American Well Corporation (AMWL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 55.31M | 56.29M | 70.9M | 66.83M | 71.01M | 61.05M | 62.79M | 59.52M | 70.68M | 61.92M | 62.45M | 64M | 79.23M | 69.21M | 64.52M | 64.23M | 72.75M | 62.22M | 60.22M |
| Revenue Growth % | -100% | -22.11% | -7.8% | 12.91% | 12.28% | 0.47% | -1.41% | 0.55% | -7% | -10.8% | -10.53% | -3.21% | -0.36% | 8.91% | 11.23% | 7.14% | 11.52% | 20.38% | -0.52% | -12.18% |
| Cost of Goods Sold | 26.92M | 26.97M | 26.78M | 31.14M | 31.57M | 36.61M | 38.35M | 39.29M | 41.15M | 46.83M | 40.46M | 38.24M | 38.75M | 45.65M | 41.51M | 36.5M | 36.77M | 43.7M | 35.18M | 33.89M |
| COGS % of Revenue | - | 48.77% | 47.58% | 43.93% | 47.24% | 51.56% | 62.82% | 62.58% | 69.14% | 66.26% | 65.34% | 61.24% | 60.55% | 57.62% | 59.97% | 56.57% | 57.24% | 60.06% | 56.55% | 56.28% |
| Gross Profit | -26.92M | 28.34M | 29.51M | 39.76M | 35.26M | 34.39M | 22.69M | 23.5M | 18.37M | 23.84M | 21.46M | 24.2M | 25.25M | 33.58M | 27.7M | 28.02M | 27.47M | 29.05M | 27.04M | 26.33M |
| Gross Margin % | - | 51.23% | 52.42% | 56.07% | 52.76% | 48.44% | 37.18% | 37.42% | 30.86% | 33.74% | 34.66% | 38.76% | 39.45% | 42.38% | 40.03% | 43.43% | 42.76% | 39.94% | 43.45% | 43.72% |
| Gross Profit Growth % | -176.35% | -17.61% | 30.02% | 69.2% | 91.95% | 44.25% | 5.73% | -2.92% | -27.25% | -29% | -22.51% | -13.62% | -8.08% | 15.58% | 2.45% | 6.42% | 25.45% | 28.49% | 32.32% | 6.41% |
| Operating Expenses | 45.39M | 53.49M | 58.84M | 60.13M | 65.67M | 77.15M | 70.06M | 75.87M | 93.4M | 80.8M | 164.82M | 118.71M | 422.57M | 98.42M | 98.83M | 97.42M | 97.95M | 76.48M | 82.49M | 63.86M |
| OpEx % of Revenue | - | 96.71% | 104.54% | 84.82% | 98.26% | 108.65% | 114.77% | 120.83% | 156.92% | 114.32% | 266.18% | 190.1% | 660.26% | 124.22% | 142.79% | 151.01% | 152.49% | 105.12% | 132.57% | 106.05% |
| Selling, General & Admin | 25.45M | 31.05M | 30.81M | 33.67M | 35.77M | 50.16M | 41.95M | 46.85M | 58.48M | 46.19M | 49.95M | 57.87M | 59.1M | 64.3M | 56.17M | 53.63M | 53.87M | 35.94M | 50.75M | 39M |
| SG&A % of Revenue | - | 56.15% | 54.75% | 47.49% | 53.52% | 70.64% | 68.73% | 74.61% | 98.25% | 65.35% | 80.67% | 92.68% | 92.34% | 81.16% | 81.17% | 83.13% | 83.87% | 49.4% | 81.56% | 64.77% |
| Research & Development | 12.38M | 13.94M | 18.58M | 18.24M | 22.1M | 18.78M | 19.8M | 20.81M | 26.68M | 26.35M | 27.71M | 25.84M | 25.92M | 27.68M | 36.25M | 37.07M | 37.48M | 33.78M | 27.4M | 22.38M |
