American Well Corporation (AMWL) Earnings History
Net Loss8 years of earnings data (2018–2025) · Currently unprofitable on a TTM basis
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American Well Corporation (AMWL) Earnings Overview
As of June 22, 2026, American Well Corporation (AMWL) reported trailing twelve-month net income of -$88M, reflecting +57.1% year-over-year growth. The company earned $-5.30 per diluted share over the past four quarters, with a net profit margin of -38.4%.
Looking at the long-term picture, AMWL's historical earnings data spans multiple years. The company achieved its highest annual net income of -$53M in fiscal 2018.
American Well Corporation is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including TDOC (-$171M net income, -7.9% margin), DOCS ($196M net income, 30.4% margin), HIMS (-$13M net income, 5.5% margin), AMWL has room to improve margins relative to the peer group. Compare AMWL vs TDOC →
AMWL Earnings vs Peers
Earnings metrics vs comparable public companies
AMWL Historical Earnings Data (2018–2025)
8 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$96M | +54.0% | -$105M | $-5.96 | -38.4% | -42.2% |
| 2024 | -$208M | +69.2% | -$218M | $-13.88 | -81.8% | -85.5% |
| 2023 | -$675M | -149.7% | -$692M | $-47.50 | -260.6% | -267.2% |
| 2022 | -$270M | -53.4% | -$276M | $-19.68 | -97.6% | -99.5% |
| 2021 | -$176M | +21.4% | -$179M | $-13.88 | -69.8% | -70.9% |
| 2020 | -$224M | -157.4% | -$227M | $-45.32 | -91.5% | -92.7% |
| 2019 | -$87M | -65.5% | -$95M | $-42.39 | -58.6% | -63.6% |
| 2018 | -$53M | - | -$55M | $-25.96 | -46.2% | -48.4% |
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AMWL — Frequently Asked Questions
Quick answers to the most common questions about buying AMWL stock.
What is AMWL earnings per share (EPS)?
AMWL trailing twelve-month (TTM) diluted EPS is $-5.30, reflecting +57.1% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2018 to 2025 is available in the table on this page.
What is American Well Corporation's net income?
American Well Corporation (AMWL) trailing twelve-month net income is $-88M as of 2025. Earnings grew +57.1% year-over-year.
Is AMWL profitable?
AMWL is not currently profitable on a TTM basis, reporting a net loss of $-88M. Net margin is -38.4%. Investors should monitor for a return to profitability.
What is AMWL's earnings growth rate?
AMWL compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2018 to 2025.
What are AMWL's profit margins?
American Well Corporation net profit margin is -38.4%, operating margin is -42.2%, and gross margin is +53.3%. Below-average margins reflect competitive or cost pressures. Return on Equity is -33.9%.
Is AMWL growing earnings?
Yes, AMWL earnings are accelerating — EPS growth of +57.1% exceeds the 5-year CAGR of N/A. TTM net income reached $-88M. Earnings momentum is strengthening.
What was AMWL's best earnings year?
American Well Corporation's highest annual net income on record is $-53M, achieved in fiscal year 2018. Earnings history on this page spans 2018 to 2025 and includes all annual and quarterly figures.
What were AMWL's earnings last quarter?
AMWL's most recent reported quarter was Q1 2026. Net income was $-11M with diluted EPS of $-0.66. For a full breakdown of all quarters, see the quarterly earnings table on this page.