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    DFS logo Discover Financial Services +
    DFS logo
    Discover Financial Services
    +
    • Overview
    • Revenue
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      • Revenue by Region
    • Financials
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    DFS logo Discover Financial Services DFS + Follow
    • Revenue
    • Employees
    • Market Capitalization

    Discover Financial Services's Revenue (2015 - 2024)

    • Discover Financial Services's annual revenue was $20.02 B in fiscal year 2024. The annual revenue increased $10.18 B from $9.84 B (in 2023) to $20.02 B (in 2024), representing a 103.41% year-over-year growth.

    • Discover Financial Services's quarterly revenue was $5.49 B in the quarter ending Mar 2025. The quarterly revenue increased $2.83 B from $2.66 B (in Q1: Dec 2024) to $5.49 B (in Q1: Dec 2025), representing a 106.31% year-over-year growth.

    • Over the past 10 years (2015 - 2024):
    • The highest annual revenue for Discover Financial Services was $20.02 B in fiscal year 2024.
    • The lowest annual revenue was $8.74 B in fiscal year 2015.
    • The average revenue was $11.63 B.

    • Learn more about Discover Financial Services's Revenue by Segment and Revenue by Region.

      Check out competitors to Discover Financial Services in a side-by-side comparison.

      Explore additional financial metrics for Discover Financial Services.


      Definition of Revenue :
    • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
    Continue reading...

    Discover Financial Services's Revenue Trend

    2014 8477000000.00
    2015 8739000000.00
    2016 9099000000.00
    2017 9897000000.00
    2018 10709000000.00
    2019 11459000000.00
    2020 11088000000.00
    2021 12087000000.00
    2022 13337000000.00
    2023 9842000000.00
    2024 20020000000.00
    Mar 2015 2171000000.00
    Jun 2015 2175000000.00
    Sep 2015 2188000000.00
    Dec 2015 2205000000.00
    Mar 2016 2224000000.00
    Jun 2016 2216000000.00
    Sep 2016 2301000000.00
    Dec 2016 2358000000.00
    Mar 2017 2339000000.00
    Jun 2017 2419000000.00
    Sep 2017 2525000000.00
    Dec 2017 2614000000.00
    Mar 2018 2575000000.00
    Jun 2018 2603000000.00
    Sep 2018 2724000000.00
    Dec 2018 2807000000.00
    Mar 2019 2763000000.00
    Jun 2019 2852000000.00
    Sep 2019 2900000000.00
    Dec 2019 2944000000.00
    Mar 2020 2888000000.00
    Jun 2020 2662000000.00
    Sep 2020 2714000000.00
    Dec 2020 2824000000.00
    Mar 2021 2795000000.00
    Jun 2021 3579000000.00
    Sep 2021 2777000000.00
    Dec 2021 2936000000.00
    Mar 2022 2902000000.00
    Jun 2022 3224000000.00
    Sep 2022 3479000000.00
    Dec 2022 3732000000.00
    Mar 2023 3753000000.00
    Jun 2023 3878000000.00
    Sep 2023 4044000000.00
    Dec 2023 2271000000.00
    Mar 2024 2663000000.00
    Jun 2024 5985000000.00
    Sep 2024 5910000000.00
    Dec 2024 4759000000.00
    Mar 2025 5494000000.00

    2024

    Discover Financial Services's annual revenue was $20.02 B in fiscal year 2024.

    Discover Financial Services's quarterly revenue was $2.66 B(Q1: Mar 2024), $5.99 B(Q2: Jun 2024), $5.91 B(Q3: Sep 2024), $4.76 B(Q4: Dec 2024) in fiscal year 2024.

    2023

    Discover Financial Services's annual revenue was $9.84 B in fiscal year 2023.

    Discover Financial Services's quarterly revenue was $3.75 B(Q1: Mar 2023), $3.88 B(Q2: Jun 2023), $4.04 B(Q3: Sep 2023), $2.27 B(Q4: Dec 2023) in fiscal year 2023.

