Discover Financial Services (DFS) — Financial statements
Income statement, balance sheet, and cash flow for Discover Financial Services — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 20,020↑103.4% | 9,842↓26.2% | 13,337↑10.3% | 12,087↑9.0% | 11,088 | |
| Cost of Revenue | 2,110 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Gross Profit | 17,910↑82.0% | 9,842↓26.2% | 13,337↑10.3% | 12,087↑9.0% | 11,088 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,274↓47.7% | 2,434↑13.8% | 2,139↑7.7% | 1,986↑4.9% | 1,894 | |
| Selling & Marketing Expenses | 1,070↓8.1% | 1,164↑12.5% | 1,035↑27.8% | 810↑22.9% | 659 | |
| SG&A Expenses | 2,344↓34.9% | 3,598↑13.4% | 3,174↑13.5% | 2,796↑9.5% | 2,553 | |
| Other Expenses | 0.00↓100.0% | 1,130↑142.9% | -2,636↑66.3% | -7,819↓1211.9% | -596 | |
| Operating Expenses | 2,344↓50.4% | 4,728↑148.1% | 1,906↑137.9% | -5,023↓356.7% | 1,957 | |
| Total Costs & Expenses | 2,344↓50.4% | 4,728↑148.1% | 1,906↑137.9% | -5,023↓356.7% | 1,957 | |
| Operating Results | ||||||
| Operating Income | 17,676↑245.6% | 5,114↓32.8% | 7,607↑7.7% | 7,064↑392.3% | 1,435 | |
| Depreciation & Amortization | 0.00 | 0.00↓100.0% | 194↑2.6% | 189↓4.5% | 198 | |
| EBITDA | 0.00 | 0.00↓100.0% | 6,279↓17.3% | 7,595 | 0.00 | |
| EBIT | -300↓107.8% | 3,826↓33.1% | 5,718↓19.1% | 7,064↑1556.5% | -485 | |
| Interest & Other Income | ||||||
| Net Interest Income | 14,296↑9.1% | 13,099↑19.1% | 10,999↑15.6% | 9,517↑3.1% | 9,230 | |
| Interest Income | 20,020↑12.2% | 17,845↑38.7% | 12,864↑20.8% | 10,651↓4.0% | 11,095 | |
| Interest Expense | 5,724↑20.6% | 4,746↑154.5% | 1,865↑64.5% | 1,134↓39.2% | 1,865 | |
| Non-Operating Income | 17,976↑1295.7% | 1,288↑764.4% | 149↓86.3% | 1,084↓47.8% | 2,075 | |
| Other Income / Expenses | -11,602↓800.8% | -1,288↓764.4% | -149↑86.3% | -1,084↓599.4% | -155 | |
| Income Before Tax | 6,074↑58.8% | 3,826↓33.4% | 5,742↓18.7% | 7,064↑392.3% | 1,435 | |
| Income Tax Expense | 1,539↑73.7% | 886↓34.4% | 1,350↓16.4% | 1,615↑449.3% | 294 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,535↑54.3% | 2,940↓32.8% | 4,374↓19.3% | 5,422↑375.2% | 1,141 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,535↑54.3% | 2,940↓32.8% | 4,374↓19.3% | 5,422↑375.2% | 1,141 | |
| Bottom-Line Net Income | 4,446↑55.5% | 2,859↓33.3% | 4,286↓19.9% | 5,351↑384.7% | 1,104 | |
| EPS (Basic) | 17.71↑57.3% | 11.26↓27.2% | 15.47↓13.3% | 17.84↑395.6% | 3.60 | |
| EPS (Diluted) | 17.71↑57.3% | 11.26↓27.0% | 15.42↓13.6% | 17.84↑395.6% | 3.60 | |
| Weighted Average Shares | 251↓1.2% | 254↓8.3% | 277↓7.7% | 300↓2.3% | 307 | |
| Weighted Average Diluted Shares | 251↓1.2% | 254↓8.6% | 278↓7.3% | 300↓2.3% | 307 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.