American Well (AMWL) Tax Rate (2019 - 2026)
American Well's 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 25.48% quarter-over-quarter from 1.71% in Q4 2025.
American Well has reported Tax Rate for 8 years, with the latest figure at 2.15% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 119.0% year-over-year to 2.15%; the trailing twelve-month figure through Mar 2026 stood at 1.34% (changed 0.0% YoY), and the FY2025 full-year result was 1.61%, down 28.0% from the prior year.
- Tax Rate for Q1 2026 stood at 2.15%, down from 1.71% in the prior quarter.
- The five-year high for Tax Rate was 3.71% in Q2 2025, with the low at 3.96% in Q3 2025.
- Average Tax Rate over 5 years is 0.95%, with a median of 0.78% recorded in 2023.
- Year-over-year, Tax Rate sank 990 bps in 2022 and surged 391 bps in 2025.
- Tracing AMWL's Tax Rate over 5 years: stood at 0.26% in 2022, then slumped by 649 bps to 1.45% in 2023, then tumbled by 150 bps to 3.61% in 2024, then jumped by 52 bps to 1.71% in 2025, then declined 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 | 30.85 Bn | 24.28 Bn | 622.47 Mn | 23.09 |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 10.32 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 24.88 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 2.26 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 40.49 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 27.58 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.85 |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 60.15 |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 32.53 |
| 10 | American Well | 148.98 Mn | -18.24 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 |
| Sep 30, 2023 | -0.83 |
| Sep 30, 2023 | -0.83 |
| Jun 30, 2023 | -0.78 |
| Jun 30, 2023 | -0.78 |
| Mar 31, 2023 | -0.37 |
| Mar 31, 2023 | -0.37 |
| Dec 31, 2022 | 0.26 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | -0.14 |
| Sep 30, 2022 | -0.14 |
| Jun 30, 2022 | -0.67 |
| Jun 30, 2022 | -0.67 |
| Mar 31, 2022 | 0.47 |
| Mar 31, 2022 | 0.47 |
| Dec 31, 2021 | 0.71 |
| Dec 31, 2021 | 0.71 |
| Sep 30, 2021 | 9.77 |
| Sep 30, 2021 | 9.77 |
| Jun 30, 2021 | -0.28 |
| Jun 30, 2021 | -0.28 |
| Mar 31, 2021 | -0.80 |
| Mar 31, 2021 | -0.80 |
| Dec 31, 2020 | 1.77 |
| Dec 31, 2020 | 1.77 |
| Sep 30, 2020 | -0.12 |
| Sep 30, 2020 | -0.12 |
| Jun 30, 2020 | -0.29 |
| Jun 30, 2020 | -0.29 |
| Dec 31, 2019 | 3.32 |
| Dec 31, 2019 | 3.32 |
| Sep 30, 2019 | 1.60 |
| Sep 30, 2019 | 1.60 |