American Well (AMWL) FCF Margin (2019 - 2026)
American Well (AMWL) posted quarterly FCF Margin of 1.8% for Q1 2026, up 3578.0% year-over-year from 0.05% in Q1 2025, and up 94.27% quarter-over-quarter from 31.4% in Q4 2025.
American Well (AMWL) FCF Margin (2019 - 2026) Analysis & Trends
American Well's FCF Margin history runs 8 years deep, the most recent figure standing at 1.8% for Q1 2026.
- In Q1 2026, FCF Margin rose 3578.0% year-over-year to 1.8%; the TTM figure through Mar 2026 stood at 17.63% (up 1781.0% YoY), while the FY2025 annual figure was 26.46%, up 2365.0% from the prior year.
- FCF Margin for Q1 2026 stood at 1.8%, up from 31.4% in the prior quarter.
- The five-year high for FCF Margin was 1.8% in Q1 2026, with the low at 100.52% in Q1 2024.
- The 5-year median for FCF Margin is 47.28% (2024), against an average of 49.71%.
- The sharpest annual moves came in 2024 and 2025: FCF Margin sank 4443 bps in 2024, then jumped 6294 bps in 2025.
- American Well's FCF Margin stood at 58.18% in 2022, then surged by 32 bps to 39.52% in 2023, then soared by 52 bps to 18.93% in 2024, then tumbled by 66 bps to 31.4% in 2025, then soared by 94 bps to 1.8% in 2026.
- Business Quant data shows AMWL's FCF Margin at 1.8% in Q1 2026, 31.4% in Q4 2025, and 33.34% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 127.46% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 0.38% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 23.01% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 10.19% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 46.84% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -27.00% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 13.54% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 25.33% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | American Well | 210.72 Mn | 27.07 Mn | 27.56 Mn | 15.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.12% |
| Mar 31, 2026 | -1.80% |
| Dec 31, 2025 | -31.40% |
| Sep 30, 2025 | -33.34% |
| Jun 30, 2025 | -6.66% |
| Mar 31, 2025 | -37.58% |
| Dec 31, 2024 | -18.93% |
| Sep 30, 2024 | -40.13% |
| Jun 30, 2024 | -47.28% |
| Mar 31, 2024 | -100.52% |
| Dec 31, 2023 | -39.52% |
| Sep 30, 2023 | -61.35% |
| Jun 30, 2023 | -74.80% |
| Mar 31, 2023 | -56.09% |
| Dec 31, 2022 | -58.18% |
| Sep 30, 2022 | -73.58% |
| Jun 30, 2022 | -66.96% |
| Mar 31, 2022 | -96.93% |
| Dec 31, 2021 | -62.21% |
| Sep 30, 2021 | -46.87% |