Operating Expenses

Professional fees

American Express Professional fees decreased by 12.5% to $545.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.7%, from $541.00M to $545.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026Apr 23, 2026

How to read this metric

A significant increase may indicate high levels of M&A activity, litigation, or complex restructuring efforts.

Detailed definition

Encompasses payments made to third-party service providers, including legal counsel, accounting firms, and management co...

Peer comparison

Standard operating expense line item found in the SG&A section of the income statement.

Metric ID: professional_fees

Historical Data

13 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$472.00M$501.00M$500.00M$440.00M$467.00M$477.00M$455.00M$542.00M$579.00M$541.00M$591.00M$623.00M$545.00M
QoQ Change+6.1%-0.2%-12.0%+6.1%+2.1%-4.6%+19.1%+6.8%-6.6%+9.2%+5.4%-12.5%
YoY Change-6.8%-6.8%-4.6%+3.4%+16.1%+21.4%+18.9%+9.0%+7.6%+0.7%
Range$440.00M$623.00M
CAGR+4.9%
Avg YoY Growth+5.9%
Median YoY Growth+5.5%

Frequently Asked Questions

What is American Express's professional fees?
American Express (AXP) reported professional fees of $545.00M in Q1 2026.
How has American Express's professional fees changed year-over-year?
American Express's professional fees increased by 0.7% year-over-year, from $541.00M to $545.00M.
What does professional fees mean?
The total cost of external legal, accounting, and consulting services.