AXP earnings
Analysis, not adviceThis print
24 Jul 2026Q2 FY26graded 25 Jul 2026
cons 4.41 EPS / 19.70B rev
Next scheduled print 23 Oct 2026. Nothing on this page is about that print yet.
What the desk tested
Explicit conditions that would change the desk’s view, graded against the transcript below.
Bull condition triggered: International billed business accelerates above 15% YoY AND card fee growth sustains above 12% YoY AND management raises FY26 EPS guidance — confirming both geographic expans…
Bull condition triggered: NCO rate holds at or below 2.2% with flat sequential provision, alongside Millennial/Gen-Z cardholder spend growth accelerating — confirming the affluent-cohort credit superi…
＋2 more criteria on the deskfree trial · no cardFrom the desk's pre-read · 24 Jul 2026
AXP is scheduled to report Q2 2026 earnings on 2026-07-24; consensus stands at $4.41 EPS · $19.70B revenue (FMP).
＋1 more — the full pre-read is on the deskfree trial · no cardThe desk's graded verdict
intactgraded 25 Jul 2026
PASSCard-fee revenue trajectory
“we expect card fee growth to accelerate”
PASSNet charge-off rate
“The second-quarter net write-off rate was 2.0 percent, flat year-over-year”
Educational analysis, not a personalised recommendation. See all covered names on the earnings calendar · part of our public track record.