American Express Company
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of American Express Company (AXP). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| USCS | $7.26B 33.0% | $9.82B 35.7% · +35.3% | $12.48B 36.5% · +27.0% | $13.72B 36.8% · +9.9% | $14.48B 37.3% · +5.6% | $15.63B 37.8% · +7.9% |
| CS | $7.12B 32.4% | $8.66B 31.4% · +21.6% | $10.84B 31.7% · +25.2% | $11.38B 30.5% · +4.9% | $11.56B 29.7% · +1.6% | $11.86B 28.7% · +2.6% |
| ICS | $3.66B 16.7% | $4.37B 15.9% · +19.2% | $5.30B 15.5% · +21.4% | $6.16B 16.5% · +16.1% | $6.77B 17.4% · +9.9% | $7.54B 18.3% · +11.5% |
| GMNS | $3.95B 17.9% | $4.69B 17.0% · +18.9% | $5.60B 16.4% · +19.4% | $6.01B 16.1% · +7.2% | $6.05B 15.6% · +0.7% | $6.31B 15.3% · +4.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.