American Express Q3 profit jumps to $3.7 as EPS surges 31%
Key points
- American Express reported third-quarter 2026 net income of $3.7 billion, up from $2.9 billion a year earlier, while earnings per share increased 31% to $5.42.
- EPS exceeded analyst expectations of $4.58 by $0.84, while revenue reached $20.1 billion, slightly below the $20.12 billion consensus estimate.
- American Express raised its full-year 2026 EPS guidance to $18.30–$18.60 from $17.30–$17.90, while adjusted earnings excluded a gain from selling its Global Business Travel Group stake.
American Express Company (NYSE:AXP) reported third-quarter 2026 net income of $3.7 billion, up from $2.9 billion a year earlier, as earnings per share increased 31% to $5.42.
Revenue reached $20.1 billion, slightly below analysts’ consensus estimate of $20.12 billion, while reported EPS exceeded the $4.58 estimate by $0.84.
Adjusted net income was $3.2 billion, or $4.68 per share, excluding a gain associated with the sale of the company’s equity interest in Global Business Travel Group.
The excluded transaction generated a $982 million pre-tax gain, or $751 million after tax, net of the portion used to fund restructuring related to efficiency initiatives.
American Express raised its full-year 2026 EPS guidance to $18.30–$18.60, compared with its previous range of $17.30–$17.90.
The company’s reported results reflect the contribution of the Global Business Travel Group transaction, while adjusted earnings exclude the specified gain and related restructuring funding.
American Express operates a global payments network and provides payment cards, lending and travel-related services, with revenue generated from cardholder spending, fees and interest income.
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