Growth Metrics

American Well (AMWL) Operating Expenses (2019 - 2025)

Historic Operating Expenses for American Well (AMWL) over the last 7 years, with Q4 2025 value amounting to $80.5 million.

  • American Well's Operating Expenses fell 2927.34% to $80.5 million in Q4 2025 from the same period last year, while for Dec 2025 it was $354.6 million, marking a year-over-year decrease of 2485.69%. This contributed to the annual value of $354.6 million for FY2025, which is 2485.69% down from last year.
  • Per American Well's latest filing, its Operating Expenses stood at $80.5 million for Q4 2025, which was down 2927.34% from $85.6 million recorded in Q3 2025.
  • In the past 5 years, American Well's Operating Expenses registered a high of $461.3 million during Q1 2023, and its lowest value of $80.5 million during Q4 2025.
  • In the last 5 years, American Well's Operating Expenses had a median value of $118.9 million in 2021 and averaged $138.1 million.
  • Per our database at Business Quant, American Well's Operating Expenses skyrocketed by 24244.62% in 2023 and then tumbled by 7083.3% in 2024.
  • Over the past 5 years, American Well's Operating Expenses (Quarter) stood at $120.2 million in 2021, then rose by 19.89% to $144.1 million in 2022, then dropped by 11.41% to $127.6 million in 2023, then decreased by 10.87% to $113.8 million in 2024, then fell by 29.27% to $80.5 million in 2025.
  • Its last three reported values are $80.5 million in Q4 2025, $85.6 million for Q3 2025, and $91.3 million during Q2 2025.