American Well (AMWL) Shares Outstanding (2018 - 2026)
American Well (AMWL) recorded Shares Outstanding of 16.76 million in Q2 2026, up 5.5% from 15.89 million a year earlier and up 1.0% from the prior quarter.
American Well (AMWL) Shares Outstanding (2018 - 2026) Analysis & Trends
For FY2025, American Well reported Shares Outstanding of 16.05 million, up 7.0% from FY2024.
- Annual Shares Outstanding has increased for seven straight years, with a five-year compound annual growth rate of 26.5% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 15 million in FY2024 (+5.5%), 14.21 million in FY2023 (+3.6%), 13.71 million in FY2022 (+7.9%) and 12.7 million in FY2021 (+156.5%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding in data going back to Q4 2018.
- On a year-over-year basis, Shares Outstanding has increased for 24 consecutive quarters, with growth averaging 6.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 3.1% (Q3 2023) to 275.6% (Q3 2021).
- Per Business Quant, the preceding three quarters came in at 16.59 million (Q1 2026), 16.05 million (Q4 2025) and 16.21 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 450.00 Mn |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn | 162.34 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn | 584.14 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn | 578.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn | 114.68 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn | 46.70 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn | 233.00 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn | 58.76 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn | 404.10 Mn |
| 10 | American Well | 229.84 Mn | -515.44 Mn | 27.56 Mn | 16.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.76 Mn |
| Mar 31, 2026 | 16.59 Mn |
| Dec 31, 2025 | 16.05 Mn |
| Sep 30, 2025 | 16.21 Mn |
| Jun 30, 2025 | 15.89 Mn |
| Mar 31, 2025 | 15.67 Mn |
| Dec 31, 2024 | 15.00 Mn |
| Sep 30, 2024 | 15.14 Mn |
| Jun 30, 2024 | 14.88 Mn |
| Mar 31, 2024 | 14.59 Mn |
| Dec 31, 2023 | 14.21 Mn |
| Sep 30, 2023 | 14.30 Mn |
| Jun 30, 2023 | 14.15 Mn |
| Mar 31, 2023 | 14.00 Mn |
| Dec 31, 2022 | 13.71 Mn |
| Sep 30, 2022 | 13.87 Mn |
| Jun 30, 2022 | 13.67 Mn |
| Mar 31, 2022 | 13.40 Mn |
| Dec 31, 2021 | 12.70 Mn |
| Sep 30, 2021 | 12.86 Mn |
American Well Shares Outstanding 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=shares-outstanding&ticker=AMWL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=AMWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();