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American Express AXP CS — Pretax income (loss) from continuing operations

Other segment segments

USCS
$2.07B+23.2%
GMNS
$1.13B+7.0%
ICS
$477M+2.6%

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Other financials

Income statement

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Revenue$19.6B+10.0%
Net income$3.1B+7.8%
EPS (diluted)$4.53+11.0%

Balance sheet

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Cash & equivalents$45.2B-21.9%
Total debt$59.0B-1.1%
Total equity$34.3B+6.1%
Total assets$308.20B+4.3%

Cash flow

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Operating cash flow$5.4B+23.1%
CapEx$898.0M+45.1%
Free cash flow$4.5B+19.4%

Valuation

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Market cap$226.49B+4.7%
Enterprise value$240.3B+10.2%
P/E19.8×-1.5×
P/S3×-0.2×

Profitability

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Net margin15.1%+0.3pp
FCF margin19.8%—

Returns & leverage

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Return on equity34.4%+1.6pp
Debt / equity1.7×-0.1×

Where this comes from

Reported directly by American Express in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: American Express’s 10-Q, filed July 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Express's CS — pretax income (loss) from continuing operations?
American Express (AXP) reported CS — pretax income (loss) from continuing operations of $970M in Q2 2026.
How has American Express's CS — pretax income (loss) from continuing operations changed year-over-year?
American Express's CS — pretax income (loss) from continuing operations increased by 7.2% year-over-year, from $905M to $970M.
What is the long-term trend for American Express's CS — pretax income (loss) from continuing operations?
Over 3 years (2022 to 2025), American Express's CS — pretax income (loss) from continuing operations has grown at a 8.4% compound annual growth rate (CAGR), from $2.88B to $3.67B.
What does CS — pretax income (loss) from continuing operations mean?
This represents the profitability of the commercial services segment before the deduction of income taxes. It is the definitive measure of the segment's financial performance and its contribution to the overall company's bottom line.