American Well Corp (AMWL) FCF Margin (2019 - 2026)
American Well's FCF Margin came in at 20.58% for Q2 2026, up 27.24 percentage points from -6.66% a year earlier and up 22.38 percentage points from the prior quarter.
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Analysis
American Well Corp (AMWL) FCF Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, American Well reported FCF Margin of -12.09%, up 15.95 percentage points year-over-year; for FY2025, it came in at -26.46%, up 23.65 percentage points from FY2024.
- FCF Margin has increased in each of the last three years, with a five-year change of +20.75 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -50.11% in FY2024 (+7.23 pp), -57.34% in FY2023 (+12.15 pp), -69.49% in FY2022 (-13.28 pp) and -56.21% in FY2021 (-9.00 pp).
- The Q2 2026 figure represents the highest quarterly FCF Margin in data going back to Q4 2019.
- Year-over-year, FCF Margin increased in seven of the last eight quarters, with an average year-over-year change of +26.21 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q1 2025 (a gain of 62.94 percentage points), and the weakest in Q1 2024 (a drop of 54.95 percentage points).
- Business Quant data shows AMWL's FCF Margin at -1.80% (Q1 2026), -31.40% (Q4 2025) and -33.34% (Q3 2025) in the three quarters before Q2 2026.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.58% |
| 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 | -53.02% |
| Jun 30, 2024 | -34.75% |
| Mar 31, 2024 | -100.52% |
| Dec 31, 2023 | -58.96% |
| Sep 30, 2023 | -61.45% |
| Jun 30, 2023 | -63.49% |
| Mar 31, 2023 | -45.57% |
| Dec 31, 2022 | -45.73% |
| 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% |
API Access
American Well Corp FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=AMWL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "AMWL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=AMWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();