KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
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Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Ratios

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

American Well has reported Cost of Revenue over the past 7 years, most recently at $9.1 million for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 90.38% year-over-year to $9.1 million; the TTM value through Dec 2025 reached $80.0 million, down 54.82%, while the annual FY2025 figure was $43.3 million, 72.16% down from the prior year.
  • Cost of Revenue for Q4 2025 was $9.1 million at American Well, down from $26.8 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $103.6 million in Q4 2021 and troughed at -$31.0 million in Q4 2023.
  • A 5-year average of $32.7 million and a median of $24.2 million in 2023 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: crashed 130.37% in 2023 and later soared 405.0% in 2024.
  • Year by year, Cost of Revenue stood at $103.6 million in 2021, then decreased by 1.48% to $102.1 million in 2022, then crashed by 130.37% to -$31.0 million in 2023, then soared by 405.0% to $94.5 million in 2024, then plummeted by 90.38% to $9.1 million in 2025.
  • Business Quant data shows Cost of Revenue for AMWL at $9.1 million in Q4 2025, $26.8 million in Q3 2025, and $12.5 million in Q2 2025.