American Express (AXP) Tax Provisions (2009 - 2026)
American Express' (AXP) quarterly Tax Provisions came in at $961.0 million in Q2 2026, up 44.51% year-over-year from $665.0 million in Q2 2025, and up 19.08% quarter-over-quarter from $807.0 million in Q1 2026.
Analysis
American Express (AXP) Tax Provisions (2009 - 2026) Analysis & Trends
American Express has disclosed Tax Provisions across 18 years of filings, most recently posting $961.0 million for Q2 2026.
- In Q2 2026, Tax Provisions rose 44.51% year-over-year to $961.0 million; the TTM figure through Jun 2026 stood at $3.3 billion (up 23.2% YoY), while the FY2025 annual figure was $3.0 billion, up 7.09% from the prior year.
- Tax Provisions came in at $961.0 million for Q2 2026 at American Express, up from $807.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $961.0 million in Q2 2026 to a low of $299.0 million in Q4 2022.
- Average Tax Provisions over 5 years is $650.3 million, with a median of $638.5 million recorded in 2023.
- Year-over-year, Tax Provisions tumbled 49.06% in 2022 and jumped 101.71% in 2024.
- Over 5 years, Tax Provisions stood at $299.0 million in 2022, then soared by 93.65% to $579.0 million in 2023, then rose by 1.21% to $586.0 million in 2024, then rose by 7.17% to $628.0 million in 2025, then soared by 53.03% to $961.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $961.0 million in Q2 2026, $807.0 million in Q1 2026, and $628.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 1.70 Bn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 1.24 Bn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 1.94 Bn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | 1.70 Bn |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 1.40 Bn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 961.00 Mn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 883.59 Mn |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | 869.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 961.00 Mn |
| Mar 31, 2026 | 807.00 Mn |
| Dec 31, 2025 | 628.00 Mn |
| Sep 30, 2025 | 923.00 Mn |
| Jun 30, 2025 | 665.00 Mn |
| Mar 31, 2025 | 746.00 Mn |
| Dec 31, 2024 | 586.00 Mn |
| Sep 30, 2024 | 697.00 Mn |
| Jun 30, 2024 | 775.00 Mn |
| Mar 31, 2024 | 708.00 Mn |
| Dec 31, 2023 | 579.00 Mn |
| Sep 30, 2023 | 649.00 Mn |
| Jun 30, 2023 | 560.00 Mn |
| Mar 31, 2023 | 351.00 Mn |
| Dec 31, 2022 | 299.00 Mn |
| Sep 30, 2022 | 580.00 Mn |
| Jun 30, 2022 | 579.00 Mn |
| Mar 31, 2022 | 613.00 Mn |
| Dec 31, 2021 | 587.00 Mn |
| Sep 30, 2021 | 624.00 Mn |