    2022

    Discover Financial Services's annual revenue was $13.34 B in fiscal year 2022.

    Discover Financial Services's quarterly revenue was $2.90 B(Q1: Mar 2022), $3.22 B(Q2: Jun 2022), $3.48 B(Q3: Sep 2022), $3.73 B(Q4: Dec 2022) in fiscal year 2022.

    2021

    Discover Financial Services's annual revenue was $12.09 B in fiscal year 2021.

    Discover Financial Services's quarterly revenue was $2.80 B(Q1: Mar 2021), $3.58 B(Q2: Jun 2021), $2.78 B(Q3: Sep 2021), $2.94 B(Q4: Dec 2021) in fiscal year 2021.

    2020

    Discover Financial Services's annual revenue was $11.09 B in fiscal year 2020.

    Discover Financial Services's quarterly revenue was $2.89 B(Q1: Mar 2020), $2.66 B(Q2: Jun 2020), $2.71 B(Q3: Sep 2020), $2.82 B(Q4: Dec 2020) in fiscal year 2020.

    2019

    Discover Financial Services's annual revenue was $11.46 B in fiscal year 2019.

    Discover Financial Services's quarterly revenue was $2.76 B(Q1: Mar 2019), $2.85 B(Q2: Jun 2019), $2.90 B(Q3: Sep 2019), $2.94 B(Q4: Dec 2019) in fiscal year 2019.

    2018

    Discover Financial Services's annual revenue was $10.71 B in fiscal year 2018.

    Discover Financial Services's quarterly revenue was $2.58 B(Q1: Mar 2018), $2.60 B(Q2: Jun 2018), $2.72 B(Q3: Sep 2018), $2.81 B(Q4: Dec 2018) in fiscal year 2018.

    2017

    Discover Financial Services's annual revenue was $9.90 B in fiscal year 2017.

    Discover Financial Services's quarterly revenue was $2.34 B(Q1: Mar 2017), $2.42 B(Q2: Jun 2017), $2.53 B(Q3: Sep 2017), $2.61 B(Q4: Dec 2017) in fiscal year 2017.

    2016

    Discover Financial Services's annual revenue was $9.10 B in fiscal year 2016.

    Discover Financial Services's quarterly revenue was $2.22 B(Q1: Mar 2016), $2.22 B(Q2: Jun 2016), $2.30 B(Q3: Sep 2016), $2.36 B(Q4: Dec 2016) in fiscal year 2016.

    2015

    Discover Financial Services's annual revenue was $8.74 B in fiscal year 2015.

    Discover Financial Services's quarterly revenue was $2.17 B(Q1: Mar 2015), $2.18 B(Q2: Jun 2015), $2.19 B(Q3: Sep 2015), $2.21 B(Q4: Dec 2015) in fiscal year 2015.

    Continue reading...

    Discover Financial Services's Revenue (Year-over-Year Change)

    2014 0
    2015 +3.09
    2016 +4.12
    2017 +8.77
    2018 +8.20
    2019 +7.00
    2020 -3.24
    2021 +9.01
    2022 +10.34
    2023 -26.21
    2024 +103.41
    Q1: Mar 15 4.48
    Q2: Jun 15 0.14
    Q3: Sep 15 -0.09
    Q4: Dec 15 8.25
    Q1: Mar 16 2.44
    Q2: Jun 16 1.89
    Q3: Sep 16 5.16
    Q4: Dec 16 6.94
    Q1: Mar 17 5.17
    Q2: Jun 17 9.16
    Q3: Sep 17 9.73
    Q4: Dec 17 10.86
    Q1: Mar 18 10.09
    Q2: Jun 18 7.61
    Q3: Sep 18 7.88
    Q4: Dec 18 7.38
    Q1: Mar 19 7.30
    Q2: Jun 19 9.57
    Q3: Sep 19 6.46
    Q4: Dec 19 4.88
    Q1: Mar 20 4.52
    Q2: Jun 20 -6.66
    Q3: Sep 20 -6.41
    Q4: Dec 20 -4.08
    Q1: Mar 21 -3.22
    Q2: Jun 21 34.45
    Q3: Sep 21 2.32
    Q4: Dec 21 3.97
    Q1: Mar 22 3.83
    Q2: Jun 22 -9.92
    Q3: Sep 22 25.28
    Q4: Dec 22 27.11
    Q1: Mar 23 29.32
    Q2: Jun 23 20.29
    Q3: Sep 23 16.24
    Q4: Dec 23 -39.15
    Q1: Mar 24 -29.04
    Q2: Jun 24 54.33
    Q3: Sep 24 46.14
    Q4: Dec 24 109.56
    Q1: Mar 25 106.31

