American Well (AMWL) EBT (2019 - 2026)
American Well's (AMWL) quarterly EBT came in at -$10.1 million in Q1 2026, up 40.72% year-on-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.
- On a quarterly basis, EBT rose 40.72% year-over-year to -$10.1 million in Q1 2026; TTM through Mar 2026 was -$85.9 million, a 43.68% increase from a year earlier, with the FY2025 full-year figure at -$92.8 million, up 55.1% from the prior year.
- EBT improved to -$10.1 million in Q1 2026 per AMWL's latest filing, from -$25.6 million in the prior quarter.
- Across five years, EBT topped out at -$10.1 million in Q1 2026 and bottomed 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.
- Across the five-year window, EBT sank 463.25% in 2023 and surged 82.03% in 2024, its largest moves.
- Year by year, EBT 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.
- Per Business Quant, the three latest AMWL EBT figures stand at -$10.1 million (Q1 2026), -$25.6 million (Q4 2025), and -$30.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.52 Bn | 24.20 Bn | 662.02 Mn | 347.53 Mn |
| 2 | BrightSpring Health Services | 14.77 Bn | 13.87 Bn | 482.22 Mn | 82.83 Mn |
| 3 | Healthequity | 8.22 Bn | 7.95 Bn | 256.31 Mn | 92.41 Mn |
| 4 | 10x Genomics | 5.97 Bn | 5.43 Bn | 106.18 Mn | -12.85 Mn |
| 5 | Hinge Health | 5.89 Bn | 5.57 Bn | 154.23 Mn | 35.94 Mn |
| 6 | MiniMed | 4.49 Bn | 4.19 Bn | 480.00 Mn | -92.00 Mn |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 59.82 Mn |
| 8 | Doximity | 3.90 Bn | 3.15 Bn | 125.97 Mn | 32.12 Mn |
| 9 | Privia Health | 3.19 Bn | 2.77 Bn | - | 9.31 Mn |
| 10 | American Well | 187.46 Mn | 7.46 Mn | 27.96 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 |