Pre-Tax Income
American Express Pre-Tax Income increased by 22.3% to $3.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.5%, from $3.33B to $3.78B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 6.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
Detailed definition
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Peer comparison
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
income_before_taxHistorical 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 | $2.94B | $2.45B | $2.31B | $2.71B | $2.54B | $2.46B | $1.87B | $2.17B | $2.73B | $3.10B | $2.51B | $3.15B | $3.79B | $3.20B | $2.76B | $3.33B | $3.55B | $3.83B | $3.09B | $3.78B |
| QoQ Change | — | -16.7% | -5.9% | +17.6% | -6.2% | -3.3% | -23.9% | +15.8% | +26.2% | +13.4% | -19.0% | +25.2% | +20.5% | -15.5% | -14.0% | +20.8% | +6.6% | +7.7% | -19.2% | +22.3% |
| YoY Change | — | — | — | — | -13.5% | +0.4% | -18.9% | -20.1% | +7.5% | +26.1% | +34.3% | +45.1% | +38.6% | +3.4% | +9.7% | +5.9% | -6.3% | +19.4% | +12.1% | +13.5% |
Business Segments — USCS
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| USCS | $1.56B | $1.66B | $1.55B | $1.73B | $1.68B | $1.85B | $1.55B | $1.76B |
| GMNS | $1.54B | $991.00M | $853.00M | $990.00M | $1.05B | $1.04B | $884.00M | $1.12B |
| CS | $905.00M | $908.00M | $814.00M | $836.00M | $905.00M | $1.09B | $837.00M | $816.00M |
| ICS | $290.00M | $455.00M | $34.00M | $381.00M | $465.00M | $441.00M | $316.00M | $781.00M |
| Total | $3.79B | $3.20B | $2.76B | $3.33B | $3.55B | $3.83B | $3.09B | $3.78B |
Business Segments — GMNS
| Segment | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 |
|---|---|---|---|---|---|
| GMNS | $527.00M | $529.00M | $508.00M | $687.00M | $815.00M |
| Total | $2.94B | $2.45B | $2.31B | $2.71B | $2.54B |
GMNS was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Other Unallocated | -$1.02B | -$2.22B | -$2.41B | -$2.42B | -$2.25B |
| EMEA | $705.00M | $550.00M | $854.00M | $935.00M | $1.26B |
| LACC Geographic Region | $782.00M | $500.00M | $760.00M | $803.00M | $907.00M |
| APAC Geographic Region | $707.00M | $376.00M | $592.00M | $656.00M | $831.00M |
| Total | $10.69B | $9.59B | $10.51B | $12.90B | $13.80B |
All segment values are derived from annual filings.
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is American Express's pre-tax income?
- American Express (AXP) reported pre-tax income of $3.78B in Q1 2026.
- How has American Express's pre-tax income changed year-over-year?
- American Express's pre-tax income increased by 13.5% year-over-year, from $3.33B to $3.78B.
- What is the long-term trend for American Express's pre-tax income?
- Over 4 years (2021 to 2025), American Express's pre-tax income has grown at a 6.6% compound annual growth rate (CAGR), from $10.69B to $13.80B.
- What does pre-tax income mean?
- The total profit a company made before paying its income taxes.