    2024

    Discover Financial Services’s annual revenue increased +103.41% during fiscal year 2024 compared to 2023. It represents a growth of $10.18 B from $9.84 B (in 2023) to $20.02 B (in 2024).

    2023

    Discover Financial Services’s annual revenue decreased -26.21% during fiscal year 2023 compared to 2022. It represents a decline of $3.50 B from $13.34 B (in 2022) to $9.84 B (in 2023).

    2022

    Discover Financial Services’s annual revenue increased +10.34% during fiscal year 2022 compared to 2021. It represents a growth of $1.25 B from $12.09 B (in 2021) to $13.34 B (in 2022).

    2021

    Discover Financial Services’s annual revenue increased +9.01% during fiscal year 2021 compared to 2020. It represents a growth of $999.00 M from $11.09 B (in 2020) to $12.09 B (in 2021).

    2020

    Discover Financial Services’s annual revenue decreased -3.24% during fiscal year 2020 compared to 2019. It represents a decline of $371.00 M from $11.46 B (in 2019) to $11.09 B (in 2020).

    2019

    Discover Financial Services’s annual revenue increased +7.00% during fiscal year 2019 compared to 2018. It represents a growth of $750.00 M from $10.71 B (in 2018) to $11.46 B (in 2019).

    2018

    Discover Financial Services’s annual revenue increased +8.20% during fiscal year 2018 compared to 2017. It represents a growth of $812.00 M from $9.90 B (in 2017) to $10.71 B (in 2018).

    2017

    Discover Financial Services’s annual revenue increased +8.77% during fiscal year 2017 compared to 2016. It represents a growth of $798.00 M from $9.10 B (in 2016) to $9.90 B (in 2017).

    2016

    Discover Financial Services’s annual revenue increased +4.12% during fiscal year 2016 compared to 2015. It represents a growth of $360.00 M from $8.74 B (in 2015) to $9.10 B (in 2016).

    2015

    Discover Financial Services’s annual revenue increased +3.09% during fiscal year 2015 compared to 2014. It represents a growth of $262.00 M from $8.48 B (in 2014) to $8.74 B (in 2015).

    Continue reading...

    Discover Financial Services Revenue History

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    Period Revenue Year-over-Year Change

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    FY 2024
    $20.02 B $10.18 B 103.41%
    Q4: Dec 24 $4.76 B $2.49 B 109.56%
    Q3: Sep 24 $5.91 B $1.87 B 46.14%
    Q2: Jun 24 $5.99 B $2.11 B 54.33%
    Q1: Mar 24 $2.66 B -$1.09 B 29.04%

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    FY 2023
    $9.84 B -$3.50 B 26.21%
    Q4: Dec 23 $2.27 B -$1.46 B 39.15%
    Q3: Sep 23 $4.04 B $565.00 M 16.24%
    Q2: Jun 23 $3.88 B $654.00 M 20.29%
    Q1: Mar 23 $3.75 B $851.00 M 29.32%

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    FY 2022
    $13.34 B $1.25 B 10.34%
    Q4: Dec 22 $3.73 B $796.00 M 27.11%
    Q3: Sep 22 $3.48 B $702.00 M 25.28%
    Q2: Jun 22 $3.22 B -$355.00 M 9.92%
    Q1: Mar 22 $2.90 B $107.00 M 3.83%

