American Express Q2 Earnings Exceed Expectations with $19.64 Billion Revenue

American Express stock has maintained its value following the release of second-quarter earnings. For the period ending July 24, 2026, the company reported revenue of $19.64 billion and diluted EPS of $4.53.

These numbers represent a 10% increase in revenue from the same quarter last year, while EPS rose from $4.08. The EPS beat consensus estimates by $0.12, with revenue coming in slightly below the expected $19.70 billion.

The quarterly results demonstrate American Express's continued strong performance, driven by cardmember spend, credit quality, and premium relationships. Net margin stood at 15.07% and return on equity was 34.12%, which helps explain the stock's premium valuation despite a strong run.