Cash & Equivalents
American Express Cash & Equivalents increased by 12.5% to $53.76B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $52.51B to $53.76B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 7.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $30.80B | $27.92B | $22.03B | $27.68B | $26.28B | $31.18B | $33.91B | $40.84B | $42.96B | $43.91B | $46.60B | $54.21B | $52.90B | $47.92B | $40.64B | $52.51B | $57.94B | $54.71B | $47.79B | $53.76B |
| QoQ Change | — | -9.4% | -21.1% | +25.6% | -5.1% | +18.7% | +8.8% | +20.4% | +5.2% | +2.2% | +6.1% | +16.3% | -2.4% | -9.4% | -15.2% | +29.2% | +10.3% | -5.6% | -12.6% | +12.5% |
| YoY Change | — | — | — | — | -14.7% | +11.7% | +54.0% | +47.5% | +63.5% | +40.8% | +37.4% | +32.8% | +23.1% | +9.1% | -12.8% | -3.1% | +9.5% | +14.2% | +17.6% | +2.4% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is American Express's cash & equivalents?
- American Express (AXP) reported cash & equivalents of $53.76B in Q1 2026.
- How has American Express's cash & equivalents changed year-over-year?
- American Express's cash & equivalents increased by 2.4% year-over-year, from $52.51B to $53.76B.
- What is the long-term trend for American Express's cash & equivalents?
- Over 5 years (2020 to 2025), American Express's cash & equivalents has grown at a 7.7% compound annual growth rate (CAGR), from $32.97B to $47.79B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.