Growth Metrics

American Well (AMWL) EBITDA Margin (2019 - 2025)

American Well (AMWL) has 7 years of EBITDA Margin data on record, last reported at 108.97% in Q4 2025.

  • For Q4 2025, EBITDA Margin rose 16919.0% year-over-year to 108.97%; the TTM value through Dec 2025 reached 7.96%, up 7756.0%, while the annual FY2025 figure was 7.96%, 7756.0% up from the prior year.
  • EBITDA Margin reached 108.97% in Q4 2025 per AMWL's latest filing, up from 52.11% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 108.97% in Q4 2025 and bottomed at 620.81% in Q1 2023.
  • Average EBITDA Margin over 5 years is 108.86%, with a median of 81.21% recorded in 2022.
  • Peak YoY movement for EBITDA Margin: plummeted -50489bps in 2023, then surged 49475bps in 2024.
  • A 5-year view of EBITDA Margin shows it stood at 71.51% in 2021, then dropped by -14bps to 81.84% in 2022, then increased by 2bps to 80.58% in 2023, then grew by 25bps to 60.21% in 2024, then surged by 281bps to 108.97% in 2025.
  • Per Business Quant database, its latest 3 readings for EBITDA Margin were 108.97% in Q4 2025, 52.11% in Q3 2025, and 28.74% in Q2 2025.