AMERICAN EXPRESS CO (AXP)
American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company offers credit and charge cards and complementary products and services, including travel, dining, and lifestyle and expense management products and services; and banking and other payment and financing products and services, including deposits and non-card lending. It also provides merchant acquisition and processing, servicing and settlement, fraud prevention, and point-of-sale marketing and information products and services, as well as network services. The company offers its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, affiliate marketing, customer referral programs, third-party service providers and business partners, in-house sales teams, direct mail, telephone, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.
Open AMERICAN EXPRESS CO in the interactive graph- Ticker
- AXP
- SEC CIK
- 0000004962
- Sector
- Financials
- Industry
- Consumer Finance
- Periods
- FY2025 Q1, FY2026, FY2026 Q1, FY2026 Q3, FY2027
- Headquarters
- New York, NY
- Employees
- 76,800
Key figures
- Revenue 18.91B USD
- NetIncome 2.97B USD
- DilutedEPS 4.28 USD/share
Reported figures
- CapitalExpenditure 1.15B USD
- DilutedEPS 3.64 USD/share
- DilutedEPS 4.28 USD/share
- FreeCashFlow 2.65B USD
- GrossProfit 17.66B USD
- InterestExpense 1.97B USD
- NetIncome 2.58B USD
- NetIncome 2.97B USD
- OperatingExpenses 13.90B USD
- OperatingIncome 6.60B USD
- OtherMetric 2 percent
- OtherMetric 2.1 percent
- OtherMetric 21.4 percent
- OtherMetric 22.4 percent
- OtherMetric 387.40B USD
- OtherMetric 393.60B USD
- OtherMetric 428.00B USD
- ProvisionForCreditLosses 1.20B USD
- ProvisionForCreditLosses 1.30B USD
- Revenue 16.97B USD
- Revenue 17.21B USD
- Revenue 18.91B USD
- Revenue 20.88B USD
- SellingGeneralAndAdministrativeExpense 6.63B USD
- SharesOutstanding 686,000,000.00 shares
- SharesOutstanding 702,000,000.00 shares
Guidance
- DilutedEPS guidance 17.30–17.90 USD/share
- Revenue guidance 9–10 percent
Drivers
- Discrete tax benefits in the current quarter reduced the effective tax rate
- Higher Card Member spending drove revenue growth
- Higher net write-offs increased provisions for credit losses
- Higher operating expenses drove expense growth
- Higher variable customer engagement costs due to increased Card Member spending drove expe
- Increased net interest income supported by growth in card balances drove revenue growth
- Lower reserve release compared to prior year increased provisions for credit losses
- Strong card fee growth drove revenue growth
- Strong demand and engagement with premium products drove Card Member spending growth
- U.S. Platinum Card refresh drove expense growth
- Usage of travel- and lifestyle-related benefits drove expense growth
Risks
- Changes in foreign currency exchange rates
- Changes in interest rates, inflation, supply chain issues, energy costs, market volatility
- Changes in the competitive environment and an inability to realize benefits from new and e
- Effects of announced or future tariffs
- Effects of regulatory initiatives, including pricing regulation, such as pricing for card
- Effects of technology changes and the adoption of artificial intelligence (AI)
- Impact of any future contingencies, including legal costs and settlements, the imposition
- Impact of regulation and litigation, which could affect the profitability of the company's
- Impacts related to acquisitions, cobrand relationships and other partners
- Inability to address competitive pressures, attract and retain customers, invest in and en
- Increased surcharging, steering, suppression or other differential acceptance practices wi
- Issues impacting brand perceptions and the company's reputation
- Macroeconomic and geopolitical conditions, including slowdown in U.S. or global economic g
- Merchant coverage growing less than expected or the reduction of merchant acceptance or pe
- Merchant discount rates changing from the company's expectations
- Spending volumes not being consistent with expectations, including spending by U.S. consum
Corporate events
- American Express became the Official Payments Partner of the NFL globally
- American Express extended its long-term partnership with the NBA
Quotes
- “Given our strong results to date, we're reaffirming our full-year 2026 guidance …”
- “Our consistently strong performance reinforces that our strategy is working well…”
- “We had a very strong start to the year, reflecting continued momentum across our…”