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AXP
American Express CompanyStock · Financials
$351.96+$3.96 (+1.14%)as of market close, Jul 2, 2026
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How American Express makes money

Fiscal year

How does American Express make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

American Express Company · FY2025 · year ended 2025-12-31
Revenue$41.3BGross profit$41.3B · 100%Cost of revenue$0 · 0%Operating income$35.1B · 85%Operating expenses$6.3B · 15%Selling & marketing$6.3B · 15%Pre-tax income$13.8B · 33%Other expense$21.3B · 51%Net income$10.8B · 26%Income tax$3.0B · 7%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.