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American Well Corporation

EDGAR

AMWL Quarterly report (10-Q) · filed 2026-08-04

Annual consolidated revenue for 2025: about USD 249.3M, using the latest reported figures. The previous period, 2024, was about USD 254.4M.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

52 million USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 52048000 USD Source

Operating margin

-18.36%

2026 Q2 · %

Exact inputs and evidence

Operating Income: -9556000 USD Source
Revenue: 52048000 USD Source

Operating cash flow

10.7 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 9734000 USD Source
Operating Cash Flow: -983000 USD Source

Free cash flow

10.7 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 9734000 USD Source
Operating Cash Flow: -983000 USD Source
Capital Expenditure: 13000 USD Source
Capital Expenditure: 5000 USD Source

Cash and cash equivalents: 196 million USD 2026-06-30 Source
Exact value

195946000 USD
Long-term debt including current maturities: Not available
Shares outstanding: 16.9 million shares 2026-06-30 Source
Exact value

16925006 shares

Reported share-count change

5.19% · 836 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

16089191 shares · 2025-06-30· Source
16925006 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

219 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Revenue: 56286000 USD · 2025-07-01 – 2025-09-30 Source
Revenue: 249325000 USD · 2025-01-01 – 2025-12-31 Source
Revenue: 194017000 USD · 2025-01-01 – 2025-09-30 Source
Revenue: 54883000 USD · 2026-01-01 – 2026-03-31 Source
Revenue: 52048000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-78.1 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Net income: -32378000 USD · 2025-07-01 – 2025-09-30 Source
Net income: -95700000 USD · 2025-01-01 – 2025-12-31 Source
Net income: -70778000 USD · 2025-01-01 – 2025-09-30 Source
Net income: -10886000 USD · 2026-01-01 – 2026-03-31 Source
Net income: -9927000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-26.4 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: -48598000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -29832000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: -65953000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: -48598000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -983000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 9734000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: -983000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

25 thousand USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Capital expenditure: 9000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 9000 USD · 2025-01-01 – 2025-06-30 Source
Capital expenditure: 21000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 9000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 5000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 13000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 5000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

-26.4 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: -48598000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -29832000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: -65953000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: -48598000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -983000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 9734000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: -983000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 9000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 9000 USD · 2025-01-01 – 2025-06-30 Source
Capital expenditure: 21000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 9000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 5000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 13000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 5000 USD · 2026-01-01 – 2026-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-04.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 8 of 11 periods available· newest 2025-12-31
Operating income: 8 of 11 periods available· newest 2025-12-31
Net income: 8 of 11 periods available· newest 2025-12-31
Operating cash flow: 8 of 11 periods available· newest 2025-12-31
Capital expenditure: 8 of 11 periods available· newest 2025-12-31
Total assets: 8 of 11 periods available· newest 2025-12-31
Total liabilities: 8 of 11 periods available· newest 2025-12-31
Current assets: 8 of 11 periods available· newest 2025-12-31
Current liabilities: 8 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 8 of 11 periods available· newest 2025-12-31
long term debt: No compatible figures in this window
Shares outstanding: 8 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-2%

Prior period

USD 254.36 million

2024-01-01 – 2024-12-31
Current period

USD 249.33 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

249325000 − 254364000 = -5039000 USD

254364000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
249325000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · American Well Corporation · 2025-12-31 American Well Corporation (edgar:1393584) Year-over-year change in Revenue: -5039000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 249325000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#3206811 Filing: 000119312526048776 Input fundies:Revenue: 254364000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#3208627 Filing: 000119312526048776
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 112.44 million

Prior period

−USD 208.14 million

2024-01-01 – 2024-12-31
Current period

−USD 95.7 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-95700000 − -208143000 = 112443000 USD

-208143000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-95700000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · American Well Corporation · 2025-12-31 American Well Corporation (edgar:1393584) Year-over-year change in Net income: 112443000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -95700000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#4446280 Filing: 000119312526048776 Input fundies:NetIncome: -208143000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#4448173 Filing: 000119312526048776
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 61.39 million

Prior period

−USD 127.34 million

2024-01-01 – 2024-12-31
Current period

−USD 65.95 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-65953000 − -127338000 = 61385000 USD

-127338000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-65953000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · American Well Corporation · 2025-12-31 American Well Corporation (edgar:1393584) Year-over-year change in Operating cash flow: 61385000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -65953000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2854873 Filing: 000119312526048776 Input fundies:OperatingCashFlow: -127338000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2856804 Filing: 000119312526048776
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
-82.4%

Prior period

USD 119,000

2024-01-01 – 2024-12-31
Current period

USD 21,000

2025-01-01 – 2025-12-31

Exact inputs and evidence

21000 − 119000 = -98000 USD

119000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
21000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · American Well Corporation · 2025-12-31 American Well Corporation (edgar:1393584) Year-over-year change in Capital expenditure: -98000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 21000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2864563 Filing: 000119312526048776 Input fundies:CapitalExpenditure: 119000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2866326 Filing: 000119312526048776
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 249.33 million 100% of revenue
Operating costs Derived USD 354.6 million 142% of revenue
Operating income −USD 105.27 million −42% of revenue
Tax, interest and other Derived −USD 9.57 million −3.8% of revenue
Net income −USD 95.7 million −38% of revenue

