American Well (AMWL) Tax Rate (2019 - 2026)
American Well (AMWL) posted Tax Rate of 5.39% for Q2 2026, up 350.33% on a QoQ basis from 2.15% in Q1 2026, and up 168.0% year-over-year from 2.01% in Q2 2025.
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Analysis
American Well (AMWL) Tax Rate (2019 - 2026) Analysis & Trends
American Well has reported Tax Rate for 8 years, with the latest figure at 5.39% in Q2 2026.
- On a quarterly basis, Tax Rate rose 168.0% year-over-year to 5.39% in Q2 2026; TTM through Jun 2026 was 26.16%, a 2736.0% increase from a year earlier, with the FY2025 full-year figure at 21.38%, up 2284.0% from the prior year.
- Tax Rate was 5.39% for Q2 2026 at American Well, up from 2.15% in the prior quarter.
- The five-year high for Tax Rate was 81.69% in Q4 2025, with the low at 5.02% in Q4 2022.
- Average Tax Rate over 5 years is 3.71%, with a median of 0.72% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Tax Rate plunged 990 bps in 2022, then soared 8589 bps in 2025.
- Over 5 years, Tax Rate stood at 5.02% in 2022, then surged by 71 bps to 1.45% in 2023, then plunged by 191 bps to 4.2% in 2024, then surged by 2044 bps to 81.69% in 2025, then plunged by 93 bps to 5.39% in 2026.
- The last three Tax Rate figures came in at 5.39% (Q2 2026), 2.15% (Q1 2026), and 81.69% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 21.77% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 27.54% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 39.76% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 32.04% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 13.41% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 18.67% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 4.81% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 44.81% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 23.31% |
| 10 | American Well | 219.35 Mn | 35.70 Mn | 27.56 Mn | 5.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.39% |
| Mar 31, 2026 | -2.15% |
| Dec 31, 2025 | 81.69% |
| Sep 30, 2025 | -3.96% |
| Jun 30, 2025 | 3.71% |
| Mar 31, 2025 | -3.34% |
| Dec 31, 2024 | -4.20% |
| Sep 30, 2024 | 0.34% |
| Jun 30, 2024 | -0.20% |
| Mar 31, 2024 | -1.79% |
| Dec 31, 2023 | -1.45% |
| Sep 30, 2023 | -0.83% |
| Jun 30, 2023 | -0.78% |
| Mar 31, 2023 | -0.37% |
| Dec 31, 2022 | -5.02% |
| Sep 30, 2022 | -0.14% |
| Jun 30, 2022 | -0.67% |
| Mar 31, 2022 | 0.47% |
| Dec 31, 2021 | 0.71% |
| Sep 30, 2021 | 9.77% |