American ExpressAXPEarnings & Financial Report
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...
Revenue
$9.6B
Gross Profit
N/A
Operating Profit
$3.3B
Net Profit
$2.6B
Gross Margin
N/A
Operating Margin
34.6%
Net Margin
26.8%
YoY Growth
3.1%
EPS
$3.64
American Express Q1 FY2025 Financial Summary
American Express reported revenue of $9.6B (up 3.1% YoY) for Q1 FY2025, with a net profit of $2.6B (up 6.0% YoY) (26.8% margin).
Key Financial Metrics
| Total Revenue | $9.6B |
|---|---|
| Net Profit | $2.6B |
| Gross Margin | N/A |
| Operating Margin | 34.6% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
American Express Q1 FY2025 revenue of $9.6B breaks down across 5 segments, led by US Consumer Services Segment at $3.6B (37.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| US Consumer Services Segment | $3.6B | 37.8% |
| Commercial Services Segment | $2.8B | 29.4% |
| International Card Services Segment | $1.7B | 17.5% |
| Global Merchant And Network Services Segment | $1.5B | 15.4% |
| Financial Service Other | $408.0M | 4.2% |
American Express Revenue by Segment — Quarterly Trend
American Express revenue by segment across the last 4 reported quarters, showing how each business line (such as US Consumer Services Segment and Commercial Services Segment) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| US Consumer Services Segment | — | $4.2B | $3.9B | $3.9B |
| Commercial Services Segment | — | $3.1B | $3.0B | $3.0B |
| International Card Services Segment | — | $2.1B | $1.9B | $1.9B |
| Global Merchant And Network Services Segment | — | $1.7B | $1.6B | $1.6B |
| Financial Service Other | — | $471.0M | $456.0M | $438.0M |
American Express Annual Revenue by Year
American Express annual revenue history includes year-by-year totals (for example, 2025 revenue was $41.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $41.3B |
| 2024 | $38.8B |
| 2023 | $37.2B |
| 2022 | $34.2B |
American Express Quarterly Revenue & Net Profit History
American Express results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $18.9B | +11.4% | $3.0B | 15.7% |
| Q4 FY2025 | $10.9B | +9.9% | $2.5B | 22.5% |
| Q3 FY2025 | $10.4B | +7.2% | $2.9B | 27.9% |
| Q2 FY2025 | $10.3B | +5.1% | $2.9B | 28.0% |
| Q1 FY2025 | $9.6B | +3.1% | $2.6B | 26.8% |
| Q4 FY2024 | $10.0B | +4.1% | $2.2B | 21.8% |
| Q3 FY2024 | $9.7B | +3.6% | $2.5B | 25.8% |
| Q2 FY2024 | $9.8B | +4.1% | $3.0B | 30.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.82B | $9.72B | $9.95B | $9.63B | $10.32B | $10.41B | $10.94B | $18.91B |
| YoY Growth | 4.1% | 3.6% | 4.1% | 3.1% | 5.1% | 7.2% | 9.9% | 11.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $272.22B | $270.98B | $271.46B | $282.24B | $295.56B | $297.55B | $300.05B | $308.9M |
| Liabilities | $242.68B | $241.27B | $241.20B | $251.04B | $263.25B | $265.13B | $266.58B | $274.9M |
| Equity | $29.54B | $29.71B | $30.26B | $31.20B | $32.31B | $32.42B | $33.47B | $34.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $4.53B | $-1.81B | $5.78B | $4.76B | $4.36B | $6.23B | $3.07B |