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American Express AXP USCS — Total revenues net of interest expense

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Other financials

Income statement

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Revenue$18.9B+11.4%
Net income$3.0B+15.0%
EPS (diluted)$4.28+17.6%

Balance sheet

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Cash & equivalents$53.8B+2.4%
Total debt$60.4B+14.5%
Total equity$34.0B+9.0%
Total assets$308.89B+9.4%

Cash flow

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Operating cash flow$3.8B-20.2%
CapEx$1.1B+167%
Free cash flow$2.7B-38.7%

Valuation

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Market cap$233.67B+11.7%
Enterprise value$240.35B+14.7%
P/E20.8×+0.5×
P/S3.2×0.0×

Profitability

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Net margin15.1%-0.2pp
FCF margin19.3%

Returns & leverage

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Return on equity34.4%+0.1pp
Debt / equity1.8×+0.1×

Where this comes from

Reported directly by American Express in its filing.

Tagged under the XBRL concept us-gaap:RevenuesNetOfInterestExpense.

The official record: American Express’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Express's USCS — total revenues net of interest expense?
American Express (AXP) reported USCS — total revenues net of interest expense of $9.12B in Q1 2026.
How has American Express's USCS — total revenues net of interest expense changed year-over-year?
American Express's USCS — total revenues net of interest expense increased by 10.6% year-over-year, from $8.25B to $9.12B.
What is the long-term trend for American Express's USCS — total revenues net of interest expense?
Over 3 years (2022 to 2025), American Express's USCS — total revenues net of interest expense has grown at a 13.3% compound annual growth rate (CAGR), from $23.91B to $34.81B.
What does USCS — total revenues net of interest expense mean?
The total revenue generated by the U.S. Consumer Services segment after deducting the interest expense associated with funding its operations. This is a primary measure of the segment's top-line performance, combining both fee-based and net interest income.