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American Express Co

AXPNYSEFinance ServicesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 23, 2026Score 14/3013% above fair value
$327.98+8.87 (+2.78%)

Close on Nov 2, 2026Market cap $221.49BP/E 19.9Yield 1.00%

American Express Business Development Expense by Quarter

Business Development Expense ($M) ($M)

QuarterlyAnnual

American Express Business Development Expense: $1,795M in Q3 2026, up 11.4% from a year earlier. That is the highest of the 23 quarters on record here.

Latest, Q3 2026
1,795
Period ended Sep 30, 2026
Change on a year earlier
+11.4%
1,611 in Q3 2025
History
23 quarters
Since Q1 2021
Sources
19
Documents cited below

Where the Q3 2026 figure comes from

“|| Business development | 1,795 | 1,755 | 1,591 | 1,728 | 1,611 | 11 | 5,141 | 4,729 | 9”

Source: 8-K EX-99.2 (Q3'26, filed 2026-10-23) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedBusiness Development Expense ($M) ($M)Year on yearSource
Q3 2026Sep 30, 20261,795+11.4%8-K EX-99.2 (Q3'26, filed 2026-10-23) ↗
Q2 2026Jun 30, 20261,755+10.4%8-K EX-99.2 (Q3'26, filed 2026-10-23) ↗
Q1 2026Mar 31, 20261,591+4.1%8-K EX-99.2 (Q3'26, filed 2026-10-23) ↗
Q4 2025Dec 31, 20251,728+5.6%8-K EX-99.2 (Q3'26, filed 2026-10-23) ↗
Q3 2025Sep 30, 20251,611+12.7%8-K EX-99.2 (Q3'26, filed 2026-10-23) ↗
Q2 2025Jun 30, 20251,589+11.4%8-K EX-99.2 (Q2'26, filed 2026-07-24) ↗
Q1 2025Mar 31, 20251,529+9.8%8-K EX-99.2 (Q1'26, filed 2026-04-23) ↗
Q4 2024Dec 31, 20241,637+10.4%8-K EX-99.2 (Q4'25, filed 2026-01-30) ↗
Q3 2024Sep 30, 20241,430+2.7%8-K EX-99.2 (Q3'25, filed 2025-10-17) ↗
Q2 2024Jun 30, 20241,427+2.8%8-K EX-99.2 (Q2'25, filed 2025-07-18) ↗
Q1 2024Mar 31, 20241,392-0.1%8-K EX-99.2 (Q1'25, filed 2025-04-17) ↗
Q4 2023Dec 31, 20231,483+13.9%8-K EX-99.2 (Q4'24, filed 2025-01-24) ↗
Q3 2023Sep 30, 20231,393+16.7%8-K EX-99.2 (Q3'24, filed 2024-10-18) ↗
Q2 2023Jun 30, 20231,388-1.1%8-K EX-99.2 (Q2'24, filed 2024-07-19) ↗
Q1 2023Mar 31, 20231,393+33.6%8-K EX-99.2 (Q1'24, filed 2024-04-19) ↗
Q4 2022Dec 31, 20221,302+15.4%8-K EX-99.2 (Q4'23, filed 2024-01-26) ↗

Cite this data

StockData. (2026). American Express Business Development Expense ($M), quarterly Q1 2021–Q3 2026 [Data set]. Compiled from American Express SEC filings and investor materials. https://stockdatahq.com/stocks/axp/kpis/exp-bus-dev-m

See every metric in the American Express KPI table. Data updated Oct 25, 2026.