Capital One Financial (COF) Research & Development (2009 - 2026)
Capital One Financial (COF) posted quarterly Research & Development of $489.0 million for Q2 2026, up 18.4% year-over-year from $413.0 million in Q2 2025, and down 1.41% quarter-over-quarter from $496.0 million in Q1 2026.
Capital One Financial (COF) Research & Development (2009 - 2026) Analysis & Trends
Capital One Financial (COF) has reported Research & Development for 18 consecutive years, with $489.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 18.4% year-over-year to $489.0 million; the TTM figure through Jun 2026 stood at $1.9 billion (up 23.92% YoY), while the FY2025 annual figure was $1.8 billion, up 21.07% from the prior year.
- Research & Development declined to $489.0 million in Q2 2026 per COF's latest filing, from $496.0 million in the prior quarter.
- Across five years, Research & Development topped out at $496.0 million in Q1 2026 and bottomed at $339.0 million in Q1 2022.
- Historically, Research & Development has averaged $387.7 million across 5 years, with a median of $353.5 million in 2022.
- Annual changes were most pronounced in 2023 — Research & Development declined 1.99% — and 2025, when it jumped 32.96%.
- Capital One Financial's Research & Development stood at $352.0 million in 2022, then slipped by 1.99% to $345.0 million in 2023, then advanced by 15.36% to $398.0 million in 2024, then rose by 21.11% to $482.0 million in 2025, then climbed by 1.45% to $489.0 million in 2026.
- Business Quant data shows COF's Research & Development at $489.0 million in Q2 2026, $496.0 million in Q1 2026, and $482.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 280.00 Mn |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 1.76 Bn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 489.00 Mn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 849.00 Mn |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 248.00 Mn |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 72.85 Mn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 335.54 Mn |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 489.00 Mn |
| Mar 31, 2026 | 496.00 Mn |
| Dec 31, 2025 | 482.00 Mn |
| Sep 30, 2025 | 476.00 Mn |
| Jun 30, 2025 | 413.00 Mn |
| Mar 31, 2025 | 399.00 Mn |
| Dec 31, 2024 | 398.00 Mn |
| Sep 30, 2024 | 358.00 Mn |
| Jun 30, 2024 | 355.00 Mn |
| Mar 31, 2024 | 351.00 Mn |
| Dec 31, 2023 | 345.00 Mn |
| Sep 30, 2023 | 344.00 Mn |
| Jun 30, 2023 | 344.00 Mn |
| Mar 31, 2023 | 350.00 Mn |
| Dec 31, 2022 | 352.00 Mn |
| Sep 30, 2022 | 349.00 Mn |
| Jun 30, 2022 | 339.00 Mn |
| Mar 31, 2022 | 339.00 Mn |
| Dec 31, 2021 | 326.00 Mn |
| Sep 30, 2021 | 319.00 Mn |