American Express Co

AXP: XNYS (USA)

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American Express Earnings: Revenue Growth Exceeds Our Expectations but Is Offset by Higher Expenses

Michael Miller

Jul 24, 2026

American Express reported solid second-quarter earnings as higher spending on its cards drove strong revenue growth. Net revenue increased 10% from last year to $19.6 billion while diluted earnings per share rose to $4.53 from $4.08. These results translate to a return on average equity of 36.4%.

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American Express Co

American Express Earnings: Revenue Growth Exceeds Our Expectations but Is Offset by Higher Expenses

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