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

American Express' (AXP) quarterly Other Operating Expenses came in at $12.3 billion in Q1 2026, up 12.13% year-on-year from $11.0 billion in Q1 2025, and down 3.62% quarter-over-quarter from $12.7 billion in Q4 2025.

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

American Express has disclosed Other Operating Expenses across 18 years of filings, most recently posting $12.3 billion for Q1 2026.

  • Other Operating Expenses for Q1 2026 came in at $12.3 billion, up 12.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $48.1 billion (up 11.88% YoY), and the FY2025 annual result was $46.7 billion, up 11.29% from the prior year.
  • Other Operating Expenses came in at $12.3 billion for Q1 2026 at American Express, down from $12.7 billion in the prior quarter.
  • In the past five years, Other Operating Expenses ranged from a high of $12.7 billion in Q4 2025 to a low of $8.0 billion in Q1 2022.
  • The 5-year median for Other Operating Expenses is $10.0 billion (2024), against an average of $10.4 billion.
  • Across the five-year window, Other Operating Expenses soared 34.81% in 2022 and advanced 1.17% in 2024, its largest moves.
  • American Express' Other Operating Expenses stood at $10.0 billion in 2022, then increased by 3.92% to $10.4 billion in 2023, then gained by 10.87% to $11.5 billion in 2024, then grew by 10.91% to $12.7 billion in 2025, then dropped by 3.62% to $12.3 billion in 2026.
  • The last three Other Operating Expenses figures came in at $12.3 billion (Q1 2026), $12.7 billion (Q4 2025), and $11.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
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
Jun 30, 2021 7.02 Bn