American Well (AMWL) Operating Income (2019 - 2026)

American Well's Operating Income history runs 8 years deep, the most recent figure standing at -$17.4 million for Q1 2026.

• On a quarterly basis, Operating Income rose 42.7% year-over-year to -$17.4 million in Q1 2026; TTM through Mar 2026 was -$92.3 million, a 46.63% increase from a year earlier, with the FY2025 full-year figure at -$105.3 million, up 51.61% from the prior year.
• Operating Income climbed to -$17.4 million in Q1 2026 per AMWL's latest filing, from -$25.2 million in the prior quarter.
• Across five years, Operating Income topped out at -$17.4 million in Q1 2026 and bottomed at -$397.3 million in Q1 2023.
• The 5-year median for Operating Income is -$57.0 million (2023), against an average of -$77.0 million.
• Across the five-year window, Operating Income sank 463.72% in 2023 and jumped 81.12% in 2024, its largest moves.
• Year by year, Operating Income stood at -$64.8 million in 2022, then gained by 12.16% to -$57.0 million in 2023, then climbed by 24.93% to -$42.8 million in 2024, then soared by 41.17% to -$25.2 million in 2025, then jumped by 30.73% to -$17.4 million in 2026.
• Per Business Quant, the three latest AMWL Operating Income figures stand at -$17.4 million (Q1 2026), -$25.2 million (Q4 2025), and -$29.3 million (Q3 2025).