Disclosed herein is a coil component that includes: a drum core including a winding core part, a first flange part provided at one end of the winding core part in an axial direction of the winding core part, and a second flange part provided at other end of the winding core part in the axial direction of the winding core part; first, second, third, and fourth terminal electrodes provided on the first flange part; fifth, sixth, and seventh terminal electrodes provided on the second flange part; and first, second, third, and fourth wires wound around the winding core part, wherein one ends of the first to fourth wires are each connected to any one of the first to fourth terminal electrodes, and wherein other ends of the first to fourth wires are each connected to any one of the fifth to seventh terminal electrodes.