Growth Metrics

American Well (AMWL) Net Margin (2019 - 2026)

American Well has reported Net Margin over the past 7 years, most recently at 0.14% for Q4 2025.

  • For Q4 2025, Net Margin changed N/A year-over-year to 0.14%; the TTM value through Dec 2025 reached 3.46%, up 3197.0%, while the annual FY2025 figure was 3.46%, N/A changed from the prior year.
  • Net Margin for Q4 2025 was 0.14% at American Well, up from 3.55% in the prior quarter.
  • Over five years, Net Margin peaked at 16.03% in Q1 2025 and troughed at 621.64% in Q1 2023.
  • A 5-year average of 114.96% and a median of 78.77% in 2022 define the central range for Net Margin.
  • Biggest five-year swings in Net Margin: crashed -51260bps in 2023 and later soared 49980bps in 2024.
  • Year by year, Net Margin stood at 64.43% in 2021, then dropped by -19bps to 76.57% in 2022, then rose by 9bps to 70.02% in 2023, then plummeted by -74bps to 121.84% in 2024, then soared by 100bps to 0.14% in 2025.
  • Business Quant data shows Net Margin for AMWL at 0.14% in Q4 2025, 3.55% in Q3 2025, and 16.03% in Q1 2025.