American Express AXP Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total revenues net of interest expense by Business | ||||||
| CS | $17.21B+1.7% | $16.93B+1.7% | $16.65B+1.7% | $16.37B+1.6% | $16.11B+1.6% | |
| GMNS | $7.95B+2.4% | $7.76B+1.9% | $7.61B+1.7% | $7.49B+0.8% | $7.43B-0.7% | |
| ICS | $13.6B+4.6% | $13B+4.0% | $12.49B+3.3% | $12.09B+3.5% | $11.68B+1.9% | |
| USCS | $35.69B+2.5% | $34.81B+2.7% | $33.91B+2.8% | $33B+2.6% | $32.18B+2.4% | |
| Total Revenues Net of Interest Expense After Provisions for Losses by Business | ||||||
| CS | $15.78B+1.5% | $15.55B+1.5% | $15.32B+2.2% | $14.99B+1.7% | $14.75B+1.9% | |
| GMNS | $7.86B+2.4% | $7.68B+1.1% | $7.6B+1.7% | $7.47B+1.0% | $7.4B-0.6% | |
| ICS | $12.72B+4.5% | $12.17B+4.2% | $11.68B+3.0% | $11.34B+3.6% | $10.95B+2.0% | |
| USCS | $32.72B+2.7% | $31.85B+3.0% | $30.93B+3.3% | $29.94B+2.4% | $29.24B+3.0% | |
| Total non-interest revenues by Business | ||||||
| CS | $13.8B+1.0% | $13.65B+1.0% | $13.52B+1.0% | $13.38B+0.7% | $13.29B+0.5% | |
| GMNS | $7.22B+2.3% | $7.06B+2.0% | $6.92B+1.7% | $6.81B+1.1% | $6.73B+0.1% | |
| ICS | $12.34B+4.4% | $11.82B+4.1% | $11.35B+3.4% | $10.98B+3.8% | $10.58B+2.0% | |
| USCS | $22.87B+2.5% | $22.31B+2.7% | $21.72B+2.8% | $21.13B+2.5% | $20.61B+2.4% | |
| Pretax income (loss) from continuing operations by Business | ||||||
| CS | $3.65B-0.5% | $3.67B+0.6% | $3.65B+5.3% | $3.46B0.0% | $3.46B-1.2% | |
| GMNS | $4.09B+3.2% | $3.97B+0.8% | $3.94B+1.3% | $3.89B-11.1% | $4.37B-0.6% | |
| ICS | $2B+25.0% | $1.6B+21.3% | $1.32B-1.0% | $1.34B+15.1% | $1.16B+12.5% | |
| USCS | $6.84B+0.4% | $6.81B+0.1% | $6.81B+2.9% | $6.61B+1.8% | $6.5B+1.9% | |
| Revenue from contracts with customers by Business | ||||||
| CS | $11.96B+0.9% | $11.86B+0.9% | $11.75B+0.9% | $11.65B+0.5% | $11.59B+0.3% | |
| GMNS | $6.45B+2.3% | $6.31B+1.9% | $6.19B+1.5% | $6.1B+0.9% | $6.04B-0.2% | |
| ICS | $7.83B+3.8% | $7.54B+3.7% | $7.28B+2.9% | $7.07B+3.0% | $6.86B+1.4% | |
| USCS | $15.98B+2.3% | $15.63B+3.1% | $15.16B+2.1% | $14.85B+1.4% | $14.65B+1.1% | |
| Total Assets by Business | ||||||
| CS | $255.7B+1.6% | $251.64B+1.7% | $247.44B+1.9% | $242.85B+1.3% | $239.69B+1.6% | |
| GMNS | $75.24B+1.7% | $73.97B+1.3% | $73B+1.6% | $71.86B-7.9% | $77.98B-8.0% | |
| ICS | $194.02B+4.1% | $186.46B+4.0% | $179.25B+2.4% | $175.07B+2.6% | $170.55B+0.7% | |
| USCS | $471.69B+1.9% | $463.06B+1.9% | $454.32B+2.1% | $445.19B+1.3% | $439.54B+1.5% | |
| Noninterest Expense by Business | ||||||
| CS | $12.13B+2.2% | $11.88B+1.8% | $11.67B+1.2% | $11.53B+2.2% | $11.28B+2.9% | |
| GMNS | $3.77B+1.6% | $3.71B+1.4% | $3.66B+2.3% | $3.58B+18.5% | $3.02B-0.7% | |
| ICS | $10.72B+1.4% | $10.57B+2.0% | $10.36B+3.5% | $10.01B+2.2% | $9.79B+0.9% | |
| USCS | $25.89B+3.4% | $25.04B+3.8% | $24.13B+3.4% | $23.33B+2.6% | $22.75B+3.3% | |
| Interest Income (Expense), Operating by Business | ||||||
| CS | $3.42B+4.4% | $3.27B+4.4% | $3.13B+4.9% | $2.99B+6.0% | $2.82B+6.8% | |
| GMNS | $726M+3.6% | $701M+1.4% | $691M+1.5% | $681M-2.0% | $695M-7.9% | |
| ICS | $1.26B+6.5% | $1.18B+3.4% | $1.14B+2.2% | $1.12B+1.0% | $1.11B+1.3% | |
| USCS | $12.82B+2.5% | $12.51B+2.6% | $12.19B+2.7% | $11.87B+2.7% | $11.56B+2.4% | |
