Capital One
Financial Performance
Capital One Revenue & Financials
Revenue
$53.4B (FY2025)
Market Cap
$125B
Net Income
$2.5B
Employees
76,300
What is Capital One's revenue?
Capital One had $53.4B in revenue for fiscal year 2025, up 36.6% from 2024. Net income was $2.5B.
- Latest revenue
- $53.4B (FY2025)
- Year-over-year
- +36.6%
- Growth rate (CAGR)
- 8.6% over 9 years
- Peak revenue
- $53.4B (FY2025)
- Years of data
- 10
- Employees
- 76,300
- How much profit does Capital One make?
- Capital One reported net income of $2.5B for fiscal year 2025. sec.gov
- How many employees does Capital One have?
- Capital One has about 76,300 employees.
Financial Analysis
Capital One reported total net revenue of $53.4 billion in 2025, up 37% from $39.1 billion in 2024, largely because Discover was consolidated from May 18, 2025. GAAP net income fell to $2.5 billion as merger accounting and roughly $20.7 billion of credit loss provisions weighed on the year. Results improved in 2026: Q2 2026 net income was $3.0 billion ($4.73 per diluted share; $5.81 adjusted) on $15.9 billion of revenue, with an 8.01% net interest margin and a CET1 ratio of about 13.7%. Capital One Financial Corporation is a powerhouse in American consumer banking and credit, commanding a market valuation frequently exceeding $50 billion.
Revenue Trend Analysis
YoY Change
+36.6%
9-Year CAGR
+8.6%
Peak Year
2025
Trend
Consistent Growth
Capital One has 10 full fiscal year figures on this page, compounding at +8.6% annually over 9 years. The most recent year saw a 36.6% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $53.4B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
Click any row to see year details.
Capital One balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $27.7B | $1.6B | $669B | $555.4B | $113.6B | $26.1B | Form 10-K |
| FY2024ended Dec 31, 2024 | $18.2B | $1.2B | $490.1B | $429.4B | $60.8B | $17B | Form 10-K |
| FY2023ended Dec 31, 2023 | $20.6B | $961M | $478.5B | $420.4B | $58.1B | $19.6B | Form 10-K |
| FY2022ended Dec 31, 2022 | $13.8B | $934M | $455.2B | $402.7B | $52.6B | $12.9B | Form 10-K |
| FY2021ended Dec 31, 2021 | $12.3B | $698M | $432.4B | $371.4B | $61B | $11.6B | Form 10-K |
| FY2020ended Dec 31, 2020 | $16.7B | $710M | $421.6B | $361.4B | $60.2B | $16B | Form 10-K |
| FY2019ended Dec 31, 2019 | $16.6B | $887M | $390.4B | $332.4B | $58B | $15.8B | Form 10-K |
| FY2018ended Dec 31, 2018 | $13B | $874M | $372.5B | $320.9B | $51.7B | $12.1B | Form 10-K |
| FY2017ended Dec 31, 2017 | $14.2B | $1B | $365.7B | $317B | $48.7B | $13.2B | Form 10-K |
| FY2016ended Dec 31, 2016 | $11.9B | $779M | $357B | $309.5B | $47.5B | $11.1B | Form 10-K |
Keep researching Capital One
Capital One Revenue and Financial FAQ
What was Capital One's total net revenue in recent fiscal years?
Capital One reported total net revenue of $53.4 billion for 2025, up 37% from $39.1 billion in 2024, mainly because Discover was consolidated from May 2025. Q2 2026 revenue was $15.9 billion.
What is Capital One's Net Interest Margin (NIM)?
Capital One's net interest margin was 8.01% in Q2 2026, up from 7.62% a year earlier, well above most large US banks because of its high-yield card portfolio, which grew with the Discover acquisition.
How large is Capital One's loan book?
Period-end loans held for investment were $457.2 billion at the end of Q2 2026, after the Discover acquisition added over $200 billion of loans in 2025.
What is Capital One's Provision for Credit Losses and how is it managed?
Provisions vary with credit conditions. Capital One set aside about $20.7 billion in 2025, including initial reserves for Discover's loans, and $3.0 billion in Q2 2026, when it released $662 million of reserves as charge-offs improved.
What was Capital One's net income in 2025 and 2026?
GAAP net income was $2.5 billion in 2025, reduced by Discover merger accounting and provisions; adjusted EPS was about $19.61. In Q2 2026, net income was $3.0 billion, or $4.73 per diluted share ($5.81 adjusted).
What is Capital One's market capitalization on the New York Stock Exchange?
Capital One's market capitalization was roughly $125 billion in September 2026, about double its pre-merger level, reflecting the shares issued to Discover holders and a higher stock price.
Does Capital One pay a dividend?
Yes. Capital One pays a quarterly common dividend and repurchases shares, subject to Federal Reserve stress capital requirements. Check the latest investor relations release for the current dividend rate.
What are Capital One's Tier 1 Common Equity (CET1) capital ratios?
Capital One's Common Equity Tier 1 (CET1) ratio was about 13.7% in Q2 2026, comfortably above its regulatory minimum.
Is Capital One profitable?
Yes, it is massively profitable. By heavily relying on sophisticated algorithms to price risk, they extract billions in interest from consumers who carry credit card balances month-to-month.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Capital One Revenue & Financials." CorpDigest, https://corpdigest.com/company/capital-one/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Capital One reported $53.4B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/capital-one/financials" target="_blank" rel="noopener">CorpDigest — Capital One financials</a></div>Related Financial Audits
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