Capital One Financial (COF) Research & Development (2009 - 2026)

Capital One Financial (COF) reported Research & Development of $496.0 million for Q1 2026, up 24.31% year-over-year from $399.0 million in Q1 2025, and up 2.9% on a QoQ basis from $482.0 million in Q4 2025.

Capital One Financial (COF) Research & Development (2009 - 2026) Analysis & Trends

Capital One Financial (COF) has 18 years of Research & Development data on file, last reported at $496.0 million in Q1 2026.

  • Quarterly Research & Development rose 24.31% year-over-year to $496.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 23.64% YoY) and the FY2025 annual result came in at $1.8 billion, up 21.07% from the prior year.
  • Research & Development rose to $496.0 million in Q1 2026 per COF's latest filing, from $482.0 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.
  • The 5-year median for Research & Development is $352.0 million (2022), against an average of $381.8 million.
  • The widest annual swing landed in 2023, when Research & Development slipped 1.99%; it then surged 32.96% in 2025.
  • Tracing COF's Research & Development over 5 years: stood at $352.0 million in 2022, then fell by 1.99% to $345.0 million in 2023, then increased by 15.36% to $398.0 million in 2024, then climbed by 21.11% to $482.0 million in 2025, then advanced by 2.9% to $496.0 million in 2026.
  • Per Business Quant, the three latest COF Research & Development figures stand at $496.0 million (Q1 2026), $482.0 million (Q4 2025), and $476.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 539.53 Bn 527.13 Bn - 260.00 Mn
2 Mastercard 441.81 Bn 431.60 Bn - -
3 American Express 215.01 Bn 160.96 Bn 17.43 Bn 1.59 Bn
4 Capital One Financial 114.99 Bn 38.50 Bn - 496.00 Mn
5 PayPal Holdings 41.29 Bn 31.95 Bn 7.84 Bn 793.00 Mn
6 Affirm Holdings 24.62 Bn 22.89 Bn 261.64 Mn -
7 Synchrony Financial 24.22 Bn 3.66 Bn - 262.00 Mn
8 SoFi Technologies 23.71 Bn 20.31 Bn 929.25 Mn 187.68 Mn
9 Ally Financial 13.13 Bn 12.69 Bn 1.98 Bn -
10 Credit Acceptance 6.46 Bn 6.44 Bn 562.70 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 315.00 Mn