AMERICAN EXPRESS CO (AXP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	85.5B	80.5B	74.2B	67.4B	55.6B
Cost of Revenue	12.6B	13.5B	13.4B	11.8B	4.9B
Gross Profit	72.9B	67.0B	60.8B	55.6B	50.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	26.4B	15.3B	14.2B	13.3B	12.7B
General & Admin Expense	16.6B	9.0B	8.2B	8.1B	7.3B
Selling & Marketing Expense	9.8B	6.3B	6.0B	5.2B	5.5B
Other Expenses	22.9B	37.9B	33.6B	31.8B	28.4B
Total Operating Expenses	49.3B	53.2B	47.9B	45.1B	41.1B
Cost and Expenses	61.9B	66.7B	61.3B	56.9B	46.0B
Operating Income (EBIT)	23.6B	13.8B	12.9B	10.5B	9.6B
Non-Operating
Interest Income	26.7B	25.6B	23.8B	20.0B	12.7B
Interest Expense	7.9B	8.2B	8.3B	6.8B	2.8B
Net Interest Income	18.8B	17.4B	15.5B	13.1B	9.9B
Other Non-Op Income/Expense	(8.1B)	—	—	—	—
Non-Operating Income (excl Interest)	(1.9B)	—	—	—	—
EBT (Pre-Tax Income)	15.5B	13.8B	12.9B	10.5B	9.6B
Income Tax Expense	3.2B	3.0B	2.8B	2.1B	2.1B
Bottom Line
Net Income	12.3B	10.8B	10.1B	8.4B	7.5B
Earnings from Cont. Ops	12.3B	10.8B	10.1B	8.4B	7.5B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	12.2B	10.7B	10.0B	8.3B	7.4B
Per Share
Basic EPS	$17.78	$15.41	$14.04	$11.23	$9.85
Diluted EPS	$17.81	$15.38	$14.02	$11.21	$9.84
Revenue Per Share	$127.04	$115.78	$104.07	$91.65	$74.07
Shares
Basic Shares Outstanding	673.0M	695.0M	713.0M	735.0M	751.0M
Diluted Shares Outstanding	674.0M	696.0M	713.0M	736.0M	752.0M
Profitability Metrics
EBITDA	26.9B	15.6B	14.6B	12.2B	11.2B
D&A	1.4B	1.8B	1.7B	1.7B	1.6B
EBIT	25.5B	13.8B	12.9B	10.5B	9.6B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026