Here are the 10-Q quarterly reports from American Express Company (AXP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AXP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AXP filings page.
American Express Company reported third-quarter 2026 revenue net of interest expense of $20.062 billion, up 9% year over year, and net income of $3.712 billion, versus $2.902 billion. Diluted EPS was $5.42, compared with $4.14. At September 30, 2026, total Card balances and Other loans were $233.153 billion, up 8% year over year.
A sale of its equity interest in Global Business Travel Group, Inc. generated a $982 million gain ($751 million after tax); the company also recorded a $336 million restructuring charge ($253 million after tax) tied to efficiency initiatives. Credit-loss provisions fell 23% to $985 million, reflecting reserve releases partly offset by higher net write-offs. American Express returned $2.240 billion through share repurchases and common dividends. Its Common Equity Tier 1 capital ratio was 10.9% as of September 30, 2026, within its 10% to 11% target range.
After quarter-end, on October 8, 2026, American Express Company and American Express Travel Related Services Company, Inc. consented to a Federal Reserve order resolving reviews of certain aspects of the financial crimes compliance program. American Express National Bank consented to an OCC order and agreed to a $350 million civil money penalty.
American Express Company reported second-quarter 2026 total revenues net of interest expense of $19,637 million, up 10% from a year earlier. Net income was $3,110 million and diluted EPS was $4.53, compared with $2,885 million and $4.08 in 2025.
Card activity remained robust: network volumes reached $516.8 billion and billed business grew 9%, with broad-based gains in Goods & Services and Travel & Entertainment. Total Card balances and Other loans rose 8% to $229,481 million, while credit quality stayed stable with a 2.0% principal-only net write-off rate and 1.2% consumer and small business delinquency.
Across segments, U.S. Consumer Services revenues increased 11%, Commercial Services 7% and International Card Services 12%, all net of interest expense. Return on average equity was 36.4%, the Common Equity Tier 1 capital ratio stood at 10.4%, and the company returned $2,887 million to shareholders in Q2 via repurchases and dividends.
American Express Company reported solid growth for the quarter ended March 31, 2026, driven by higher card spending and lending. Total revenues net of interest expense rose to $18.9 billion from $17.0 billion, an 11% increase, while net income increased to $3.0 billion, with diluted EPS of $4.28 versus $3.64 a year earlier.
Network volumes reached $486.3 billion, up 11%, and billed business grew 10%, supported by strong U.S. consumer and international spending. Credit metrics remained stable, with Card balances net write-off rate at 2.3% and 30+ day delinquencies for consumer and small business at 1.3%. Return on average equity was 35.2%.
The company maintained a Common Equity Tier 1 ratio of 10.5% and returned $2.3 billion to shareholders through $1.7 billion of share repurchases and $652 million of common dividends. Customer deposits grew to $157.9 billion, and cash and cash equivalents totaled $53.8 billion, supporting a strong liquidity profile.
American Express Company reported solid Q3 results, highlighted by higher spending and stable credit. Total revenues net of interest expense were $18,426 million, up 11% year over year, while net income rose to $2,902 million (diluted EPS $4.14, up 19%). Network volumes reached $479.2 billion and billed business was $421.0 billion, both up 9%, driven by strong retail and restaurant spend and improved airline activity.
Credit metrics remained steady: net write-offs (principal, interest and fees) held at 2.2% and 30+ day delinquencies for consumer and small business were 1.3%. Provisions for credit losses declined 5% to $1,287 million. The company added 3.2 million proprietary new cards and refreshed U.S. Consumer and Business Platinum Cards with expanded benefits, alongside an increased annual fee applied at renewal and recognized over the membership period. Liquidity and capital stayed strong with cash and equivalents of $54,706 million, customer deposits of $149,883 million, and CET1 of 10.5%. The company returned $2.9 billion to shareholders through repurchases and dividends. Shares outstanding were 688,851,653 as of October 14, 2025.