American Well AMWL
NYSE AMWL
$12.96 -0.23 (-1.74%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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