American Express Company (AXP) reported $77.59B of revenue for the twelve months ended Sep 30, 2026. That is up 10.2% from the year before. Revenue for fiscal 2025 was $72.23B.

Yes. American Express Company earned $12.26B in net income for the twelve months ended Sep 30, 2026, a net margin of 15.8%.

How much cash and debt does AXP have?

American Express Company reported $43.20B in cash and cash equivalents and $58.54B of debt on its most recent balance sheet in SEC filings.

How fast is AXP revenue growing?

American Express Company's revenue changed +9.5% in fiscal 2025, to $72.23B. Its compound annual growth rate was +14.9% over 5 years and +8.2% over 10 years.

What is AXP free cash flow?

American Express Company generated $13.91B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $17.63B less capital expenditures.

What is AXP earnings per share?

Diluted earnings per share were $17.75 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did AXP last report financial results?

The latest statements here come from American Express Company's 10-Q filed on Oct 23, 2026, covering the period ended Sep 30, 2026.

Financials · AXP

American Express Company (AXP) financials

For the twelve months ended Sep 30, 2026, American Express Company reported $77.59B of revenue and $12.26B of net income.

Revenue, TTM: $77.59B
Revenue growth, YoY: +10.2%
Net income, TTM: $12.26B
Net income growth, YoY: +16.3%
Net margin: 15.8%
Free cash flow, TTM: $13.91B
EPS, diluted, TTM: $17.75
EPS growth, YoY: +19.1%
Cash: $43.20B
Total debt: $58.54B
P/E: 17.56
P/S: 2.77
Market cap: $215.24B

Annual revenue$72.23B

FY2016FY2025

Annual net income$10.83B

FY2016FY2025

Annual free cash flow$16.00B

FY2016FY2025

AXP revenue and earnings growth

AXP revenueQ3 2026$20.06B

Quarter YoY: +8.9%
QoQ: +2.2%
FY YoY: +9.5%
5Y CAGR: +14.9%
10Y CAGR: +8.2%

AXP revenue was $20.06B in fiscal Q3 2026 (ended Sep 30, 2026), up 8.9% from a year earlier and up 2.2% from the prior quarter. For the full fiscal 2025 it was $72.23B, up 9.5% from fiscal 2024. Compound annual growth was +14.9% over 5 years and +8.2% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

AXP net incomeQ3 2026$3.71B

Quarter YoY: +27.9%
QoQ: +19.4%
FY YoY: +7.0%
5Y CAGR: +28.1%
10Y CAGR: +7.7%

AXP net income was $3.71B in fiscal Q3 2026 (ended Sep 30, 2026), up 27.9% from a year earlier and up 19.4% from the prior quarter. For the full fiscal 2025 it was $10.83B, up 7.0% from fiscal 2024. Compound annual growth was +28.1% over 5 years and +7.7% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

AXP EPSQ3 2026$5.42

Quarter YoY: +30.9%
QoQ: +19.6%
FY YoY: +9.8%
5Y CAGR: +32.5%
10Y CAGR: +11.8%

AXP diluted EPS was $5.42 in fiscal Q3 2026 (ended Sep 30, 2026), up 30.9% from a year earlier and up 19.6% from the prior quarter. For the full fiscal 2025 it was $15.38, up 9.8% from fiscal 2024. Compound annual growth was +32.5% over 5 years and +11.8% over 10 years.

AXP free cash flowQ3 2026$4.44B

Quarter YoY: -20.5%
QoQ: -0.8%
FY YoY: +31.8%
5Y CAGR: +31.2%
10Y CAGR: +5.5%

AXP free cash flow was $4.44B in fiscal Q3 2026 (ended Sep 30, 2026), down 20.5% from a year earlier and down 0.8% from the prior quarter. For the full fiscal 2025 it was $16.00B, up 31.8% from fiscal 2024. Compound annual growth was +31.2% over 5 years and +5.5% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$72.23B	$65.95B	$60.52B	$52.86B	$42.38B	$36.09B	$43.56B	$40.34B	$36.88B	$35.44B
Interest expense	-	-	$6.85B	$2.76B	$1.28B	$2.10B	$3.46B	$2.94B	$2.11B	$1.71B
Pre-tax income	$13.79B	$12.89B	$10.51B	$9.59B	$10.69B	$4.30B	$8.43B	$8.12B	$7.42B	$8.04B
Income tax	$2.96B	$2.77B	$2.14B	$2.07B	$2.63B	$1.16B	$1.67B	$1.20B	$4.68B	$2.67B
Net income	$10.83B	$10.13B	$8.37B	$7.51B	$8.06B	$3.13B	$6.76B	$6.92B	$2.75B	$5.38B
EPS, basic	$15.41	$14.04	$11.23	$9.86	$10.04	$3.77	$8.00	$7.93	$3.00	$5.63
EPS, diluted	$15.38	$14.01	$11.21	$9.85	$10.02	$3.77	$7.99	$7.91	$2.99	$5.61
Diluted shares	696.0M	713.0M	736.0M	752.0M	790.0M	806.0M	830.0M	859.0M	886.0M	935.0M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$47.79B	$40.64B	$46.60B	$33.91B	$22.03B	$32.97B	$24.45B	$27.81B	$33.26B	$25.49B
Short-term investments	$742.00M	$221.00M	$166.00M	$307.00M	$188.00M	$157.00M	$223.00M	$166.00M	$70.00M	-
Goodwill	$4.87B	$4.19B	$3.85B	$3.79B	$3.80B	$3.85B	$3.31B	$3.07B	$3.01B	$2.93B
Total assets	$300.05B	$271.46B	$261.11B	$228.35B	$189.00B	$191.00B	$198.00B	$189.00B	$181.00B	$159.00B
Short-term debt	$1.37B	$1.37B	$1.29B	$1.35B	$2.24B	$1.88B	$6.44B	$3.10B	$3.28B	$5.58B
Total debt	$56.39B	$49.72B	$47.87B	$42.57B	$38.67B	$42.95B	$57.84B	$58.42B	$55.80B	$46.99B
Total liabilities	$266.58B	$241.20B	$233.05B	$203.64B	$166.37B	$168.38B	$175.25B	$166.31B	$162.94B	$138.39B
Shareholders' equity	$33.47B	$30.26B	$28.06B	$24.71B	$22.18B	$22.98B	$23.07B	$22.29B	$18.26B	$20.52B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$18.43B	$14.05B	$18.56B	$21.08B	$14.64B	$5.59B	$13.63B	$8.93B	$13.54B	$8.29B
Capital expenditures	$2.42B	$1.91B	$1.56B	$1.85B	$1.55B	$1.48B	$1.65B	$1.31B	$1.06B	$1.38B
Free cash flow	$16.00B	$12.14B	$17.00B	$19.22B	$13.10B	$4.11B	$11.99B	$7.62B	$12.48B	$6.92B
Investing cash flow	-$22.89B	-$24.40B	-$24.43B	-$33.69B	-$10.53B	$11.63B	-$16.71B	-$19.61B	-$18.24B	$1.72B
Financing cash flow	$11.21B	$4.44B	$18.38B	$24.51B	-$14.93B	-$9.07B	-$519.00M	$5.10B	$12.24B	-$7.60B
Dividends paid	$2.27B	$2.00B	$1.78B	$1.56B	$1.45B	$1.47B	$1.42B	$1.32B	$1.25B	$1.21B
Share repurchases	$5.81B	$6.02B	$3.65B	$3.50B	$7.65B	$1.03B	-	$1.60B	$4.30B	$4.40B
Stock-based compensation	$551.00M	$504.00M	$450.00M	$375.00M	$330.00M	$249.00M	$283.00M	$283.00M	$282.00M	$254.00M
Depreciation and amortization	$1.78B	$1.68B	$1.65B	$1.63B	$1.70B	$1.54B	$1.19B	$1.29B	$1.32B	$1.09B

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	9.5%	9.0%	14.5%	24.7%	17.4%	-17.1%	8.0%	9.4%	4.1%	8.0%
Net income growth, YoY	7.0%	21.0%	11.4%	-6.8%	157.1%	-53.6%	-2.3%	151.9%	-48.9%	4.1%
EPS growth, YoY	9.8%	25.0%	13.8%	-1.7%	165.8%	-52.8%	1.0%	164.5%	-46.7%	11.1%
Net margin	15.0%	15.4%	13.8%	14.2%	19.0%	8.7%	15.5%	17.2%	7.5%	15.2%
Free cash flow margin	22.2%	18.4%	28.1%	36.4%	30.9%	11.4%	27.5%	18.9%	33.8%	19.5%
Return on equity	32.4%	33.5%	29.8%	30.4%	36.3%	13.6%	29.3%	31.0%	15.0%	26.2%
Return on assets	3.6%	3.7%	3.2%	3.3%	4.3%	1.6%	3.4%	3.7%	1.5%	3.4%
Debt to equity	1.68	1.64	1.71	1.72	1.74	1.87	2.51	2.62	3.06	2.29

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$20.06B	$19.64B	$18.91B	$18.98B	$18.43B	$17.86B	$16.97B	$17.18B	$16.64B	$16.33B	$15.80B	$15.80B
Interest expense	-	-	-	-	-	-	-	-	-	-	$2.01B	$1.95B
Pre-tax income	$4.53B	$4.07B	$3.78B	$3.09B	$3.83B	$3.55B	$3.33B	$2.76B	$3.20B	$3.79B	$3.15B	$2.51B
Income tax	$819.00M	$961.00M	$807.00M	$628.00M	$923.00M	$665.00M	$746.00M	$586.00M	$697.00M	$775.00M	$708.00M	$579.00M
Net income	$3.71B	$3.11B	$2.97B	$2.46B	$2.90B	$2.88B	$2.58B	$2.17B	$2.51B	$3.02B	$2.44B	$1.93B
EPS, basic	$5.43	$4.54	$4.29	$3.55	$4.14	$4.08	$3.64	$3.04	$3.50	$4.16	$3.34	$2.63
EPS, diluted	$5.42	$4.53	$4.28	$3.52	$4.14	$4.08	$3.64	$3.04	$3.49	$4.15	$3.33	$2.62
Diluted shares	674.0M	679.0M	686.0M	-	693.0M	699.0M	702.0M	-	709.0M	717.0M	722.0M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$43.20B	$45.24B	$53.76B	$47.79B	$54.71B	$57.94B	$52.51B	$40.64B	$47.92B	$52.90B	$54.21B	$46.60B
Short-term investments	$240.00M	$321.00M	$290.00M	$742.00M	$1.27B	$197.00M	$261.00M	$221.00M	$120.00M	$188.00M	$69.00M	$166.00M
Goodwill	-	-	-	$4.87B	-	-	-	$4.19B	-	-	-	$3.85B
Total assets	$310.27B	$308.20B	$308.89B	$300.05B	$297.55B	$295.56B	$282.24B	$271.46B	$270.98B	$272.22B	$269.26B	$261.11B
Short-term debt	$1.42B	$2.03B	$1.69B	$1.37B	$1.45B	$1.49B	$1.56B	$1.37B	$1.46B	$1.64B	$1.74B	$1.29B
Total debt	$58.54B	$57.02B	$58.75B	$56.39B	$57.79B	$58.20B	$51.24B	$49.72B	$53.55B	$51.52B	$48.83B	$47.87B
Total liabilities	$274.48B	$273.92B	$274.90B	$266.58B	$265.13B	$263.25B	$251.04B	$241.20B	$241.27B	$242.68B	$240.50B	$233.05B
Shareholders' equity	$35.80B	$34.28B	$33.99B	$33.47B	$32.42B	$32.31B	$31.20B	$30.26B	$29.71B	$29.54B	$28.76B	$28.06B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$5.38B	$5.37B	$3.80B	$3.07B	$6.23B	$4.36B	$4.76B	$5.78B	-$1.81B	$4.53B	$5.55B	$6.77B
Capital expenditures	$947.00M	$898.00M	$1.15B	$722.00M	$654.00M	$619.00M	$430.00M	$495.00M	$455.00M	$565.00M	$396.00M	$426.00M
Free cash flow	$4.44B	$4.47B	$2.65B	$2.35B	$5.58B	$3.75B	$4.33B	$5.28B	-$2.27B	$3.97B	$5.16B	$6.34B
Investing cash flow	-$5.04B	-$8.98B	-$2.87B	-$9.95B	-$6.60B	-$6.80B	$451.00M	-$12.24B	-$3.52B	-$5.49B	-$3.14B	-$8.17B
Financing cash flow	-$2.42B	-$4.90B	$4.98B	-$154.00M	-$2.96B	$7.68B	$6.64B	-$770.00M	$350.00M	-$325.00M	$5.18B	$4.07B
Dividends paid	$668.00M	$665.00M	$583.00M	$583.00M	$586.00M	$593.00M	$509.00M	$510.00M	$516.00M	$521.00M	$452.00M	$454.00M
Share repurchases	$1.59B	$2.30B	$1.91B	$899.00M	$2.35B	$1.36B	$1.21B	$1.03B	$1.94B	$1.76B	$1.29B	$901.00M
Stock-based compensation	$137.00M	$155.00M	$203.00M	$141.00M	$125.00M	$127.00M	$158.00M	$111.00M	$113.00M	$104.00M	$176.00M	$109.00M
Depreciation and amortization	$494.00M	$488.00M	$468.00M	$462.00M	$455.00M	$427.00M	$433.00M	$428.00M	$437.00M	$421.00M	$390.00M	$422.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	8.9%	10.0%	11.4%	10.5%	10.8%	9.3%	7.4%	8.7%	8.2%	8.5%	10.6%	11.4%
Net income growth, YoY	27.9%	7.8%	15.0%	13.5%	15.8%	-4.3%	6.0%	12.3%	2.3%	38.7%	34.2%	23.0%
EPS growth, YoY	30.9%	11.0%	17.6%	15.8%	18.6%	-1.7%	9.3%	16.0%	5.8%	43.6%	38.8%	26.0%
Net margin	18.5%	15.8%	15.7%	13.0%	15.7%	16.2%	15.2%	12.6%	15.1%	18.5%	15.4%	12.2%
Free cash flow margin	22.1%	22.8%	14.0%	12.4%	30.3%	21.0%	25.5%	30.8%	-13.6%	24.3%	32.6%	40.1%
Debt to equity	1.64	1.66	1.73	1.68	1.78	1.80	1.64	1.64	1.80	1.74	1.70	1.71

Source: XBRL data American Express Company files with the SEC, latest filing dated Oct 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

AXP peers

Company	Revenue	Growth	Net income	Net margin	Market cap
AXP	$77.59B	+10.2%	$12.26B	15.8%	$215.24B
BACBank of America Corporation	$120.16B	+5.4%	$32.24B	26.8%	$340.97B
COFCapital One Financial Corporation	$63.01B	+31.2%	$10.87B	17.2%	$121.43B
DALDelta Air Lines Inc.	$71.80B	+14.1%	$3.29B	4.6%	$57.37B
NRDSNerdWallet Inc.	$884.50M	+11.3%	$53.60M	6.1%	$504.4M

AXP FAQ

8 questions

What is AXP revenue?
American Express Company (AXP) reported $77.59B of revenue for the twelve months ended Sep 30, 2026. That is up 10.2% from the year before. Revenue for fiscal 2025 was $72.23B.
Is AXP profitable?
Yes. American Express Company earned $12.26B in net income for the twelve months ended Sep 30, 2026, a net margin of 15.8%.
How much cash and debt does AXP have?
American Express Company reported $43.20B in cash and cash equivalents and $58.54B of debt on its most recent balance sheet in SEC filings.
How fast is AXP revenue growing?
American Express Company's revenue changed +9.5% in fiscal 2025, to $72.23B. Its compound annual growth rate was +14.9% over 5 years and +8.2% over 10 years.
What is AXP free cash flow?
American Express Company generated $13.91B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $17.63B less capital expenditures.
What is AXP earnings per share?
Diluted earnings per share were $17.75 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did AXP last report financial results?
The latest statements here come from American Express Company's 10-Q filed on Oct 23, 2026, covering the period ended Sep 30, 2026.
Where does this AXP financial data come from?
Quantisnow builds these statements from the structured XBRL data American Express Company files with the SEC. It is provided for information only and is not investment advice.