American Express (AXP) Cash from Operations (2010 - 2026)
American Express' (AXP) quarterly Cash from Operations came in at $5.4 billion in Q2 2026, up 23.08% year-over-year from $4.4 billion in Q2 2025, and up 41.19% quarter-over-quarter from $3.8 billion in Q1 2026.
Analysis
American Express (AXP) Cash from Operations (2010 - 2026) Analysis & Trends
American Express has disclosed Cash from Operations across 17 years of filings, most recently posting $5.4 billion for Q2 2026.
- In Q2 2026, Cash from Operations rose 23.08% year-over-year to $5.4 billion; the TTM figure through Jun 2026 stood at $18.5 billion (up 41.1% YoY), while the FY2025 annual figure was $18.4 billion, up 31.16% from the prior year.
- Cash from Operations came in at $5.4 billion for Q2 2026 at American Express, up from $3.8 billion in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of $8.4 billion in Q4 2022 to a low of -$1.8 billion in Q3 2024.
- Average Cash from Operations over 5 years is $4.5 billion, with a median of $4.5 billion recorded in 2022.
- The largest YoY upside for Cash from Operations was 1572.68% in 2024 against a maximum downside of 121.98% in 2024.
- Over 5 years, Cash from Operations stood at $8.4 billion in 2022, then declined by 19.72% to $6.8 billion in 2023, then decreased by 14.64% to $5.8 billion in 2024, then tumbled by 46.92% to $3.1 billion in 2025, then soared by 75.12% to $5.4 billion in 2026.
- Per Business Quant data, the three most recent Cash from Operations figures were $5.4 billion in Q2 2026, $3.8 billion in Q1 2026, and $3.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 29.04 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | -2.75 Bn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 25.17 Bn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 6.11 Bn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 6.78 Bn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 5.37 Bn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | 31.76 Bn |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | -4.20 Bn |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | 4.30 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.37 Bn |
| Mar 31, 2026 | 3.80 Bn |
| Dec 31, 2025 | 3.07 Bn |
| Sep 30, 2025 | 6.23 Bn |
| Jun 30, 2025 | 4.36 Bn |
| Mar 31, 2025 | 4.76 Bn |
| Dec 31, 2024 | 5.78 Bn |
| Sep 30, 2024 | -1.81 Bn |
| Jun 30, 2024 | 4.53 Bn |
| Mar 31, 2024 | 5.55 Bn |
| Dec 31, 2023 | 6.77 Bn |
| Sep 30, 2023 | 8.24 Bn |
| Jun 30, 2023 | 3.92 Bn |
| Mar 31, 2023 | -377.00 Mn |
| Dec 31, 2022 | 8.43 Bn |
| Sep 30, 2022 | 4.51 Bn |
| Jun 30, 2022 | 4.26 Bn |
| Mar 31, 2022 | 3.88 Bn |
| Dec 31, 2021 | 5.01 Bn |
| Sep 30, 2021 | 4.17 Bn |