Capital One Financial Corporation (COF) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 6.02B | 7.83B | 9.15B | 6.07B | 4.67B | 2.45B | 6.46B | 6.24B | 3.01B | 7.1B | 7.13B | 3.35B | 2.99B | 8.16B | 2.78B | 2.95B | -79M | 4.66B | 1.95B | 4.06B |
| Operating CF Growth % | 29.06% | 219.89% | 41.75% | -2.84% | 55.05% | -65.52% | -9.41% | 86.14% | 0.6% | -12.96% | 156.72% | 13.54% | 3887.34% | 74.97% | 42.12% | -27.21% | -104.83% | 0.76% | -31.61% | 6.62% |
| Net Income | 2.17B | 2.13B | 3.19B | -4.28B | 1.4B | 1.1B | 1.78B | 597M | 1.28B | 706M | 1.79B | 1.43B | 960M | 1.23B | 1.69B | 2.03B | 2.4B | 2.42B | 3.1B | 3.54B |
| Depreciation & Amortization | 1.51B | 1.6B | 1.83B | 1.01B | 812M | 814M | 806M | 811M | 806M | 798M | 852M | 325M | 1.25B | 843M | 744M | 784M | 839M | 853M | 914M | 859M |
| Deferred Taxes | 244M | -503M | 858M | -2.52B | 262M | -352M | -148M | -469M | 116M | -210M | -113M | -231M | -169M | -401M | -360M | -198M | 187M | 25M | 6M | 229M |
| Other Non-Cash Items | 4.72B | 4.93B | 2.35B | 11.93B | 1.93B | 2.57B | 2.88B | 4.72B | 1.86B | 2.97B | 2.51B | 2.24B | 2.63B | 3.94B | 694M | 1.3B | 619M | 1.2B | -1.64B | -453M |
| Working Capital Changes | -2.76B | -534M | 753M | -301M | 82M | -1.82B | 1.02B | 480M | -1.25B | 2.7B | 1.99B | -533M | -1.83B | 2.47B | -61M | -1.03B | -4.23B | 100M | -496M | -200M |
| Cash from Investing | 26M | -7.81B | -9.95B | 16.47B | 845M | -14.25B | -6.3B | -7.53B | 1.68B | -9.69B | -5.07B | -4.2B | -2.99B | -11.45B | -5.79B | -14.28B | 1.77B | -16.45B | -7.36B | -14.96B |
| Purchase of Investments | -6.74B | 12.59B | -5.96B | -3.79B | -2.84B | -5.51B | -4.82B | -4.13B | -2.73B | -3.11B | -1.39B | -2.85B | -5.84B | -3.24B | -3.92B | -3.87B | -3.83B | -5.93B | -3.77B | -10.3B |
| Sale/Maturity of Investments | 5.86B | -13.29B | 4.38B | 15.53B | 3.07B | 3.12B | 3.56B | 2.95B | 2.4B | 2.47B | 2.38B | 3.42B | 1.99B | 2.17B | 7.11B | 7B | 5.37B | 7.21B | 7.79B | 7.13B |
| Net Investment Activity | -879M | -703M | -1.58B | 11.75B | 234M | -2.39B | -1.26B | -1.18B | -335M | -644M | 994M | 572M | -3.85B | -1.07B | 3.19B | 3.13B | 1.54B | 1.28B | 4.03B | -3.18B |
| Acquisitions | 0 | 16.46B | 1M | 0 | 0 | 0 | 0 | 0 | 0 | 8.28B | -5.5B | -246M | -2.54B | -49M | -1.13B | 0 | 0 | -118M | -527M | -11.54B |
| Other Investing | 1.46B | -24.7B | -7.98B | 5.12B | 959M | -11.5B | -4.73B | -6.07B | 2.26B | -17.07B | -310M | -4.32B | 3.63B | -10.04B | -7.63B | -17.21B | 463M | -17.43B | -10.69B | -78M |
| Cash from Financing | 11.11B | 3.54B | -2.25B | -9.92B | -218M | 5.75B | 1.74B | -2.38B | 3.06B | 1.04B | 1.2B | 11.61B | 15.72B | 9.26B | 6.05B | 6.49B | 3.34B | 6.99B | -2.83B | -6.28B |
| Dividends Paid | -559M | 1.19B | -443M | -453M | -291M | -289M | -290M | -289M | -292M | -290M | -289M | -289M | -291M | -288M | -289M | -293M | -308M | -328M | -608M | -241M |
| Share Repurchases | -2.79B | 1.99B | -1.04B | -573M | -375M | -161M | -161M | -163M | -249M | -158M | -157M | -157M | -246M | -157M | -319M | -1.99B | -2.48B | -3.75B | -3.71B | -1.67B |
| Stock Issued | 119M | -435M | 91M | 251M | 93M | 72M | 76M | 95M | 80M | 64M | 71M | 88M | 76M | 62M | 76M | 70M | 68M | 61M | 483M | 60M |
| Net Stock Activity | -2.67B | 1.55B | -946M | -322M | -282M | -89M | -85M | -68M | -169M | -94M | -86M | -69M | -170M | -95M | -243M | -1.92B | -2.42B | -3.69B | -3.23B | -1.61B |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K |
| Other Financing | 13.3B | -7.57B | 422M | -6.38B | 4.68B | 9.17B | 1.94B | 430M | 2.62B | 2.16B | 2.34B | 9.9B | 16.72B | 15.84B | 9.77B | -5.47B | 2.63B | 5.09B | -328M | -3.98B |
| Net Change in Cash | 17.16B | 3.57B | -3.05B | 12.61B | 5.29B | -6.05B | 1.89B | -3.67B | 7.75B | -1.55B | 3.26B | -4.92B | 15.72B | 5.96B | 3.04B | -4.83B | 5.03B | -4.8B | -8.23B | -17.19B |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15.68B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 62.09B | 58.53B | 61.58B | 48.97B | 43.67B | 49.72B | 47.83B | 51.5B | 43.76B | 45.3B | 42.05B | 46.97B | 31.26B | 25.29B | 22.25B | 27.09B | 22.05B | 26.86B | 35.09B | 52.27B |
| Cash at End | 79.26B | 62.09B | 58.53B | 61.58B | 48.97B | 43.67B | 49.72B | 47.83B | 51.5B | 43.76B | 45.3B | 42.05B | 46.97B | 31.26B | 25.29B | 22.25B | 27.09B | 22.05B | 26.86B | 35.09B |
| Interest Paid | 4.01B | 4.06B | 4.22B | 3.39B | 3.21B | 3.37B | 3.35B | 3.38B | 3.11B | 627M | 3.87B | 4.24B | 2.08B | 1.68B | 958M | 460M | 509M | 455M | 558M | 508M |
| Income Taxes Paid | 184M | -494M | 273M | 218M | 3M | 542M | 337M | 179M | 47M | 484M | 240M | 528M | 103M | 861M | 518M | 393M | 80M | 855M | 659M | 902M |
| Free Cash Flow | 5.47B | 8.96B | 8.77B | 5.67B | 4.32B | 2.09B | 6.15B | 5.95B | 2.76B | 6.84B | 6.87B | 3.15B | 2.76B | 7.87B | 2.56B | 2.76B | -309M | 4.47B | 1.79B | 3.9B |
| FCF Growth % | 26.65% | 328.54% | 42.65% | -4.82% | 56.32% | -69.41% | -10.54% | 89.14% | 0.22% | -13.07% | 168.78% | 14.02% | 992.23% | 76.07% | 42.71% | -29.11% | -121.19% | 0.18% | -32.57% | 7.66% |