Growth Metrics

American Well (AMWL) EBIAT (2019 - 2026)

American Well has reported EBIAT over the past 7 years, most recently at -$24.2 million for Q4 2025.

  • For Q4 2025, EBIAT rose 48.7% year-over-year to -$24.2 million; the TTM value through Dec 2025 reached -$94.0 million, up 56.21%, while the annual FY2025 figure was -$95.0 million, 55.34% up from the prior year.
  • EBIAT for Q4 2025 was -$24.2 million at American Well, up from -$31.9 million in the prior quarter.
  • Over five years, EBIAT peaked at -$18.4 million in Q1 2025 and troughed at -$398.5 million in Q1 2023.
  • A 5-year average of -$71.9 million and a median of -$50.3 million in 2023 define the central range for EBIAT.
  • Biggest five-year swings in EBIAT: crashed 467.25% in 2023 and later surged 81.57% in 2024.
  • Year by year, EBIAT stood at -$47.8 million in 2021, then crashed by 31.41% to -$62.8 million in 2022, then grew by 20.32% to -$50.0 million in 2023, then grew by 5.78% to -$47.1 million in 2024, then surged by 48.7% to -$24.2 million in 2025.
  • Business Quant data shows EBIAT for AMWL at -$24.2 million in Q4 2025, -$31.9 million in Q3 2025, and -$19.5 million in Q2 2025.