
• Business Quant data shows COF's Operating Expenses at $8.5 billion in Q1 2026, $9.3 billion in Q4 2025, and $8.3 billion in Q3 2025.