Cash

Operating cash flow −USD 65.95 million −26% of revenue
Capital expenditure USD 21,000 0% of revenue
Free cash flow Derived −USD 65.97 million −26% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2018 Operating loss: operating costs were 148% of revenue.
2019 Operating loss: operating costs were 164% of revenue.
2020 Operating loss: operating costs were 193% of revenue.
2021 Operating loss: operating costs were 171% of revenue.
2022 Operating loss: operating costs were 200% of revenue.
2023 Operating loss: operating costs were 367% of revenue.
2024 Operating loss: operating costs were 186% of revenue.
2025 Operating loss: operating costs were 142% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2018 2018-01-01 – 2018-12-31	113955000	169061000 Derived	-55106000	-2432000 Derived	-52674000	-75917000 Derived	Source 2018-01-01 – 2018-12-31: 113955000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: -55106000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -52674000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: -74006000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 1911000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	148857000	243561000 Derived	-94704000	-7514000 Derived	-87190000	-83230000 Derived	Source 2019-01-01 – 2019-12-31: 148857000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -94704000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -87190000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: -81892000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 1338000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	245265000	472696000 Derived	-227431000	-2999000 Derived	-224432000	-115782000 Derived	Source 2020-01-01 – 2020-12-31: 245265000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -227431000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -224432000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -112464000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 3318000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	252789000	431935000 Derived	-179146000	-2812000 Derived	-176334000	-142096000 Derived	Source 2021-01-01 – 2021-12-31: 252789000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -179146000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -176334000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -141537000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 559000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	277190000	553043000 Derived	-275853000	-5424000 Derived	-270429000	-192615000 Derived	Source 2022-01-01 – 2022-12-31: 277190000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -275853000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -270429000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -192323000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 292000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	259047000	951190000 Derived	-692143000	-16979000 Derived	-675164000	-148535000 Derived	Source 2023-01-01 – 2023-12-31: 259047000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: -692143000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: -675164000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: -148343000 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 192000 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	254364000	471898000 Derived	-217534000	-9391000 Derived	-208143000	-127457000 Derived	Source 2024-01-01 – 2024-12-31: 254364000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: -217534000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: -208143000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: -127338000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 119000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	249325000	354599000 Derived	-105274000	-9574000 Derived	-95700000	-65974000 Derived	Source 2025-01-01 – 2025-12-31: 249325000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: -105274000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -95700000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: -65953000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 21000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 249.3M 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Revenue	113955000	Revenue: 113955000 Open source
20192019-12-31	Revenue	148857000	Revenue: 148857000 Open source
20202020-12-31	Revenue	245265000	Revenue: 245265000 Open source
20212021-12-31	Revenue	252789000	Revenue: 252789000 Open source
20222022-12-31	Revenue	277190000	Revenue: 277190000 Open source
20232023-12-31	Revenue	259047000	Revenue: 259047000 Open source
20242024-12-31	Revenue	254364000	Revenue: 254364000 Open source
20252025-12-31	Revenue	249325000	Revenue: 249325000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-2% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Year over year	No prior comparable period	Revenue: 113955000 Open source
20192019-12-31	Year over year	30.6%	Revenue: 148857000 Open source Revenue: 113955000 Open source
20202020-12-31	Year over year	64.8%	Revenue: 245265000 Open source Revenue: 148857000 Open source
20212021-12-31	Year over year	3.1%	Revenue: 252789000 Open source Revenue: 245265000 Open source
20222022-12-31	Year over year	9.7%	Revenue: 277190000 Open source Revenue: 252789000 Open source
20232023-12-31	Year over year	-6.5%	Revenue: 259047000 Open source Revenue: 277190000 Open source
20242024-12-31	Year over year	-1.8%	Revenue: 254364000 Open source Revenue: 259047000 Open source
20252025-12-31	Year over year	-2%	Revenue: 249325000 Open source Revenue: 254364000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -42.2% 2025

