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American Express (AXP) Research & Development (2016 - 2025)

American Express (AXP) has disclosed Research & Development for 9 consecutive years, with $1.7 billion as the latest value for Q4 2025.

  • Quarterly Research & Development rose 5.56% to $1.7 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $6.5 billion through Dec 2025, up 9.7% year-over-year, with the annual reading at $6.5 billion for FY2025, 9.7% up from the prior year.
  • Research & Development hit $1.7 billion in Q4 2025 for American Express, up from $1.6 billion in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $1.7 billion in Q4 2025 to a low of $802.0 million in Q1 2021.
  • Historically, Research & Development has averaged $1.3 billion across 5 years, with a median of $1.4 billion in 2023.
  • Biggest five-year swings in Research & Development: skyrocketed 57.93% in 2022 and later decreased 1.14% in 2023.
  • Year by year, Research & Development stood at $1.1 billion in 2021, then rose by 15.43% to $1.3 billion in 2022, then grew by 13.9% to $1.5 billion in 2023, then grew by 10.38% to $1.6 billion in 2024, then increased by 5.56% to $1.7 billion in 2025.
  • Business Quant data shows Research & Development for AXP at $1.7 billion in Q4 2025, $1.6 billion in Q3 2025, and $1.6 billion in Q2 2025.