American Well (AMWL) Revenue (2019 - 2026)
American Well's (AMWL) quarterly Revenue came in at $54.9 million in Q1 2026, down 17.88% year-on-year from $66.8 million in Q1 2025, and down 0.77% quarter-over-quarter from $55.3 million in Q4 2025.
American Well (AMWL) Revenue (2019 - 2026) Analysis & Trends
American Well's Revenue history runs 8 years deep, the most recent figure standing at $54.9 million for Q1 2026.
- On a quarterly basis, Revenue fell 17.88% year-over-year to $54.9 million in Q1 2026; TTM through Mar 2026 was $237.4 million, a 9.29% decrease from a year earlier, with the FY2025 full-year figure at $249.3 million, down 1.98% from the prior year.
- Revenue eased to $54.9 million in Q1 2026 per AMWL's latest filing, from $55.3 million in the prior quarter.
- Across five years, Revenue topped out at $79.2 million in Q4 2022 and bottomed at $54.9 million in Q1 2026.
- The 5-year median for Revenue is $64.0 million (2023), against an average of $64.4 million.
- Biggest YoY gain for Revenue was 12.91% in 2025; the steepest drop was 22.11% in 2025.
- Year by year, Revenue stood at $79.2 million in 2022, then declined by 10.8% to $70.7 million in 2023, then advanced by 0.47% to $71.0 million in 2024, then fell by 22.11% to $55.3 million in 2025, then retreated by 0.77% to $54.9 million in 2026.
- Per Business Quant, the three latest AMWL Revenue figures stand at $54.9 million (Q1 2026), $55.3 million (Q4 2025), and $56.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 882.95 Mn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 3.61 Bn |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 354.64 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 150.84 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 182.31 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | 837.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 313.87 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 145.37 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 603.85 Mn |
| 10 | American Well | 180.58 Mn | 13.37 Mn | 27.96 Mn | 54.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 60.22 Mn |