AXPAmerican Express
American Express is a global payments and premium lifestyle brand powered by technology. 10-K, Item 1
- Employees
- 76,800
- Headquarters
- New York, NY
- CEO
- Stephen J. Squeri
- Next results
- around Jan 29, 2027
The biggest changes in the 10-K filed 2026-02-06, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Cash from operations
+31.2% Big change FY to 2025-12-31 vs 2024-12-31“In 2025, the net cash provided by operating activities was driven by cash generated from net income for the period and higher net operating liabilities, primarily driven by higher book overdrafts due to timing differences arising in the ordinary course of business.”
Read it in the 10-K ↗
Net income
+7.0% FY to 2025-12-31 vs 2024-12-31The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Revenue
+6.4% FY to 2025-12-31 vs 2024-12-31“Discount revenue increased, primarily driven by an increase in billed business of 8 percent, partially offset by lower average merchant discount rates due to shifts in geographic and merchant spend mix.”
Read it in the 10-K ↗
“Discount revenue increased 8 percent, primarily driven by an increase in U.S. consumer billed business.”
Read it in the 10-K ↗
Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
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