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
DateValue
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