American Well (AMWL) Tax Rate (2019 - 2026)
American Well (AMWL) recorded quarterly Tax Rate of 2.15% in Q1 2026, down 25.48% quarter-over-quarter from 1.71% in Q4 2025, and up 119.0% on a YoY basis from 0.98% in Q1 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.
- In Q1 2026, Tax Rate rose 119.0% year-over-year to 2.15%; the TTM figure through Mar 2026 stood at 1.34% (changed 0.0% YoY), while the FY2025 annual figure was 1.61%, down 28.0% from the prior year.
- Tax Rate was 2.15% for Q1 2026 at American Well, down from 1.71% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 3.71% in Q2 2025 to a low of 3.96% in Q3 2025.
- Historically, Tax Rate has averaged 0.95% across 5 years, with a median of 0.78% in 2023.
- The sharpest annual moves came in 2022 and 2025: Tax Rate sank 990 bps in 2022, then soared 391 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 0.26% in 2022, then tumbled by 649 bps to 1.45% in 2023, then plunged by 150 bps to 3.61% in 2024, then soared by 52 bps to 1.71% in 2025, then dropped by 25 bps to 2.15% in 2026.
- The last three Tax Rate figures came in at 2.15% (Q1 2026), 1.71% (Q4 2025), and 3.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 24.92 |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 10.32 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 24.88 |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 2.26 |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -4.85 |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 40.49 |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 27.58 |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 60.15 |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 32.53 |
| 10 | American Well | 144.99 Mn | -22.22 Mn | 47.14 Mn | -2.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.15% |
| Mar 31, 2026 | -2.15% |
| Dec 31, 2025 | -1.71% |
| Dec 31, 2025 | -1.71% |
| Sep 30, 2025 | -3.96% |
| Sep 30, 2025 | -3.96% |
| Jun 30, 2025 | 3.71% |
| Jun 30, 2025 | 3.71% |
| Mar 31, 2025 | -3.34% |
| Mar 31, 2025 | -3.34% |
| Dec 31, 2024 | -3.61% |
| Dec 31, 2024 | -3.61% |
| Sep 30, 2024 | 0.34% |
| Sep 30, 2024 | 0.34% |
| Jun 30, 2024 | -0.20% |
| Jun 30, 2024 | -0.20% |
| Mar 31, 2024 | -1.79% |
| Mar 31, 2024 | -1.79% |
| Dec 31, 2023 | -1.45% |
| Dec 31, 2023 | -1.45% |