Filing Flows › Capital One Financial (COF) › How it makes money
How Capital One Financial (COF) makes money
Capital One Financial (COF) made $16.3B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 28¢ was left as operating profit, 22¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $16.3B | 100.0% |
| Operating profit | $4.6B | 28.0% |
| Income tax | $1.0B | 6.3% |
| Net earnings | $3.5B | 21.7% |
| Operating cash flow | $5.7B | 34.9% |
| Free cash flow | $5.3B | 32.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $16.3B | +6% |
| Q2 2026 | $15.8B | +27% |
| Q1 2026 | $15.2B | +52% |
| Q4 2025 | $15.6B | +53% |
| Q3 2025 | $15.4B | +53% |
| Q2 2025 | $12.5B | +31% |
| Q1 2025 | $10.0B | +6% |
From Capital One Financial's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Capital One Financial make money?
Capital One Financial (COF) made $16.3B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 28¢ was left as operating profit, 22¢ was left as net earnings.
What is Capital One Financial's profit margin?
Net earnings were $3.5B, 21.7% of revenue, in the third quarter 2026; the operating margin was 28.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.