American Express (AXP) Revenue — Quarter Ended Dec 31, 2025
American Express reported higher revenue for the quarter. The result reflects continued growth from the prior period and a larger increase relative to the same quarter a year ago.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
American Express reported higher revenue for the quarter. The result reflects continued growth from the prior period and a larger increase relative to the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.9B
Revenue reported for this quarter.
Quarter-over-quarter
+5.1%
Change from the immediately preceding quarter.
Year-over-year
+9.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$41.3B
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 |
|---|---|---|
| Mar 31, 2025 | $9.6B | +3.1% |
| Jun 30, 2025 | $10.3B | +5.1% |
| Sep 30, 2025 | $10.4B | +7.2% |
| Dec 31, 2025 | $10.9B | +9.9% |
Revenue performance
Revenue rose compared to both the immediately preceding quarter and the same quarter one year earlier. The year-over-year gain was notably larger than the sequential gain.
Quarterly comparison
Sequentially, revenue increased from the third quarter of the same fiscal year. Compared with the final quarter of the prior fiscal year, revenue also increased, and the year-over-year rate exceeded the sequential rate.
What to watch
The sequential revenue gain, while positive, was smaller than the year-over-year gain, warranting attention to any shifts in quarterly momentum.