Form 10-Q · Quarterly report
American Express 10-Q, filed Jul 24, 2026
- Filed
- CIK
- 0000004962
- Accession no.
- 0000004962-26-000322
Summary
American Express reported second-quarter 2026 net income of $3.1 billion, or $4.53 per diluted share, up from $2.9 billion, or $4.08 per share, a year earlier, with total revenues net of interest expense rising 10% to $19.637 billion and billed business up 9% to $455.8 billion. The company also began presenting Card Member loans and receivables together as Card balances in the first quarter of 2026.
Key points
- Net income was $3.1 billion, or $4.53 per diluted share, versus $2.9 billion, or $4.08, in the prior-year quarter.
- Total revenues net of interest expense rose 10% to $19.637 billion, and billed business grew 9% to $455.8 billion.
- Provisions for credit losses fell 23% to $1.084 billion, while total expenses rose 12% to $14.482 billion.
- U.S. Consumer Services billed business grew 11%, Commercial Services grew 5%, and International Card Services grew 13%, or 12% on an FX-adjusted basis.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (MD&A) Business Introduction American Express is a global payments and premium lifestyle brand powered by technology. Founded in 1850 and headquartered in New York, American Express’ card-issuing, merchant-acquiring and card network businesses offer products and services to a broad range of customers, including consumers, small businesses, mid-sized companies and large corporations around the world. …
An excerpt of the text as filed with the SEC, cut for length.
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