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

Historic Operating Margin for American Well (AMWL) over the last 7 years, with Q4 2025 value amounting to 45.48%.

  • American Well's Operating Margin rose 147400.0% to 45.48% in Q4 2025 from the same period last year, while for Dec 2025 it was 42.22%, marking a year-over-year increase of 433000.0%. This contributed to the annual value of 42.22% for FY2025, which is 433000.0% up from last year.
  • As of Q4 2025, American Well's Operating Margin stood at 45.48%, which was up 147400.0% from 52.11% recorded in Q3 2025.
  • American Well's Operating Margin's 5-year high stood at 28.74% during Q2 2025, with a 5-year trough of 620.81% in Q1 2023.
  • Its 5-year average for Operating Margin is 114.46%, with a median of 81.21% in 2022.
  • Per our database at Business Quant, American Well's Operating Margin tumbled by -5110800bps in 2023 and then surged by 4947500bps in 2024.
  • American Well's Operating Margin (Quarter) stood at 65.19% in 2021, then decreased by -26bps to 81.84% in 2022, then rose by 2bps to 80.58% in 2023, then increased by 25bps to 60.21% in 2024, then rose by 24bps to 45.48% in 2025.
  • Its Operating Margin stands at 45.48% for Q4 2025, versus 52.11% for Q3 2025 and 28.74% for Q2 2025.