NYSE$AXP
American Express CO · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
American Express reported Q2 2026 net income of $3.1 billion and EPS of $4.53, up 11 percent year-over-year, while raising full-year revenue growth guidance to 10 percent.
American Express delivered strong second-quarter 2026 results with total revenues net of interest expense reaching $19.6 billion, a 10 percent increase driven by higher Card Member spending and net interest income. Net income rose to $3.1 billion and diluted EPS increased 11 percent to $4.53. The company raised its full-year 2026 revenue growth guidance to 10 percent and reaffirmed its EPS outlook of $17.30 to $17.90.
- Q2 revenue grew 10% to $19.6 billion, fueled by 9% Card Member spending growth on an FX-adjusted basis.
- Diluted EPS rose 11% to $4.53, with net income increasing 8% to $3.1 billion.
- Provisions for credit losses declined to $1.1 billion and the net write-off rate remained flat at 2.0%.
- Full-year 2026 revenue growth guidance raised to 10% with EPS expected between $17.30 and $17.90.
Headline financials
Revenue & EPS history
American Express · Revenue · Quarterly
$19.6B
Revenue by segment
American Express · $13.5B total across 3 segments · Q3 2023
- U.S. Consumer$7.2B+16.1%53.3%
- Commercial$3.7B+5.7%27.4%
- International Cards$2.6B+13.0%19.3%
Forward guidance
Company raised full-year 2026 revenue growth guidance to 10 percent and expects EPS of $17.30 to $17.90.
Tailwinds
- Stronger-than-expected first-half performance
- Accelerated spend and revenue growth from value proposition investments
- Platinum portfolio now fastest growing in U.S. Consumer business
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+0.1%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+3.3%
Avg return
30 days after
45%
33 / 73 earnings
Positive
+11.2%
Q3 2016
Best reaction
-12.6%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | -3.8% | -5.1% | -6.3% | |
| Q4 2025 | -1.1% | -1.3% | -13.8% | |
| Q3 2025 | +7.2% | +8.9% | +10.5% | |
| Q2 2025 | +0.3% | -0.3% | +6.0% | |
| Q1 2025 | -0.6% | -0.2% | +18.5% | |
| Q4 2024 | -1.4% | -3.3% | -9.4% | |
| Q3 2024 | -5.3% | -5.1% | +0.4% | |
| Q2 2024 | -1.8% | -3.3% | +1.0% | |
| Q1 2024 | +7.1% | +9.9% | +11.6% | |
| Q4 2023 | +6.8% | +6.7% | +14.1% | |
| Q3 2023 | -3.4% | -4.1% | +8.6% | |
| Q2 2023 | -5.3% | -5.3% | -9.5% | |
| Q1 2023 | -0.7% | -5.4% | -7.3% | |
| Q4 2022 | +10.8% | +11.4% | +11.8% | |
| Q3 2022 | -0.6% | +3.1% | +7.1% | |
| Q2 2022 | +2.4% | +1.0% | +8.0% | |
| Q1 2022 | -0.9% | -4.4% | -17.5% | |
| Q4 2021 | +10.3% | +11.4% | +18.5% | |
| Q3 2021 | +2.7% | +0.3% | -2.2% | |
| Q2 2021 | +1.0% | -0.5% | -6.5% | |
| Q1 2021 | +2.2% | +3.7% | +6.6% | |
| Q4 2020 | -5.8% | -4.0% | +13.1% | |
| Q3 2020 | -7.5% | -12.6% | +7.4% | |
| Q2 2020 | -0.9% | +0.0% | -0.5% | |
| Q1 2020 | +3.2% | +16.6% | +8.3% | |
| Q4 2019 | -0.6% | +0.2% | +2.7% | |
| Q3 2019 | -0.0% | -2.2% | +1.4% | |
| Q2 2019 | -1.9% | -0.4% | -2.9% | |
| Q1 2019 | +0.5% | +2.0% | +6.5% | |
| Q4 2018 | +1.1% | +0.4% | +8.0% | |
| Q3 2018 | +2.3% | +0.0% | +4.9% | |
| Q2 2018 | -1.0% | +0.1% | +1.9% | |
| Q1 2018 | +9.1% | +7.2% | +7.6% | |
| Q4 2017 | -2.7% | -2.8% | -3.9% | |
| Q3 2017 | +0.2% | +0.8% | +2.2% | |
| Q2 2017 | -0.2% | -0.6% | -0.2% | |
| Q1 2017 | +5.6% | +6.1% | +1.3% | |
| Q4 2016 | -1.7% | -0.1% | +2.9% | |
| Q3 2016 | +11.2% | +11.7% | +18.2% | |
| Q2 2016 | -1.1% | +0.3% | +2.1% | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2015 | -12.6% | — | — | |
| Q3 2015 | -5.8% | — | — | |
| Q2 2015 | -2.5% | — | — | |
| Q1 2015 | -3.0% | — | — | |
| Q4 2014 | -3.3% | — | — | |
| Q3 2014 | -3.0% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | +0.2% | — | — | |
| Q4 2013 | +3.1% | — | — | |
| Q3 2013 | +6.6% | — | — | |
| Q2 2013 | -5.4% | — | — | |
| Q1 2013 | +0.7% | — | — | |
| Q4 2012 | +1.6% | — | — | |
| Q3 2012 | -1.7% | — | — | |
| Q2 2012 | -4.2% | — | — | |
| Q1 2012 | -1.0% | — | — | |
| Q4 2011 | +2.9% | — | — | |
| Q3 2011 | +5.5% | — | — | |
| Q2 2011 | -3.5% | — | — | |
| Q1 2011 | -1.2% | — | — | |
| Q4 2010 | -0.9% | — | — | |
| Q3 2010 | +3.2% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q1 2009 | -7.3% | — | — | |
| Q1 2010 | +1.0% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q3 2008 | -2.1% | — | — | |
| Q3 2009 | -2.1% | — | — | |
| Q4 2007 | +1.5% | — | — | |
| Q2 2008 | +1.5% | — | — | |
| Q2 2009 | +1.5% | — | — | |
| Q4 2008 | +1.5% | — | — |
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