American Express (AXP) Research & Development (2014 - 2026)
American Express (AXP) posted Research & Development of $1.8 billion for Q2 2026, up 10.31% sequentially from $1.6 billion in Q1 2026, and up 10.45% YoY from $1.6 billion in Q2 2025.
American Express (AXP) Research & Development (2014 - 2026) Analysis & Trends
American Express has reported Research & Development for 10 years, with the latest figure at $1.8 billion in Q2 2026.
- Quarterly Research & Development rose 10.45% year-over-year to $1.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.7 billion (up 8.08% YoY) and the FY2025 annual result came in at $6.5 billion, up 9.7% from the prior year.
- Research & Development rose to $1.8 billion in Q2 2026 per AXP's latest filing, from $1.6 billion in the prior quarter.
- Over five years, Research & Development peaked at $1.8 billion in Q2 2026 and troughed at $1.0 billion in Q1 2022.
- A 5-year average of $1.5 billion and a median of $1.4 billion in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 57.93% in 2022, then decreased 1.14% in 2023.
- Over 5 years, Research & Development stood at $1.3 billion in 2022, then gained by 13.9% to $1.5 billion in 2023, then grew by 10.38% to $1.6 billion in 2024, then advanced by 5.56% to $1.7 billion in 2025, then climbed by 1.56% to $1.8 billion in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.8 billion, $1.6 billion, and $1.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 280.00 Mn |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 1.76 Bn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 489.00 Mn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 849.00 Mn |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 248.00 Mn |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 72.85 Mn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 335.54 Mn |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.76 Bn |
| Mar 31, 2026 | 1.59 Bn |
| Dec 31, 2025 | 1.73 Bn |
| Sep 30, 2025 | 1.61 Bn |
| Jun 30, 2025 | 1.59 Bn |
| Mar 31, 2025 | 1.53 Bn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 1.43 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Mar 31, 2024 | 1.39 Bn |
| Dec 31, 2023 | 1.48 Bn |
| Sep 30, 2023 | 1.39 Bn |
| Jun 30, 2023 | 1.39 Bn |
| Mar 31, 2023 | 1.39 Bn |
| Dec 31, 2022 | 1.30 Bn |
| Sep 30, 2022 | 1.19 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 1.04 Bn |
| Dec 31, 2021 | 1.13 Bn |
| Sep 30, 2021 | 943.00 Mn |