AXP · 8-K · 20261023PR000405
Revenue Performance and Mix
AMERICAN EXPRESS CO · 2026-10-23 · Importance 42 · Surprise 14 · From source text
Third-quarter 2026 total revenues net of interest expense were $20.062 billion, up 9% year over year from $18.426 billion; nine-month revenue was $58.606 billion, up 10%. The company attributed quarterly revenue growth primarily to higher Card Member spending, increased net interest income supported by card-balance growth, and strong card-fee growth. Third-quarter billed business was $454.0 billion, up 8% year over year, while FX-adjusted revenue growth was also 9%.
Key facts
- American Express reported nine-month 2026 total revenues net of interest expense of $58.606 billion, up 10% year over year. source
- American Express reported Q3 2026 total revenues net of interest expense of $20.1 billion, up 9% year over year. source
- American Express said Q3 revenue growth was primarily driven by higher Card Member spending, increased net interest income supported by growth in card balances, and strong card fee growth. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +47.8% | American Express reported nine-month 2026 total revenues net of interest expense of $58.606 billion, up 10% year over year. |