Capital One advertising spend, FY2025
Capital One (COF) reported $5.9B of advertising expense for the fiscal year ended Dec 31, 2025. That is 11.0% of revenue of $53.4B. Up 29.0% from FY2024.
Key facts
- Ad spend is 3.4x its FY2015 level ($1.7B), faster than revenue (2.3x).
- FY2025 is the highest year on file, going back to FY2007.
- Largest increase +78.3% in FY2021; largest cut -47.4% in FY2009.
- Ad spend has risen 2 years in a row.
- Ad spend is 11.0% of revenue, up from 5.6% in FY2020.
- Capital One spends more on advertising than 97% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 2.1x the median of 5.2%.
Ad spend by fiscal year
Ad spend as % of revenue
History
Download CSV| Fiscal year | Period end | Ad spend | YoY | Revenue | Ad / revenue | Tag | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.9B | +29.0% | $53.4B | 11.0% | MarketingExpense | 10-K Feb 19, 2026 |
| FY2024 | Dec 31, 2024 | $4.6B | +13.8% | $39.1B | 11.7% | MarketingExpense | 10-K Feb 19, 2026 |
| FY2023 | Dec 31, 2023 | $4B | -0.2% | $36.8B | 10.9% | MarketingExpense | 10-K Feb 19, 2026 |
| FY2022 | Dec 31, 2022 | $4B | +39.9% | $34.3B | 11.7% | MarketingExpense | 10-K Feb 20, 2025 |
| FY2021 | Dec 31, 2021 | $2.9B | +78.3% | $30.4B | 9.4% | MarketingExpense | 10-K Feb 23, 2024 |
| FY2020 | Dec 31, 2020 | $1.6B | -29.2% | $28.5B | 5.6% | MarketingExpense | 10-K Feb 24, 2023 |
| FY2019 | Dec 31, 2019 | $2.3B | +4.6% | $28.6B | 8.0% | MarketingExpense | 10-K Feb 25, 2022 |
| FY2018 | Dec 31, 2018 | $2.2B | +30.2% | $28.1B | 7.7% | MarketingExpense | 10-K Feb 25, 2021 |
| FY2017 | Dec 31, 2017 | $1.7B | -7.8% | $27.2B | 6.1% | MarketingExpense | 10-K Feb 20, 2020 |
| FY2016 | Dec 31, 2016 | $1.8B | +3.8% | $25.5B | 7.1% | MarketingExpense | 10-K Feb 20, 2019 |
| FY2015 | Dec 31, 2015 | $1.7B | +11.7% | $23.4B | 7.4% | MarketingExpense | 10-K Feb 21, 2018 |
| FY2014 | Dec 31, 2014 | $1.6B | +13.7% | $22.3B | 7.0% | MarketingExpense | 10-K Feb 25, 2016 |
| FY2013 | Dec 31, 2013 | $1.4B | +0.5% | $22.4B | 6.1% | MarketingExpense | 10-K Feb 25, 2016 |
| FY2012 | Dec 31, 2012 | $1.4B | +2.2% | $21.4B | 6.4% | MarketingExpense | 10-K Feb 24, 2015 |
| FY2011 | Dec 31, 2011 | $1.3B | +39.6% | $16.3B | 8.2% | MarketingExpense | 10-K Feb 27, 2014 |
| FY2010 | Dec 31, 2010 | $958M | +62.9% | $16.2B | 5.9% | MarketingExpense | 10-K Feb 28, 2013 |
| FY2009 | Dec 31, 2009 | $588M | -47.4% | $13B | 4.5% | MarketingExpense | 10-K Feb 29, 2012 |
| FY2008 | Dec 31, 2008 | $1.1B | -17.1% | $13.9B | 8.0% | MarketingExpense | 10-K/A Mar 7, 2011 |
| FY2007 | Dec 31, 2007 | $1.3B | n/a | $14.6B | 9.2% | MarketingExpense | 10-K Feb 26, 2010 |
What the figure is
Total marketing expense (XBRL tag MarketingExpense). It can include marketing staff costs, not only paid media.
Compared with similar spenders
The 6 companies closest to Capital One in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 8 | Disney | $6.5B | 6.9% | +6.6% | FY2025 |
| 9 | American Express | $6.3B | 8.7% | +3.5% | FY2025 |
| 10 | Capital One | $5.9B | 11.0% | +29.0% | FY2025 |
| 11 | JPMorgan Chase | $5.5B | 3.0% | +11.2% | FY2025 |
| 12 | Coca-Cola | $5.4B | 11.3% | +5.9% | FY2025 |
| 13 | Walmart | $5.4B | 0.8% | +5.9% | FY2026 |
| 14 | Progressive | $5.1B | 5.9% | +28.2% | FY2025 |
Questions
How much does Capital One spend on advertising?
Capital One spent $5.9B on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 19, 2026.
What percentage of revenue does Capital One spend on advertising?
11.0% of revenue in fiscal 2025 ($5.9B of $53.4B). The median across the 336 companies tracked is 5.2%.
Is Capital One spending more on advertising?
Yes. Ad spend rose 29.0% in fiscal 2025 from fiscal 2024. It has risen 2 years in a row.
How does Capital One rank by advertising spend?
#10 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.
What does Capital One's advertising figure include?
Total marketing expense (XBRL tag MarketingExpense). It can include marketing staff costs, not only paid media.
Source
- Filing
- 10-K for FY2025, filed Feb 19, 2026
- Accession number
0000927628-26-000024- Company
- CAPITAL ONE FINANCIAL CORP, CIK 927628, SIC 6021 (National Commercial Banks)
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- Capital One advertising spend, FY2007-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 19, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/capital-one-financial/advertising-spend/
- Download
- CSV, all years · CSV, all 336 companies