Capital One Financial (COF) Revenue — Quarter Ended Jun 30, 2023
Revenue increased for the reported quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The rise was more pronounced sequentially than on an annual basis.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased for the reported quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The rise was more pronounced sequentially than on an annual basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+10.8%
Change from the immediately preceding quarter.
Year-over-year
+0.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.4B | +13.1% |
| Dec 31, 2022 | $1.4B | +5.8% |
| Mar 31, 2023 | $1.3B | +3.6% |
| Jun 30, 2023 | $1.4B | +0.6% |
Revenue performance
Revenue in the reported quarter was higher than in the prior quarter, continuing a trend of sequential growth seen in recent periods.
Quarterly comparison
Compared with the same quarter a year ago, revenue was modestly higher, reflecting a slower pace of growth than the sequential increase.
What to watch
Monitor whether revenue growth can sustain its sequential momentum in the coming quarter.