American Well (AMWL) EBT Margin (2019 - 2026)
American Well (AMWL) recorded EBT Margin of -19.55% in Q2 2026, up 8.01 percentage points from -27.55% a year earlier but down 1.17 percentage points from the prior quarter.
American Well (AMWL) EBT Margin (2019 - 2026) Analysis & Trends
On a TTM basis, American Well's EBT Margin came in at -35.03% as of Jun 30, 2026, up 10.33 percentage points year-over-year; for FY2025, it came in at -37.24%, up 44.06 percentage points from FY2024.
- Annual EBT Margin has a five-year change of +54.83 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at -81.29% in FY2024 (+178.40 pp), -259.69% in FY2023 (-162.38 pp), -97.31% in FY2022 (-26.49 pp) and -70.82% in FY2021 (+21.24 pp).
- Quarterly EBT Margin has ranged from -619.34% in Q1 2023 to -18.37% in Q1 2026 over the past five years.
- On a year-over-year basis, EBT Margin has increased for 11 consecutive quarters, with an average year-over-year change of +43.47 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 499.64 percentage points in Q1 2024, against a drop of 509.77 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -18.37% (Q1 2026), -46.28% (Q4 2025) and -54.53% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 37.67% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 3.45% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 8.49% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 25.40% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | -45.76% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 15.20% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 22.57% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.00% |
| 10 | American Well | 228.49 Mn | -516.79 Mn | 27.56 Mn | -19.55% |
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% |
American Well EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=AMWL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "AMWL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=AMWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();