For the quarter ending 2026-03-31, AXP had $5,965M increase in cash & cash equivalents over the period. $2,655M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 2,971 | 2,462 | 2,902 | 2,885 |
| Provisions for credit losses | 1,251 | 1,414 | 1,287 | 1,405 |
| Depreciation and amortization | 468 | 462 | 455 | 427 |
| Stock-based compensation | 203 | 141 | 125 | 127 |
| Deferred taxes | 145 | 100 | -257 | -385 |
| Other items | 282 | 311 | -13 | 152 |
| Originations of card balances held for sale | 42 | 74 | - | - |
| Proceeds from sales of loans held for sale | - | 0 | - | - |
| Other assets | 1,386 | 1,448 | 181 | 1,170 |
| Accounts payable & other liabilities | 476 | 321 | 1,889 | 1,207 |
| Net cash provided by operating activities | 3,804 | 3,067 | 6,233 | 4,364 |
| Sale of investments | 8 | 5 | 41 | 1 |
| Maturities and redemptions of investments | 233 | 577 | 289 | 302 |
| Purchase of investments | 1,978 | 446 | 545 | 530 |
| Net decrease in card balances and other loans, including card balances held for sale | -512 | 9,361 | 5,729 | 5,318 |
| Purchase of premises and equipment, net of sales | 1,149 | 722 | 654 | 619 |
| Acquisitions, net of cash acquired | 498 | 0 | 0 | 633 |
| Dispositions, net of cash disposed | - | 0 | 0 | 0 |
| Net cash (used in) provided by investing activities | -2,872 | -9,947 | -6,598 | -6,797 |
| Net increase in customer deposits | 5,375 | 2,606 | 496 | 2,970 |
| Net increase in short-term borrowings | 110 | -28 | -20 | -110 |
| Proceeds from long-term debt | 3,502 | 2,002 | 6,479 | 11,128 |
| Payments of long-term debt | 1,524 | 3,261 | 7,001 | 4,361 |
| Issuance of american express common shares | 7 | 9 | 26 | 0 |
| Repurchase of american express common shares and other | 1,911 | 899 | 2,351 | 1,356 |
| Dividends paid | 583 | 583 | 586 | 593 |
| Net cash provided by financing activities | 4,976 | -154 | -2,957 | 7,678 |
| Effect of foreign currency exchange rates on cash and cash equivalents | 57 | 120 | 91 | 184 |
| Net increase in cash and cash equivalents | 5,965 | -6,914 | -3,231 | 5,429 |
| Cash and cash equivalents at beginning of period | 47,792 | 54,706 | 57,937 | 52,508 |
| Cash and cash equivalents at end of period | 53,757 | 47,792 | 54,706 | 57,937 |
AMERICAN EXPRESS CO (AXP)
AMERICAN EXPRESS CO (AXP)