| R&D % of Revenue | - | 25.2% | 33.01% | 25.72% | 33.07% | 26.45% | 32.43% | 33.14% | 44.82% | 37.28% | 44.76% | 41.38% | 40.5% | 34.94% | 52.38% | 57.45% | 58.35% | 46.43% | 44.03% | 37.16% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -17.42M | -25.15M | -29.33M | -20.38M | -30.41M | -42.76M | -47.37M | -52.38M | -75.03M | -56.95M | -143.36M | -94.51M | -397.32M | -64.84M | -71.12M | -69.4M | -70.48M | -47.42M | -55.45M | -37.53M |
| Operating Margin % | - | -45.48% | -52.11% | -28.74% | -45.5% | -60.21% | -77.6% | -83.41% | -126.06% | -80.58% | -231.52% | -151.34% | -620.81% | -81.84% | -102.77% | -107.58% | -109.73% | -65.19% | -89.11% | -62.33% |
| Operating Income Growth % | 42.7% | 41.17% | 38.08% | 61.09% | 59.47% | 24.93% | 66.96% | 44.58% | 81.12% | 12.16% | -101.56% | -36.17% | -463.72% | -36.73% | -28.27% | -84.9% | -81.95% | 4.31% | 13.75% | 57.27% |
| EBITDA | -9.86M | -16.66M | -19.89M | -12.15M | -22.61M | -34.55M | -39.06M | -44.16M | -66.79M | -48.66M | -135.09M | -86.8M | -390.08M | -58.22M | -64.71M | -62.87M | -63.88M | -40.66M | -51.11M | -35.05M |
| EBITDA Margin % | - | -30.12% | -35.34% | -17.14% | -33.83% | -48.66% | -63.98% | -70.33% | -112.22% | -68.85% | -218.17% | -138.99% | -609.49% | -73.48% | -93.5% | -97.45% | -99.46% | -55.9% | -82.14% | -58.21% |
| EBITDA Growth % | 56.39% | 51.78% | 49.08% | 72.48% | 66.15% | 29% | 71.09% | 49.12% | 82.88% | 16.42% | -108.76% | -38.06% | -510.61% | -43.17% | -26.62% | -79.37% | -76.32% | 13.07% | 17.18% | 58.92% |
| D&A (Non-Cash Add-back) | 7.56M | 8.49M | 9.44M | 8.22M | 7.8M | 8.21M | 8.31M | 8.22M | 8.24M | 8.3M | 8.27M | 7.71M | 7.24M | 6.62M | 6.41M | 6.53M | 6.6M | 6.76M | 4.34M | 2.48M |
| EBIT | 0 | -25.15M | -29.33M | -20.38M | -30.41M | -42.76M | -47.37M | -52.38M | -75.03M | -56.95M | -64.47M | -67.23M | -67.01M | -64.84M | -71.12M | -69.4M | -70.48M | -47.42M | -55.45M | -37.53M |
| Net Interest Income | 0 | 0 | 638K | 845K | 2.69M | 423K | 3.88M | 2.67M | 3.78M | 8.17M | 7.98M | 2.33M | 940K | 4.01M | 1.24M | 764K | 108K | 217K | -382K | 224K |
| Interest Income | 0 | 0 | 638K | 845K | 2.69M | 423K | 3.88M | 2.67M | 3.78M | 8.17M | 7.98M | 2.33M | 940K | 4.01M | 1.24M | 764K | 108K | 217K | 0 | 224K |
| Interest Expense | 313K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 382K | 0 |
| Other Income/Expense | 7.34M | -643K | -1.36M | 123K | 12.62M | -285K | 3.18M | 1.89M | 2.86M | 7.46M | 7.38M | 1.71M | 288K | 3.09M | 644K | 213K | -103K | -820K | -936K | -498K |
| Pretax Income | -10.08M | -25.8M | -30.69M | -20.26M | -17.79M | -43.04M | -44.19M | -50.48M | -72.17M | -49.5M | -135.98M | -92.8M | -397.03M | -61.75M | -70.48M | -69.19M | -70.58M | -48.24M | -56.39M | -38.03M |
