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American Express (AXP) capital expenditures by quarter

American Express' capital expenditures were $947M in Q3 2026 (third quarter 2026), +5% from Q2 2026. Over the last 7 quarters it ranged from $430M (Q1 2025) to $1.1B (Q1 2026).

American Express capital expenditures by quarterAmerican Express capital expenditures by quarter$430MQ1 2025$619MQ2 2025$654MQ3 2025$722MQ4 2025$1.1BQ1 2026$898MQ2 2026$947MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$947M+5%+45%
Q2 2026$898M-22%+45%
Q1 2026$1.1B+59%+167%
Q4 2025$722M+10%—
Q3 2025$654M+6%—
Q2 2025$619M+44%—
Q1 2025$430M——

Q3 2026 at a glance

American Express, Q3 2026: revenue $20.1B (+9% year over year), operating margin 22.6%, net earnings $3.7B, operating cash flow $5.4B. The chart follows the revenue to costs, profit and cash.

Questions

What is American Express' capital expenditures?

American Express' capital expenditures were $947M in Q3 2026 (third quarter 2026), +5% from Q2 2026.

How has American Express' capital expenditures changed?

Over the last 7 quarters it ranged from $430M (Q1 2025) to $1.1B (Q1 2026).

Q3 2026 results → · How American Express makes money →