A coil component includes a core body, a coil, and a metal terminal. The core body has a mounting surface, an upper surface having a recess, and a side surface. The coil has an embedded part embedded in the core body, and a protruding part protruding from the core body. The metal terminal is electrically connected to the first protruding part of the coil. The first metal terminal has a first plate arranged along the side surface, a second plate connected to an upper end of the first plate and arranged along the upper surface, and a third plate connected to a lower end of the first plate and arranged along the mounting surface. The second plate in the recess has a first arc-shaped part. The recess has a second arc-shaped part. The second arc-shaped part extends along a contour of the first arc-shaped part.