Skip to content
NYSE · SERVICES-BUSINESS SERVICES, NEC · MID CAP

American Well Corp. AMWL

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$249.3M
▼ 2.0% YoY
$-95.7M
$-66.0M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Amwell sells access to the Amwell Platform, its enterprise digital care delivery platform and software, through recurring subscriptions, along with related services and solutions delivered as configurable modules, partner programs and Carepoint devices and services. As of December 31, 2025 it powered the digital care programs of approximately 50 health plans, which together represent more than 90 million covered lives, and of approximately 80 health systems. Since inception it has powered more than 37.6 million virtual care visits for clients, of which more than 4.5 million took place during that year. For health systems, the Amwell Platform carries provider-to-provider virtual care for uses ranging from stroke to virtual nursing and e-sitting. It extends the clinical capacity of its clients with Amwell Medical Group, a nationwide network of clinical entities whose multi-disciplinary providers work on 24/7/365 coverage. It had 562 full-time employees at the end of 2025, 77% of them based in the United States across 42 states and the rest in Ireland, Israel, Colombia and the United Kingdom. Amwell was founded in 2006.

Written from the business description in American Well Corp's annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.

Growth

USD 249.3M
Revenue, FY2025 · full 8-year series below
Revenue $M Net income $M
FY2025 · Revenue 249.3 · Net income -95.7
100.0M200.0M-250.0M-500.0M
2018202120242025
Compound annual growth
−3.5%
+0.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +0.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−38 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -42.2% · Net -38.1%
-100%-200%
201820212025
ROE
FY2025 · ROE -35.4%
-50%
201820212025
Three returns, three denominators.

Each USD of equity lost 35 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -66.0
-100M-200M
201820212025

Total assetsUSD 323.8M
EquityUSD 235.6M
CashUSD 182.3M
Current ratio3.37×

Equity funds 73% of total assets.

The 8-year record

8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
AMWL, 8-year financial record
Metric 20252024202320222021202020192018
Revenue $B0.20.30.30.30.30.20.10.1
Operating income $B−0.1−0.2−0.7−0.3−0.2−0.2−0.1−0.1
EBITDA $B−0.1−0.2−0.7−0.2−0.2−0.2−0.1−0.0
Income tax $B0.00.00.00.0−0.00.0−0.00.0
Net income $B−0.1−0.2−0.7−0.3−0.2−0.2−0.1−0.1
Free cash flow $B−0.1−0.1−0.1−0.2−0.1−0.1−0.1−0.1
EPS, diluted $−5.96−13.88−47.50−19.72−0.69−2.27−2.12−1.30
Dividend / sh $◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————
ROE %−35.4−54.1−88.4−23.5−14.3———
Shares out B0.020.020.290.280.260.240.04◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 24 checks were skipped: the balance sheet is not tagged before 2019. 11 checks were skipped: EPS is not tagged before 2018. 11 checks were skipped: revenue is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Business Services, NEC
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2018

Share this section

Download image