American Express Company Earnings Recaps
Q1 2026
Apr 23, 2026
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.
Key takeaways
- 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.
Q3 2025
Oct 17, 2025
American Express delivered a robust Q3 2025 performance, with revenues climbing 11% year-over-year to a record $18.4 billion and EPS rising by 19% to $4.14, driven by strong cardmember spending and an effective product refresh strategy.
Key takeaways
- Cardmember spending accelerated to 9% year-over-year, boosted by retail and travel sectors.
- The successful launch of refreshed US Consumer and Business Platinum cards has resulted in record account acquisitions and customer engagement.
- Full-year revenue growth guidance raised to 9-10%, with EPS expected between $15.20 and $15.50.
- Continued investment in digital capabilities and merchant relationships has enhanced customer experience and engagement.
- Strategic product enhancements and a diverse premium customer base position AMEX favorably for sustained growth.