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

American Express recorded quarterly Operating Income of $3.5 billion in Q1 2026, up 22.72% quarter-over-quarter from $2.9 billion in Q4 2025, and up 18.54% year-over-year from $3.0 billion in Q1 2025.

American Express (AXP) Operating Income (2009 - 2026) Analysis & Trends

American Express' Operating Income history runs 8 years deep, the most recent figure standing at $3.5 billion for Q1 2026.

  • In Q1 2026, Operating Income rose 18.54% year-over-year to $3.5 billion; the TTM figure through Mar 2026 stood at $13.4 billion (up 10.4% YoY), while the FY2025 annual figure was $12.8 billion, up 6.3% from the prior year.
  • Operating Income came in at $3.5 billion for Q1 2026 at American Express, up from $2.9 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $3.6 billion in Q2 2024 to a low of $1.5 billion in Q2 2022.
  • A 5-year average of $2.6 billion and a median of $2.9 billion in 2025 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income soared 110.04% in 2022 and slipped 10.55% in 2024, its largest moves.
  • American Express' Operating Income stood at $1.6 billion in 2022, then surged by 67.55% to $2.7 billion in 2023, then dropped by 10.55% to $2.4 billion in 2024, then advanced by 18.82% to $2.9 billion in 2025, then increased by 22.72% to $3.5 billion in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $3.5 billion, $2.9 billion, and $3.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Visa 539.53 Bn 527.13 Bn - 7.23 Bn
2 Mastercard 441.81 Bn 431.60 Bn - 4.91 Bn
3 American Express 215.01 Bn 160.96 Bn 17.43 Bn 3.55 Bn
4 Capital One Financial 114.99 Bn 38.50 Bn - -
5 PayPal Holdings 41.29 Bn 31.95 Bn 7.84 Bn 1.49 Bn
6 Affirm Holdings 24.62 Bn 22.89 Bn 261.64 Mn 88.43 Mn
7 Synchrony Financial 24.22 Bn 3.66 Bn - -
8 SoFi Technologies 23.71 Bn 20.31 Bn 929.25 Mn 37.32 Mn
9 Ally Financial 13.13 Bn 12.69 Bn 1.98 Bn 746.00 Mn
10 Credit Acceptance 6.46 Bn 6.44 Bn 562.70 Mn 139.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.55 Bn
Dec 31, 2025 2.89 Bn
Sep 30, 2025 3.51 Bn
Jun 30, 2025 3.40 Bn
Mar 31, 2025 2.99 Bn
Dec 31, 2024 2.43 Bn
Sep 30, 2024 3.09 Bn
Jun 30, 2024 3.58 Bn
Mar 31, 2024 2.94 Bn
Dec 31, 2023 2.72 Bn
Sep 30, 2023 3.10 Bn
Jun 30, 2023 2.52 Bn
Mar 31, 2023 1.88 Bn
Dec 31, 2022 1.62 Bn
Sep 30, 2022 1.78 Bn
Jun 30, 2022 1.45 Bn
Mar 31, 2022 1.46 Bn
Dec 31, 2021 774.00 Mn
Sep 30, 2021 847.00 Mn
Jun 30, 2021 1.00 Bn