American Express (AXP) Net Cash Flow (2010 - 2026)

American Express' (AXP) quarterly Net Cash Flow came in at $5.9 billion in Q1 2026, down 50.18% year-on-year from $11.9 billion in Q1 2025, and up 183.99% quarter-over-quarter from -$7.0 billion in Q4 2025.

American Express (AXP) Net Cash Flow (2010 - 2026) Analysis & Trends

American Express has disclosed Net Cash Flow across 17 years of filings, most recently posting $5.9 billion for Q1 2026.

  • Net Cash Flow for Q1 2026 came in at $5.9 billion, down 50.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $797.0 million (up 148.39% YoY), and the FY2025 annual result was $6.7 billion, up 214.05% from the prior year.
  • Net Cash Flow came in at $5.9 billion for Q1 2026 at American Express, up from -$7.0 billion in the prior quarter.
  • In the past five years, Net Cash Flow ranged from a high of $11.9 billion in Q1 2025 to a low of -$7.2 billion in Q4 2024.
  • The 5-year median for Net Cash Flow is $2.7 billion (2023), against an average of $1.8 billion.
  • Across the five-year window, Net Cash Flow slumped 597.9% in 2024 and jumped 508.49% in 2025, its largest moves.
  • American Express' Net Cash Flow stood at $3.2 billion in 2022, then decreased by 17.53% to $2.7 billion in 2023, then tumbled by 371.35% to -$7.2 billion in 2024, then gained by 2.81% to -$7.0 billion in 2025, then soared by 183.99% to $5.9 billion in 2026.
  • The last three Net Cash Flow figures came in at $5.9 billion (Q1 2026), -$7.0 billion (Q4 2025), and -$3.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Visa 541.66 Bn 529.25 Bn - -4.28 Bn
2 Mastercard 437.55 Bn 427.34 Bn - -2.37 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 5.91 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 17.16 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn -1.53 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 5.59 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 383.32 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -1.59 Bn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -577.00 Mn
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn 1.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.91 Bn
Mar 31, 2026 5.91 Bn
Dec 31, 2025 -7.03 Bn
Dec 31, 2025 -7.03 Bn
Sep 30, 2025 -3.32 Bn
Sep 30, 2025 -3.32 Bn
Jun 30, 2025 5.25 Bn
Jun 30, 2025 5.25 Bn
Mar 31, 2025 11.86 Bn
Mar 31, 2025 11.86 Bn
Dec 31, 2024 -7.24 Bn
Dec 31, 2024 -7.24 Bn
Sep 30, 2024 -4.98 Bn
Sep 30, 2024 -4.98 Bn
Jun 30, 2024 -1.28 Bn
Jun 30, 2024 -1.28 Bn
Mar 31, 2024 7.59 Bn
Mar 31, 2024 7.59 Bn
Dec 31, 2023 2.67 Bn
Dec 31, 2023 2.67 Bn