American Well (AMWL) EBT (2019 - 2026)
American Well (AMWL) recorded quarterly EBT of -$10.1 million in Q1 2026, up 60.61% quarter-over-quarter from -$25.6 million in Q4 2025, and up 40.72% on a YoY basis from -$7.2 million in Q1 2025.
American Well (AMWL) EBT (2019 - 2026) Analysis & Trends
American Well's EBT history runs 8 years deep, the most recent figure standing at -$10.1 million for Q1 2026.
- In Q1 2026, EBT rose 40.72% year-over-year to -$10.1 million; the TTM figure through Mar 2026 stood at -$85.9 million (up 43.68% YoY), while the FY2025 annual figure was -$92.8 million, up 55.1% from the prior year.
- EBT was -$10.1 million for Q1 2026 at American Well, up from -$25.6 million in the prior quarter.
- In the past five years, EBT ranged from a high of -$10.1 million in Q1 2026 to a low of -$396.4 million in Q1 2023.
- Historically, EBT has averaged -$73.7 million across 5 years, with a median of -$49.7 million in 2024.
- The sharpest annual moves came in 2023 and 2024: EBT sank 463.25% in 2023, then soared 82.03% in 2024.
- A 5-year view of EBT shows it stood at -$60.8 million in 2022, then rose by 19.8% to -$48.8 million in 2023, then gained by 13.22% to -$42.3 million in 2024, then jumped by 39.53% to -$25.6 million in 2025, then soared by 60.61% to -$10.1 million in 2026.
- The last three EBT figures came in at -$10.1 million (Q1 2026), -$25.6 million (Q4 2025), and -$30.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 347.53 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 82.83 Mn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 92.41 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 35.94 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -12.85 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 32.12 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 59.82 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 9.31 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 16.91 Mn |
| 10 | American Well | 144.99 Mn | -22.22 Mn | 47.14 Mn | -10.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.08 Mn |
| Dec 31, 2025 | -25.60 Mn |
| Sep 30, 2025 | -30.69 Mn |
| Jun 30, 2025 | -19.53 Mn |
| Mar 31, 2025 | -17.01 Mn |
| Dec 31, 2024 | -42.33 Mn |
| Sep 30, 2024 | -43.49 Mn |
| Jun 30, 2024 | -49.71 Mn |
| Mar 31, 2024 | -71.25 Mn |
| Dec 31, 2023 | -48.78 Mn |
| Sep 30, 2023 | -135.38 Mn |
| Jun 30, 2023 | -92.17 Mn |
| Mar 31, 2023 | -396.38 Mn |
| Dec 31, 2022 | -60.83 Mn |
| Sep 30, 2022 | -69.89 Mn |
| Jun 30, 2022 | -68.64 Mn |
| Mar 31, 2022 | -70.37 Mn |
| Dec 31, 2021 | -47.21 Mn |
| Sep 30, 2021 | -55.83 Mn |
| Jun 30, 2021 | -37.31 Mn |