American Express (AXP) official guidance
American Express (AXP) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteAXPAMERICAN EXPRESS COFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 2026-07-25 04:01:27 UTC
2026-07-25 04:01:27 UTChigh teensmaintained17% – 19% vs FY2025
On card fees, we expect growth to accelerate in Q3 and to exit the year in the high teens, and we continue to expect credit metrics to be generally stable throughout the year.
AXP · transcript · Q2 FY2026
2026-07-25 04:00:00 UTCOpen source
2026-04-24 04:01:00 UTChigh teensmaintained17% – 19% vs FY2025
We expect card fee growth to pick up as the year progresses, as we see the impact from Platinum refresh exiting the year in the high teens.
AXP · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-01-31 05:01:14 UTCexiting the year in the high teensnew17% – 19% vs FY2025
In 2026, we expect card fees, card fee growth to pick up as the year progresses, as we see the impact from the Platinum refresh, exiting the year in the high teens.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
AXPAMERICAN EXPRESS COQ3 FY2026 · ends 2026-09-30
1 metric1 newearnings call · 2026-07-25 04:01:27 UTC
2026-07-25 04:01:27 UTCaccelerate in Q3new
On card fees, we expect growth to accelerate in Q3 and to exit the year in the high teens, and we continue to expect credit metrics to be generally stable throughout the year.
AXP · transcript · Q2 FY2026
2026-07-25 04:00:00 UTCOpen source
AXPAMERICAN EXPRESS COFY2026 · ends 2026-12-31
2 metrics1 maintainedearnings call · 2026-07-25 04:01:27 UTC
2026-07-25 04:01:27 UTCgenerally stable
On card fees, we expect growth to accelerate in Q3 and to exit the year in the high teens, and we continue to expect credit metrics to be generally stable throughout the year.
AXP · transcript · Q2 FY2026
2026-07-25 04:00:00 UTCOpen source
2026-04-24 04:01:00 UTCgenerally stable credit metrics
These results are consistent with our expectations for generally stable credit metrics throughout 2026.
AXP · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-01-31 05:01:14 UTCremain generally stablenew
In 2026, we expect credit metrics to remain generally stable, with some seasonal variation in provision across quarters.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
2026-07-25 04:01:27 UTC$17.3 – $17.9maintained12.5% – 16.4% vs FY2025
We continue to expect full-year EPS of $17.30-$17.90.
AXP · transcript · Q2 FY2026
2026-07-25 04:00:00 UTCOpen source
2026-07-24 11:01:10 UTC$17.3 – $17.9maintained12.5% – 16.4% vs FY2025
We continue to expect full-year EPS of $17.30 to $17.90.
AXP · EX-99.1 · Q2 FY2026
2026-07-24 11:00:28 UTCOpen source
2026-04-24 04:01:00 UTC$17.3 – $17.9maintained12.5% – 16.4% vs FY2025
Looking ahead, we're reaffirming our full-year 2026 guidance of 9%-10% annual revenue growth and EPS of $17.30-$17.90.
AXP · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-04-23 11:01:01 UTC$17.3 – $17.9maintained12.5% – 16.4% vs FY2025
“Given our strong results to date, we’re reaffirming our full-year 2026 guidance for 9 to 10 percent revenue growth and EPS of $17.30 to $17.90, and decided to increase our investments in marketing and technology to capitalize on long-term growth opportunities.”
AXP · EX-99.1 · Q1 FY2026
2026-04-23 11:00:36 UTCOpen source
2026-01-31 05:01:14 UTC$17.3 – $17.9maintained
Turning to 2026 guidance, given the strength and stability in our premium customer base, the momentum we're generating from our investments in the business, and the flexibility we have to drive leverage in our business model, we expect 2026 revenue growth of 9%-10% and EPS of $17.30-$17.90.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
2026-01-30 12:01:17 UTC$17.3 – $17.9new
For the full year 2026, we expect revenue growth of 9 to 10 percent and EPS in the range of $17.30 to $17.90, and we plan to increase our quarterly common stock dividend by approximately 16 percent.
AXP · EX-99.1 · Q4 FY2025
2026-01-30 12:00:34 UTCOpen source
AXPAMERICAN EXPRESS COH4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-07-25 04:01:27 UTC
2026-07-25 04:01:27 UTC10%new10% vs Q4 FY2025
We expect marketing to be up by around 10% year-over-year in the second half of the year, driven by increased investments in customer acquisition.
AXP · transcript · Q2 FY2026
2026-07-25 04:00:00 UTCOpen source
AXPAMERICAN EXPRESS COFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 2026-07-25 04:01:27 UTC
2026-07-25 04:01:27 UTCgrow in the mid single-digitsmaintained4% – 6% vs FY2025
We continue to expect operating expenses to grow in the mid single-digits for the full year, including the additional investment in technology we previously discussed.
AXP · transcript · Q2 FY2026
2026-07-25 04:00:00 UTCOpen source
2026-01-31 05:01:14 UTCgrow in the mid-single digitsnew4% – 6% vs FY2025
In 2026, we expect operating expenses to grow in the mid-single digits.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
AXPAMERICAN EXPRESS COH4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-07-25 04:01:27 UTC
2026-07-25 04:01:27 UTCdeceleratenew
In looking to the second half of the year, we have great momentum. We expect card fee growth to accelerate, credit to continue to be very strong, and variable card member engagement growth to decelerate as we lap the Platinum refresh of last year.
