American Well (AMWL) Revenue (2019 - 2026)
American Well (AMWL) recorded quarterly Revenue of $54.9 million in Q1 2026, down 0.77% quarter-over-quarter from $55.3 million in Q4 2025, and down 17.88% on a YoY basis from $66.8 million in Q1 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.
- In Q1 2026, Revenue fell 17.88% year-over-year to $54.9 million; the TTM figure through Mar 2026 stood at $237.4 million (down 9.29% YoY), while the FY2025 annual figure was $249.3 million, down 1.98% from the prior year.
- Revenue was $54.9 million for Q1 2026 at American Well, down from $55.3 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $79.2 million in Q4 2022 to a low of $54.9 million in Q1 2026.
- Historically, Revenue has averaged $64.4 million across 5 years, with a median of $64.0 million in 2023.
- Biggest YoY gain for Revenue was 12.91% in 2025; the steepest drop was 22.11% in 2025.
- A 5-year view of Revenue shows it 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.
- The last three Revenue figures came in at $54.9 million (Q1 2026), $55.3 million (Q4 2025), and $56.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 882.95 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 3.61 Bn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 354.64 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 182.31 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 150.84 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 145.37 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 313.87 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 603.85 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 309.88 Mn |
| 10 | American Well | 144.99 Mn | -22.22 Mn | 47.14 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 |