OpenNashEarnings

Banking · NYSE: COF

Capital One earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 21 Jan 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

Capital One reported third quarter 2026 net income of $3.5 billion, or $5.61 per share, and net of adjusting items, $6.69 per share.

Capital One earned $3.5 billion, or $5.61 per diluted share, up from $3.0 billion in the second quarter and $3.2 billion a year earlier. Excluding Discover and Brex acquisition items, earnings were $6.69 per share. Revenue rose 3 percent to $16.3 billion and expenses fell 2 percent. Net charge-offs fell to $3.1 billion, and the company released $225 million of loan-loss reserves. Net interest margin rose 40 basis points to 8.41 percent.

Read the Q3 2026 summary →

Quarters

KPI history

Revenue$16.3B+6.4% y/yQ3 2026
Q4 2024: $10.2B (worked out from the annual figure)Q4 ’24$10.2BQ1 2025: $10.0BQ1 ’25$10.0BQ2 2025: $12.5BQ2 ’25$12.5BQ3 2025: $15.4BQ3 ’25$15.4BQ4 2025: $15.6B (worked out from the annual figure)Q4 ’25$15.6BQ1 2026: $15.2BQ1 ’26$15.2BQ2 2026: $15.8BQ2 ’26$15.8BQ3 2026: $16.3BQ3 ’26$16.3B

Fourth quarter worked out from the annual figure.

Data
Q4 2024$10.2B *
Q1 2025$10.0B
Q2 2025$12.5B
Q3 2025$15.4B
Q4 2025$15.6B *
Q1 2026$15.2B
Q2 2026$15.8B
Q3 2026$16.3B
Diluted EPS (GAAP)$5.61+16.1% y/yQ3 2026
Q1 2025: $3.45Q1 ’25$3.45Q2 2025: -$8.58Q2 ’25-$8.58Q3 2025: $4.83Q3 ’25$4.83Q1 2026: $3.34Q1 ’26$3.34Q2 2026: $4.73Q2 ’26$4.73Q3 2026: $5.61Q3 ’26$5.61
Data
Q1 2025$3.45
Q2 2025-$8.58
Q3 2025$4.83
Q1 2026$3.34
Q2 2026$4.73
Q3 2026$5.61

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Free cash flow$5.3B−39.3% y/yQ3 2026
Q4 2024: $2.1BQ4 ’24$2.1BQ1 2025: $4.3BQ1 ’25$4.3BQ2 2025: $5.7BQ2 ’25$5.7BQ3 2025: $8.8BQ3 ’25$8.8BQ4 2025: $7.4BQ4 ’25$7.4BQ1 2026: $5.5BQ1 ’26$5.5BQ2 2026: $8.1BQ2 ’26$8.1BQ3 2026: $5.3BQ3 ’26$5.3B
Data
Q4 2024$2.1B
Q1 2025$4.3B
Q2 2025$5.7B
Q3 2025$8.8B
Q4 2025$7.4B
Q1 2026$5.5B
Q2 2026$8.1B
Q3 2026$5.3B

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$10.2Bd$10.0B$12.5B$15.4B$15.6Bd$15.2B$15.8B$16.3B
Net income$1.1Bd$1.4B-$4.3B$3.2B$2.1Bd$2.2B$3.0B$3.5B
Diluted EPS—$3.45-$8.58$4.83—$3.34$4.73$5.61
Operating cash flow$2.4Bd$4.7B$6.1Bd$9.2Bd$7.8Bd$6.0B$8.4Bd$5.7Bd
Capital expenditure$356.0Md$348.0M$399.0Md$387.0Md$444.0Md$553.0M$367.0Md$392.0Md
Free cash flow$2.1B$4.3B$5.7B$8.8B$7.4B$5.5B$8.1B$5.3B

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings