American Express Co

AXP: XNYS (USA)

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American Express Earnings: Higher Spending Volume Drives Double-Digit Earnings Growth

Michael Miller

Oct 23, 2026

American Express reported strong third-quarter earnings. Net revenue increased 9% from last year to $20 billion, while diluted earnings per share jumped 31% to $5.42. However, this includes a $751 aftertax gain from the sale of American Express Global Business Travel.

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Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

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American Express Co

American Express Earnings: Higher Spending Volume Drives Double-Digit Earnings Growth

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