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American Express AXP USCS — Noninterest Expense

Other segment segments

CS
$3.18B+7.9%
ICS
$2.92B+14.2%
GMNS
$958M+9.6%

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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$232.56B+8.4%
Enterprise value$246.37B+13.9%
P/E20.3×-0.8×
P/S3.1×-0.1×

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:NoninterestExpense.

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 USCS — noninterest expense?
American Express (AXP) reported USCS — noninterest expense of $6.96B in Q2 2026.
How has American Express's USCS — noninterest expense changed year-over-year?
American Express's USCS — noninterest expense increased by 15.1% year-over-year, from $6.05B to $6.96B.
What is the long-term trend for American Express's USCS — noninterest expense?
Over 3 years (2022 to 2025), American Express's USCS — noninterest expense has grown at a 12.7% compound annual growth rate (CAGR), from $17.49B to $25.04B.
What does USCS — noninterest expense mean?
This is the aggregate of all operating costs excluding interest expense, including marketing, rewards, and personnel expenses. It provides a comprehensive view of the total cost structure required to operate the segment's business model.