Growth Metrics

American Well (AMWL) EBT (2019 - 2025)

American Well has reported EBT over the past 7 years, most recently at -$25.6 million for Q4 2025.

  • Quarterly results put EBT at -$25.6 million for Q4 2025, up 39.53% from a year ago — trailing twelve months through Dec 2025 was -$92.8 million (up 55.1% YoY), and the annual figure for FY2025 was -$92.8 million, up 55.1%.
  • EBT for Q4 2025 was -$25.6 million at American Well, up from -$30.7 million in the prior quarter.
  • Over the last five years, EBT for AMWL hit a ceiling of -$17.0 million in Q1 2025 and a floor of -$396.4 million in Q1 2023.
  • Median EBT over the past 5 years was -$49.2 million (2023), compared with a mean of -$71.1 million.
  • Biggest five-year swings in EBT: crashed 463.25% in 2023 and later surged 82.03% in 2024.
  • American Well's EBT stood at -$47.2 million in 2021, then dropped by 28.86% to -$60.8 million in 2022, then grew by 19.8% to -$48.8 million in 2023, then increased by 13.22% to -$42.3 million in 2024, then surged by 39.53% to -$25.6 million in 2025.
  • The last three reported values for EBT were -$25.6 million (Q4 2025), -$30.7 million (Q3 2025), and -$19.5 million (Q2 2025) per Business Quant data.