American Express Company (AXP) Revenue by Segment

American Express revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), American Express's largest business segment was U.S. Consumer Services, with $9.52 billion or 48% of revenue, up 11.4% from a year earlier. Next: Commercial Services (23%), International Card Services (18%) and Global Merchant and Network Services (11%).

By product or service, Credit Card, Merchant Discount brought in 68%, Credit Card brought in 19% and Financial Service, Other brought in 13% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was International Card Services (+12.0%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

American Express Company

AXPFinancial Services

United States

Financial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

U.S. Consumer ServicesGlobal Consumer Services GroupCommercial ServicesGlobal Merchant and Network ServicesInternational Card ServicesGlobal Commercial ServicesCorporate and Eliminations

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
U.S. Consumer Services	USD 9.52B	48.2%	+11.4%
Commercial Services	USD 4.50B	22.8%	+6.9%
International Card Services	USD 3.62B	18.3%	+12.0%
Global Merchant and Network Services	USD 2.10B	10.6%	+8.4%
Corporate and Eliminationsi	-USD 104.00M		–

Sum of items USD 19.74B; corporate items and eliminations -USD 104.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
U.S. Consumer Services	9.5B	9.1B	9.2B	8.9B	8.6B	8.2B	8.3B	7.9B	7.7B	7.5B	7.4B	7.2B	6.9B	6.6B	6.5B	6.2B	5.9B	5.3B	–	4.9B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Global Consumer Services Group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.9B	–	6.0B	5.4B	–	5.2B	4.6B	6.0B	–	6.2B	6.0B	5.7B	5.6B	5.4B	5.3B	5.1B	–	4.9B
Commercial Services	4.5B	4.3B	4.4B	4.3B	4.2B	4.0B	4.1B	4.0B	4.0B	3.8B	3.8B	3.7B	3.7B	3.5B	3.6B	3.5B	3.5B	3.0B	–	2.8B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Global Merchant and Network Services	2.1B	2.0B	2.0B	2.0B	1.9B	1.8B	1.9B	1.8B	1.9B	1.9B	1.9B	1.9B	1.9B	1.7B	1.8B	1.7B	1.6B	1.4B	1.5B	1.3B	1.2B	1.1B	–	1.1B	929.0M	1.4B	–	1.6B	1.6B	1.5B	1.6B	1.6B	1.6B	1.6B	–	1.5B
International Card Services	3.6B	3.5B	3.5B	3.3B	3.2B	2.9B	3.0B	2.9B	2.8B	2.7B	2.7B	2.6B	2.6B	2.5B	2.4B	2.3B	2.3B	2.1B	–	1.9B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Global Commercial Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.6B	–	3.0B	2.7B	–	2.5B	2.3B	3.1B	–	3.3B	3.3B	3.1B	3.3B	3.2B	3.2B	3.0B	–	2.9B
Corporate and Eliminations	- 104.0M	- 73.0M	–	- 19.0M	- 74.0M	- 68.0M	- 79.0M	- 89.0M	- 48.0M	- 66.0M	- 37.0M	- 68.0M	- 53.0M	- 45.0M	- 68.0M	- 67.0M	38.0M	- 60.0M	191.0M	- 28.0M	- 71.0M	- 109.0M	–	- 112.0M	- 147.0M	- 142.0M	–	- 46.0M	- 36.0M	- 47.0M	–	- 28.0M	–	–	–	–

American Express revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
U.S. Consumer Services	$9.5B	$9.1B	$8.9B	$8.6B	48%
Commercial Services	$4.5B	$4.3B	$4.3B	$4.2B	23%
International Card Services	$3.6B	$3.5B	$3.3B	$3.2B	18%
Global Merchant and Network Services	$2.1B	$2.0B	$2.0B	$1.9B	11%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

American Express revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Credit Card, Merchant Discount	$10.2B	$9.5B	$9.4B	$9.4B	68%
Credit Card	$2.9B	$2.8B	$2.6B	$2.5B	19%
Financial Service, Other	$2.0B	$2.0B	$2.0B	$1.8B	13%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are American Express's business segments?

U.S. Consumer Services, Commercial Services, International Card Services and Global Merchant and Network Services (as reported for Q2 fiscal 2026).

Which business segment makes the most money for American Express?

U.S. Consumer Services: $9.52 billion, or 48% of revenue, in Q2 fiscal 2026.

What are American Express's main products and services?

By revenue in Q2 fiscal 2026: Credit Card, Merchant Discount (68%), Credit Card (19%) and Financial Service, Other (13%).

MoreAmerican Express stock overview American Express financials American Express executive team American Express shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.