American Express (AXP) Other Operating Expenses (2009 - 2026)
American Express (AXP) posted Other Operating Expenses of $12.7 billion for Q2 2026, up 3.58% sequentially from $12.3 billion in Q1 2026, and up 12.51% YoY from $11.3 billion in Q2 2025.
Analysis
American Express (AXP) Other Operating Expenses (2009 - 2026) Analysis & Trends
American Express has reported Other Operating Expenses for 18 years, with the latest figure at $12.7 billion in Q2 2026.
- Quarterly Other Operating Expenses rose 12.51% year-over-year to $12.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $49.5 billion (up 11.38% YoY) and the FY2025 annual result came in at $46.7 billion, up 11.29% from the prior year.
- Other Operating Expenses climbed to $12.7 billion in Q2 2026 per AXP's latest filing, from $12.3 billion in the prior quarter.
- Over five years, Other Operating Expenses peaked at $12.7 billion in Q4 2025 and troughed at $8.0 billion in Q1 2022.
- A 5-year average of $10.5 billion and a median of $10.2 billion in 2023 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Other Operating Expenses surged 34.81% in 2022, then grew 1.17% in 2024.
- Over 5 years, Other Operating Expenses stood at $10.0 billion in 2022, then gained by 3.92% to $10.4 billion in 2023, then climbed by 10.87% to $11.5 billion in 2024, then rose by 10.91% to $12.7 billion in 2025, then declined by 0.16% to $12.7 billion in 2026.
- According to Business Quant data, Other Operating Expenses over the past three periods registered $12.7 billion, $12.3 billion, and $12.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.73 Bn |
| Mar 31, 2026 | 12.29 Bn |
| Dec 31, 2025 | 12.75 Bn |
| Sep 30, 2025 | 11.70 Bn |
| Jun 30, 2025 | 11.31 Bn |
| Mar 31, 2025 | 10.96 Bn |
| Dec 31, 2024 | 11.49 Bn |
| Sep 30, 2024 | 10.65 Bn |
| Jun 30, 2024 | 9.85 Bn |
| Mar 31, 2024 | 10.00 Bn |
| Dec 31, 2023 | 10.37 Bn |
| Sep 30, 2023 | 9.66 Bn |
| Jun 30, 2023 | 9.73 Bn |
| Mar 31, 2023 | 9.67 Bn |
| Dec 31, 2022 | 9.98 Bn |
| Sep 30, 2022 | 9.13 Bn |
| Jun 30, 2022 | 9.04 Bn |
| Mar 31, 2022 | 8.01 Bn |
| Dec 31, 2021 | 8.66 Bn |
| Sep 30, 2021 | 7.73 Bn |