Growth Metrics

American Well (AMWL) Gross Margin (2019 - 2025)

Historic Gross Margin for American Well (AMWL) over the last 7 years, with Q4 2025 value amounting to 51.23%.

  • American Well's Gross Margin rose 28000.0% to 51.23% in Q4 2025 from the same period last year, while for Dec 2025 it was 53.29%, marking a year-over-year increase of 143900.0%. This contributed to the annual value of 53.29% for FY2025, which is 143900.0% up from last year.
  • As of Q4 2025, American Well's Gross Margin stood at 51.23%, which was up 28000.0% from 52.42% recorded in Q3 2025.
  • In the past 5 years, American Well's Gross Margin registered a high of 56.07% during Q2 2025, and its lowest value of 30.86% during Q1 2024.
  • Over the past 5 years, American Well's median Gross Margin value was 41.2% (recorded in 2022), while the average stood at 42.34%.
  • Its Gross Margin has fluctuated over the past 5 years, first tumbled by -86500bps in 2023, then surged by 219000bps in 2025.
  • Over the past 5 years, American Well's Gross Margin (Quarter) stood at 39.94% in 2021, then increased by 6bps to 42.38% in 2022, then decreased by -20bps to 33.74% in 2023, then surged by 44bps to 48.44% in 2024, then rose by 6bps to 51.23% in 2025.
  • Its Gross Margin stands at 51.23% for Q4 2025, versus 52.42% for Q3 2025 and 56.07% for Q2 2025.