American Well (AMWL) Tax Rate (2019 - 2026)
American Well (AMWL) posted quarterly Tax Rate of 2.15% for Q1 2026, up 119.0% year-over-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.
- In Q1 2026, Tax Rate rose 119.0% year-over-year to 2.15%; the TTM figure through Mar 2026 stood at 23.52% (up 2486.0% YoY), while the FY2025 annual figure was 21.38%, up 2271.0% from the prior year.
- Tax Rate for Q1 2026 stood at 2.15%, down from 81.69% in the prior quarter.
- The five-year high for Tax Rate was 81.69% in Q4 2025, with the low at 3.96% in Q3 2025.
- The 5-year median for Tax Rate is 0.67% (2022), against an average of 3.95%.
- The sharpest annual moves came in 2022 and 2025: Tax Rate plunged 990 bps in 2022, then soared 8530 bps in 2025.
- American Well's Tax Rate 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 surged by 2363 bps to 81.69% in 2025, then slumped by 103 bps to 2.15% in 2026.
- Business Quant data shows AMWL's Tax Rate at 2.15% in Q1 2026, 81.69% in Q4 2025, and 3.96% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 7.39% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 24.88% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 3.83% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 1.67% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 27.54% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 39.76% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -0.14% |
| 10 | American Well | 210.72 Mn | 27.07 Mn | 27.56 Mn | 5.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.39% |
| Jun 30, 2026 | 5.39% |
| Jun 30, 2026 | 5.39% |
| 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% |