American Express Q2 2026 diluted EPS rose 11% to USD 4.53; net income increased 8% to USD 3.11 billion.
Revenue net of interest expense climbed 10% to USD 19.64 billion; pretax income advanced 15% to USD 4.07 billion.
Billed business increased 9% to USD 455.8 billion; provisions for credit losses fell to USD 1.1 billion from a year ago.
Expenses rose 12% to USD 14.5 billion, driven by higher variable customer engagement costs tied to spending, the U.S. Platinum Card refresh, and benefit usage.
Outlook and acquisition
Raised FY 2026 revenue growth guidance to 10%, reaffirmed EPS outlook of USD 17.30 to USD 17.90; announced a proposed acquisition of TheFork.
AXP•
