American Express Financial Statements
NYSE: AXPFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
American Express revenue and earnings
In fiscal 2025, American Express generated $41.30 billion in revenue, up 6.4% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $10.83 billion (+7.0% year over year), for a net margin of 26.2% versus a median of 22.5% in the prior 5 years. Diluted earnings per share came in at $15.38, up from $14.01.
Over the last 5 fiscal years, AXP's revenue has grown at a 13.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
American Express income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 41.30B | 38.83B | 37.22B | 34.22B | 27.72B | 21.97B | 28.16B | 26.61B | 24.78B | 24.23B |
| Revenue growth (YoY) | +6.39% | +4.32% | +8.76% | +23.46% | +26.13% | -21.96% | +5.83% | +7.37% | +2.25% | -26.15% |
| Operating Expenses | 53.18B | 47.87B | 45.08B | 41.09B | 33.11B | 27.06B | 31.55B | 28.86B | 26.69B | 25.37B |
| Interest Expense | 8.23B | 8.25B | 6.85B | 2.76B | 1.28B | 2.10B | 3.46B | 2.94B | 2.11B | 1.71B |
| Pretax Income | 13.79B | 12.89B | 10.51B | 9.59B | 10.69B | 4.30B | 8.43B | 8.12B | 7.42B | 8.04B |
| Income Tax | 2.96B | 2.77B | 2.14B | 2.07B | 2.63B | 1.16B | 1.67B | 1.20B | 4.68B | 2.67B |
| Net Income | 10.83B | 10.13B | 8.37B | 7.51B | 8.06B | 3.13B | 6.76B | 6.92B | 2.75B | 5.38B |
| Net Income growth (YoY) | +6.95% | +20.96% | +11.45% | -6.77% | +157.10% | -53.62% | -2.34% | +151.86% | -48.87% | +4.11% |
| EPS (Basic) | 15.41 | 14.04 | 11.23 | 9.86 | 10.04 | 3.77 | 8.00 | 7.93 | 3.00 | 5.63 |
| EPS (Diluted) | 15.38 | 14.01 | 11.21 | 9.85 | 10.02 | 3.77 | 7.99 | 7.91 | 2.99 | 5.61 |
| Shares Outstanding (Basic) | 695.00M | 712.00M | 735.00M | 751.00M | 789.00M | 805.00M | 828.00M | 856.00M | 883.00M | 933.00M |
| Shares Outstanding (Diluted) | 696.00M | 713.00M | 736.00M | 752.00M | 790.00M | 806.00M | 830.00M | 859.00M | 886.00M | 935.00M |
| Net Margin | 26.23% | 26.09% | 22.50% | 21.96% | 29.08% | 14.27% | 24.00% | 26.01% | 11.09% | 22.18% |
This table shows 10 annual periods of American Express's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow AXP's reporting calendar. What is a income statement?