American Express (AXP) Research & Development (2014 - 2026)

American Express has disclosed Research & Development across 10 years of filings, most recently posting $1.8 billion for Q2 2026.

• In Q2 2026, Research & Development rose 10.45% year-over-year to $1.8 billion; the TTM figure through Jun 2026 stood at $6.7 billion (up 8.08% YoY), while the FY2025 annual figure was $6.5 billion, up 9.7% from the prior year.
• Research & Development came in at $1.8 billion for Q2 2026 at American Express, up from $1.6 billion in the prior quarter.
• In the past five years, Research & Development ranged from a high of $1.8 billion in Q2 2026 to a low of $1.0 billion in Q1 2022.
• Average Research & Development over 5 years is $1.5 billion, with a median of $1.4 billion recorded in 2024.
• Year-over-year, Research & Development soared 57.93% in 2022 and retreated 1.14% in 2023.
• Over 5 years, Research & Development stood at $1.3 billion in 2022, then increased by 13.9% to $1.5 billion in 2023, then advanced by 10.38% to $1.6 billion in 2024, then rose by 5.56% to $1.7 billion in 2025, then gained by 1.56% to $1.8 billion in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $1.8 billion in Q2 2026, $1.6 billion in Q1 2026, and $1.7 billion in Q4 2025.