Capital One Financial Corporation
Financial ServicesNYSE:COF · New York Stock Exchange
+$2.69 today
Vol 3.83M · Avg 4.67M
Income Statement
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Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$75.2B of revenue converted into $3.2B of net income for the selected period. Gross margin is 46.6% and net margin is 3.0%, showing how much revenue survives after costs and taxes. EPS is $2.85, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $69.3B +28.4% | $53.9B +9.0% | $49.5B +29.0% | $38.4B +19.8% | $32.0B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $36.5B +37.4% | $26.5B +14.8% | $23.1B +131.9% | $10.0B +2981.5% | -$346.0M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $32.8B +19.6% | $27.4B +3.9% | $26.4B -7.2% | $28.4B -12.3% | $32.4B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 47.3% -3.5pp | 50.8% -2.5pp | 53.3% -20.7pp | 74.0% -27.1pp | 101.1% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $18.4B +31.5% | $14.0B +4.9% | $13.3B +7.0% | $12.4B +20.9% | $10.3B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $30.5B +41.9% | $21.5B +5.8% | $20.3B +6.0% | $19.2B +15.6% | $16.6B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $5.3B +62.5% | $3.2B +0.3% | $3.2B +0.5% | $3.2B -7.8% | $3.5B | $374.2M | $1.2B | $631.8M |
| EBITDA | $7.5B -17.6% | $9.1B -1.3% | $9.3B -25.5% | $12.4B -35.5% | $19.3B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 10.9% -6.1pp | 17.0% -1.8pp | 18.7% -13.7pp | 32.4% -27.8pp | 60.2% | 5.6% | 46.3% | 42.0% |
| Operating Income | $2.3B -61.4% | $5.9B -2.2% | $6.0B -34.6% | $9.2B -41.6% | $15.8B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 3.3% -7.7pp | 11.0% -1.3pp | 12.2% -11.9pp | 24.1% -25.3pp | 49.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $58.7B +27.5% | $46.0B +9.8% | $41.9B +34.3% | $31.2B +21.2% | $25.8B | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $15.8B +6.7% | $14.8B +16.8% | $12.7B +208.0% | $4.1B +158.0% | $1.6B | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $0 | $0 | $0 | $0 | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $2.3B -61.4% | $5.9B -2.2% | $6.0B -34.6% | $9.2B -41.6% | $15.8B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 3.3% -7.7pp | 11.0% -1.3pp | 12.2% -11.9pp | 24.1% -25.3pp | 49.4% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $193.0M -83.4% | $1.2B +0.4% | $1.2B -38.4% | $1.9B -44.9% | $3.4B | $1.3B | -$1.6B | $745.2M |
| Net Income | $2.5B -48.4% | $4.8B -2.8% | $4.9B -33.6% | $7.4B -40.6% | $12.4B | $4.9B | $4.8B | $4.7B |
| Net Margin | 3.5% -5.3pp | 8.8% -1.1pp | 9.9% -9.3pp | 19.2% -19.5pp | 38.7% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $4 -65.3% | $12 -3.1% | $12 -33.4% | $18 -33.5% | $27 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $4 -65.2% | $12 -3.0% | $12 -33.3% | $18 -33.5% | $27 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $540.7M +41.3% | $382.7M +0.1% | $382.4M -6.9% | $410.9M -7.1% | $442.5M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $541.3M +41.1% | $383.6M +0.1% | $383.4M -2.5% | $393.2M -11.5% | $444.2M | $1.2B | $924.4M | $678.0M |
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How much revenue does COF generate?
Capital One Financial Corporation (COF) reported $69.25B of revenue in fiscal 2025.
Is COF profitable?
Capital One Financial Corporation (COF) reported $2.45B of net income, with a net margin of 3.5%.
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