American Express (AXP) Operating Expenses (2009 - 2026)

American Express (AXP) has 18 years of Operating Expenses data on file, last reported at $13.9 billion in Q1 2026.

• Quarterly Operating Expenses rose 11.14% year-over-year to $13.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $54.6 billion (up 11.44% YoY) and the FY2025 annual result came in at $53.2 billion, up 11.09% from the prior year.
• Operating Expenses slipped to $13.9 billion in Q1 2026 per AXP's latest filing, from $14.5 billion in the prior quarter.
• The five-year high for Operating Expenses was $14.5 billion in Q4 2025, with the low at $9.1 billion in Q1 2022.
• Average Operating Expenses over 5 years is $11.8 billion, with a median of $11.4 billion recorded in 2024.
• Year-over-year, Operating Expenses soared 34.24% in 2022 and advanced 1.38% in 2024.
• American Express' Operating Expenses stood at $11.3 billion in 2022, then rose by 5.07% to $11.9 billion in 2023, then increased by 10.81% to $13.1 billion in 2024, then rose by 10.24% to $14.5 billion in 2025, then dropped by 4.13% to $13.9 billion in 2026.
• Business Quant data shows AXP's Operating Expenses at $13.9 billion in Q1 2026, $14.5 billion in Q4 2025, and $13.3 billion in Q3 2025.