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    FY 2021
    $12.09 B $999.00 M 9.01%
    Q4: Dec 21 $2.94 B $112.00 M 3.97%
    Q3: Sep 21 $2.78 B $63.00 M 2.32%
    Q2: Jun 21 $3.58 B $917.00 M 34.45%
    Q1: Mar 21 $2.80 B -$93.00 M 3.22%

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    FY 2020
    $11.09 B -$371.00 M 3.24%
    Q4: Dec 20 $2.82 B -$120.00 M 4.08%
    Q3: Sep 20 $2.71 B -$186.00 M 6.41%
    Q2: Jun 20 $2.66 B -$190.00 M 6.66%
    Q1: Mar 20 $2.89 B $125.00 M 4.52%

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    FY 2019
    $11.46 B $750.00 M 7%
    Q4: Dec 19 $2.94 B $137.00 M 4.88%
    Q3: Sep 19 $2.90 B $176.00 M 6.46%
    Q2: Jun 19 $2.85 B $249.00 M 9.57%
    Q1: Mar 19 $2.76 B $188.00 M 7.3%

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    FY 2018
    $10.71 B $812.00 M 8.2%
    Q4: Dec 18 $2.81 B $193.00 M 7.38%
    Q3: Sep 18 $2.72 B $199.00 M 7.88%
    Q2: Jun 18 $2.60 B $184.00 M 7.61%
    Q1: Mar 18 $2.58 B $236.00 M 10.09%

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    FY 2017
    $9.90 B $798.00 M 8.77%
    Q4: Dec 17 $2.61 B $256.00 M 10.86%
    Q3: Sep 17 $2.53 B $224.00 M 9.73%
    Q2: Jun 17 $2.42 B $203.00 M 9.16%
    Q1: Mar 17 $2.34 B $115.00 M 5.17%

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    FY 2016
    $9.10 B $360.00 M 4.12%
    Q4: Dec 16 $2.36 B $153.00 M 6.94%
    Q3: Sep 16 $2.30 B $113.00 M 5.16%
    Q2: Jun 16 $2.22 B $41.00 M 1.89%
    Q1: Mar 16 $2.22 B $53.00 M 2.44%

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    FY 2015
    $8.74 B $262.00 M 3.09%
    Q4: Dec 15 $2.21 B $168.00 M 8.25%
    Q3: Sep 15 $2.19 B -$2.00 M 0.09%
    Q2: Jun 15 $2.18 B $3.00 M 0.14%
    Q1: Mar 15 $2.17 B $93.00 M 4.48%

    Frequently Asked Questions

    What is the annual revenue of Discover Financial Services?

    In fiscal year 2024, Discover Financial Services's revenue was $20.02 Billion.

    How much did Discover Financial Services's revenue change in the last year?

    Discover Financial Services's revenue increased by +103.41% (+$10.18 Billion) in 2024 compared to 2023.

    What is Discover Financial Services's most recent quarterly revenue?

    In the first quarter (Q1) of 2025, Discover Financial Services reported a revenue of $5.49 Billion.

    What is Discover Financial Services's revenue per share (TTM)?

    Discover Financial Services's revenue per share over the trailing twelve months is $79.76.

    What is Discover Financial Services's revenue per employee?

    In the fiscal year 2024, Discover Financial Services's revenue per employee was $953.33 K.

    What is the annual net income of Discover Financial Services?

    In fiscal year 2024, Discover Financial Services's net income was $4.54 Billion.

    What is Discover Financial Services's biggest product segment, and what is its revenue?

    Digital Banking is Discover Financial Services's biggest product segment, generating $2.08 Billion in revenue for fiscal year 2024.

    What is Discover Financial Services's net income per employee?

    In the fiscal year 2024, Discover Financial Services's net income per employee was $215.95 K.

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