American Well (AMWL) Revenue (2019 - 2026)
American Well's Revenue was $52.05 million in Q2 2026, down 26.6% from $70.9 million a year earlier and down 5.2% from the prior quarter.
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Analysis
American Well (AMWL) Revenue (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, American Well's Revenue was $218.53 million through Jun 30, 2026, down 19.0% year-over-year; for FY2025, it was $249.33 million, down 2.0% from FY2024.
- Revenue has now declined for three consecutive years, though with a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- In earlier years, Revenue was $254.36 million in FY2024 (-1.8%), $259.05 million in FY2023 (-6.5%), $277.19 million in FY2022 (+9.7%) and $252.79 million in FY2021 (+3.1%).
- The Q2 2026 figure marks the lowest quarterly Revenue since Q4 2019.
- Compared with a year earlier, Revenue has declined for four straight quarters, with an average decline of 6.3% over the last eight quarters.
- The best year-over-year quarter for Revenue over five years was Q4 2021 (growth of 20.4%); the worst was Q2 2026 (a decline of 26.6%).
- Per Business Quant data, AMWL's Revenue in the three quarters before Q2 2026 was $54.88 million (Q1 2026), $55.31 million (Q4 2025) and $56.29 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 927.96 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 508.44 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 1.91 Bn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 600.05 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 972.00 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 298.45 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 297.79 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 925.00 Mn |
| 10 | American Well | 228.49 Mn | -516.79 Mn | 27.56 Mn | 52.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.05 Mn |
| Mar 31, 2026 | 54.88 Mn |
| Dec 31, 2025 | 55.31 Mn |
| Sep 30, 2025 | 56.29 Mn |
| Jun 30, 2025 | 70.90 Mn |
| Mar 31, 2025 | 66.83 Mn |
| Dec 31, 2024 | 71.01 Mn |
| Sep 30, 2024 | 61.05 Mn |
| Jun 30, 2024 | 62.79 Mn |
| Mar 31, 2024 | 59.52 Mn |
| Dec 31, 2023 | 70.68 Mn |
| Sep 30, 2023 | 61.92 Mn |
| Jun 30, 2023 | 62.45 Mn |
| Mar 31, 2023 | 64.00 Mn |
| Dec 31, 2022 | 79.23 Mn |
| Sep 30, 2022 | 69.21 Mn |
| Jun 30, 2022 | 64.52 Mn |
| Mar 31, 2022 | 64.23 Mn |
| Dec 31, 2021 | 72.75 Mn |
| Sep 30, 2021 | 62.22 Mn |
API Access
American Well Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=AMWL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "AMWL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=AMWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();