Capital One income statement
In fiscal 2025, Capital One reported revenue of $53.43bn, up 36.6% on the year before and net income of $2.45bn, or $4.03 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.0 | 16.2 | 16.3 | 21.4 | 22.4 | 22.3 | 23.4 | 25.5 | 27.2 | 28.1 | 28.6 | 28.5 | 30.4 | 34.3 | 36.8 | 39.1 | 53.4 | 62.0 |
| Interest expense | 3.0 | 2.9 | 2.2 | 2.4 | 1.8 | 1.6 | 1.6 | 2.0 | 2.8 | 4.3 | 5.2 | 3.1 | 1.6 | 4.1 | 12.7 | — | — | — |
| Net interest income | 7.7 | 12.5 | 12.7 | 16.6 | 18.1 | 17.8 | 18.8 | 20.9 | 22.5 | 22.9 | 23.3 | 22.9 | 24.2 | 27.1 | 29.2 | 31.2 | 42.9 | 49.4 |
| Non-interest income | 5.3 | 3.7 | 3.5 | 4.8 | 4.3 | 4.5 | 4.6 | 4.6 | 4.8 | 5.2 | 5.3 | 5.6 | 6.3 | 7.1 | 7.5 | 7.9 | 10.6 | 12.6 |
| Non-interest expense | 7.4 | 7.9 | 9.3 | 11.8 | 12.4 | 12.2 | 13.0 | 13.6 | 14.2 | 14.9 | 15.5 | 15.1 | 16.6 | 19.2 | 20.3 | 21.5 | 30.5 | 35.1 |
| Provision for credit losses | 4.2 | 3.9 | 2.4 | 4.4 | 3.5 | 3.5 | 4.5 | 6.5 | 7.6 | 5.9 | 6.2 | 10.3 | −1.9 | 5.8 | 10.4 | 11.7 | 20.7 | 13.9 |
| Income before tax | 1.3 | 4.3 | 4.6 | 5.2 | 6.6 | 6.6 | 5.9 | 5.5 | 5.5 | 7.3 | 6.9 | 3.2 | 15.8 | 9.2 | 6.0 | 5.9 | 2.3 | 13.0 |
| Income tax | 0.3 | 1.3 | 1.3 | 1.5 | 2.2 | 2.1 | 1.9 | 1.7 | 3.4 | 1.3 | 1.3 | 0.5 | 3.4 | 1.9 | 1.2 | 1.2 | 0.2 | 2.9 |
| Net income | 0.9 | 2.7 | 3.1 | 3.5 | 4.1 | 4.4 | 4.1 | 3.8 | 2.0 | 6.0 | 5.5 | 2.7 | 12.4 | 7.4 | 4.9 | 4.8 | 2.5 | 10.5 |
| Diluted EPS | $0.74 | $6.01 | $6.80 | $6.11 | $6.89 | $7.59 | $7.07 | $6.89 | $3.49 | $11.82 | $11.05 | $5.18 | $26.94 | $17.91 | $11.95 | $11.59 | $4.03 | $16.70 |
| Diluted shares (average) | 431m | 456m | 459m | 567m | 588m | 572m | 548m | 510m | 489m | 483m | 470m | 459m | 444m | 393m | 383m | 384m | 541m | 630m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.0 | 10.2 | 10.0 | 12.5 | 15.4 | 15.6 | 15.2 | 15.9 |
| Net interest income | 8.1 | 8.1 | 8.0 | 10.0 | 12.4 | 12.5 | 12.1 | 12.4 |
| Non-interest income | 1.9 | 2.1 | 2.0 | 2.5 | 3.0 | 3.1 | 3.1 | 3.5 |
| Non-interest expense | 5.3 | 6.1 | 5.9 | 7.0 | 8.3 | 9.3 | 8.5 | 9.0 |
| Provision for credit losses | 2.5 | 2.6 | 2.4 | 11.4 | 2.7 | 4.1 | 4.1 | 3.0 |
| Income before tax | 2.2 | 1.5 | 1.7 | −5.9 | 4.4 | 2.1 | 2.7 | 3.8 |
| Income tax | 0.4 | 0.4 | 0.3 | −1.7 | 1.2 | 0.3 | 0.5 | 0.8 |
| Net income | 1.8 | 1.1 | 1.4 | −4.3 | 3.2 | 2.1 | 2.2 | 3.0 |
| Diluted EPS | $4.41 | $2.67 | $3.45 | −$8.58 | $4.83 | $3.80 | $3.34 | $4.73 |
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