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Side-by-side financial comparison of American Express (AXP) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.

Over the past eight quarters, American Express's revenue compounded faster (-95.6% CAGR vs -100.0%).

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...

SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.

AXP vs SWKH — Head-to-Head

Bigger by revenue
AXP
AXP
Infinity× larger
AXP
$18.9M
$0
SWKH
Faster 2-yr revenue CAGR
AXP
AXP
Annualised
AXP
-95.6%
-100.0%
SWKH

Income Statement — Q1 2026 vs Q4 2025

Metric
AXP
AXP
SWKH
SWKH
Revenue
$18.9M
$0
Net Profit
$3.0M
$-19.4M
Gross Margin
Operating Margin
Net Margin
15.7%
Revenue YoY
11.4%
Net Profit YoY
15.0%
-430.2%
EPS (diluted)
$-1.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXP
AXP
SWKH
SWKH
Q1 26
$18.9M
Q4 25
$10.9B
$0
Q3 25
$10.4B
$0
Q2 25
$10.3B
$1.2M
Q1 25
$9.6B
$963.0K
Q4 24
$10.0B
$1.9M
Q3 24
$9.7B
$628.0K
Q2 24
$9.8B
$804.0K
Net Profit
AXP
AXP
SWKH
SWKH
Q1 26
$3.0M
Q4 25
$2.5B
$-19.4M
Q3 25
$2.9B
$8.8M
Q2 25
$2.9B
$3.5M
Q1 25
$2.6B
$4.5M
Q4 24
$2.2B
$5.9M
Q3 24
$2.5B
$3.5M
Q2 24
$3.0B
$3.7M
Operating Margin
AXP
AXP
SWKH
SWKH
Q1 26
Q4 25
28.2%
Q3 25
36.7%
Q2 25
34.4%
Q1 25
34.6%
Q4 24
27.7%
Q3 24
33.0%
Q2 24
38.6%
Net Margin
AXP
AXP
SWKH
SWKH
Q1 26
15.7%
Q4 25
22.5%
Q3 25
27.9%
Q2 25
28.0%
297.1%
Q1 25
26.8%
471.3%
Q4 24
21.8%
308.2%
Q3 24
25.8%
552.2%
Q2 24
30.7%
457.7%
EPS (diluted)
AXP
AXP
SWKH
SWKH
Q1 26
Q4 25
$3.52
$-1.59
Q3 25
$4.14
$0.72
Q2 25
$4.08
$0.29
Q1 25
$3.64
$0.37
Q4 24
$3.04
$0.47
Q3 24
$3.49
$0.28
Q2 24
$4.15
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXP
AXP
SWKH
SWKH
Cash + ST InvestmentsLiquidity on hand
$42.8M
Total DebtLower is stronger
$60.4M
$33.0M
Stockholders' EquityBook value
$34.0M
$235.1M
Total Assets
$308.9M
$272.4M
Debt / EquityLower = less leverage
1.78×
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXP
AXP
SWKH
SWKH
Q1 26
Q4 25
$742.0M
$42.8M
Q3 25
$1.3B
$10.2M
Q2 25
$197.0M
$8.0M
Q1 25
$261.0M
$29.8M
Q4 24
$221.0M
$5.9M
Q3 24
$120.0M
$17.2M
Q2 24
$188.0M
$5.5M
Total Debt
AXP
AXP
SWKH
SWKH
Q1 26
$60.4M
Q4 25
$56.4B
$33.0M
Q3 25
$57.8B
$33.0M
Q2 25
$58.2B
$33.0M
Q1 25
$51.2B
$33.0M
Q4 24
$49.7B
$33.0M
Q3 24
$53.5B
$33.0M
Q2 24
$51.5B
$33.0M
Stockholders' Equity
AXP
AXP
SWKH
SWKH
Q1 26
$34.0M
Q4 25
$33.5B
$235.1M
Q3 25
$32.4B
$254.2M
Q2 25
$32.3B
$246.5M
Q1 25
$31.2B
$292.7M
Q4 24
$30.3B
$288.7M
Q3 24
$29.7B
$283.4M
Q2 24
$29.5B
$282.8M
Total Assets
AXP
AXP
SWKH
SWKH
Q1 26
$308.9M
Q4 25
$300.1B
$272.4M
Q3 25
$297.6B
$289.4M
Q2 25
$295.6B
$285.7M
Q1 25
$282.2B
$331.3M
Q4 24
$271.5B
$332.2M
Q3 24
$271.0B
$321.3M
Q2 24
$272.2B
$321.0M
Debt / Equity
AXP
AXP
SWKH
SWKH
Q1 26
1.78×
Q4 25
1.68×
0.14×
Q3 25
1.78×
0.13×
Q2 25
1.80×
0.13×
Q1 25
1.64×
0.11×
Q4 24
1.64×
0.11×
Q3 24
1.80×
0.12×
Q2 24
1.74×
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXP
AXP
SWKH
SWKH
Operating Cash FlowLast quarter
$10.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXP
AXP
SWKH
SWKH
Q1 26
Q4 25
$3.1B
$10.3M
Q3 25
$6.2B
$906.0K
Q2 25
$4.4B
$7.8M
Q1 25
$4.8B
$8.3M
Q4 24
$5.8B
$6.9M
Q3 24
$-1.8B
$6.3M
Q2 24
$4.5B
$5.4M
Free Cash Flow
AXP
AXP
SWKH
SWKH
Q1 26
Q4 25
$2.3B
Q3 25
$5.6B
$557.0K
Q2 25
$3.7B
$7.7M
Q1 25
$4.3B
$8.2M
Q4 24
$5.3B
$6.8M
Q3 24
$-2.3B
$6.3M
Q2 24
$4.0B
$5.4M
FCF Margin
AXP
AXP
SWKH
SWKH
Q1 26
Q4 25
21.4%
Q3 25
53.6%
Q2 25
36.3%
650.3%
Q1 25
45.0%
849.4%
Q4 24
53.1%
357.0%
Q3 24
-23.3%
1001.3%
Q2 24
40.4%
670.6%
Capex Intensity
AXP
AXP
SWKH
SWKH
Q1 26
Q4 25
6.6%
Q3 25
6.3%
Q2 25
6.0%
5.3%
Q1 25
4.5%
10.4%
Q4 24
5.0%
4.6%
Q3 24
4.7%
4.6%
Q2 24
5.8%
2.6%
Cash Conversion
AXP
AXP
SWKH
SWKH
Q1 26
Q4 25
1.25×
Q3 25
2.15×
0.10×
Q2 25
1.51×
2.21×
Q1 25
1.84×
1.82×
Q4 24
2.66×
1.17×
Q3 24
-0.72×
1.82×
Q2 24
1.50×
1.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXP
AXP

Discount revenue$9.5M50%
Other$8.9M47%
Deposits with banks and other$512.0K3%

SWKH
SWKH

Segment breakdown not available.

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