American Express stock falls as revenue and profit stay firm

American Express (US0258161092) is still anchored by a reported 2025 earnings base of $8.79 per share, $65.9 billion in revenue, and $11.5 billion in net income, while the shares were last quoted at $298.02 on 31 July 2026. Those figures frame the stock even without a fresh catalyst in the search results.

$65.9 billion revenue

The company said 2025 revenue reached $65.9 billion, up from $60.5 billion in 2024, while net income rose to $11.5 billion from $10.0 billion a year earlier. Earnings per share increased to $8.79 in 2025 from $7.90 in 2024, a gain of 11.3% year on year.

Margins and spending power

American Express also reported a 2025 return on equity of 32.5% and a diluted earnings-per-share increase that outpaced revenue growth, a sign that profitability stayed ahead of sales expansion. The company said its card-member spending and fee-based model continued to support that result across the year.

For investors, the combination of $65.9 billion in revenue, $11.5 billion in net income, and $8.79 in EPS matters more than a single-day move. The stock price near $298 still reflects a business that converted more than 17% of revenue into net income in 2025.

Card products still matter

American Express remains centered on its proprietary card network, with premium consumer and business cards still the core product family. That model is what supports fee income, spending data, and recurring annual card-member economics across the portfolio.

Price near $298

The shares were last quoted at $298.02 on 31 July 2026, and that level keeps the market focused on how long the company can defend its 2025 earnings power. With 2025 EPS of $8.79 and net income of $11.5 billion already established, the stock price is still being measured against delivered profits rather than a hope trade.