American Express (AXP) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter grew compared to both the prior quarter and the same quarter a year earlier. The trajectory reflects a year-over-year growth rate that was stronger than the sequential quarterly gain.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter grew compared to both the prior quarter and the same quarter a year earlier. The trajectory reflects a year-over-year growth rate that was stronger than the sequential quarterly gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.4B
Revenue reported for this quarter.
Quarter-over-quarter
+0.9%
Change from the immediately preceding quarter.
Year-over-year
+7.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$40.3B
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 |
|---|---|---|
| Dec 31, 2024 | $10B | +4.1% |
| Mar 31, 2025 | $9.6B | +3.1% |
| Jun 30, 2025 | $10.3B | +5.1% |
| Sep 30, 2025 | $10.4B | +7.2% |
Revenue performance
Reported revenue increased on a sequential basis and was also higher relative to the same period one year ago.
Quarterly comparison
Compared with the immediately preceding quarter, revenue moved higher. Revenue also rose compared with the same quarter one year prior.
What to watch
The sequential increase was narrower than the year-over-year gain, a pattern that may warrant monitoring in future quarters.