American Well (AMWL) FCF Margin (2019 - 2026)
American Well (AMWL) posted FCF Margin of 15.12% for Q2 2026, up 320.42% on a QoQ basis from 6.86% in Q1 2026, and up 2178.0% year-over-year from 0.66% in Q2 2025.
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American Well (AMWL) FCF Margin (2019 - 2026) Analysis & Trends
American Well has reported FCF Margin for 8 years, with the latest figure at 15.12% in Q2 2026.
- On a quarterly basis, FCF Margin rose 2178.0% year-over-year to 15.12% in Q2 2026; TTM through Jun 2026 was 14.66%, a 1602.0% increase from a year earlier, with the FY2025 full-year figure at 26.46%, up 2954.0% from the prior year.
- FCF Margin was 15.12% for Q2 2026 at American Well, up from 6.86% in the prior quarter.
- The five-year high for FCF Margin was 15.12% in Q2 2026, with the low at 105.13% in Q1 2024.
- Average FCF Margin over 5 years is 48.9%, with a median of 57.14% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: FCF Margin plunged 4904 bps in 2024, then soared 6755 bps in 2025.
- Over 5 years, FCF Margin stood at 58.18% in 2022, then slipped by 4 bps to 60.55% in 2023, then soared by 63 bps to 22.32% in 2024, then sank by 41 bps to 31.4% in 2025, then surged by 148 bps to 15.12% in 2026.
- The last three FCF Margin figures came in at 15.12% (Q2 2026), 6.86% (Q1 2026), and 31.4% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 24.86% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 13.54% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 25.33% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 28.83% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 13.26% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | -58.47% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 3.18% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 33.32% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 7.05% |
| 10 | American Well | 219.35 Mn | 35.70 Mn | 27.56 Mn | 15.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.12% |
| Mar 31, 2026 | -6.86% |
| Dec 31, 2025 | -31.40% |
| Sep 30, 2025 | -33.34% |
| Jun 30, 2025 | -6.66% |
| Mar 31, 2025 | -37.58% |
| Dec 31, 2024 | -22.32% |
| Sep 30, 2024 | -60.73% |
| Jun 30, 2024 | -42.92% |
| Mar 31, 2024 | -105.13% |
| Dec 31, 2023 | -60.55% |
| 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 | -62.09% |
| Sep 30, 2021 | -47.01% |