Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 10B | 5.3% |
| Gross Profit | 2.22B | 240.7% |
| Cost of Revenue | 7.8B | 12% |
| Operating expense | 2.52B | 8.9% |
| Net Income | 1.78B | 197.7% |
| EBITDA | 501M | 158.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 486B | 1.3% |
| Total Liabilities | 424B | 0.3% |
| Total Equity | 62.9B | 8.5% |
| Shares Outstanding | 382M | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 6.46B | 3.4% |
| Cash from investing | -6.3B | 16.3% |
| Cash from financing | 1.74B | 172.8% |
EPS
Financial Highlights for Capital One in Q3 '24
Capital One reported a revenue of 10B, which is a 5.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.22B, marking a 240.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 7.8B, a -12% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.52B, showing a 8.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.78B, showing a 197.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 501M, showing a 158.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Capital One with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