| Pretax Margin % | - | -46.64% | -54.53% | -28.57% | -26.62% | -60.62% | -72.39% | -80.4% | -121.26% | -70.03% | -219.6% | -148.6% | -620.36% | -77.94% | -101.84% | -107.25% | -109.89% | -66.31% | -90.62% | -63.16% |
| Income Tax | -217K | -626K | 1.22M | -725K | 568K | 1.53M | -149K | 97K | 1.27M | 547K | 1.12M | 716K | 1.48M | -160K | 95K | 461K | -332K | -334K | -5.45M | 103K |
| Effective Tax Rate % | 2.15% | 2.43% | -3.96% | 3.58% | -3.19% | -3.55% | 0.34% | -0.19% | -1.77% | -1.11% | -0.83% | -0.77% | -0.37% | 0.26% | -0.13% | -0.67% | 0.47% | 0.69% | 9.67% | -0.27% |
| Net Income | -10.89M | -24.92M | -32.38M | -19.7M | -18.7M | -42.65M | -43.46M | -49.92M | -72.11M | -48.59M | -136.41M | -92.47M | -397.69M | -61.16M | -70.08M | -69.14M | -70.04M | -47.79M | -51.49M | -37.86M |
| Net Margin % | - | -45.06% | -57.52% | -27.78% | -27.99% | -60.07% | -71.2% | -79.5% | -121.14% | -68.75% | -220.3% | -148.09% | -621.38% | -77.19% | -101.26% | -107.17% | -109.04% | -65.69% | -82.76% | -62.87% |
| Net Income Growth % | 41.8% | 41.57% | 25.51% | 60.54% | 74.06% | 12.21% | 68.14% | 46.02% | 81.87% | 20.56% | -94.64% | -33.74% | -467.83% | -27.97% | -36.1% | -82.64% | -78.72% | 5.01% | 18.37% | 56.31% |
| Net Income (Continuing) | -10.89M | -25.17M | -31.91M | -19.53M | -18.36M | -44.57M | -44.04M | -50.58M | -73.45M | -50.04M | -137.1M | -93.52M | -398.51M | -61.59M | -70.58M | -69.65M | -70.25M | -47.91M | -50.93M | -38.14M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 12.79M | 12.21M | 12.45M | 11.98M | 11.82M | 11.47M | 13.39M | 13.96M | 14.62M | 15.97M | 17.42M | 18.11M | 19.15M | 19.97M | 20.4M | 20.89M | 21.4M | 21.62M | 21.73M | 21.17M |
| EPS (Diluted) | -0.66 | -1.52 | -2.00 | -1.24 | -1.19 | -2.77 | -2.87 | -3.36 | -4.93 | -3.37 | -9.54 | -6.53 | -28.42 | -4.39 | -5.05 | -5.06 | -5.23 | -3.59 | -4.00 | -3.04 |
| EPS Growth % | 44.54% | 45.13% | 30.31% | 63.1% | 75.86% | 17.8% | 69.92% | 48.55% | 82.65% | 23.23% | -88.91% | -29.05% | -443.4% | -22.28% | -26.25% | -66.45% | -62.42% | 70.11% | 78.28% | 92.37% |
| EPS (Basic) | -0.66 | -1.52 | -2.00 | -1.24 | -1.19 | -2.77 | -2.87 | -3.36 | -4.93 | -3.37 | -9.54 | -6.53 | -28.42 | -4.39 | -5.05 | -5.06 | -5.23 | -3.59 | -4.00 | -3.04 |
| Diluted Shares Outstanding | 16.59M | 16.4M | 16.21M | 15.89M | 15.67M | 15.4M | 15.14M | 14.88M | 14.64M | 14.4M | 14.3M | 14.15M | 14M | 13.92M | 13.87M | 13.67M | 13.4M | 13.3M | 12.86M | 12.47M |
| Basic Shares Outstanding | 16.59M | 16.4M | 16.21M | 15.89M | 15.67M | 15.4M | 15.14M | 14.86M | 14.63M | 14.4M | 14.3M | 14.15M | 14M | 13.92M | 13.87M | 13.67M | 13.4M | 13.3M | 12.86M | 12.47M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |