Monday 26 October 2026 Export AXP’s income statement to Excel — free account

American Express Company

American Express Company’s revenue for fiscal 2025 (year ended December 2025) was $80.5 billion, up 8.44% from fiscal 2024. In the quarter to June 2026, revenue grew 8.34%, EPS grew 11.3%, free cash flow grew 19.4% and total debt fell 2.04%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years, revenue growth for five.

313.22 11.95 −3.68%

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Market cap: $211.5B
P/E: 19.0×
Fwd P/E: 17.4×
Dividend yield: 1.17%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

American Express Company (AXP) revenue by segment, product and region

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015
USCS	15,626 37.83%	14,481 37.30%	13,715 36.85%	12,478 36.47%	9,823 35.44%	7,261 33.04%	—	—	—	—	—
CS	11,856 28.70%	11,559 29.77%	11,379 30.57%	10,844 31.69%	8,659 31.24%	7,123 32.42%	—	—	—	—	—
ICS	7,544 18.26%	6,766 17.43%	6,155 16.54%	5,301 15.49%	4,368 15.76%	3,663 16.67%	—	—	—	—	—
GMNS	6,306 15.27%	6,051 15.59%	6,006 16.14%	5,603 16.37%	4,694 16.94%	3,948 17.97%	—	—	—	—	—
Global Consumer Services Group	—	—	—	—	—	—	12,555 44.59%	11,264 42.33%	9,448 38.13%	9,386 38.73%	—
Global Commercial Services	—	—	—	—	—	—	10,633 37.76%	10,019 37.66%	9,471 38.22%	8,918 36.80%	9,740 29.68%
Global Merchant and Network Services	—	—	—	—	—	—	4,965 17.63%	5,312 19.96%	5,846 23.59%	5,826 24.04%	—
Corporate And Eliminations	—	—	—	—	—	—	—	—	—	105 0.43%	(131) (0.40%)
U S Consumer Services	—	—	—	—	—	—	—	—	—	—	13,189 40.19%
International Consumer and Network Services	—	—	—	—	—	—	—	—	—	—	5,337 16.26%
Global Merchant Services	—	—	—	—	—	—	—	—	—	—	4,683 14.27%
Other, not broken out	—	—	—	—	172 0.62%	—	—	—	—	—	—
Revenue	41,304	38,825	37,218	34,219	27,716	21,974	28,159	26,607	24,780	24,235	32,818

Revenue by region $m

Line	FY2015	FY2010	FY2009	FY2008
United States	24,927 75.96%	20,246 72.78%	17,489 71.32%	19,792 69.78%
EMEA	3,293 10.03%	3,297 11.85%	3,286 13.40%	3,693 13.02%
JAPA Geographic Region	2,791 8.50%	2,701 9.71%	2,294 9.35%	2,414 8.51%
LACC	2,412 7.35%	2,449 8.80%	2,315 9.44%	2,511 8.85%
Other Unallocated	(605) (1.84%)	(874) (3.14%)	(861) (3.51%)	(45) (0.16%)
Revenue	32,818	27,819	24,523	28,365

Operating figures as reported in each quarter’s results release

Figure	Quarter	Latest	A year before	Change
Billed Business	Q3 FY2026	$454.0B	$421.0B	+7.84%
Net write-off rate	Q3 FY2026	1.80%	1.90%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Billed Business	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Net write-off rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.