American Express (AXP) · Q2 2026
AXP — Q2 2026 Financial Report Analysis
American Express grew Q2 2026 revenue 10% to $19.6 billion and raised full-year revenue guidance to 10%, but 62% of its $521 million pretax income increase came from a credit reserve release rather than the operating business, where Platinum refresh benefit costs held pre-provision profit growth to 4%.