American Express (AXP) Revenue & Revenue Breakdown

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American Express Revenue Highlights

Latest Revenue (Y)

$60.36B

Latest Revenue (Q)

$16.64B

Main Segment (Y)

International Card Services

Main Geography (Y)

UNITED STATES

American Express Revenue by Period

American Express 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 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 Revenue by Quarter

Date	Revenue	Change
2024-09-30	$16.64B	-9.59%
2024-06-30	$18.40B	3.31%
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 generated $16.64B in revenue during Q3 2024, up -9.59% compared to the previous quarter, and up 110.51% compared to the same period a year ago.

American Express Revenue Breakdown

American Express Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20
Global Merchant and Network Services	$7.40B	-	-	-
International Card Services	$10.43B	-	-	-
Financial Service, Other	$4.52B	$2.39B	$2.16B	-
United States Consumer Services	$28.12B	-	-	-
Commercial Services	$14.78B	-	-	-
Corporate & Other	$-203.00M	-	-	-
Credit Card, Merchant Discount	-	-	-	$20.40B
Credit Card	-	-	-	$4.66B

American Express's latest annual revenue breakdown by segment (product or service), as of Dec 23: International Card Services (57.04%), Global Merchant and Network Services (40.45%), and Financial Service, Other (2.51%).

Quarterly Revenue by Product

Product/Service	Sep 24	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
Global Merchant and Network Services	$1.85B	$1.87B	$1.87B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
International Card Services	$2.94B	$2.82B	$2.71B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
Credit Card, Merchant Discount	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.83B	$6.57B
Credit Card	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.08B	$1.03B

American Express's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: International Card Services (61.38%), and Global Merchant and Network Services (38.62%).

American Express Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$47.14B	$41.40B	$33.10B	$28.26B	$32.56B
Other Unallocated	$-201.00M	$-157.00M	$-22.00M	$-553.00M	$-197.00M
EMEA	$5.63B	$4.87B	$3.64B	$3.09B	$4.46B
LACC Geographic Region	$3.57B	$2.92B	$2.24B	$2.02B	$2.82B
APAC Geographic Region	$4.37B	$3.83B	$3.42B	$3.27B	-
United States Geographic Region	$47.14B	-	-	-	-
EMEA Geographic Region	$5.63B	-	-	-	-
JAPA Geographic Region	-	-	-	-	$3.92B

American Express's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (41.61%), United States Geographic Region (41.61%), EMEA (4.97%), EMEA Geographic Region (4.97%), APAC Geographic Region (3.86%), LACC Geographic Region (3.15%), and Other Unallocated (-0.18%).

Quarterly Revenue by Country

Country	Sep 20
Corporate and Other	$-6.00M

American Express's latest quarterly revenue breakdown by geography, as of Sep 20: Corporate and Other (100.00%).

American Express Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AXP	American Express	$60.36B	$16.64B
V	Visa	$35.93B	$9.62B
PYPL	PayPal	$29.77B	$7.85B
COF	Capital One Financial	$25.77B	$13.80B
MA	Mastercard	$25.10B	$7.37B
SYF	Synchrony Financial	$13.63B	$4.99B
DFS	Discover Financial Services	$9.84B	$5.91B
ALLY	Ally Financial	$9.07B	$4.19B
SOFI	SoFi	$2.05B	$860.63M
UPST	Upstart	$513.56M	$-5.45M

AXP Revenue FAQ

What is American Express’s yearly revenue?

American Express'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’s quarterly revenue?

American Express's quarterly revenue for Q3 2024 was $16.64B, a -9.59% decrease from the previous quarter (Q2 2024), and a 8.43% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $18.4B, a 3.31% increase from the previous quarter (Q1 2024), and a 22.23% increase year-over-year (Q2 2023). AXP'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).

What is American Express’s revenue growth rate?

American Express'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’s revenue streams?

American Express's revenue streams in c 23 are Global Merchant and Network Services, International Card Services, and Financial Service, Other. Global Merchant and Network Services generated $7.4B in revenue, accounting 40.45% of the company's total revenue International Card Services generated $10.43B in revenue, accounting 57.04% of the company's total revenue Financial Service, Other generated $459M in revenue, accounting 2.51% of the company's total revenue, down -89.85% year-over-year.

What is American Express’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of American Express was International Card Services. This segment made a revenue of $10.43B, representing 57.04% of the company's total revenue.