In theory yes, but in practice it's more complicated than that.
The additional weight of the bigger battery will eat into your flight time so you may not see much increase, if any. There's a point of diminishing returns. And you're talking about a battery that is THREE TIMES as large, so the quad may even have a hard time just getting off the ground. It certainly won't fly as intended with that kind of extra weight.
Also I'm not aware of any 1s batteries that large so I assume you are talking about building your own by using three 500mah in parallel. Then you've got to figure out how to fit them to the quad.