American Express Company (AXP) Q3 FY2026 earnings

Reported results

• Q3 2026 consolidated total revenues net of interest expense were $20,062 million, up 9 percent year-over-year.
• Q3 2026 GAAP net income was $3,712 million, up 28 percent year-over-year.
• Q3 2026 GAAP diluted earnings per common share (EPS) was $5.42, up 31 percent from $4.14 a year ago.
• Q3 2026 adjusted diluted EPS (non-GAAP) was $4.68, up 13 percent year-over-year.
• Q3 2026 adjusted net income (non-GAAP) was $3,214 million, up 11 percent year-over-year.
• Q3 2026 consolidated provisions for credit losses were $1.0 billion, compared with $1.3 billion a year ago.

Guidance

• Raised full-year 2026 GAAP diluted EPS guidance to between $18.30 and $18.60.
• Full-year 2026 adjusted EPS guidance (non-GAAP) is between $17.60 and $17.90.
• On track to deliver another year of 10 percent revenue growth.

Notes

Adjusted net income and adjusted EPS are non-GAAP measures that exclude the impact of a $982 million pre-tax gain ($751 million after-tax) from the sale of the company’s equity investment in Global Business Travel Group, Inc. (GBTG), net of a restructuring charge.

Price and volatility reaction

The stock moved -3.7% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -4.3 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-23 (8-K, Item 2.02). Read the original filing on sec.gov.