AMERICAN EXPRESS CO (AXP) Form 10-Q — Oct 23, 2026
American Express delivered strong Q3 2026 results with revenue of $20.06 billion up 9% and EPS of $5.42 up 31% year-over-year, though results included a $982 million gain on the sale of its Global Business Travel Group stake and a $336 million restructuring charge. Spending momentum remained solid with billed business up 8%, net card fees up 16% on premium product refreshes, and net write-off rates improving to 2.1% from 2.2%.
Key figures
- Eps
- 5.42
- Revenue
- 20062000000
- Guidance
- Company expects growth in variable customer engagement expenses to moderate next quarter; maintains CET1 target range of 10-11 percent
- Net Income
- 3712000000
- Total Debt
- 58538000000
- Revenue Yoy
- 9%
- Cash Position
- 43203000000
- Shares Outstanding
- 670552018
- Cet1 Ratio
- 10.9%
- Occ Penalty
- 350000000
- Q3 Buybacks
- 1600000000
- Gbtg Sale Gain
- 982000000
- Nine Month EPS
- 14.22
- Net Write Off Rate
- 2.1%
- Customer Deposits
- 155019000000
- Network Volumes Q3
- $517.9 billion
- Nine Month Revenue
- 58606000000
- Net Card Fees Growth
- 16%
- Q3 Capital Returned
- 2240000000
- Restructuring Charge
- 336000000
- Billed Business Growth
- 8%
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