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+6.8% | $16.93B+6.7% | $16.65B+7.1% | $16.37B+7.0% | $16.11B+6.9% | |
| GMNS | $7.95B+7.0% | $7.76B+3.7% | $7.61B+1.1% | $7.49B-0.6% | $7.43B-1.3% | |
| ICS | $13.6B+16.4% | $13B+13.4% | $12.49B+11.9% | $12.09B+11.3% | $11.68B+9.9% | |
| USCS | $35.69B+10.9% | $34.81B+10.8% | $33.91B+10.9% | $33B+10.6% | $32.18B+10.8% | |
| Total Revenues Net of Interest Expense After Provisions for Losses by Business | ||||||
| CS | $15.78B+7.0% | $15.55B+7.4% | $15.32B+9.2% | $14.99B+8.9% | $14.75B+9.0% | |
| GMNS | $7.86B+6.3% | $7.68B+3.2% | $7.6B+2.8% | $7.47B+0.9% | $7.4B+0.1% | |
| ICS | $12.72B+16.2% | $12.17B+13.4% | $11.68B+12.7% | $11.34B+13.3% | $10.95B+11.6% | |
| USCS | $32.72B+11.9% | $31.85B+12.1% | $30.93B+13.5% | $29.94B+13.3% | $29.24B+13.7% | |
| Total non-interest revenues by Business | ||||||
| CS | $13.8B+3.8% | $13.65B+3.3% | $13.52B+3.2% | $13.38B+2.5% | $13.29B+2.1% | |
| GMNS | $7.22B+7.3% | $7.06B+4.9% | $6.92B+3.3% | $6.81B+1.8% | $6.73B+0.8% | |
| ICS | $12.34B+16.6% | $11.82B+14.0% | $11.35B+12.3% | $10.98B+11.5% | $10.58B+9.7% | |
| USCS | $22.87B+10.9% | $22.31B+10.8% | $21.72B+10.8% | $21.13B+9.7% | $20.61B+9.2% | |
| Pretax income (loss) from continuing operations by Business | ||||||
| CS | $3.65B+5.3% | $3.67B+4.7% | $3.65B+8.6% | $3.46B+4.9% | $3.46B+11.4% | |
| GMNS | $4.09B-6.4% | $3.97B-9.8% | $3.94B-9.8% | $3.89B-10.9% | $4.37B+15.4% | |
| ICS | $2B+72.7% | $1.6B+55.5% | $1.32B+15.8% | $1.34B+24.4% | $1.16B+12.0% | |
| USCS | $6.84B+5.2% | $6.81B+6.8% | $6.81B+8.0% | $6.61B+6.2% | $6.5B+9.8% | |
| Revenue from contracts with customers by Business | ||||||
| CS | $11.96B+3.2% | $11.86B+2.6% | $11.75B+2.3% | $11.65B+1.7% | $11.59B+1.3% | |
| GMNS | $6.45B+6.8% | $6.31B+4.2% | $6.19B+2.5% | $6.1B+0.8% | $6.04B-0.2% | |
| ICS | $7.83B+14.1% | $7.54B+11.5% | $7.28B+10.0% | $7.07B+9.7% | $6.86B+8.9% | |
| USCS | $15.98B+9.1% | $15.63B+7.9% | $15.16B+5.9% | $14.85B+4.9% | $14.65B+5.0% | |
| Total Assets by Business | ||||||
| CS | $255.7B+6.7% | $251.64B+6.7% | $247.44B+6.6% | $242.85B+6.0% | $239.69B+6.8% | |
| GMNS | $75.24B-3.5% | $73.97B-12.8% | $73B-19.6% | $71.86B-23.4% | $77.98B-9.7% | |
| ICS | $194.02B+13.8% | $186.46B+10.1% | $179.25B+6.2% | $175.07B+6.6% | $170.55B+6.3% | |
| USCS | $471.69B+7.3% | $463.06B+7.0% | $454.32B+6.7% | $445.19B+6.5% | $439.54B+8.6% | |
| Noninterest Expense by Business | ||||||
| CS | $12.13B+7.5% | $11.88B+8.3% | $11.67B+9.9% | $11.53B+9.3% | $11.28B+7.4% | |
| GMNS | $3.77B+24.7% | $3.71B+22.0% | $3.66B+24.7% | $3.58B+18.6% | $3.02B-16.7% | |
| ICS | $10.72B+9.5% | $10.57B+8.9% | $10.36B+13.5% | $10.01B+11.4% | $9.79B+10.9% | |
| USCS | $25.89B+13.8% | $25.04B+13.7% | $24.13B+14.6% | $23.33B+13.6% | $22.75B+13.6% | |
| Interest Income (Expense), Operating by Business | ||||||
| CS | $3.42B+21.1% | $3.27B+23.9% | $3.13B+32.4% | $2.99B+40.0% | $2.82B+42.8% | |
| GMNS | $726M+4.5% | $701M-7.2% | $691M-11.2% | $681M-14.0% | $695M-12.8% | |
