Filing Flows › Capital One Financial (COF) › Q1 2025
Capital One Financial (COF) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Capital One Financial (COF) reported revenue of $10.0B for the first quarter 2025 (Q1 2025), +6% from a year earlier and -2% from the quarter before. Operating margin was 17.3%, net earnings $1.4B (14.0% of revenue).
Capital One Financial, Q1 2025: revenue $10.0B (+6% year over year), operating margin 17.3%, net earnings $1.4B, operating cash flow $4.7B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.0B | -2% | +6% |
| Operating profit | $1.7B | +19% | +9% |
| Net earnings | $1.4B | +28% | +10% |
| Operating cash flow | $4.7B | +91% | +55% |
| Free cash flow | $4.3B | +106% | +56% |
What changed
Revenue was $10.0B in Q1 2025, up 6% year over year and down 2% from the previous quarter.
Operating profit was $1.7B, a 17.3% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 25% reached operating profit, above the 17% margin then. Total costs grew 6% against revenue growth of 6%. Net earnings were $1.4B, up 10% year over year. The effective tax rate was 18.8%.
Operating cash flow was $4.7B (up 55% year over year), 332% of net earnings. Non-cash charges added back $0.81B of depreciation and amortization and $0.18B of share-based compensation. Working capital and other items added $2.3B. Capital expenditures of $0.35B left free cash flow of $4.3B.
Questions
What was Capital One Financial's revenue in the first quarter 2025?
Capital One Financial (COF) reported revenue of $10.0B for the first quarter 2025 (Q1 2025), +6% from a year earlier and -2% from the quarter before.
Was Capital One Financial profitable in the first quarter 2025?
Operating profit was $1.7B (17.3% of revenue) and net earnings $1.4B.