Business Segments · Pretax income (loss) from continuing operations

GMNS — Pretax income (loss) from continuing operations

American Express GMNS — Pretax income (loss) from continuing operations increased by 26.1% to $1.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.6%, from $990.00M to $1.12B. Over 4 years (FY 2021 to FY 2025), GMNS — Pretax income (loss) from continuing operations shows an upward trend with a 20.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2020
Last reportedQ1 2026
Rolls up toPre-Tax Income

How to read this metric

An increase indicates stronger segment performance and profitability, while a decrease signals operational challenges or margin compression.

Detailed definition

This metric reflects the profitability of the merchant and network services segment before the impact of income taxes. I...

Peer comparison

Comparable to segment-level operating income or pretax profit at diversified financial firms.

Metric ID: axp_segment_gmns_pretax_income_loss_from_continuing_operations

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$527.00M$513.00M$449.00M$669.00M$802.00M$792.00M$691.00M$885.00M$963.00M$986.00M$822.00M$1.02B$1.54B$991.00M$853.00M$990.00M$1.05B$1.04B$884.00M$1.12B
QoQ Change-2.7%-12.5%+49.0%+19.9%-1.2%-12.8%+28.1%+8.8%+2.4%-16.6%+23.7%+51.1%-35.5%-13.9%+16.1%+6.5%-1.3%-15.0%+26.1%
YoY Change+52.2%+54.4%+53.9%+32.3%+20.1%+24.5%+19.0%+14.9%+59.6%+0.5%+3.8%-2.7%-31.4%+4.9%+3.6%+12.6%
Range$449.00M$1.54B
CAGR+17.1%
Avg YoY Growth+20.1%
Median YoY Growth+16.9%

Frequently Asked Questions

What is American Express's gmns — pretax income (loss) from continuing operations?
American Express (AXP) reported gmns — pretax income (loss) from continuing operations of $1.12B in Q1 2026.
How has American Express's gmns — pretax income (loss) from continuing operations changed year-over-year?
American Express's gmns — pretax income (loss) from continuing operations increased by 12.6% year-over-year, from $990.00M to $1.12B.
What is the long-term trend for American Express's gmns — pretax income (loss) from continuing operations?
Over 4 years (2021 to 2025), American Express's gmns — pretax income (loss) from continuing operations has grown at a 20.6% compound annual growth rate (CAGR), from $1.87B to $3.97B.
What does gmns — pretax income (loss) from continuing operations mean?
The profit or loss generated by the merchant and network segment before taxes.