Growth Metrics

American Well (AMWL) EBT Margin (2019 - 2026)

American Well's quarterly EBT Margin came in at 18.37% in Q1 2026, up 708.0% year-on-year from 2.27% in Q1 2025, and up 60.3% quarter-over-quarter from 46.28% in Q4 2025.

American Well has reported EBT Margin for 8 years, with the latest figure at 18.37% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin rose 708.0% year-over-year to 18.37%; the trailing twelve-month figure through Mar 2026 stood at 36.19% (up 2210.0% YoY), and the FY2025 full-year result 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.
  • Average EBT Margin over 5 years is 114.72%, with a median of 76.77% recorded in 2022.
  • Year-over-year, EBT Margin sank 50977 bps in 2023 and soared 49964 bps in 2024.
  • Tracing AMWL's EBT Margin over 5 years: 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 jumped by 60 bps to 18.37% in 2026.
  • The last three EBT Margin figures came in at 18.37% (Q1 2026), 46.28% (Q4 2025), and 54.53% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 37.99%
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 2.29%
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 26.06%
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 19.72%
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 22.10%
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 19.06%
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -8.52%
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 1.54%
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 5.46%
10 American Well 148.98 Mn -18.24 Mn 47.14 Mn -18.37%

Historic Data

Download Data 🔒
DateValue
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%
Jun 30, 2021 -61.96%
Mar 31, 2021 -67.15%
Dec 31, 2020 -81.64%
Sep 30, 2020 -102.37%
Jun 30, 2020 -127.65%
Mar 31, 2020 -46.36%
Dec 31, 2019 -52.19%
Sep 30, 2019 -70.41%