A coil component having a structure that can easily realize a desired positional relationship between a cover member and a bobbin portion is provided. The coil component includes a bobbin portion, a magnetic core inserted through the bobbin portion, and a coil wound around the bobbin portion, and a cover member covering the bobbin portion by being externally fitted to the bobbin portion. In the coil component, the cover member and the bobbin portion abut each other, and at least one of the cover member and the bobbin portion elastically biases the other in a first direction parallel to a mounting surface.