American Express's first quarter 2026 EPS of $4.28 beat estimates on accelerating card member spending.

American Express reported first quarter 2026 revenue of $18.9 billion and EPS of $4.28, beating analyst expectations of $18.62 billion and $4.03, respectively. The company reaffirmed its full-year 2026 guidance.

Key Highlights

• Revenue grew 11% year-over-year to $18.9 billion, driven by higher card member spending, increased net interest income, and strong card fee growth.
• Card Member spending (Billed Business) increased 10% year-over-year to $428.0 billion, with the 9% FX-adjusted growth marking the highest rate in three years.
• The company reaffirmed its full-year 2026 guidance for revenue growth of 9% to 10% and EPS of $17.30 to $17.90.