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
DateValue
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%