American Express (AXP) Revenue — Quarter Ended Jun 30, 2024
American Express reported higher revenue for the June quarter. The company continued its pattern of year-over-year revenue growth.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
American Express reported higher revenue for the June quarter. The company continued its pattern of year-over-year revenue growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.8B
Revenue reported for this quarter.
Quarter-over-quarter
+5.1%
Change from the immediately preceding quarter.
Year-over-year
+4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$38.1B
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, 2023 | $9.4B | +7.4% |
| Dec 31, 2023 | $9.6B | +5.4% |
| Mar 31, 2024 | $9.3B | +5.6% |
| Jun 30, 2024 | $9.8B | +4.1% |
Revenue performance
Revenue increased from the prior quarter and also rose compared to the same quarter a year earlier.
Quarterly comparison
The current quarter's revenue exceeded both the immediately preceding quarter and the same quarter one year prior. The trailing twelve-month revenue remained above the level of the current quarter alone.
What to watch
The filing contained no discussion of specific drivers or risks beyond standard risk factors and management overview.