| ICS | $1.26B+13.7% | $1.18B+8.2% | $1.14B+7.1% | $1.12B+8.6% | $1.11B+11.2% | |
| USCS | $12.82B+10.9% | $12.51B+10.8% | $12.19B+13.3% | $11.87B+15.7% | $11.56B+16.0% | |
| Salaries and employee benefits and other operating expenses by Business | ||||||
| CS | $3.42B+7.1% | $3.38B+7.6% | $3.32B+8.7% | $3.28B+7.0% | $3.2B+2.5% | |
| GMNS | $2.16B+47.9% | $2.11B+42.1% | $2.07B+45.8% | $2.01B+36.8% | $1.46B-28.5% | |
| ICS | $3.18B-2.4% | $3.3B+2.2% | $3.36B+13.0% | $3.29B+9.5% | $3.25B+7.7% | |
| USCS | $5.42B+13.0% | $5.29B+14.0% | $5.11B+14.8% | $4.96B+12.4% | $4.8B+8.7% | |
| Interest and Dividend Income, Operating by Business | ||||||
| CS | $5.22B+14.2% | $5.08B+16.1% | $4.92B+18.6% | $4.76B+22.5% | $4.57B+26.0% | |
| GMNS | $38M-19.1% | $40M-23.1% | $42M-25.0% | $44M-25.4% | $47M-21.7% | |
| ICS | $2.67B+13.7% | $2.53B+8.7% | $2.45B+5.6% | $2.39B+5.1% | $2.34B+6.9% | |
| USCS | $15.96B+8.5% | $15.66B+8.5% | $15.34B+9.0% | $15.03B+10.7% | $14.71B+12.8% | |
| Interest Expense by Business | ||||||
| CS | $1.81B+3.0% | $1.81B+4.1% | $1.79B+5.1% | $1.77B+7.9% | $1.75B+11.2% | |
| GMNS | -$687M-6.0% | -$661M+6.0% | -$649M+16.4% | -$637M+19.2% | -$648M+17.6% | |
| ICS | $1.41B+13.7% | $1.35B+9.2% | $1.31B+3.2% | $1.27B+2.2% | $1.24B+3.1% | |
| USCS | $3.14B-0.2% | $3.15B+0.3% | $3.14B+1.0% | $3.16B+5.2% | $3.15B+9.3% | |
| Marketing by Business | ||||||
| CS | $1.31B-1.9% | $1.33B+0.9% | $1.34B+8.9% | $1.34B+11.7% | $1.33B+16.3% | |
| GMNS | $382M-7.7% | $393M-4.4% | $407M+4.3% | $414M+6.8% | $414M+3.3% | |
| ICS | $1.35B+14.2% | $1.32B+6.8% | $1.28B+6.6% | $1.22B+2.7% | $1.18B+1.7% | |
| USCS | $3.19B+2.9% | $3.19B+4.5% | $3.2B+11.1% | $3.13B+12.9% | $3.1B+16.5% | |
| Goodwill, Acquired During Period by Business | ||||||
| ICS | $136M— | $0— | $0— | $0— | $0— | |
| Provisions by Business | ||||||
| CS | $1.43B+5.0% | $1.38B-0.6% | $1.33B-5.3% | $1.37B+1.0% | $1.36B+1.7% | |
| GMNS | $84M+147% | $78M+85.7% | $14M-67.3% | $19M-51.9% | $34M+29.5% | |
| ICS | $877M+19.2% | $831M+14.5% | $814M+14.0% | $754M+2.2% | $736M+1.2% | |
| USCS | $2.97B+1.2% | $2.97B-2.0% | $2.98B+0.7% | $3.06B+6.8% | $2.93B+2.3% | |
| Card Member rewards, business development and Card Member services by Business | ||||||
| CS | $7.41B+9.6% | $7.17B+10.2% | $7.02B+10.7% | $6.91B+9.9% | $6.76B+8.3% | |
| GMNS | $1.23B+7.0% | $1.21B+5.4% | $1.19B+5.4% | $1.16B-0.3% | $1.15B-3.4% | |
| ICS | $6.19B+15.6% | $5.95B+13.5% | $5.72B+15.6% | $5.5B+14.6% | $5.35B+15.2% | |
| USCS | $17.28B+16.3% | $16.56B+15.5% | $15.81B+15.3% | $15.24B+14.1% | $14.86B+14.6% | |
| Total non-interest revenues by Product | ||||||
| Credit Card, Merchant Discount | $38.17B+7.4% | $37.4B+6.3% | $36.69B+6.1% | $36.06B+5.4% | $35.56B+5.0% | |
| Credit Card | $10.41B+18.2% | $9.99B+18.3% | $9.61B+18.5% | $9.23B+18.5% | $8.81B+17.2% | |
| Financial Service, Other | $7.7B+13.1% | $7.47B+10.4% | $7.25B-9.9% | $6.95B-8.9% | $6.81B-5.0% |
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.
