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American Express (AXP) free cash flow by quarter

American Express' free cash flow was $4.4B in Q3 2026 (third quarter 2026), -0.8% from Q2 2026. Over the last 7 quarters it ranged from $2.3B (Q4 2025) to $5.6B (Q3 2025).

American Express free cash flow by quarterAmerican Express free cash flow by quarter$4.3BQ1 2025$3.7BQ2 2025$5.6BQ3 2025$2.3BQ4 2025$2.7BQ1 2026$4.5BQ2 2026$4.4BQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$4.4B-0.8%-20%
Q2 2026$4.5B+68%+19%
Q1 2026$2.7B+13%-39%
Q4 2025$2.3B-58%—
Q3 2025$5.6B+49%—
Q2 2025$3.7B-14%—
Q1 2025$4.3B——

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' free cash flow?

American Express' free cash flow was $4.4B in Q3 2026 (third quarter 2026), -0.8% from Q2 2026.

How has American Express' free cash flow changed?

Over the last 7 quarters it ranged from $2.3B (Q4 2025) to $5.6B (Q3 2025).

Q3 2026 results → · How American Express makes money →