American Express Company (AXP) — Financial statements
Income statement, balance sheet, and cash flow for American Express Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 80,464↑8.4% | 74,201↑10.1% | 67,364↑21.1% | 55,625↑25.2% | 44,430 | |
| Cost of Revenue | 13,490↑0.4% | 13,437↑14.1% | 11,772↑138.1% | 4,945↑3736.0% | -136 | |
| Gross Profit | 66,974↑10.2% | 60,764↑9.3% | 55,592↑9.7% | 50,680↑13.7% | 44,566 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 9,016↑10.0% | 8,198↑1.6% | 8,067↑11.2% | 7,252↑16.2% | 6,240 | |
| Selling & Marketing Expenses | 6,252↑3.5% | 6,040↑15.9% | 5,213↓4.5% | 5,458↑3.2% | 5,291 | |
| SG&A Expenses | 15,268↑7.2% | 14,238↑7.2% | 13,280↑4.5% | 12,710↑10.2% | 11,531 | |
| Other Expenses | 37,911↑12.7% | 33,631↑5.8% | 31,799↑12.0% | 28,385↑27.0% | 22,346 | |
| Operating Expenses | 53,179↑11.1% | 47,869↑6.2% | 45,079↑9.7% | 41,095↑21.3% | 33,877 | |
| Total Costs & Expenses | 66,669↑8.7% | 61,306↑7.8% | 56,851↑23.5% | 46,040↑36.5% | 33,741 | |
| Operating Results | ||||||
| Operating Income | 13,795↑7.0% | 12,895↑22.7% | 10,513↑9.7% | 9,585↓10.3% | 10,689 | |
| Depreciation & Amortization | 1,777↑6.0% | 1,676↑1.5% | 1,651↑1.5% | 1,626↓4.1% | 1,695 | |
| EBITDA | 15,572↑6.9% | 14,571↑19.8% | 12,164↑8.5% | 11,211↓9.5% | 12,384 | |
| EBIT | 13,795↑7.0% | 12,895↑22.7% | 10,513↑9.7% | 9,585↓10.3% | 10,689 | |
| Interest & Other Income | ||||||
| Net Interest Income | 17,364↑11.7% | 15,543↑18.3% | 13,134↑32.7% | 9,895↑27.7% | 7,750 | |
| Interest Income | 25,598↑7.6% | 23,795↑19.1% | 19,983↑57.9% | 12,658↑40.1% | 9,033 | |
| Interest Expense | 8,234↓0.2% | 8,252↑20.5% | 6,849↑147.9% | 2,763↑115.4% | 1,283 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 13,795↑7.0% | 12,895↑22.7% | 10,513↑9.7% | 9,585↓10.3% | 10,689 | |
| Income Tax Expense | 2,962↑7.1% | 2,766↑29.3% | 2,139↑3.3% | 2,071↓21.2% | 2,629 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 10,833↑7.0% | 10,129↑21.0% | 8,374↑11.4% | 7,514↓6.8% | 8,060 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 10,833↑7.0% | 10,129↑21.0% | 8,374↑11.4% | 7,514↓6.8% | 8,060 | |
| Bottom-Line Net Income | 10,701↑7.1% | 9,995↑21.1% | 8,252↑11.5% | 7,400↓6.5% | 7,917 | |
| EPS (Basic) | 15.41↑9.8% | 14.04↑25.0% | 11.23↑14.0% | 9.85↓1.8% | 10.03 | |
| EPS (Diluted) | 15.38↑9.7% | 14.02↑25.1% | 11.21↑13.9% | 9.84↓1.8% | 10.02 | |
| Weighted Average Shares | 695↓2.5% | 713↓3.0% | 735↓2.1% | 751↓4.8% | 789 | |
| Weighted Average Diluted Shares | 696↓2.4% | 713↓3.1% | 736↓2.1% | 752↓4.8% | 790 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.