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Side-by-side financial comparison of Capital One (COF) and Goldman Sachs (GS). Click either name above to swap in a different company.

Goldman Sachs is the larger business by last-quarter revenue ($13.5B vs $11.7B, roughly 1.2× Capital One). Goldman Sachs runs the higher net margin — 34.3% vs 18.6%, a 15.7% gap on every dollar of revenue.

Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia, with operations primarily in the United States. It is the sixth-largest bank in the United States by total assets as of June 30, 2025, the third-largest issuer of Visa and Mastercard credit cards, and one of the largest car finance companies in the United States.

The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is one of the largest investment banks in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue.

COF vs GS — Head-to-Head

Bigger by revenue
GS
GS
1.2× larger
GS
$13.5B
$11.7B
COF
Higher net margin
GS
GS
15.7% more per $
GS
34.3%
18.6%
COF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
COF
COF
GS
GS
Revenue
$11.7B
$13.5B
Net Profit
$2.2B
$4.6B
Gross Margin
Operating Margin
43.5%
Net Margin
18.6%
34.3%
Revenue YoY
52.3%
Net Profit YoY
54.8%
EPS (diluted)
$3.34
$14.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COF
COF
GS
GS
Q1 26
$11.7B
Q4 25
$15.6B
$13.5B
Q3 25
$15.4B
$15.2B
Q2 25
$12.5B
$14.6B
Q1 25
$10.0B
$15.1B
Q4 24
$10.2B
Q3 24
$10.0B
$12.7B
Q2 24
$9.5B
$12.7B
Net Profit
COF
COF
GS
GS
Q1 26
$2.2B
Q4 25
$2.1B
$4.6B
Q3 25
$3.2B
$4.1B
Q2 25
$-4.3B
$3.7B
Q1 25
$1.4B
$4.7B
Q4 24
$1.1B
Q3 24
$1.8B
$3.0B
Q2 24
$597.0M
$3.0B
Operating Margin
COF
COF
GS
GS
Q1 26
Q4 25
85.8%
43.5%
Q3 25
28.5%
35.5%
Q2 25
-47.5%
34.0%
Q1 25
17.3%
37.5%
Q4 24
14.3%
Q3 24
22.1%
31.4%
Q2 24
6.8%
30.8%
Net Margin
COF
COF
GS
GS
Q1 26
18.6%
Q4 25
87.2%
34.3%
Q3 25
20.8%
27.0%
Q2 25
-34.2%
25.5%
Q1 25
14.0%
31.5%
Q4 24
10.8%
Q3 24
17.7%
23.5%
Q2 24
6.3%
23.9%
EPS (diluted)
COF
COF
GS
GS
Q1 26
$3.34
Q4 25
$4.33
$14.04
Q3 25
$4.83
$12.25
Q2 25
$-8.58
$10.91
Q1 25
$3.45
$14.12
Q4 24
$2.67
Q3 24
$4.41
$8.40
Q2 24
$1.38
$8.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COF
COF
GS
GS
Cash + ST InvestmentsLiquidity on hand
$164.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$112.3B
$125.0B
Total Assets
$682.9B
$1809.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COF
COF
GS
GS
Q1 26
Q4 25
$164.3B
Q3 25
$169.6B
Q2 25
$153.0B
Q1 25
$167.4B
Q4 24
Q3 24
$154.7B
Q2 24
$206.3B
Total Debt
COF
COF
GS
GS
Q1 26
Q4 25
$49.9B
Q3 25
$50.9B
Q2 25
$51.9B
Q1 25
$41.2B
Q4 24
$45.0B
Q3 24
$48.8B
Q2 24
$47.2B
Stockholders' Equity
COF
COF
GS
GS
Q1 26
$112.3B
Q4 25
$113.6B
$125.0B
Q3 25
$113.8B
$124.4B
Q2 25
$111.0B
$124.1B
Q1 25
$63.5B
$124.3B
Q4 24
$60.8B
Q3 24
$62.9B
$121.2B
Q2 24
$58.0B
$119.5B
Total Assets
COF
COF
GS
GS
Q1 26
$682.9B
Q4 25
$669.0B
$1809.3B
Q3 25
$661.9B
$1808.0B
Q2 25
$659.0B
$1785.0B
Q1 25
$493.6B
$1766.2B
Q4 24
$490.1B
Q3 24
$486.4B
$1728.1B
Q2 24
$480.0B
$1653.3B
Debt / Equity
COF
COF
GS
GS
Q1 26
Q4 25
0.44×
Q3 25
0.45×
Q2 25
0.47×
Q1 25
0.65×
Q4 24
0.74×
Q3 24
0.78×
Q2 24
0.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COF
COF
GS
GS
Operating Cash FlowLast quarter
$-16.3B
Free Cash FlowOCF − Capex
$-16.8B
FCF MarginFCF / Revenue
-124.9%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
-3.53×
TTM Free Cash FlowTrailing 4 quarters
$-47.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COF
COF
GS
GS
Q1 26
Q4 25
$27.7B
$-16.3B
Q3 25
$9.2B
$2.7B
Q2 25
$6.1B
$5.7B
Q1 25
$4.7B
$-37.2B
Q4 24
$18.2B
Q3 24
$6.5B
Q2 24
$6.2B
Free Cash Flow
COF
COF
GS
GS
Q1 26
Q4 25
$26.1B
$-16.8B
Q3 25
$8.8B
$2.1B
Q2 25
$5.7B
$5.2B
Q1 25
$4.3B
$-37.7B
Q4 24
$17.0B
Q3 24
$6.1B
Q2 24
$6.0B
FCF Margin
COF
COF
GS
GS
Q1 26
Q4 25
167.7%
-124.9%
Q3 25
57.1%
14.0%
Q2 25
45.4%
35.6%
Q1 25
43.2%
-250.5%
Q4 24
166.4%
Q3 24
61.4%
Q2 24
62.6%
Capex Intensity
COF
COF
GS
GS
Q1 26
Q4 25
10.1%
3.9%
Q3 25
2.5%
3.7%
Q2 25
3.2%
3.3%
Q1 25
3.5%
3.3%
Q4 24
11.8%
Q3 24
3.1%
Q2 24
3.0%
Cash Conversion
COF
COF
GS
GS
Q1 26
Q4 25
12.99×
-3.53×
Q3 25
2.87×
0.65×
Q2 25
1.52×
Q1 25
3.32×
-7.86×
Q4 24
16.57×
Q3 24
3.63×
Q2 24
10.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COF
COF

Segment breakdown not available.

GS
GS

Global Banking And Markets$10.5B78%
Other$2.9B22%

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