Pre-Tax Income

Income Before Tax

American Express Pre-Tax Income decreased by 19.2% to $3.09B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $2.76B to $3.09B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 6.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025

How to read this metric

This represents the total pool of earnings available to be split between the government and shareholders.

Detailed definition

A company's total earnings including both operating and non-operating items, before the provision for income taxes is ap...

Peer comparison

Used to calculate the effective tax rate when compared to the final tax expense.

Metric ID: is_income_before_tax

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
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
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%
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%
Range$1.87B$3.83B
CAGR+1.1%
Avg YoY Growth+9.6%
Median YoY Growth+7.5%

Business Segments

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Geographic Breakdown

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Frequently Asked Questions

What is American Express's pre-tax income?
American Express (AXP) reported pre-tax income of $3.09B in Q4 2025.
How has American Express's pre-tax income changed year-over-year?
American Express's pre-tax income increased by 12.1% year-over-year, from $2.76B to $3.09B.
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?
Total profit before the government takes its share in taxes.

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