Capital One Financial Corporation (COF) Financials
PeriodQ2 FY2026
Published
Capital One Financial Corporation reported $15.85 billion of total net revenue for Q2 FY2026, the quarter ended June 30, 2026, up 26.9% from a year earlier, and net income of $3.02 billion, or $4.73 per diluted common share, against a net loss of $4.28 billion and a loss of $8.58 per share in the same quarter of 2025. The return to profit came chiefly from a far smaller provision for credit losses, $2.99 billion against $11.43 billion a year earlier, when Capital One recorded the initial allowance on the loans it acquired with Discover Financial Services; higher average credit card loan balances, largely from Discover, also lifted net interest income, and net interest margin reached 8.0%, up 0.4 points. Capital One completed its acquisition of Brex Inc. during the quarter, adding corporate card lending to the Credit Card segment, and continued to absorb Discover integration costs.
| Metric | Amount | vs. year ago |
|---|---|---|
| Total net revenue | $15,850,000,000 | up 26.9% |
| Net income | $3,020,000,000 | swung from -$4.28 billion |
| Diluted EPS | $4.73 | swung from -$8.58 |
| Provision for credit losses | $2,989,000,000 | down 73.8% |
| Net interest margin | 8.0% | up 0.4 points |
Company details
| Name | Capital One Financial Corp |
|---|---|
| Ticker | COF |
| CIK | 0000927628 |
| Exchange | NYSE |
| State | Virginia |
| Incorporation | Delaware |
| SIC | 6021 |
| Office | Finance |
| Industry | National Commercial Banks |
| Latest period covered | Q2 FY2026, ended 2026-06-30, 10-Q, accession 0000927628-26-000089 |
| Fiscal year end | 12/31 (MM/DD) |
| Next expected filing | 10-Q around 2026-11-02 (predicted) |
Data files
- Financial statementsPage Annual financial statements plus the latest quarter: income statement, balance sheet, cash flow. Actual dollars, actual shares. Sourcing notes and uncertainties included.
- 10-K and 10-Q summaryPage Qualitative synthesis of the latest 10-K + 10-Q: business, risk factors (quarter-over-quarter changes flagged), MD&A, legal proceedings, subsequent events.
- 8-K filings and eventsPage Digest of material 8-K filings: earnings headlines, management changes, capital-return and financing actions, governance. SEC accession numbers cited throughout.
FAQ · Capital One Financial Q2 FY2026
How much revenue did Capital One report in Q2 FY2026?
Capital One Financial Corporation reported total net revenue of $15.85 billion for Q2 FY2026, the quarter ended June 30, 2026. That is up 26.9% from $12.49 billion in the same quarter a year earlier, mainly reflecting the credit card and payment network businesses added with Discover Financial Services.
What was Capital One's net income in Q2 FY2026?
Capital One Financial Corporation earned net income of $3.02 billion in Q2 FY2026, the quarter ended June 30, 2026, or $4.73 per diluted common share. A year earlier Capital One posted a net loss of $4.28 billion, or a loss of $8.58 per share.
Why did Capital One swing back to a profit in Q2 FY2026?
Capital One Financial Corporation's provision for credit losses was $2.99 billion in Q2 FY2026, down from $11.43 billion a year earlier, when it recorded the initial allowance for credit losses on loans acquired in the Discover Financial Services transaction. The absence of that charge, together with higher net interest income and fee income from a larger credit card book, moved Capital One from a net loss of $4.28 billion to net income of $3.02 billion.
What was Capital One's net interest margin in Q2 FY2026?
Capital One Financial Corporation's net interest margin was 8.0% in Q2 FY2026, the quarter ended June 30, 2026, up 0.4 points from 7.6% a year earlier. Capital One attributes the higher net interest income behind it to higher average credit card loan balances, largely from the Discover Financial Services acquisition.
Where can I get Capital One Financial Corporation (COF) financial data in machine-readable form?
Ticker Scout publishes Capital One Financial Corporation's financial statements as JSON at https://tickerscout.ai/cof/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/cof/narrative.md and https://tickerscout.ai/cof/events.md. Capital One Financial Corporation's SEC CIK is 0000927628. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Capital One Financial Corporation (COF) next file with the SEC?
Capital One Financial Corporation (COF) is expected to file its next Form 10-Q with the SEC on or around November 2, 2026. That date is a projection rather than a company-announced date: it is derived from Capital One Financial Corporation's own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0000927628-26-000089.
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How this page was built
This page was built from Capital One Financial Corporation's own filings with the SEC, read one at a time, and nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names five such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Data extracted from SEC filings (accession numbers cited in each file). The undated URLs hold the latest period and are replaced in place each quarter; every period also stays published at its own dated URL, which never changes. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.