Income StatementBalance SheetCash FlowSegments
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American Express Business Segments

Business, geographic, and product segment breakdowns

American Express generates $74.2B in annual revenue across 4 key segments: CS ($12.0B), GMNS ($6.5B), ICS ($7.8B), and USCS ($16.0B). Based on the Q1 2026 filing.

CS (TTM)$12.0BGMNS (TTM)$6.5BICS (TTM)$7.8BUSCS (TTM)$16.0B
Latest FilingQ1 2026
Report Date2026-04-23
Market Cap$212.74B
P/E Ratio18.96
ROE34.42%

Products & Services

Total non-interest revenues

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Credit Card, Merchant Discount$9.2B$8.7B$9.4B$9.4B$9.9B$9.5B
Credit Card$2.2B$2.3B$2.5B$2.6B$2.6B$2.8B
Financial Service, Other$1.7B$1.7B$1.8B$2.0B$1.9B$2.0B

Foreign currency-related revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Service, Other$387.0M$382.0M$435.0M$447.0M$433.0M$480.0M

Late Fee Income Generated by Servicing Financial Assets, Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Service, Other$236.0M$237.0M$238.0M$245.0M$246.0M$255.0M

Loyalty coalition, merchant and other service fees

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Service, Other$412.0M$436.0M$407.0M$407.0M$460.0M$464.0M

Network partnership revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Service, Other$429.0M$408.0M$438.0M$456.0M$471.0M$449.0M

Other fees and revenues

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Service, Other$140.0M$123.0M$162.0M$254.0M$161.0M$154.0M

Travel commissions and fees

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Service, Other$115.0M$136.0M$148.0M$167.0M$175.0M$150.0M

Geographic

Pretax income (loss) from continuing operations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
APAC Geographic Region$164.0M$207.8M$207.8M$207.8M$207.8M—
EMEA$233.8M$313.8M$313.8M$313.8M$313.8M—
LACC Geographic Region$200.8M$226.8M$226.8M$226.8M$226.8M—
Other Unallocated-$604.5M-$563.0M-$563.0M-$563.0M-$563.0M—

Total revenues net of interest expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
APAC Geographic Region$1.2B$1.3B$1.3B$1.3B$1.3B—
EMEA$1.6B$1.8B$1.8B$1.8B$1.8B—
Lacc Geographic Region$961.3M$1.0B$1.0B$1.0B$1.0B—
Other Unallocated-$70.3M-$67.8M-$67.8M-$67.8M-$67.8M—

Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Outside the United States$8.5B$10.0B$10.0B$10.0B$10.0B—

Business Segments

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$114.2B$110.9B$113.9B$115.3B$123.0B$119.5B
CS$59.0B$62.0B$62.2B$64.3B$63.2B$66.1B
ICS$42.9B$42.6B$46.5B$47.3B$50.1B$50.2B
GMNS$17.7B$18.1B$18.3B$18.9B$18.7B$19.4B

Card Member rewards, business development and Card Member services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$3.8B$3.9B$4.0B$4.1B$4.6B$4.6B
CS$1.8B$1.7B$1.8B$1.7B$1.9B$2.0B
ICS$1.4B$1.3B$1.5B$1.5B$1.7B$1.6B
GMNS$322.0M$283.0M$288.0M$298.0M$341.0M$306.0M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CS$2.1B———$2.7B—
GMNS$551.0M———$554.0M—
ICS$716.0M———$775.0M—
USCS$772.0M———$799.0M—

Goodwill, Foreign Currency Translation and Measurement Period Adjustments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CS-$750.0K$1.5M$1.5M$1.5M$1.5M—
GMNS$0.0$750.0K$750.0K$750.0K$750.0K—
ICS-$6.8M$14.8M$14.8M$14.8M$14.8M—
USCS-$250.0K$6.8M$6.8M$6.8M$6.8M—

Goodwill, Written off Related to Sale of Business Unit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CS$0.0$0.0$0.0$0.0$0.0—
GMNS$6.8M$0.0$0.0$0.0$0.0—
ICS$0.0$0.0$0.0$0.0$0.0—
USCS$0.0$0.0$0.0$0.0$0.0—

Interest and Dividend Income, Operating

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$3.8B$3.8B$3.8B$4.0B$4.1B$4.1B
CS$1.2B$1.2B$1.2B$1.3B$1.3B$1.3B
ICS$583.0M$596.0M$620.0M$652.0M$666.0M$728.0M
GMNS$11.0M$12.0M$10.0M$9.0M$9.0M$10.0M