| Salaries and employee benefits and other operating expenses by Business | ||||||
| CS | $3.42B+1.2% | $3.38B+2.0% | $3.32B+1.1% | $3.28B+2.6% | $3.2B+1.7% | |
| GMNS | $2.16B+2.2% | $2.11B+2.2% | $2.07B+2.9% | $2.01B+37.6% | $1.46B-1.8% | |
| ICS | $3.18B-3.7% | $3.3B-2.0% | $3.36B+2.3% | $3.29B+1.1% | $3.25B+0.8% | |
| USCS | $5.42B+2.4% | $5.29B+3.5% | $5.11B+3.1% | $4.96B+3.5% | $4.8B+3.3% | |
| Interest and Dividend Income, Operating by Business | ||||||
| CS | $5.22B+2.8% | $5.08B+3.2% | $4.92B+3.4% | $4.76B+4.1% | $4.57B+4.5% | |
| GMNS | $38M-5.0% | $40M-4.8% | $42M-4.5% | $44M-6.4% | $47M-9.6% | |
| ICS | $2.67B+5.2% | $2.53B+3.4% | $2.45B+2.7% | $2.39B+1.8% | $2.34B+0.6% | |
| USCS | $15.96B+2.0% | $15.66B+2.1% | $15.34B+2.0% | $15.03B+2.2% | $14.71B+2.0% | |
| Interest Expense by Business | ||||||
| CS | $1.81B0.0% | $1.81B+1.1% | $1.79B+0.8% | $1.77B+1.1% | $1.75B+1.0% | |
| GMNS | -$687M-3.9% | -$661M-1.8% | -$649M-1.9% | -$637M+1.7% | -$648M+7.8% | |
| ICS | $1.41B+4.0% | $1.35B+3.4% | $1.31B+3.1% | $1.27B+2.6% | $1.24B-0.1% | |
| USCS | $3.14B-0.2% | $3.15B+0.2% | $3.14B-0.5% | $3.16B+0.3% | $3.15B+0.3% | |
| Marketing by Business | ||||||
| CS | $1.31B-2.0% | $1.33B-0.7% | $1.34B+0.4% | $1.34B+0.5% | $1.33B+0.8% | |
| GMNS | $382M-2.8% | $393M-3.4% | $407M-1.7% | $414M0.0% | $414M+0.7% | |
| ICS | $1.35B+2.4% | $1.32B+3.2% | $1.28B+5.2% | $1.22B+2.7% | $1.18B-4.2% | |
| USCS | $3.19B0.0% | $3.19B-0.5% | $3.2B+2.2% | $3.13B+1.2% | $3.1B+1.5% | |
| Goodwill, Acquired During Period by Business | ||||||
| ICS | $136M— | $0— | $0— | $0— | $0— | |
| Provisions by Business | ||||||
| CS | $1.43B+3.7% | $1.38B+3.6% | $1.33B-3.1% | $1.37B+0.8% | $1.36B-1.9% | |
| GMNS | $84M+7.7% | $78M+457% | $14M-26.3% | $19M-44.1% | $34M-19.0% | |
| ICS | $877M+5.5% | $831M+2.1% | $814M+8.0% | $754M+2.4% | $736M+1.4% | |
| USCS | $2.97B0.0% | $2.97B-0.4% | $2.98B-2.6% | $3.06B+4.2% | $2.93B-3.2% | |
| Card Member rewards, business development and Card Member services by Business | ||||||
| CS | $7.41B+3.3% | $7.17B+2.1% | $7.02B+1.5% | $6.91B+2.3% | $6.76B+3.9% | |
| GMNS | $1.23B+1.9% | $1.21B+1.6% | $1.19B+2.5% | $1.16B+0.9% | $1.15B+0.3% | |
| ICS | $6.19B+4.0% | $5.95B+4.1% | $5.72B+3.9% | $5.5B+2.8% | $5.35B+2.1% | |
| USCS | $17.28B+4.4% | $16.56B+4.7% | $15.81B+3.8% | $15.24B+2.6% | $14.86B+3.7% | |
| Total non-interest revenues by Product | ||||||
| Credit Card, Merchant Discount | $38.17B+2.1% | $37.4B+1.9% | $36.69B+1.8% | $36.06B+1.4% | $35.56B+1.0% | |
| Credit Card | $10.41B+4.2% | $9.99B+4.0% | $9.61B+4.1% | $9.23B+4.8% | $8.81B+4.2% | |
| Financial Service, Other | $7.7B+3.1% | $7.47B+3.1% | $7.25B+4.3% | $6.95B+2.1% | $6.81B+0.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does American Express break its business down?
- American Express (AXP) reports total revenues net of interest expense by business across 4 parts — CS, GMNS, ICS and USCS. Each is extracted from the segment footnotes and tracked over time.
- Where does American Express's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in American Express's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
