American Well (AMWL) EBT (2019 - 2026)

American Well (AMWL) posted quarterly EBT of -$10.1 million for Q1 2026, up 40.72% year-over-year from -$7.2 million in Q1 2025, and up 60.61% quarter-over-quarter from -$25.6 million in Q4 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 for Q1 2026 stood at -$10.1 million, up from -$25.6 million in the prior quarter.
  • The five-year high for EBT was -$10.1 million in Q1 2026, with the low at -$396.4 million in Q1 2023.
  • The 5-year median for EBT is -$49.7 million (2024), against an average of -$73.7 million.
  • The sharpest annual moves came in 2023 and 2024: EBT plunged 463.25% in 2023, then surged 82.03% in 2024.
  • American Well's EBT stood at -$60.8 million in 2022, then increased by 19.8% to -$48.8 million in 2023, then rose by 13.22% to -$42.3 million in 2024, then soared by 39.53% to -$25.6 million in 2025, then surged by 60.61% to -$10.1 million in 2026.
  • Business Quant data shows AMWL's EBT at -$10.1 million in Q1 2026, -$25.6 million in Q4 2025, and -$30.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 347.53 Mn
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 93.51 Mn
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 92.41 Mn
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -18.65 Mn
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 44.43 Mn
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -92.00 Mn
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 56.40 Mn
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 40.36 Mn
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -15.72 Mn
10 American Well 210.72 Mn 27.07 Mn 27.56 Mn -10.17 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -10.17 Mn
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