KPIs & Operating Metrics(New)

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

Historic Research & Development for American Express (AXP) over the last 9 years, with Q4 2025 value amounting to $1.7 billion.

  • American Express' Research & Development rose 555.89% to $1.7 billion in Q4 2025 from the same period last year, while for Dec 2025 it was $6.5 billion, marking a year-over-year increase of 970.1%. This contributed to the annual value of $6.5 billion for FY2025, which is 970.1% up from last year.
  • Per American Express' latest filing, its Research & Development stood at $1.7 billion for Q4 2025, which was up 555.89% from $1.6 billion recorded in Q3 2025.
  • American Express' Research & Development's 5-year high stood at $1.7 billion during Q4 2025, with a 5-year trough of $802.0 million in Q1 2021.
  • In the last 5 years, American Express' Research & Development had a median value of $1.4 billion in 2023 and averaged $1.3 billion.
  • Its Research & Development has fluctuated over the past 5 years, first soared by 5793.03% in 2022, then plummeted by 113.96% in 2023.
  • American Express' Research & Development (Quarter) stood at $1.1 billion in 2021, then grew by 15.43% to $1.3 billion in 2022, then increased by 13.9% to $1.5 billion in 2023, then increased by 10.38% to $1.6 billion in 2024, then grew by 5.56% to $1.7 billion in 2025.
  • Its Research & Development was $1.7 billion in Q4 2025, compared to $1.6 billion in Q3 2025 and $1.6 billion in Q2 2025.