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American Well (AMWL) Cost of Revenue (2019 - 2025)

American Well (AMWL) has 7 years of Cost of Revenue data on record, last reported at -$46.2 million in Q4 2025.

  • For Q4 2025, Cost of Revenue fell 400.42% year-over-year to -$46.2 million; the TTM value through Dec 2025 reached $43.3 million, down 61.58%, while the annual FY2025 figure was $43.3 million, 43.28% down from the prior year.
  • Cost of Revenue reached -$46.2 million in Q4 2025 per AMWL's latest filing, down from $64.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $64.4 million in Q3 2025 and bottomed at -$46.2 million in Q4 2025.
  • Average Cost of Revenue over 5 years is $19.3 million, with a median of $21.7 million recorded in 2023.
  • Peak YoY movement for Cost of Revenue: skyrocketed 317.26% in 2021, then tumbled 400.42% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at -$38.6 million in 2021, then skyrocketed by 160.22% to $23.3 million in 2022, then dropped by 6.27% to $21.8 million in 2023, then dropped by 29.41% to $15.4 million in 2024, then crashed by 400.42% to -$46.2 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were -$46.2 million in Q4 2025, $64.4 million in Q3 2025, and -$6.5 million in Q2 2025.