Filing Flows › Capital One Financial (COF) › Q2 2026 › vs Q1 2026
Capital One Financial (COF) Q2 2026 vs Q1 2026 (quarter over quarter)
Capital One Financial's revenue rose $619M (+4%) from $15.2B in Q1 2026 to $15.8B in Q2 2026. Operating margin 24.1% against 17.7% (+6.4 pts).
Capital One Financial, Q2 2026: revenue $15.8B (+27% year over year), operating margin 24.1%, net earnings $3.0B, operating cash flow $8.4B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.1% | 17.7% | +6.4 pts |
| Net margin | 19.1% | 14.3% | +4.8 pts |
| Free cash flow margin | 51.0% | 35.9% | +15.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $15.8B | $15.2B | $619M | +4% |
| Operating profit | $3.8B | $2.7B | $1.1B | +41% |
| Costs & expenses | $12.0B | $12.5B | −$500M | -4% |
| Pre-tax earnings | $3.8B | $2.7B | $1.1B | +41% |
| Net earnings | $3.0B | $2.2B | $846M | +39% |
| Income tax | $798M | $518M | $280M | +54% |
| Depreciation & amortization | $1.6B | $1.5B | $75.0M | +5% |
| Share-based compensation | $215M | $131M | $84.0M | +64% |
| Working capital & other | $3.6B | $2.2B | $1.4B | +64% |
| Operating cash flow | $8.4B | $6.0B | $2.4B | +40% |
| Free cash flow (OCF − capex) | $8.1B | $5.5B | $2.6B | +48% |
| Capital expenditures | $367M | $553M | −$186M | -34% |
Questions
How much did Capital One Financial's revenue grow quarter over quarter in Q2 2026?
Capital One Financial's revenue rose $619M (+4%) from $15.2B in Q1 2026 to $15.8B in Q2 2026. Operating margin 24.1% against 17.7% (+6.4 pts).