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American Express AXP Business Segments

FY'25FY'24FY'23FY'22
Total revenues net of interest expense by Business
CS$16.93B+6.7%$15.86B+7.3%$14.78B+8.9%$13.57B
GMNS$7.76B+3.7%$7.48B+1.2%$7.4B+14.2%$6.48B
ICS$13B+13.4%$11.46B+9.9%$10.43B+15.1%$9.06B
USCS$34.81B+10.8%$31.43B+11.8%$28.12B+17.6%$23.91B
Total Revenues Net of Interest Expense After Provisions for Losses by Business
CS$15.55B+7.4%$14.47B+7.5%$13.46B+3.5%$13B
GMNS$7.68B+3.2%$7.44B+1.0%$7.37B+13.9%$6.47B
ICS$12.17B+13.4%$10.74B+10.6%$9.7B+14.5%$8.48B
USCS$31.85B+12.1%$28.4B+12.4%$25.26B+10.3%$22.89B
Total non-interest revenues by Business
CS$13.65B+3.3%$13.22B+2.2%$12.93B+6.0%$12.2B
GMNS$7.06B+4.9%$6.73B+1.6%$6.62B+8.1%$6.12B
ICS$11.82B+14.0%$10.37B+9.5%$9.47B+14.6%$8.26B
USCS$22.31B+10.8%$20.14B+9.1%$18.46B+12.3%$16.44B
Pretax income (loss) from continuing operations by Business
CS$3.67B+4.7%$3.51B+22.5%$2.86B-0.7%$2.88B
GMNS$3.97B-9.8%$4.4B+20.3%$3.66B+23.8%$2.95B+55.5%
ICS$1.6B+55.5%$1.03B+6.0%$973M+64.1%$593M
USCS$6.81B+6.8%$6.38B+17.4%$5.43B+0.6%$5.4B
Revenue from contracts with customers by Business
CS$11.86B+2.6%$11.56B+1.6%$11.38B+4.9%$10.84B
GMNS$6.31B+4.2%$6.05B+0.7%$6.01B+7.2%$5.6B
ICS$7.54B+11.5%$6.77B+9.9%$6.16B+16.1%$5.3B
USCS$15.63B+7.9%$14.48B+5.6%$13.72B+9.9%$12.48B
Total Assets by Business
CS$251.64B+6.7%$235.82B+7.1%$220.24B+11.0%$198.41B
GMNS$73.97B-12.8%$84.78B+8.0%$78.5B+17.2%$67.01B
ICS$186.46B+10.1%$169.41B+9.3%$154.97B+14.0%$135.89B
USCS$463.06B+7.0%$432.95B+10.6%$391.32B+15.6%$338.44B
Noninterest Expense by Business
CS$11.88B+8.3%$10.97B+3.4%$10.6B+4.7%$10.12B
GMNS$3.71B+22.0%$3.04B-18.0%$3.71B+5.7%$3.51B
ICS$10.57B+8.9%$9.7B+11.2%$8.73B+10.5%$7.9B
USCS$25.04B+13.7%$22.02B+11.1%$19.83B+13.3%$17.49B
Interest Income (Expense), Operating by Business
CS$3.27B+23.9%$2.64B+43.1%$1.85B+34.4%$1.37B
GMNS$701M-7.2%$755M-2.7%$776M+120%$352M
ICS$1.18B+8.2%$1.09B+14.0%$958M+19.9%$799M
USCS$12.51B+10.8%$11.29B+17.0%$9.65B+29.1%$7.47B
Salaries and employee benefits and other operating expenses by Business
CS$3.38B+7.6%$3.14B-1.2%$3.18B+10.2%$2.89B
GMNS$2.11B+42.1%$1.49B-27.8%$2.06B+8.1%$1.9B
ICS$3.3B+2.2%$3.23B+5.4%$3.06B+4.2%$2.94B
USCS$5.29B+14.0%$4.64B+4.6%$4.44B+12.1%$3.96B
Interest and Dividend Income, Operating by Business
CS$5.08B+16.1%$4.37B+31.4%$3.33B+60.8%$2.07B
GMNS$40M-23.1%$52M-8.8%$57M+148%$23M
