10-Q quarterly report · filed Apr 23, 2026

American Express (AXP) Q1 2026 10-Q Quarterly Report

Short answer

American Express (AXP) filed its Q1 2026 10-Q quarterly report on Apr 23, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $10.5B (up 9.3% year over year) with net income of $3.0B.

Q1 2026 key financials · XBRL

Revenue
$10.5B
+9.3% YoY
Net income
$3.0B
+15.0% YoY
EPS (diluted)
$4.28
+17.6% YoY

Source: XBRL data from the American Express (AXP) Q1 2026 10-Q on SEC EDGAR. USD.

American Express Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $18.907B, up 11% YoY from $16.967B
  • Net income $2.971B, up 15%; effective tax rate 21.4% vs 22.4%
  • International Card Services best performer, billed business up 20%; Commercial Services weakest, up 4%
  • Cash and equivalents $53.757B, up 2%; $2.3B returned via repurchases and dividends
  • Airline spend softened late-quarter amid Middle East travel disruptions; geopolitical and regulatory uncertainty remained headwinds

Risk Factors

  • New sanctions-compliance exposure triggered by OFAC designation of a Latin America cardholder as an SDN
  • Reportable designated-person activity generated negligible gross revenues and net profits after designation
  • Account cancellation and cessation of activity reduced ongoing Section 13(r) compliance exposure

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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