American Well (AMWL) Free Cash Flow (2019 - 2026)
American Well (AMWL) posted Free Cash Flow of $7.9 million for Q2 2026, up 309.03% on a QoQ basis from -$3.8 million in Q1 2026, and up 266.55% year-over-year from $2.1 million in Q2 2025.
Analysis
American Well (AMWL) Free Cash Flow (2019 - 2026) Analysis & Trends
American Well has reported Free Cash Flow for 8 years, with the latest figure at $7.9 million in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 266.55% year-over-year to $7.9 million in Q2 2026; TTM through Jun 2026 was -$32.0 million, a 61.3% increase from a year earlier, with the FY2025 full-year figure at -$66.0 million, up 53.68% from the prior year.
- Free Cash Flow was $7.9 million for Q2 2026 at American Well, up from -$3.8 million in the prior quarter.
- The five-year high for Free Cash Flow was $7.9 million in Q2 2026, with the low at -$62.6 million in Q1 2024.
- Average Free Cash Flow over 5 years is -$31.7 million, with a median of -$36.5 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Free Cash Flow tumbled 74.31% in 2024, then surged 266.55% in 2026.
- Over 5 years, Free Cash Flow stood at -$46.1 million in 2022, then advanced by 7.17% to -$42.8 million in 2023, then soared by 62.97% to -$15.8 million in 2024, then retreated by 9.58% to -$17.4 million in 2025, then jumped by 145.3% to $7.9 million in 2026.
- The last three Free Cash Flow figures came in at $7.9 million (Q2 2026), -$3.8 million (Q1 2026), and -$17.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 230.69 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 43.30 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 39.67 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 82.45 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 20.15 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | -34.43 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 2.97 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 66.79 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 5.91 Mn |
| 10 | American Well | 219.35 Mn | 35.70 Mn | 27.56 Mn | 7.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.87 Mn |
| Mar 31, 2026 | -3.76 Mn |
| Dec 31, 2025 | -17.37 Mn |
| Sep 30, 2025 | -18.77 Mn |
| Jun 30, 2025 | -4.72 Mn |
| Mar 31, 2025 | -25.12 Mn |
| Dec 31, 2024 | -15.85 Mn |
| Sep 30, 2024 | -37.07 Mn |
| Jun 30, 2024 | -26.95 Mn |
| Mar 31, 2024 | -62.57 Mn |
| Dec 31, 2023 | -42.80 Mn |
| Sep 30, 2023 | -37.99 Mn |
| Jun 30, 2023 | -46.71 Mn |
| Mar 31, 2023 | -35.90 Mn |
| Dec 31, 2022 | -46.10 Mn |
| Sep 30, 2022 | -50.92 Mn |
| Jun 30, 2022 | -43.20 Mn |
| Mar 31, 2022 | -62.26 Mn |
| Dec 31, 2021 | -45.17 Mn |
| Sep 30, 2021 | -29.25 Mn |