American Well (AMWL) Intangibles (2019 - 2026)
American Well (AMWL) reported Intangibles of $56.95 million for Q2 2026, down 32.2% from $84.03 million a year earlier and down 6.8% from the prior quarter.
American Well (AMWL) Intangibles (2019 - 2026) Analysis & Trends
At the end of FY2025, American Well posted Intangibles of $66.07 million, down 34.9% from FY2024.
- Intangibles has declined for four consecutive years, though with a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- By year, Intangibles came in at $101.54 million in FY2024 (-15.6%), $120.25 million in FY2023 (-10.9%), $134.98 million in FY2022 (-11.4%) and $152.41 million in FY2021 (+174.5%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q2 2021.
- Year over year, Intangibles has now declined in each of the last 16 quarters, with an average decline of 25.7% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q3 2021 (growth of 177.1%); the low point was Q4 2025 (a decline of 34.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $61.09 million (Q1 2026), $66.07 million (Q4 2025) and $74.56 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn | 55.65 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn | - |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn | 11.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn | 765.80 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn | 27.60 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn | 850.40 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn | - |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn | 1.67 Bn |
| 10 | American Well | 229.84 Mn | -515.44 Mn | 27.56 Mn | 56.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.95 Mn |
| Mar 31, 2026 | 61.09 Mn |
| Dec 31, 2025 | 66.07 Mn |
| Sep 30, 2025 | 74.56 Mn |
| Jun 30, 2025 | 84.03 Mn |
| Mar 31, 2025 | 90.79 Mn |
| Dec 31, 2024 | 101.54 Mn |
| Sep 30, 2024 | 108.88 Mn |
| Jun 30, 2024 | 111.22 Mn |
| Mar 31, 2024 | 114.34 Mn |
| Dec 31, 2023 | 120.25 Mn |
| Sep 30, 2023 | 125.89 Mn |
| Jun 30, 2023 | 134.95 Mn |
| Mar 31, 2023 | 135.40 Mn |
| Dec 31, 2022 | 134.98 Mn |
| Sep 30, 2022 | 127.29 Mn |
| Jun 30, 2022 | 136.43 Mn |
| Mar 31, 2022 | 145.35 Mn |
| Dec 31, 2021 | 152.41 Mn |
| Sep 30, 2021 | 159.93 Mn |
American Well Intangibles 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=intangibles&ticker=AMWL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=AMWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();