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American Express (AXP) Research & Development: 2014-2025

Historic Research & Development for American Express (AXP) over the last 8 years, with Sep 2025 value amounting to $1.6 billion.

  • American Express' Research & Development rose 12.66% to $1.6 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $6.4 billion, marking a year-over-year increase of 11.06%. This contributed to the annual value of $5.9 billion for FY2024, which is 4.05% up from last year.
  • As of Q3 2025, American Express' Research & Development stood at $1.6 billion, which was up 1.38% from $1.6 billion recorded in Q2 2025.
  • American Express' 5-year Research & Development high stood at $1.6 billion for Q4 2024, and its period low was $802.0 million during Q1 2021.
  • In the last 3 years, American Express' Research & Development had a median value of $1.4 billion in 2024 and averaged $1.5 billion.
  • Per our database at Business Quant, American Express' Research & Development spiked by 57.93% in 2022 and then dropped by 1.14% in 2023.
  • Quarterly analysis of 5 years shows American Express' Research & Development stood at $1.1 billion in 2021, then rose by 15.43% to $1.3 billion in 2022, then rose by 13.90% to $1.5 billion in 2023, then grew by 10.38% to $1.6 billion in 2024, then rose by 12.66% to $1.6 billion in 2025.
  • Its last three reported values are $1.6 billion in Q3 2025, $1.6 billion for Q2 2025, and $1.5 billion during Q1 2025.