Why did American Express (NYSE:AXP) revenue increase?

American Express (NYSE:AXP) revenue increased 10% to $19.64 billion as cardholder spending and billed business grew. Billed business rose 9% to $455.8 billion during the second quarter.

What were American Express (NYSE:AXP) second-quarter earnings?

American Express (NYSE:AXP) reported net income of $3.11 billion and diluted EPS of $4.53. The EPS result exceeded the $4.40 analyst estimate and increased from $4.08 one year earlier.

How did American Express (NYSE:AXP) card spending perform?

American Express (NYSE:AXP) reported billed business of $455.8 billion, representing a 9% foreign-exchange-adjusted increase. The growth reflected continued spending on travel, dining and other purchases.

What is American Express (NYSE:AXP) 2026 guidance?

American Express (NYSE:AXP) now expects full-year revenue to grow 10%, compared with its previous 9%–10% range. The company maintained its full-year EPS forecast of $17.30–$17.90.

How did American Express (NYSE:AXP) shares react?

American Express (NYSE:AXP) shares were down 2.3% at $340.84 in premarket trading following the results. Revenue of $19.64 billion was slightly below the $19.70 billion analyst forecast.

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American Express revenue rallies 10% to $19.64bn

Written by Jon CuthbertPublished Jul 24, 2026, 11:37 AM

American Express reported second-quarter revenue of $19.64 billion, up 10% year over year.
Shares fell 2.3% to $340.84 in premarket trading despite an earnings-per-share beat.
The company raised its 2026 revenue-growth forecast to 10% and maintained its profit guidance.

American Express (NYSE:AXP) reported second-quarter revenue of $19.64 billion, up 10%, as billed business reached $455.8 billion.

Diluted EPS rose to $4.53 from $4.08 and beat the $4.40 estimate, while revenue missed the $19.70 billion forecast.

Net income increased to $3.11 billion from $2.88 billion, while credit-loss provisions fell to $1.1 billion from $1.4 billion.

American Express maintained EPS guidance of $17.30–$17.90.

Following the announcement, American Express's share price was down 2.3% at $340.84.

American Express targets higher-income customers and generates revenue from card spending, annual fees, lending balances and merchant payments.

Recent initiatives include expanding premium card benefits and proposing TheFork’s acquisition to strengthen the company’s dining services.

American Express revenue rallies 10% to $19.64bn

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