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
DateValue
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