American Well (AMWL) Tax Rate (2019 - 2026)
American Well's (AMWL) quarterly Tax Rate came in at 2.15% in Q1 2026, up 119.0% year-on-year from 0.98% in Q1 2025, and down 102.63% quarter-over-quarter from 81.69% in Q4 2025.
American Well (AMWL) Tax Rate (2019 - 2026) Analysis & Trends
American Well's Tax Rate history runs 8 years deep, the most recent figure standing at 2.15% for Q1 2026.
- On a quarterly basis, Tax Rate rose 119.0% year-over-year to 2.15% in Q1 2026; TTM through Mar 2026 was 23.52%, a 2486.0% increase from a year earlier, with the FY2025 full-year figure at 21.38%, up 2271.0% from the prior year.
- Tax Rate slipped to 2.15% in Q1 2026 per AMWL's latest filing, from 81.69% in the prior quarter.
- Across five years, Tax Rate topped out at 81.69% in Q4 2025 and bottomed at 3.96% in Q3 2025.
- The 5-year median for Tax Rate is 0.67% (2022), against an average of 3.95%.
- Across the five-year window, Tax Rate sank 990 bps in 2022 and soared 8530 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 0.26% in 2022, then sank by 649 bps to 1.45% in 2023, then slumped by 150 bps to 3.61% in 2024, then soared by 2363 bps to 81.69% in 2025, then sank by 103 bps to 2.15% in 2026.
- Per Business Quant, the three latest AMWL Tax Rate figures stand at 2.15% (Q1 2026), 81.69% (Q4 2025), and 3.96% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.78 Bn | 24.46 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 14.61 Bn | 13.71 Bn | 482.22 Mn | 10.32% |
| 3 | Healthequity | 8.33 Bn | 8.06 Bn | 256.31 Mn | 24.88% |
| 4 | Hinge Health | 5.94 Bn | 5.63 Bn | 154.23 Mn | 2.26% |
| 5 | 10x Genomics | 5.84 Bn | 5.30 Bn | 106.18 Mn | -4.85% |
| 6 | MiniMed | 4.52 Bn | 4.22 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.46 Bn | 4.40 Bn | 216.84 Mn | 27.64% |
| 8 | Doximity | 3.94 Bn | 3.19 Bn | 125.97 Mn | 40.49% |
| 9 | Privia Health | 3.15 Bn | 2.73 Bn | - | 60.15% |
| 10 | American Well | 183.95 Mn | 3.95 Mn | 27.96 Mn | -2.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.15% |
| Mar 31, 2026 | -2.15% |
| Mar 31, 2026 | -2.15% |
| Dec 31, 2025 | 81.69% |
| Dec 31, 2025 | 81.69% |
| Dec 31, 2025 | 81.69% |
| Sep 30, 2025 | -3.96% |
| Sep 30, 2025 | -3.96% |
| Sep 30, 2025 | -3.96% |
| Jun 30, 2025 | 3.71% |
| Jun 30, 2025 | 3.71% |
| Jun 30, 2025 | 3.71% |
| Mar 31, 2025 | -3.34% |
| Mar 31, 2025 | -3.34% |
| Mar 31, 2025 | -3.34% |
| Dec 31, 2024 | -3.61% |
| Dec 31, 2024 | -3.61% |
| Dec 31, 2024 | -3.61% |
| Sep 30, 2024 | 0.34% |
| Sep 30, 2024 | 0.34% |