American Express (AXP) Cost of Revenue (2021 - 2026)

American Express (AXP) has 6 years of Cost of Revenue data on file, last reported at $1.5 billion in Q1 2026.

• Quarterly Cost of Revenue changed 0.4% year-over-year to $1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.2 billion (up 3.24% YoY) and the FY2025 annual result came in at $6.3 billion, up 3.51% from the prior year.
• Cost of Revenue retreated to $1.5 billion in Q1 2026 per AXP's latest filing, from $1.6 billion in the prior quarter.
• The five-year high for Cost of Revenue was $1.6 billion in Q4 2024, with the low at $1.2 billion in Q1 2022.
• Average Cost of Revenue over 5 years is $1.4 billion, with a median of $1.5 billion recorded in 2024.
• Year-over-year, Cost of Revenue decreased 19.62% in 2022 and jumped 31.43% in 2024.
• American Express' Cost of Revenue stood at $1.3 billion in 2022, then dropped by 3.61% to $1.2 billion in 2023, then soared by 31.43% to $1.6 billion in 2024, then dropped by 0.12% to $1.6 billion in 2025, then decreased by 8.19% to $1.5 billion in 2026.
• Business Quant data shows AXP's Cost of Revenue at $1.5 billion in Q1 2026, $1.6 billion in Q4 2025, and $1.6 billion in Q3 2025.