American Express Company (AXP) Revenue & Revenue Breakdown
American Express Company Revenue Highlights
Latest Revenue (Y)
$60.36B
Latest Revenue (Q)
$18.40B
Main Segment (Y)
Financial Service, Other
Main Geography (Y)
UNITED STATES
American Express Company Revenue by Period
American Express Company Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $60.36B | 14.19% |
| 2022-12-31 | $52.86B | 24.73% |
| 2021-12-31 | $42.38B | 17.44% |
| 2020-12-31 | $36.09B | -17.15% |
| 2019-12-31 | $43.56B | 7.98% |
| 2018-12-31 | $40.34B | 20.52% |
| 2017-12-31 | $33.47B | 4.21% |
| 2016-12-31 | $32.12B | -2.13% |
| 2015-12-31 | $32.82B | -4.30% |
| 2014-12-31 | $34.29B | 4.00% |
| 2013-12-31 | $32.97B | 4.41% |
| 2012-12-31 | $31.58B | 5.41% |
| 2011-12-31 | $29.96B | 7.70% |
| 2010-12-31 | $27.82B | 13.44% |
| 2009-12-31 | $24.52B | -13.54% |
| 2008-12-31 | $28.36B | 2.29% |
| 2007-12-31 | $27.73B | 7.07% |
| 2006-12-31 | $25.90B | 10.94% |
| 2005-12-31 | $23.35B | -17.35% |
| 2004-12-31 | $28.25B | 13.17% |
| 2003-12-31 | $24.96B | 9.84% |
| 2002-12-31 | $22.73B | 7.80% |
| 2001-12-31 | $21.08B | -5.56% |
| 2000-12-31 | $22.32B | 10.35% |
| 1999-12-31 | $20.23B | 11.55% |
| 1998-12-31 | $18.13B | 7.70% |
| 1997-12-31 | $16.84B | 11.34% |
| 1996-12-31 | $15.12B | 3.58% |
| 1995-12-31 | $14.60B | 10.01% |
| 1994-12-31 | $13.27B | 7.11% |
| 1993-12-31 | $12.39B | - |
American Express Company generated $60.36B in revenue during NA 2023, up 14.19% compared to the previous quarter, and up 149.64% compared to the same period a year ago.
American Express Company Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $18.40B | 3.29% |
| 2024-03-31 | $17.81B | 12.78% |
| 2023-12-31 | $15.79B | 2.93% |
| 2023-09-30 | $15.34B | 1.91% |
| 2023-06-30 | $15.05B | 5.41% |
| 2023-03-31 | $14.28B | 0.74% |
| 2022-12-31 | $14.18B | 4.57% |
| 2022-09-30 | $13.56B | 1.20% |
| 2022-06-30 | $13.39B | 14.15% |
| 2022-03-31 | $11.73B | -3.38% |
| 2021-12-31 | $12.14B | 11.14% |
| 2021-09-30 | $10.93B | 6.40% |
| 2021-06-30 | $10.27B | 11.90% |
| 2021-03-31 | $9.18B | -1.84% |
| 2020-12-31 | $9.35B | 6.86% |
| 2020-09-30 | $8.75B | 14.02% |
| 2020-06-30 | $7.67B | -25.56% |
| 2020-03-31 | $10.31B | -9.28% |
| 2019-12-31 | $11.37B | 3.42% |
| 2019-09-30 | $10.99B | 1.39% |
| 2019-06-30 | $10.84B | 4.57% |
| 2019-03-31 | $10.36B | -1.05% |
| 2018-12-31 | $10.47B | 3.25% |
| 2018-09-30 | $10.14B | 1.42% |
| 2018-06-30 | $10.00B | 2.92% |
| 2018-03-31 | $9.72B | 9.94% |
| 2017-12-31 | $8.84B | 4.78% |
| 2017-09-30 | $8.44B | 1.55% |
| 2017-06-30 | $8.31B | 5.30% |
| 2017-03-31 | $7.89B | -1.66% |
| 2016-12-31 | $8.02B | 3.19% |
| 2016-09-30 | $7.77B | -5.60% |
| 2016-06-30 | $8.23B | 1.82% |
| 2016-03-31 | $8.09B | -3.61% |
| 2015-12-31 | $8.39B | 2.42% |
| 2015-09-30 | $8.19B | -1.10% |
| 2015-06-30 | $8.28B | 4.20% |
| 2015-03-31 | $7.95B | -12.70% |
| 2014-12-31 | $9.11B | 9.34% |
| 2014-09-30 | $8.33B | -3.79% |
| 2014-06-30 | $8.66B | 5.59% |
| 2014-03-31 | $8.20B | -4.07% |
| 2013-12-31 | $8.55B | 2.96% |
| 2013-09-30 | $8.30B | 0.68% |
| 2013-06-30 | $8.24B | 4.62% |
| 2013-03-31 | $7.88B | -3.19% |
| 2012-12-31 | $8.14B | 3.55% |
| 2012-09-30 | $7.86B | -1.29% |
| 2012-06-30 | $7.96B | 4.61% |
| 2012-03-31 | $7.61B | -1.65% |
| 2011-12-31 | $7.74B | 2.26% |
| 2011-09-30 | $7.57B | -0.62% |
| 2011-06-30 | $7.62B | 8.35% |
| 2011-03-31 | $7.03B | -1.55% |
| 2010-12-31 | $7.14B | 1.55% |
| 2010-09-30 | $7.03B | 2.55% |
| 2010-06-30 | $6.86B | 3.81% |
| 2010-03-31 | $6.61B | 5.22% |
| 2009-12-31 | $6.28B | 4.36% |
| 2009-09-30 | $6.02B | -1.25% |
| 2009-06-30 | $6.09B | 2.80% |
| 2009-03-31 | $5.93B | -8.91% |
| 2008-12-31 | $6.51B | -9.18% |
| 2008-09-30 | $7.16B | -4.28% |
| 2008-06-30 | $7.48B | 4.15% |
| 2008-03-31 | $7.19B | - |
American Express Company generated $18.40B in revenue during Q2 2024, up 3.29% compared to the previous quarter, and up 128.82% compared to the same period a year ago.
