American Well (AMWL) EBIT Margin (2019 - 2026)
American Well (AMWL) reported EBIT Margin of -18.36% for Q2 2026, up 10.38 percentage points from -28.74% a year earlier and up 13.39 percentage points from the prior quarter.
American Well (AMWL) EBIT Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Well's EBIT Margin came in at -37.28%, up 14.95 percentage points year-over-year; for FY2025, it was -42.22%, up 43.30 percentage points from FY2024.
- EBIT Margin has a five-year change of +50.51 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at -85.52% in FY2024 (+181.67 pp), -267.19% in FY2023 (-167.67 pp), -99.52% in FY2022 (-28.65 pp) and -70.87% in FY2021 (+21.86 pp).
- The Q2 2026 figure ranks as the highest quarterly EBIT Margin in data going back to Q3 2019.
- Year over year, EBIT Margin has now increased in each of the last 11 quarters, with an average year-over-year change of +46.73 percentage points over the last eight quarters.
- The high point for year-over-year EBIT Margin in five years was Q1 2024 (a gain of 494.75 percentage points); the low point was Q1 2023 (a drop of 511.08 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -31.75% (Q1 2026), -45.48% (Q4 2025) and -52.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.64% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 0.96% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 7.97% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 27.75% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 13.58% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.37% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 22.24% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.22% |
| 10 | American Well | 228.49 Mn | -516.79 Mn | 27.56 Mn | -18.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18.36% |
| Mar 31, 2026 | -31.75% |
| Dec 31, 2025 | -45.48% |
| Sep 30, 2025 | -52.11% |
| Jun 30, 2025 | -28.74% |
| Mar 31, 2025 | -45.50% |
| Dec 31, 2024 | -60.21% |
| Sep 30, 2024 | -77.60% |
| Jun 30, 2024 | -83.41% |
| Mar 31, 2024 | -126.06% |
| Dec 31, 2023 | -80.58% |
| Sep 30, 2023 | -231.52% |
| Jun 30, 2023 | -151.34% |
| Mar 31, 2023 | -620.81% |
| Dec 31, 2022 | -81.84% |
| Sep 30, 2022 | -102.77% |
| Jun 30, 2022 | -107.58% |
| Mar 31, 2022 | -109.73% |
| Dec 31, 2021 | -65.19% |
| Sep 30, 2021 | -89.11% |
American Well EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=AMWL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "AMWL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=AMWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();