Uscs was American Express’s largest segment in fiscal 2025, bringing in $34.81B of $72.23B (48%).
| Segment | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Uscs | $23.91B | $28.12B | $31.43B | $34.81B | |||||||
| Global Consumer Services Group | — | — | — | — | |||||||
| Cs | $13.57B | $14.78B | $15.86B | $16.93B | |||||||
| Uscard Services | — | — | — | — | |||||||
| Global Commercial Services | — | — | — | — | |||||||
| Ics | $9.06B | $10.43B | $11.46B | $13.00B | |||||||
| Gmns | $6.48B | $7.40B | $7.48B | $7.76B | |||||||
| Global Merchant & Network Services | — | — | — | — | |||||||
| International Card Services | — | — | — | — | |||||||
| Global Network & Merchant Services | — | — | — | — | |||||||
| Corporate & Other | -$157.00M | -$203.00M | -$282.00M | -$270.00M | |||||||
| Total | $52.86B | $60.52B | $65.95B | $72.23B |
American Express brought in $72.23B from its five segments in fiscal 2025, the year ended December 31, 2025. That was up 9.5% from $65.95B in fiscal 2024. Uscs was the largest at $34.81B (48.2%), ahead of Cs at $16.93B (23.4%) and Ics at $13.00B (18.0%). The remaining segment, Gmns, brought in $7.76B.
Compared with fiscal 2024, Ics grew fastest, up 13.4% to $13.00B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments grew from $52.86B to $72.23B, a compound annual growth rate of 11.0%. Uscs' share of the total rose from 45.2% to 48.2%.
The total is net of Corporate & Other, which took $270.00M off revenue in fiscal 2025.
United States was American Express’s largest region in fiscal 2025, bringing in $56.02B of $72.23B (78%).
| Geography | FY 2008 | FY 2009 | FY 2010 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $41.40B | $47.14B | $51.47B | $56.02B | ||||||||||
| United States Geographic Region | — | — | — | — | ||||||||||
| Emea | $4.87B | $5.63B | $6.22B | $7.07B | ||||||||||
| Apac | $3.84B | $4.37B | $4.70B | $5.22B | ||||||||||
| Apac Geographic Region | — | — | — | — | ||||||||||
| Emea Geographic Region | — | — | — | — | ||||||||||
| Japa Geographic Region | — | — | — | — | ||||||||||
| Lacc | $2.92B | $3.57B | $3.85B | $4.19B | ||||||||||
| Lacc Geographic Region | — | — | — | — | ||||||||||
| Other Unallocated | -$157.00M | -$201.00M | -$281.00M | -$271.00M | ||||||||||
| Total | $52.86B | $60.52B | $65.95B | $72.23B |
American Express brought in $72.23B from its five regions in fiscal 2025, the year ended December 31, 2025. That was up 9.5% from $65.95B in fiscal 2024. United States was the largest at $56.02B (77.6%), ahead of Emea at $7.07B (9.8%) and Apac at $5.22B (7.2%). The remaining region, Lacc, brought in $4.19B.
Compared with fiscal 2024, Emea grew fastest, up 13.8% to $7.07B. Every region above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these regions grew from $52.86B to $72.23B, a compound annual growth rate of 11.0%. United States' share of the total fell from 78.3% to 77.6%.
The total is net of Other Unallocated, which took $271.00M off revenue in fiscal 2025.
American Express (AXP) reports its revenue by segment and by geography. In fiscal 2025, Uscs was its largest segment, bringing in $34.81B (48.2% of the total), followed by Cs at $16.93B (23.4%).
Uscs was American Express' largest segment in fiscal 2025, bringing in $34.81B, or 48.2% of the $72.23B total across its five segments.
United States was American Express' largest region in fiscal 2025, bringing in $56.02B, or 77.6% of the $72.23B total across its five regions.
Among American Express' segments that make up at least 2% of revenue, Ics grew fastest in fiscal 2025, up 13.4% from $11.46B to $13.00B.
Every figure comes from American Express' annual financial filings, as reported. Each line keeps the name American Express gives it, and years follow its fiscal calendar.
American Express' revenue by segment goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.