American Express (AXP) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the quarter. The improvement continued a trend of higher revenue compared with both the preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the quarter. The improvement continued a trend of higher revenue compared with both the preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.4B
Revenue reported for this quarter.
Quarter-over-quarter
+6.6%
Change from the immediately preceding quarter.
Year-over-year
+7.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $8.7B | +22.3% |
| Dec 31, 2022 | $9.1B | +11.2% |
| Mar 31, 2023 | $8.8B | +15.8% |
| Jun 30, 2023 | $9.4B | +7.5% |
Revenue performance
Reported revenue rose relative to the immediately preceding quarter. The top line was also higher versus the same three-month period one year ago.
Quarterly comparison
Compared with the prior quarter, revenue moved higher. Versus the same quarter one year prior, revenue also increased.
What to watch
Monitor whether the upward year-over-year revenue progression sustains in future periods.