American Well (AMWL) EBT Margin (2019 - 2025)
American Well has reported EBT Margin over the past 7 years, most recently at 46.28% for Q4 2025.
- Quarterly results put EBT Margin at 46.28% for Q4 2025, up 1333.0% from a year ago — trailing twelve months through Dec 2025 was 37.24% (up 4406.0% YoY), and the annual figure for FY2025 was 37.24%, up 4406.0%.
- EBT Margin for Q4 2025 was 46.28% at American Well, up from 54.53% in the prior quarter.
- Over the last five years, EBT Margin for AMWL hit a ceiling of 25.45% in Q1 2025 and a floor of 619.34% in Q1 2023.
- Median EBT Margin over the past 5 years was 74.01% (2022), compared with a mean of 110.78%.
- Biggest five-year swings in EBT Margin: plummeted -50977bps in 2023 and later soared 49964bps in 2024.
- American Well's EBT Margin stood at 64.89% in 2021, then dropped by -18bps to 76.77% in 2022, then rose by 10bps to 69.02% in 2023, then rose by 14bps to 59.62% in 2024, then increased by 22bps to 46.28% in 2025.
- The last three reported values for EBT Margin were 46.28% (Q4 2025), 54.53% (Q3 2025), and 27.55% (Q2 2025) per Business Quant data.