American Express Company: Mixed — EPS $4.68, Revenue $20.06B
Mixed ResultQ3 2026 · Pre-market
Did American Express Company (AXP) beat earnings today?
It was a mixed report for Q3 2026 — American Express Company (AXP) beat on EPS but missed on revenue.
Earnings Per Share+4.23% surprise
$4.68Actual
Expected: $4.49
vs. year ago +13.0%
Total Revenue-0.29% surprise
$20.06BActual
Expected: $20.12B
vs. year ago +9.0%
Released Oct 23 · 7:01 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Total Revenues Net of Interest Expense | $20.06B | $18.43B | +9.0% |
| Net Income | $3.71B | $2.90B | +28.0% |
| GAAP Diluted EPS | $5.42 | $4.14 | +31.0% |
| Adjusted Diluted EPS | $4.68 | $4.14 | +13.0% |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY 2026 Guidance |
|---|---|---|
| Revenue Growth | — | 10% |
| GAAP Diluted EPS | — | $18.30-$18.60 |
| Adjusted Diluted EPS | — | $17.60-$17.90 |
Business Highlights
- ➤Launched next-generation Amex Corporate™ with integrated expense software, mobile app and Corporate Cashback® Cards.
- ➤Introduced American Express Business Savings account, expanding banking offerings for businesses.
- ➤Extended long-term strategic partnership with Marriott International, including U.S. cobrand cards.
- ➤Launched exclusive Airbnb partnership, adding over one million listings to Amex Travel.
- ➤Announced Resy integrations including OpenAI and released the Intent Intelligence framework for agentic commerce.
- ➤Card acceptance exceeded 190 million merchant locations worldwide.
- ➤Opened Centurion Lounge at Amsterdam Airport Schiphol, bringing the network to 33 locations.
- ➤Announced four lounge expansions, including a 30,000-sq.ft. Newark Liberty Airport lounge.
- ➤Ranked #1 issuer in JD Power’s 2026 U.S. Credit Card Satisfaction Study for a seventh consecutive year.
Management Commentary
Stephen J. Squeri, Chairman and Chief Executive Officer
“We had another strong quarter, delivering 9 percent revenue growth and EPS of $5.42, or $4.68 adjusted, up 13 percent year-over-year.1 Our business momentum continues, with strength in billings, new acquisitions and Card Member retention, and excellent credit quality.”
Stephen J. Squeri, Chairman and Chief Executive Officer
“Given our performance year-to-date, we are raising our full-year EPS guidance to between $18.30 and $18.60 ($17.60-$17.90 adjusted),4 and we're on track to deliver another year of 10 percent revenue growth.”
Stephen J. Squeri, Chairman and Chief Executive Officer
“The progress we’re making across the business and ongoing innovations to enhance our Membership Model give me great confidence in our ability to deliver differentiated value for our customers and strong returns for our shareholders over the long term.”