American Well (AMWL) EBT Margin (2019 - 2026)
American Well (AMWL) posted quarterly EBT Margin of 18.37% for Q1 2026, up 708.0% year-over-year from 2.27% in Q1 2025, and up 60.3% quarter-over-quarter from 46.28% in Q4 2025.
American Well (AMWL) EBT Margin (2019 - 2026) Analysis & Trends
American Well's EBT Margin history runs 8 years deep, the most recent figure standing at 18.37% for Q1 2026.
- In Q1 2026, EBT Margin rose 708.0% year-over-year to 18.37%; the TTM figure through Mar 2026 stood at 36.19% (up 2210.0% YoY), while the FY2025 annual figure was 37.24%, up 4406.0% from the prior year.
- EBT Margin for Q1 2026 stood at 18.37%, up from 46.28% 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.
- The 5-year median for EBT Margin is 76.77% (2022), against an average of 114.72%.
- The sharpest annual moves came in 2023 and 2024: EBT Margin plunged 50977 bps in 2023, then soared 49964 bps in 2024.
- American Well's EBT Margin stood at 76.77% in 2022, then gained by 10 bps to 69.02% in 2023, then gained by 14 bps to 59.62% in 2024, then climbed by 22 bps to 46.28% in 2025, then surged by 60 bps to 18.37% in 2026.
- Business Quant data shows AMWL's EBT Margin at 18.37% in Q1 2026, 46.28% in Q4 2025, and 54.53% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 39.36% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.41% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 26.06% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -12.34% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 20.88% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -10.99% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 17.64% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 25.77% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -24.53% |
| 10 | American Well | 210.72 Mn | 27.07 Mn | 27.56 Mn | -19.55% |
Historic Data
Download 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% |