As of Q3'25, American Express (AXP) reported net income of USD 2.9B, reflecting a YoY increase of 15.8%. This latest data point highlights a strong recovery compared to the previous quarter and maintains a positive growth trajectory for the company. From Q1'23 to Q3'25, AXP's net income demonstrated a generally upward trend, rising from USD 1.82B to a peak of USD 3.02B in Q2'24 before moderating slightly in subsequent quarters. Year-over-year growth was particularly robust through 2024, with YoY increases exceeding 30% in Q1 and Q2'24, but growth rates moderated in late 2024 and early 2025, including a brief YoY decline in Q2'25. Overall, the data indicates strong earnings momentum through 2024, followed by stabilization at elevated levels in 2025.