Capital One (COF): financials, SEC filings and peers
Capital One (COF) is a consumer finance company in the Financials sector of the S&P 500, headquartered in Tysons Corner, Virginia.
It was founded in 1994 and joined the S&P 500 on July 1, 1998.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “National Commercial Banks”.
Capital One at a glance
- Revenue (12 months)
- $63.0B
- Revenue growth
- +31.2%
- Operating margin
- 20.9%
- Net income (12 months)
- $10.9B
- Free cash flow (12 months)
- $26.3B
- Cash
- $49.3B
- Debt
- $49.8B
- Diluted EPS (12 months)
- $17.48
Twelve months to September 30, 2026, from the 10-Q filed November 3, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Capital One reported revenue of $63.0 billion, up a strong 31.2% from $48.0 billion a year earlier.
Its operating margin was 20.9%, up 17.5 percentage points from a year earlier: for every $100 of sales, about $21 was left as operating profit.
Net income was $10.9 billion (17.2% of revenue), 668.0% higher than a year earlier.
Operating cash flow was $28.0 billion and capital spending $1.8 billion, leaving free cash flow of $26.3 billion (41.7% of revenue).
At the end of the period it held $49.3 billion in cash and $49.8 billion in debt, a net debt position of $443 million.
The diluted share count fell 4.7% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $28.5 billion in fiscal 2020 to $53.4 billion in fiscal 2025, about 13.4% a year.
- Revenue has grown for 5 fiscal years in a row.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $30.4B | $34.3B | $36.8B | $39.1B | $53.4B |
| Revenue growth | 6.7% | 12.5% | 7.4% | 6.3% | 36.6% |
| Operating margin | — | — | — | — | — |
| Net income | $12.4B | $7.4B | $4.9B | $4.8B | $2.5B |
| Free cash flow | $11.6B | $12.9B | $19.6B | $17.0B | $26.1B |
| Diluted EPS | $26.94 | $17.91 | $11.95 | $11.59 | $4.03 |
Fiscal years as reported in Capital One’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed November 10, 2026 — Regulation FD disclosure
- 10-Q filed November 3, 2026 — quarterly report
- 8-K filed October 20, 2026 — Regulation FD disclosure
- 8-K filed October 20, 2026 — Earnings results
- 8-K filed September 15, 2026 — Other event
- 8-K filed September 15, 2026 — Regulation FD disclosure
- 8-K filed September 15, 2026 — Regulation FD disclosure
- 8-K filed September 1, 2026 — Bylaw or fiscal-year change
Companies like Capital One
Other S&P 500 companies in Consumer Finance:
More from Financials
Questions about Capital One
Is Capital One's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $63.0 billion, up 31.2% from a year earlier, according to its SEC filings.
Is Capital One profitable?
Yes. It earned $10.9 billion in net income over the twelve months to September 30, 2026, a net margin of 17.2%.
Does Capital One have more cash or more debt?
At September 30, 2026 it had $49.3 billion in cash and $49.8 billion in debt, so more debt than cash.
When did Capital One last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on November 3, 2026.
Which companies are similar to Capital One?
In the S&P 500, Capital One is grouped in Consumer Finance within the Financials sector. American Express (AXP), Synchrony Financial (SYF) are in the same group.
Understand the numbers
Source: Capital One’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.