ICS$2.53B+8.7%$2.33B+12.3%$2.08B+42.9%$1.45B
USCS$15.66B+8.5%$14.43B+17.0%$12.34B+45.9%$8.46B
Interest Expense by Business
CS$1.81B+4.1%$1.73B+16.9%$1.48B+113%$697M
GMNS-$661M+6.0%-$703M+2.2%-$719M-119%-$329M
ICS$1.35B+9.2%$1.24B+10.8%$1.12B+70.9%$654M
USCS$3.15B+0.3%$3.14B+17.0%$2.68B+173%$983M
Marketing by Business
CS$1.33B+0.9%$1.32B+21.0%$1.09B-2.9%$1.12B
GMNS$393M-4.4%$411M-5.9%$437M+4.3%$419M
ICS$1.32B+6.8%$1.24B+14.2%$1.08B-5.7%$1.15B
USCS$3.19B+4.5%$3.05B+18.0%$2.59B-5.8%$2.74B
Goodwill, Written off Related to Sale of Business Unit by Business
CS$0$0$0$0
GMNS$0-100%$27M$0$0
ICS$0$0$0$0-100%
USCS$0$0$0$0
Goodwill, Acquired During Period by Business
GMNS$0$0-100%$18M$0
ICS$0$0$0$0
USCS$0-100%$394M$0-100%$13M
Goodwill, Foreign Currency Translation and Measurement Period Adjustments by Business
CS$6M+300%-$3M-200%-$1M0.0%-$1M0.0%
GMNS$3M$0$0$0
ICS$59M+319%-$27M-250%$18M+164%-$28M+34.9%
USCS$27M+2,800%-$1M$0+100%-$2M-100%
Provisions by Business
CS$1.38B-0.6%$1.39B+5.8%$1.31B+132%$565M
GMNS$78M+85.7%$42M+55.6%$27M+286%$7M
ICS$831M+14.5%$726M-0.1%$727M+24.5%$584M
USCS$2.97B-2.0%$3.03B+6.1%$2.86B+180%$1.02B
Card Member rewards, business development and Card Member services by Business
CS$7.17B+10.2%$6.5B+2.7%$6.33B+3.5%$6.12B
GMNS$1.21B+5.4%$1.15B-5.7%$1.22B+2.2%$1.19B
ICS$5.95B+13.5%$5.24B+14.3%$4.59B+20.2%$3.82B
USCS$16.56B+15.5%$14.33B+11.9%$12.81B+18.7%$10.79B
Total non-interest revenues by Product
Credit Card, Merchant Discount$37.4B+6.3%$35.19B+5.3%$33.42B+8.7%$30.74B+25.1%
Credit Card$9.99B+18.3%$8.45B+16.5%$7.26B+19.5%$6.07B+16.8%
Financial Service, Other$7.47B+10.4%$6.77B+0.8%$6.71B+48.4%$4.52B+36.3%
Total revenues net of interest expense by Geography
APAC Geographic Region$5.22B+11.1%$4.7B+7.5%$4.37B+14.0%$3.84B+12.2%
EMEA$7.07B+13.8%$6.22B+10.3%$5.63B+15.6%$4.87B+33.7%
Lacc Geographic Region$4.19B+9.1%$3.85B+7.7%$3.57B+22.4%$2.92B+30.3%
Other Unallocated-$271M+3.6%-$281M-39.8%-$201M-28.0%-$157M-614%
Pretax income (loss) from continuing operations by Geography
APAC Geographic Region$831M+26.7%$656M+10.8%$592M+57.4%$376M-10.5%
EMEA$1.26B+34.2%$935M+9.5%$854M+55.3%$550M+19.6%
LACC Geographic Region$907M+13.0%$803M+5.7%$760M+52.0%$500M+1.2%
Other Unallocated-$2.25B+6.9%-$2.42B-0.3%-$2.41B-8.4%-$2.22B-120%

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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.