American Express delivered a strong Q1 2026, with 11% topline growth and an 18% increase in EPS, driven by robust cardmember spending and international expansion. The company remains confident in its FY2026 outlook, reaffirming growth targets amid ongoing strategic investments.
- Revenue grew 11% (10% FX-adjusted), with quarterly EPS reaching $4.28, up 18% YoY, supported by record high cardmember spending growth.
- International billings extended double-digit growth for the 20th straight quarter; U.S. premium card spend accelerated post-refresh, maintaining high retention.
- Over 70% of new accounts are fee-paying, with strong Millennial and Gen Z engagement across global markets.
- Strategic partnerships expanded, including a multiyear NFL sponsorship and new sports, stadium, and hotel collaborations, enhancing premium member access.
- Investment in AI capabilities and product innovation progressing, with upcoming solutions targeting business expenses, enhanced security, and deeper platform integrations.
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