AMWL
American Well Corp
NYSE: AMWL · HEALTHCARE · HEALTH INFORMATION SERVICES
$7.97
+2.84% today
Updated 2026-05-08
Market cap
$133.17M
P/E ratio
—
P/S ratio
0.56x
EPS (TTM)
$-5.43
Dividend yield
—
52W range
$4 – $9
Volume
0.1M
American Well Corp (AMWL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $113.95M | $148.86M | $245.26M | $252.79M | $277.19M | $259.05M | $254.36M | $249.32M |
| Revenue growth (YoY) | — | +30.6% | +64.8% | +3.1% | +9.7% | -6.5% | -1.8% | -2.0% |
| Cost of revenue | $58.61M | $79.98M | $156.79M | $148.47M | $160.42M | $164.29M | $155.41M | $116.47M |
| Gross profit | $55.34M | $68.88M | $88.47M | $104.31M | $116.77M | $94.76M | $98.95M | $132.86M |
| Gross margin | 48.6% | 46.3% | 36.1% | 41.3% | 42.1% | 36.6% | 38.9% | 53.3% |
| R&D | $36.27M | $53.94M | $84.41M | $106.59M | $138.49M | $105.83M | $86.06M | $72.86M |
| SG&A | $37.22M | $54.21M | $166.25M | $94.62M | $146.35M | $126.64M | $121.17M | $88.05M |
| Operating income | $-55.11M | $-94.70M | $-227.43M | $-179.15M | $-275.85M | $-692.14M | $-217.53M | $-105.27M |
| Operating margin | -48.4% | -63.6% | -92.7% | -70.9% | -99.5% | -267.2% | -85.5% | -42.2% |
| EBITDA | $-49.78M | $-86.94M | $-217.28M | $-163.06M | $-249.69M | $-224.15M | $-184.56M | $-71.31M |
| EBITDA margin | -43.7% | -58.4% | -88.6% | -64.5% | -90.1% | -86.5% | -72.6% | -28.6% |
| EBIT | $-55.11M | $-94.70M | $-227.43M | $-179.15M | $-275.85M | $-255.66M | $-217.53M | $-105.27M |
| Interest expense | $0.00 | $6.71M | $1.63M | $120000.00 | $6.12M | $19.42M | — | $3.80M |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-52.67M | $-87.19M | $-224.43M | $-176.33M | $-270.43M | $-675.16M | $-208.14M | $-95.70M |
| Net income growth (YoY) | — | -65.5% | -157.4% | +21.4% | -53.4% | -149.7% | +69.2% | +54.0% |
| Profit margin | -46.2% | -58.6% | -91.5% | -69.8% | -97.6% | -260.6% | -81.8% | -38.4% |