American Well (AMWL) Cost of Revenue (2019 - 2026)

American Well has reported Cost of Revenue for 8 years, with the latest figure at $24.5 million in Q2 2026.

• On a quarterly basis, Cost of Revenue fell 21.38% year-over-year to $24.5 million in Q2 2026; TTM through Jun 2026 was $105.2 million, a 23.62% decrease from a year earlier, with the FY2025 full-year figure at $116.5 million, down 25.06% from the prior year.
• Cost of Revenue was $24.5 million for Q2 2026 at American Well, down from $26.9 million in the prior quarter.
• The five-year high for Cost of Revenue was $46.8 million in Q4 2023, with the low at $24.5 million in Q2 2026.
• Average Cost of Revenue over 5 years is $36.0 million, with a median of $37.5 million recorded in 2022.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue rose 17.97% in 2022, then sank 30.18% in 2025.
• Over 5 years, Cost of Revenue stood at $45.7 million in 2022, then gained by 2.59% to $46.8 million in 2023, then fell by 21.82% to $36.6 million in 2024, then dropped by 26.33% to $27.0 million in 2025, then decreased by 9.21% to $24.5 million in 2026.
• The last three Cost of Revenue figures came in at $24.5 million (Q2 2026), $26.9 million (Q1 2026), and $27.0 million (Q4 2025), per Business Quant data.