Interest Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$815.0M$757.0M$782.0M$789.0M$820.0M$751.0M
CS$442.0M$432.0M$450.0M$462.0M$461.0M$432.0M
ICS$318.0M$306.0M$335.0M$350.0M$362.0M$360.0M
GMNS-$160.0M-$143.0M-$165.0M-$181.0M-$172.0M-$169.0M

Interest Income (Expense), Operating

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$2.9B$3.0B$3.0B$3.2B$3.3B$3.3B
CS$734.0M$770.0M$790.0M$840.0M$872.0M$913.0M
ICS$265.0M$290.0M$285.0M$302.0M$304.0M$367.0M
GMNS$171.0M$155.0M$175.0M$190.0M$181.0M$180.0M

Marketing

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$813.0M$765.0M$800.0M$825.0M$797.0M$764.0M
ICS$306.0M$300.0M$322.0M$350.0M$347.0M$332.0M
CS$360.0M$337.0M$331.0M$313.0M$350.0M$311.0M
GMNS$130.0M$76.0M$96.0M$105.0M$116.0M$65.0M

Noninterest Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$5.9B$5.9B$6.0B$6.3B$6.8B$6.7B
CS$3.0B$2.9B$2.9B$2.9B$3.2B$3.1B
ICS$2.8B$2.4B$2.6B$2.7B$3.0B$2.5B
GMNS$1.0B$827.0M$874.0M$927.0M$1.1B$885.0M

Pretax income (loss) from continuing operations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$1.5B$1.7B$1.7B$1.9B$1.6B$1.8B
GMNS$853.0M$990.0M$1.1B$1.0B$884.0M$1.1B
CS$814.0M$836.0M$905.0M$1.1B$837.0M$816.0M
ICS$34.0M$381.0M$465.0M$441.0M$316.0M$781.0M

Provisions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$784.0M$631.0M$829.0M$734.0M$773.0M$631.0M
CS$311.0M$329.0M$360.0M$332.0M$359.0M$380.0M
ICS$194.0M$192.0M$210.0M$218.0M$211.0M$238.0M
GMNS$6.0M-$2.0M$5.0M$5.0M$70.0M$4.0M

Revenue from contracts with customers

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$3.7B$3.6B$3.9B$3.9B$4.2B$4.0B
CS$3.0B$2.8B$3.0B$3.0B$3.1B$2.9B
ICS$1.8B$1.7B$1.9B$1.9B$2.1B$2.0B
GMNS$1.5B$1.5B$1.6B$1.6B$1.7B$1.6B

Salaries and employee benefits and other operating expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$1.3B$1.2B$1.3B$1.3B$1.5B$1.4B
CS$886.0M$787.0M$826.0M$816.0M$952.0M$828.0M
ICS$1.0B$751.0M$783.0M$815.0M$948.0M$630.0M
GMNS$583.0M$468.0M$490.0M$524.0M$628.0M$514.0M

Total non-interest revenues

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$5.3B$5.2B$5.5B$5.6B$5.9B$5.8B
CS$3.4B$3.3B$3.4B$3.4B$3.5B$3.4B
ICS$2.7B$2.6B$2.9B$3.0B$3.2B$3.2B
GMNS$1.7B$1.7B$1.8B$1.8B$1.9B$1.8B

Total revenues net of interest expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$8.3B$8.2B$8.6B$8.9B$9.2B$9.1B
CS$4.1B$4.0B$4.2B$4.3B$4.4B$4.3B
ICS$3.0B$2.9B$3.2B$3.3B$3.5B$3.5B
GMNS$1.9B$1.8B$1.9B$2.0B$2.0B$2.0B

Total Revenues Net of Interest Expense After Provisions for Losses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
USCS$7.5B$7.6B$7.7B$8.1B$8.4B$8.5B
CS$3.8B$3.7B$3.9B$3.9B$4.0B$3.9B
ICS$2.8B$2.7B$3.0B$3.1B$3.3B$3.3B
GMNS$1.9B$1.8B$1.9B$2.0B$2.0B$2.0B

Goodwill, Acquired During Period

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
ICS$0.0$0.0$0.0$0.0$0.0$136.0M
GMNS$0.0$0.0$0.0$0.0$0.0—
USCS$98.5M$0.0$0.0$0.0$0.0—

Intangible assets acquired, excluding goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
ICS—————$272.0M