American Express Company (AXP) quarterly cash flow statement — complete operating, investing & financing history
American Express Company (AXP) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 5.37B | 3.8B | 3.07B | 6.23B | 4.36B | 4.76B | 5.78B | -1.81B | 4.53B | 5.55B | 6.77B | 8.24B | 3.92B | -377M | 8.43B | 4.51B | 4.26B | 3.88B | 5.01B | 4.17B |
| Operating CF Growth % | 23.08% | -20.15% | -46.92% | 443.98% | -3.71% | -14.19% | -14.64% | -121.98% | 15.52% | 1572.68% | -19.72% | 82.87% | -7.89% | -109.72% | 68.37% | 8.05% | 33.72% | 70.18% | 43.09% | 91.38% |
| Net Income | 3.11B | 2.97B | 2.46B | 2.9B | 2.88B | 2.58B | 2.17B | 2.51B | 3.02B | 2.44B | 1.93B | 2.45B | 2.17B | 1.82B | 1.57B | 1.88B | 1.96B | 2.1B | 1.72B | 1.83B |
| Depreciation & Amortization | 488M | 468M | 462M | 455M | 427M | 433M | 428M | 437M | 421M | 390M | 422M | 429M | 400M | 400M | 418M | 413M | 397M | 398M | 419M | 442M |
| Deferred Taxes | -74M | 145M | 100M | -257M | -365M | -20M | -73M | -473M | -310M | -134M | -102M | -375M | -518M | -334M | -440M | -347M | -333M | -69M | 740M | -85M |
| Other Non-Cash Items | 406M | 926M | 1.03B | 1.3B | 1.25B | 1.36B | 1.06B | 1.75B | 733M | 1.08B | 1.71B | 1.39B | 1.29B | 1.21B | 862M | 1.18B | 583M | -80M | -719M | -258M |
| Working Capital Changes | 1.28B | -909M | -1.13B | 1.71B | 37M | 246M | 2.08B | -6.15B | 569M | 1.61B | 2.7B | 4.26B | 473M | -3.61B | 5.93B | 1.3B | 1.57B | 1.41B | 2.77B | 2.17B |
| Cash from Investing | -8.98B | -2.87B | -9.95B | -6.6B | -6.8B | 451M | -12.24B | -3.52B | -5.49B | -3.14B | -8.17B | -6.93B | -7.93B | -1.4B | -10.77B | -7.52B | -12.62B | -2.78B | -11.32B | -1.22B |
| Purchase of Investments | -1.88B | -1.98B | -446M | -545M | -530M | -239M | -383M | -448M | -355M | -407M | -399M | -502M | -394M | -277M | -285M | -1.22B | -346M | -2.33B | -338M | -355M |
| Sale/Maturity of Investments | 319M | 241M | 582M | 330M | 303M | 285M | 311M | 345M | 1.28B | 284M | 2.32B | 423M | 249M | 900M | 155M | 651M | 329M | 783M | 7.25B | 3.12B |
| Net Investment Activity | -1.56B | -1.74B | 136M | -215M | -227M | 46M | -72M | -103M | 926M | -123M | 1.92B | -79M | -145M | 623M | -130M | -565M | -17M | -1.54B | 6.92B | 2.76B |
| Acquisitions | -26M | -498M | 0 | 0 | 0 | 0 | -364M | -80M | 584M | 0 | 0 | 0 | 0 | -64M | 0 | 0 | -15M | 0 | 0 | 0 |
| Other Investing | -6.5B | 512M | -9.36B | -5.73B | -5.95B | 835M | -11.31B | -2.88B | -6.44B | -2.63B | -9.66B | -6.45B | -7.41B | -1.6B | -10.13B | -6.51B | -12.13B | -785M | -17.77B | -3.55B |
| Cash from Financing | -4.9B | 4.98B | -154M | -2.96B | 7.68B | 6.64B | -770M | 350M | -325M | 5.18B | 4.07B | -314M | 6.03B | 8.6B | 5.58B | 7.71B | 6.68B | 4.53B | 365M | -5.88B |
| Dividends Paid | -665M | -583M | -583M | -586M | -593M | -509M | -510M | -516M | -521M | -452M | -454M | -459M | -462M | -405M | -405M | -407M | -408M | -345M | -358M | -366M |
| Share Repurchases | -2.3B | -1.91B | -899M | -2.35B | -1.36B | -1.21B | -1.03B | -1.94B | -1.76B | -1.29B | -901M | -1.4B | -1.03B | -316M | -640M | -601M | -691M | -1.57B | -2.97B | -3.28B |
| Stock Issued | 0 | 7M | 9M | 26M | 0 | 22M | 51M | 3M | 17M | 29M | 5M | 1M | 4M | 18M | 2M | 0 | 5M | 49M | 10M | 9M |
| Net Stock Activity | -2.3B | -1.9B | -890M | -2.33B | -1.36B | -1.19B | -980M | -1.93B | -1.75B | -1.26B | -896M | -1.4B | -1.03B | -298M | -638M | -601M | -686M | -1.52B | -2.96B | -3.27B |
| Debt Issuance (Net) | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K |
| Other Financing | 524M | 3.88B | 2.61B | 496M | 2.97B | 6.97B | 4B | 1.68B | -653M | 5.28B | 4.7B | 1.7B | 1.95B | 10.57B | 6.75B | 7.09B | 5.52B | 6.54B | 66M | 166M |
| Net Change in Cash | -8.51B | 5.96B | -6.91B | -3.23B | 5.43B | 11.87B | -7.28B | -4.98B | -1.32B | 7.62B | 2.69B | 950M | 2.12B | 6.92B | 2.73B | 4.91B | -1.4B | 5.65B | -5.89B | -2.88B |
| Exchange Rate Effect | -6M | 57M | 120M | 91M | 184M | 10M | -41M | 7M | -34M | 28M | 21M | -51M | 101M | 106M | -502M | 205M | 270M | 14M | 61M | 46M |
| Cash at Beginning | 53.76B | 47.79B | 54.71B | 57.94B | 52.51B | 40.64B | 47.92B | 52.9B | 54.21B | 46.6B | 43.91B | 42.96B | 40.84B | 33.91B | 31.18B | 26.28B | 27.68B | 22.03B | 27.92B | 30.8B |
| Cash at End | 45.24B | 53.76B | 47.79B | 54.71B | 57.94B | 52.51B | 40.64B | 47.92B | 52.9B | 54.21B | 46.6B | 43.91B | 42.96B | 40.84B | 33.91B | 31.18B | 26.28B | 27.68B | 22.03B | 27.92B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 4.47B | 2.65B | 2.35B | 5.58B | 3.75B | 4.33B | 5.28B | -2.27B | 3.97B | 5.16B | 6.34B | 7.84B | 3.55B | -738M | 7.92B | 4.07B | 3.81B | 3.43B | 4.54B | 3.74B |
| FCF Growth % | 19.44% | -38.74% | -55.59% | 345.84% | -5.6% | -15.94% | -16.71% | -128.93% | 11.81% | 798.64% | -19.9% | 92.94% | -6.8% | -121.5% | 74.54% | 8.63% | 33.34% | 75.06% | 48.07% | 104.82% |