American Well (AMWL) Invested Capital (2018 - 2026)
American Well's quarterly Invested Capital came in at $227.3 million in Q1 2026, down 25.65% year-on-year from $305.8 million in Q1 2025, and down 3.5% quarter-over-quarter from $235.6 million in Q4 2025.
American Well has reported Invested Capital for 9 years, with the latest figure at $227.3 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 25.65% year-over-year to $227.3 million; the trailing twelve-month figure through Mar 2026 stood at $227.3 million (down 25.65% YoY), and the FY2025 full-year result was $235.6 million, down 25.51% from the prior year.
- Invested Capital for Q1 2026 stood at $227.3 million, down from $235.6 million in the prior quarter.
- The five-year high for Invested Capital was $1.2 billion in Q1 2022, with the low at $227.3 million in Q1 2026.
- Average Invested Capital over 5 years is $572.2 million, with a median of $423.4 million recorded in 2024.
- Year-over-year, Invested Capital grew 0.6% in 2022 and sank 55.7% in 2023.
- Tracing AMWL's Invested Capital over 5 years: stood at $1.1 billion in 2022, then slumped by 55.7% to $480.2 million in 2023, then slumped by 34.14% to $316.2 million in 2024, then decreased by 25.51% to $235.6 million in 2025, then dropped by 3.5% to $227.3 million in 2026.
- The last three Invested Capital figures came in at $227.3 million (Q1 2026), $235.6 million (Q4 2025), and $267.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 7.21 Bn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.03 Bn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 2.99 Bn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 111.69 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 950.84 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 3.95 Bn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 814.32 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 753.06 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 1.26 Bn |
| 10 | American Well | 148.98 Mn | -18.24 Mn | 47.14 Mn | 227.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 227.33 Mn |
| Dec 31, 2025 | 235.58 Mn |
| Sep 30, 2025 | 267.36 Mn |
| Jun 30, 2025 | 294.57 Mn |
| Mar 31, 2025 | 305.77 Mn |
| Dec 31, 2024 | 316.24 Mn |
| Sep 30, 2024 | 350.05 Mn |
| Jun 30, 2024 | 377.87 Mn |
| Mar 31, 2024 | 423.36 Mn |
| Dec 31, 2023 | 480.19 Mn |
| Sep 30, 2023 | 519.70 Mn |
| Jun 30, 2023 | 643.69 Mn |
| Mar 31, 2023 | 714.28 Mn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 1.10 Bn |
| Jun 30, 2022 | 1.16 Bn |
| Mar 31, 2022 | 1.22 Bn |
| Dec 31, 2021 | 1.26 Bn |
| Sep 30, 2021 | 1.31 Bn |
| Jun 30, 2021 | 1.19 Bn |
| Mar 31, 2021 | 1.22 Bn |
| Dec 31, 2020 | 1.25 Bn |
| Sep 30, 2020 | 1.30 Bn |
| Jun 30, 2020 | -320.15 Mn |
| Mar 31, 2020 | -301.76 Mn |
| Dec 31, 2019 | -280.86 Mn |
| Sep 30, 2019 | -262.05 Mn |
| Dec 31, 2018 | -204.41 Mn |