American Well (AMWL) Research & Development (2019 - 2026)

American Well has reported Research & Development for 8 years, with the latest figure at $10.4 million in Q2 2026.

• On a quarterly basis, Research & Development fell 43.24% year-over-year to $10.4 million in Q2 2026; TTM through Jun 2026 was $55.3 million, a 29.99% decrease from a year earlier, with the FY2025 full-year figure at $72.9 million, down 15.34% from the prior year.
• Research & Development was $10.4 million for Q2 2026 at American Well, down from $12.4 million in the prior quarter.
• The five-year high for Research & Development was $37.5 million in Q1 2022, with the low at $10.4 million in Q2 2026.
• Average Research & Development over 5 years is $23.7 million, with a median of $24.0 million recorded in 2023.
• The sharpest annual moves came in 2022 and 2026: Research & Development soared 65.64% in 2022, then sank 43.99% in 2026.
• Over 5 years, Research & Development stood at $27.7 million in 2022, then slipped by 4.83% to $26.3 million in 2023, then declined by 28.71% to $18.8 million in 2024, then retreated by 25.78% to $13.9 million in 2025, then retreated by 25.74% to $10.4 million in 2026.
• The last three Research & Development figures came in at $10.4 million (Q2 2026), $12.4 million (Q1 2026), and $13.9 million (Q4 2025), per Business Quant data.