American Express Company Revenue Breakdown
American Express Company Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Financial Service, Other | $459.00M | $4.52B | $2.39B | $2.16B | $3.30B |
| Credit Card | - | - | - | $4.66B | $4.04B |
| Credit Card, Merchant Discount | - | - | - | $20.40B | $26.17B |
American Express Company's latest annual revenue breakdown by segment (product or service), as of Dec 23: Financial Service, Other (100.00%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| International Card Services | $2.82B | $2.71B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Global Merchant and Network Services | $1.87B | $1.87B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Global Commercial Services | - | $3.79B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| International Card Services Segment | - | $2.71B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| U.S. Consumer Services Segment | - | $7.50B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Financial Service, Other | - | - | $126.00M | $84.00M | $103.00M | $146.00M | $115.00M | $112.00M | $267.00M | $65.00M | $680.00M | $632.00M | $560.00M | $520.00M | $478.00M | $449.00M | $720.00M | $832.00M | $825.00M | $837.00M |
| Credit Card | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.08B | $1.03B | $988.00M |
| Credit Card, Merchant Discount | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.83B | $6.57B | $6.58B |
American Express Company's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: International Card Services (60.11%), and Global Merchant and Network Services (39.89%).
American Express Company Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| APAC Geographic Region | $4.37B | $3.83B | $3.42B | $3.27B | - |
| EMEA | $5.63B | $4.87B | $3.64B | $3.09B | $4.46B |
| LACC Geographic Region | $3.57B | $2.92B | $2.24B | $2.02B | $2.82B |
| Other Unallocated | $-201.00M | $-157.00M | $-22.00M | $-553.00M | $-197.00M |
| UNITED STATES | $47.14B | $41.40B | $33.10B | $28.26B | $32.56B |
| JAPA Geographic Region | - | - | - | - | $3.92B |
American Express Company's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (77.90%), EMEA (9.31%), APAC Geographic Region (7.22%), LACC Geographic Region (5.90%), and Other Unallocated (-0.33%).
Quarterly Revenue by Country
| Country | Sep 20 |
|---|---|
| Corporate and Other | $-6.00M |
American Express Company's latest quarterly revenue breakdown by geography, as of Sep 20: Corporate and Other (100.00%).
American Express Company Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AXP | American Express Company | $60.36B | $18.40B |
| V | Visa | $32.65B | $8.90B |
| PYPL | PayPal | $29.77B | $7.88B |
| COF | Capital One Financial | $25.77B | $13.24B |
| MA | Mastercard | $25.10B | $6.96B |
| DFS | Discover Financial Services | $20.61B | $5.99B |
| SYF | Synchrony Financial | $13.63B | $4.89B |
| ALLY | Ally Financial | $9.07B | $4.04B |
| SOFI | SoFi | $2.05B | $860.63M |
| UPST | Upstart | $513.56M | $127.63M |
AXP Revenue FAQ
What is American Express Company’s yearly revenue?
American Express Company's yearly revenue for 2023 was $60.36B, representing an increase of 14.19% compared to 2022. The company's yearly revenue for 2022 was $52.86B, representing an increase of 24.73% compared to 2021. AXP's yearly revenue for 2021 was $42.38B, representing an increase of 17.44% compared to 2020.
What is American Express Company’s quarterly revenue?
American Express Company's quarterly revenue for Q2 2024 was $18.4B, a 3.29% increase from the previous quarter (Q1 2024), and a 22.21% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $17.81B, a 12.78% increase from the previous quarter (Q4 2023), and a 24.72% increase year-over-year (Q1 2023). AXP's quarterly revenue for Q4 2023 was $15.79B, a 2.93% increase from the previous quarter (Q3 2023), and a 11.40% increase year-over-year (Q4 2022).
What is American Express Company’s revenue growth rate?
American Express Company's revenue growth rate for the last 3 years (2021-2023) was 42.43%, and for the last 5 years (2019-2023) was 38.59%.
What are American Express Company’s revenue streams?
American Express Company's revenue streams in c 23 are Financial Service, Other
What is American Express Company’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of American Express Company was Financial Service, Other. This segment made a revenue of $459M, representing 100.00% of the company's total revenue.