American Express Company Announced Q1 2026 Earnings on April 23, 2026, Reporting "Revenue in the quarter grew 11%".

American Express Company reported its Q1 2026 earnings with EPS of $4.28 for the quarter, up 18 percent over the prior year.

Management stated, "Revenue in the quarter grew 11% or 10% on an FX-adjusted basis". Overall spend was up 10 percent FX reported this quarter.

Provision expense of $1.3 billion for the quarter included a reserve release of $24 million.

The VCE to revenue ratio was 44.7 percent this quarter.

The company noted accelerated spend growth within its U.S. Platinum portfolio following a recent refresh.

Management stated they will increase investments in marketing and technology for the year to capitalize on key growth opportunities.

The company acquired a company called HyperCard, bringing in expertise in expense management.

The company returned $2.3 billion of capital to shareholders in the quarter, including $0.7 billion of dividends and $1.7 billion of share repurchases.

Regarding forward guidance, management stated, "we are reaffirming our full year guidance of revenue growth of 9% to 10% and earnings per share between $17.30 and $17.90". The company expects NII growth to continue to outpace growth in balances for the year.

For the full year, the company expects the VCE to revenue ratio to be around 44 percent.

The company expects marketing expenses to grow in the mid-single digits for the full year.In notable announcements, the company announced a multiyear global partnership with the NFL, making American Express the League's official payments partner beginning with the 2026 season.

The company announced new multiyear sports and entertainment agreements with MetLife Stadium and Mercedes-Benz Stadium, and renewed its sponsorship with the NBA. The company announced a roadmap for new commercial products starting with the launch of the new Graphite Business Cash Unlimited card.

The company also introduced the Amex Agentic Commerce Experiences or ACE Developer Kit, along with Amex Agent purchase protection.