AXP · transcript · Q2 FY2026
2026-07-25 04:00:00 UTCOpen source
AXPAMERICAN EXPRESS COFY2026 · ends 2026-12-31
6 metrics3 raised2 newearnings call · 2026-07-25 04:01:27 UTC
2026-07-25 04:01:27 UTC44% – 45%raised +1.1%
On the VCE ratio, given the higher level of spending we have seen this year, we now expect the ratio to be between 44% and 45% for the full year.
AXP · transcript · Q2 FY2026
2026-07-25 04:00:00 UTCOpen source
2026-04-24 04:01:00 UTC44%maintained
For the full year, we continue to expect the VCE-to-revenue ratio to be lower than Q1, around 44%.
AXP · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-01-31 05:01:14 UTC44%new
In 2026, we expect the VCE to revenue ratio to be around 44%, driven by these investments and ongoing mix shift towards premium products and assuming a similar spend environment to what we've seen recently.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
2026-07-24 11:01:10 UTC10%raised +5.3%10% vs FY2025
Based on our better-than-expected performance in the first half of the year, we are raising our full-year revenue growth guidance to 10 percent and plan to reinvest this outperformance in growth initiatives given the significant opportunities we see ahead.
AXP · EX-99.1 · Q2 FY2026
2026-07-24 11:00:28 UTCOpen source
2026-04-24 04:01:00 UTC9% – 10%maintained9% – 10% vs FY2025
Looking ahead, we're reaffirming our full-year 2026 guidance of 9%-10% annual revenue growth and EPS of $17.30-$17.90.
AXP · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-04-23 11:01:01 UTC9% – 10%maintained9% – 10% vs FY2025
“Given our strong results to date, we’re reaffirming our full-year 2026 guidance for 9 to 10 percent revenue growth and EPS of $17.30 to $17.90, and decided to increase our investments in marketing and technology to capitalize on long-term growth opportunities.”
AXP · EX-99.1 · Q1 FY2026
2026-04-23 11:00:36 UTCOpen source
2026-01-31 05:01:14 UTC9% – 10%maintained9% – 10% vs FY2025
Turning to 2026 guidance, given the strength and stability in our premium customer base, the momentum we're generating from our investments in the business, and the flexibility we have to drive leverage in our business model, we expect 2026 revenue growth of 9%-10% and EPS of $17.30-$17.90.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
2026-01-30 12:01:17 UTC9% – 10%new9% – 10% vs FY2025
For the full year 2026, we expect revenue growth of 9 to 10 percent and EPS in the range of $17.30 to $17.90, and we plan to increase our quarterly common stock dividend by approximately 16 percent.
AXP · EX-99.1 · Q4 FY2025
2026-01-30 12:00:34 UTCOpen source
2026-04-24 04:01:00 UTCmid-single digitsraised +150.0%4% – 6% vs FY2025
We now expect marketing expenses to grow in the mid-single digits for the full year.
AXP · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-01-31 05:01:14 UTCup in the low single digitsnew1% – 3% vs FY2025
We expect marketing expense to be up in the low single digits in 2026, as we look to generate efficiencies from the investment in product value propositions and technology, as Steve discussed.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
2026-04-24 04:01:00 UTCto continue to outpace growth in balances
Looking ahead, we expect NII growth to continue to outpace growth in balances for the year.
AXP · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-01-31 05:01:14 UTCNII growth to continue to outpace growth in loans and receivablesnew
We expect NII growth to continue to outpace growth in loans and receivables in 2026.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
2026-01-31 05:01:14 UTC$0.95new
In 2026, we expect to increase our quarterly dividend by 16% to $0.95 per share, consistent with our approach of growing our dividend in line with earnings and our 20%-25% target payout ratio.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
2026-01-31 05:01:14 UTCcontinue to grow largely in line with billed businessnew
In 2026, we expect loans and receivables to continue to grow largely in line with billed business.
AXP · transcript · Q4 FY2025
2026-01-31 05:00:00 UTCOpen source
AXPAMERICAN EXPRESS COFY2025 · ends 2025-12-31
2 metrics2 maintainedearnings call · 2025-10-18 04:00:41 UTC
2025-10-18 04:00:41 UTC$15.2 – $15.5maintained8.4% – 10.6% vs FY2024
Based on our strong performance through the first three quarters, we're raising the guidance we provided in January. We now expect full-year revenue growth of 9% to 10% and EPS between $15.20-$15.50.
AXP · transcript · Q3 FY2025
2025-10-18 04:00:00 UTCOpen source
2025-10-17 11:01:04 UTC$15.2 – $15.5new8.4% – 10.6% vs FY2024
COMPANY RAISES FY 2025 GUIDANCE TO REVENUE GROWTH OF 9% TO 10% AND EPS OF $15.20 TO $15.50
AXP · EX-99.1 · Q3 FY2025
2025-10-17 11:00:35 UTCOpen source
2025-10-18 04:00:41 UTC9% – 10%maintained9% – 10% vs FY2024
Based on our strong performance through the first three quarters, we're raising the guidance we provided in January. We now expect full-year revenue growth of 9% to 10% and EPS between $15.20-$15.50.
AXP · transcript · Q3 FY2025
2025-10-18 04:00:00 UTCOpen source
2025-10-17 11:01:04 UTC9% – 10%new
COMPANY RAISES FY 2025 GUIDANCE TO REVENUE GROWTH OF 9% TO 10% AND EPS OF $15.20 TO $15.50
AXP · EX-99.1 · Q3 FY2025
2025-10-17 11:00:35 UTCOpen source