American Well (AMWL) EBT Margin (2019 - 2026)
American Well (AMWL) posted EBT Margin of 19.55% for Q2 2026, down 6.38% on a QoQ basis from 18.37% in Q1 2026, and up 801.0% year-over-year from 2.17% in Q2 2025.
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American Well (AMWL) EBT Margin (2019 - 2026) Analysis & Trends
American Well has reported EBT Margin for 8 years, with the latest figure at 19.55% in Q2 2026.
- On a quarterly basis, EBT Margin rose 801.0% year-over-year to 19.55% in Q2 2026; TTM through Jun 2026 was 35.03%, a 1033.0% increase from a year earlier, with the FY2025 full-year figure at 37.24%, up 4406.0% from the prior year.
- EBT Margin was 19.55% for Q2 2026 at American Well, down from 18.37% in the prior quarter.
- The five-year high for EBT Margin was 18.37% in Q1 2026, with the low at 619.34% in Q1 2023.
- Average EBT Margin over 5 years is 109.43%, with a median of 74.01% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: EBT Margin plunged 50977 bps in 2023, then surged 49964 bps in 2024.
- Over 5 years, EBT Margin stood at 76.77% in 2022, then climbed by 10 bps to 69.02% in 2023, then climbed by 14 bps to 59.62% in 2024, then increased by 22 bps to 46.28% in 2025, then soared by 58 bps to 19.55% in 2026.
- The last three EBT Margin figures came in at 19.55% (Q2 2026), 18.37% (Q1 2026), and 46.28% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 37.67% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 17.64% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 25.77% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 10.70% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 7.36% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 12.48% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | -6.85% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 7.72% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 10.39% |
| 10 | American Well | 219.35 Mn | 35.70 Mn | 27.56 Mn | -19.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.55% |
| Mar 31, 2026 | -18.37% |
| Dec 31, 2025 | -46.28% |
| Sep 30, 2025 | -54.53% |
| Jun 30, 2025 | -27.55% |
| Mar 31, 2025 | -25.45% |
| Dec 31, 2024 | -59.62% |
| Sep 30, 2024 | -71.24% |
| Jun 30, 2024 | -79.17% |
| Mar 31, 2024 | -119.70% |
| Dec 31, 2023 | -69.02% |
| Sep 30, 2023 | -218.63% |
| Jun 30, 2023 | -147.60% |
| Mar 31, 2023 | -619.34% |
| Dec 31, 2022 | -76.77% |
| Sep 30, 2022 | -100.98% |
| Jun 30, 2022 | -106.39% |
| Mar 31, 2022 | -109.56% |
| Dec 31, 2021 | -64.89% |
| Sep 30, 2021 | -89.73% |