Capital One Financial (COF) Q3 FY2026 earnings

Capital One Financial Corp. (COF) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 20 October 2026. Diluted earnings per share were $5.61. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

RevenueNot yetwith the 10-Q

Net incomeNot yetwith the 10-Q

Diluted EPS$5.61$4.83 a year earlier

QuarterQ3 FY2026ended 30 September 2026

What management said

Net income rose to $3.5 billion: Net income was $3.5 billion, or $5.61 per diluted share, compared with $3.0 billion, or $4.73 per diluted share, in the second quarter and $3.2 billion, or $4.83, in the third quarter of 2025.
Adjusted EPS of $6.69: Adjusted net income was $6.69 per diluted share. Adjusting items totaled $1.08 per diluted share: acquisition amortization $0.60, Discover integration $0.42 and Brex integration $0.06.
Net interest margin rose to 8.41%: Net interest margin was 8.41 percent, up 40 basis points from 8.01 percent in the second quarter.

Read the earnings call summary

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	n/a	15,850	15,359	n/a
Net income	n/a	3,020	3,192	n/a
Diluted EPS	$5.61	$4.73	$4.83	+16.1%

$ million except per share.

Q3 FY2026 is from the company's press release of 20 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right; revenue, net income will come with the 10-Q.

Quarterly results, the last 20 quarters filed

	Q3 FY2021	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	7,830	8,118	8,173	8,232	8,805	9,040	8,903	9,012	9,366	9,506	9,402	9,506	10,014	10,190	10,000	12,492	15,359	15,583	15,231	15,850
Interest expense	382	381	387	578	1,197	1,961	2,568	3,053	3,450	3,626	3,689	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pre-tax income	3,986	3,059	2,945	2,564	2,187	1,544	1,163	1,728	2,222	932	1,582	651	2,218	1,459	1,729	-5,929	4,382	2,099	2,699	3,818
Tax rate	22%	21%	18%	21%	23%	20%	17%	17%	19%	24%	19%	8%	20%	25%	19%	n/a	27%	16%	19%	21%
Net income	3,104	2,425	2,403	2,031	1,694	1,232	960	1,431	1,790	706	1,280	597	1,777	1,096	1,404	-4,277	3,192	2,134	2,174	3,020
Net margin	40%	30%	29%	25%	19%	14%	11%	16%	19%	7%	14%	6%	18%	11%	14%	-34%	21%	14%	14%	19%
Diluted EPS	$6.78	$5.51	$5.62	$4.96	$4.20	$3.03	$2.31	$3.52	$4.45	$1.67	$3.13	$1.38	$4.41	$2.67	$3.45	-$8.58	$4.83	$3.26	$3.34	$4.73
Operating cash flow	1,954	4,662	-79.0	2,954	2,777	8,157	2,992	3,354	7,129	7,100	3,010	6,243	6,458	2,448	4,667	6,066	9,154	7,831	6,023	8,444
Capital expenditure	163	194	230	193	221	290	235	206	259	261	247	289	312	356	348	399	387	444	553	367
Free cash flow	1,791	4,468	-309	2,761	2,556	7,867	2,757	3,148	6,870	6,839	2,763	5,954	6,146	2,092	4,319	5,667	8,767	7,387	5,470	8,077
Buybacks	2,710	2,652	2,484	1,988	319	157	246	157	157	158	249	163	161	161	375	167	1,037	2,520	2,793	2,747
Dividends paid	529	254	251	236	232	231	234	232	232	233	235	232	233	232	234	388	386	508	502	500
Shares outstanding	430m	414m	399m	384m	382m	381m	382m	381m	381m	380m	382m	382m	382m	381m	383m	640m	636m	625m	616m	613m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 20 October 2026 with a Form 8-K: the release.