How does Capital One Financial (COF) make money?

Capital One Financial (COF) primarily makes money through Interchange Fees, Contracts, which accounts for 79.9% of total revenue. For TTM through Q1 2026, Capital One Financial generated $75.16B in total revenue with a net profit margin of 4.3%.

What is Capital One Financial (COF) gross profit margin?

Capital One Financial (COF) reported a gross profit margin of 48.3% for TTM through Q1 2026, equivalent to $36.31B in gross profit. This means Capital One Financial retains 48.3% of each revenue unit after direct costs of production.

What is Capital One Financial (COF) operating profit margin?

Capital One Financial (COF) reported an operating profit margin of 4.3% for TTM through Q1 2026, equivalent to $3.25B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Capital One Financial (COF) net profit margin?

Capital One Financial (COF) reported a net profit margin of 4.3% for TTM through Q1 2026, equivalent to $3.22B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

What is Capital One Financial (COF) free cash flow?

Capital One Financial (COF) generated $27.72B in free cash flow for TTM through Q1 2026 (36.9% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Capital One Financial (COF) effective tax rate?

Capital One Financial (COF) had an effective tax rate of 11.9% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How Capital One Financial (COF) Makes Money: A Visual Guide

Capital One Financial (COF) generated $75.16B in revenue, earning $3.22B in net profit (4.3% margin). Its largest revenue source is Interchange Fees, Contracts (79.9% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Capital One Financial (COF) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 21, 2026).

Frequently asked questions

How does Capital One Financial (COF) make money?: Capital One Financial (COF) primarily makes money through Interchange Fees, Contracts, which accounts for 79.9% of total revenue. For TTM through Q1 2026, Capital One Financial generated $75.16B in total revenue with a net profit margin of 4.3%.
What is Capital One Financial (COF) gross profit margin?: Capital One Financial (COF) reported a gross profit margin of 48.3% for TTM through Q1 2026, equivalent to $36.31B in gross profit. This means Capital One Financial retains 48.3% of each revenue unit after direct costs of production.
What is Capital One Financial (COF) operating profit margin?: Capital One Financial (COF) reported an operating profit margin of 4.3% for TTM through Q1 2026, equivalent to $3.25B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Capital One Financial (COF) net profit margin?: Capital One Financial (COF) reported a net profit margin of 4.3% for TTM through Q1 2026, equivalent to $3.22B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
What is Capital One Financial (COF) free cash flow?: Capital One Financial (COF) generated $27.72B in free cash flow for TTM through Q1 2026 (36.9% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Capital One Financial (COF) effective tax rate?: Capital One Financial (COF) had an effective tax rate of 11.9% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.