Net margin -38.4% 2025

Free cash flow margin -26.5% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Operating margin	-48.4%	Operating Income: -55106000 Open source Revenue: 113955000 Open source
20192019-12-31	Operating margin	-63.6%	Operating Income: -94704000 Open source Revenue: 148857000 Open source
20202020-12-31	Operating margin	-92.7%	Operating Income: -227431000 Open source Revenue: 245265000 Open source
20212021-12-31	Operating margin	-70.9%	Operating Income: -179146000 Open source Revenue: 252789000 Open source
20222022-12-31	Operating margin	-99.5%	Operating Income: -275853000 Open source Revenue: 277190000 Open source
20232023-12-31	Operating margin	-267.2%	Operating Income: -692143000 Open source Revenue: 259047000 Open source
20242024-12-31	Operating margin	-85.5%	Operating Income: -217534000 Open source Revenue: 254364000 Open source
20252025-12-31	Operating margin	-42.2%	Operating Income: -105274000 Open source Revenue: 249325000 Open source
20182018-12-31	Net margin	-46.2%	Net Income: -52674000 Open source Revenue: 113955000 Open source
20192019-12-31	Net margin	-58.6%	Net Income: -87190000 Open source Revenue: 148857000 Open source
20202020-12-31	Net margin	-91.5%	Net Income: -224432000 Open source Revenue: 245265000 Open source
20212021-12-31	Net margin	-69.8%	Net Income: -176334000 Open source Revenue: 252789000 Open source
20222022-12-31	Net margin	-97.6%	Net Income: -270429000 Open source Revenue: 277190000 Open source
20232023-12-31	Net margin	-260.6%	Net Income: -675164000 Open source Revenue: 259047000 Open source
20242024-12-31	Net margin	-81.8%	Net Income: -208143000 Open source Revenue: 254364000 Open source
20252025-12-31	Net margin	-38.4%	Net Income: -95700000 Open source Revenue: 249325000 Open source
20182018-12-31	Free cash flow margin	-66.6%	Revenue: 113955000 Open source Operating Cash Flow: -74006000 Open source Capital Expenditure: 1911000 Open source
20192019-12-31	Free cash flow margin	-55.9%	Revenue: 148857000 Open source Operating Cash Flow: -81892000 Open source Capital Expenditure: 1338000 Open source
20202020-12-31	Free cash flow margin	-47.2%	Revenue: 245265000 Open source Operating Cash Flow: -112464000 Open source Capital Expenditure: 3318000 Open source
20212021-12-31	Free cash flow margin	-56.2%	Revenue: 252789000 Open source Operating Cash Flow: -141537000 Open source Capital Expenditure: 559000 Open source
20222022-12-31	Free cash flow margin	-69.5%	Revenue: 277190000 Open source Operating Cash Flow: -192323000 Open source Capital Expenditure: 292000 Open source
20232023-12-31	Free cash flow margin	-57.3%	Revenue: 259047000 Open source Operating Cash Flow: -148343000 Open source Capital Expenditure: 192000 Open source
20242024-12-31	Free cash flow margin	-50.1%	Revenue: 254364000 Open source Operating Cash Flow: -127338000 Open source Capital Expenditure: 119000 Open source
20252025-12-31	Free cash flow margin	-26.5%	Revenue: 249325000 Open source Operating Cash Flow: -65953000 Open source Capital Expenditure: 21000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -66M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Operating cash flow	-74006000	Operating Cash Flow: -74006000 Open source
20192019-12-31	Operating cash flow	-81892000	Operating Cash Flow: -81892000 Open source
20202020-12-31	Operating cash flow	-112464000	Operating Cash Flow: -112464000 Open source
20212021-12-31	Operating cash flow	-141537000	Operating Cash Flow: -141537000 Open source
20222022-12-31	Operating cash flow	-192323000	Operating Cash Flow: -192323000 Open source
20232023-12-31	Operating cash flow	-148343000	Operating Cash Flow: -148343000 Open source
20242024-12-31	Operating cash flow	-127338000	Operating Cash Flow: -127338000 Open source
20252025-12-31	Operating cash flow	-65953000	Operating Cash Flow: -65953000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -66M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Free cash flow	-75917000	Operating Cash Flow: -74006000 Open source Capital Expenditure: 1911000 Open source
20192019-12-31	Free cash flow	-83230000	Operating Cash Flow: -81892000 Open source Capital Expenditure: 1338000 Open source
20202020-12-31	Free cash flow	-115782000	Operating Cash Flow: -112464000 Open source Capital Expenditure: 3318000 Open source
20212021-12-31	Free cash flow	-142096000	Operating Cash Flow: -141537000 Open source Capital Expenditure: 559000 Open source
20222022-12-31	Free cash flow	-192615000	Operating Cash Flow: -192323000 Open source Capital Expenditure: 292000 Open source
20232023-12-31	Free cash flow	-148535000	Operating Cash Flow: -148343000 Open source Capital Expenditure: 192000 Open source
20242024-12-31	Free cash flow	-127457000	Operating Cash Flow: -127338000 Open source Capital Expenditure: 119000 Open source
20252025-12-31	Free cash flow	-65974000	Operating Cash Flow: -65953000 Open source Capital Expenditure: 21000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

23.5% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Liabilities / assets	24.1%	Total Liabilities: 118011000 Open source Total Assets: 489314000 Open source
20192019-12-31	Liabilities / assets	25%	Total Liabilities: 124946000 Open source Total Assets: 499881000 Open source
20202020-12-31	Liabilities / assets	9.5%	Total Liabilities: 130449000 Open source Total Assets: 1376646000 Open source
20212021-12-31	Liabilities / assets	12.8%	Total Liabilities: 184961000 Open source Total Assets: 1445836000 Open source
20222022-12-31	Liabilities / assets	11%	Total Liabilities: 133706000 Open source Total Assets: 1217557000 Open source
20232023-12-31	Liabilities / assets	18.6%	Total Liabilities: 109519000 Open source Total Assets: 589705000 Open source
20242024-12-31	Liabilities / assets	27.5%	Total Liabilities: 119724000 Open source Total Assets: 435968000 Open source
20252025-12-31	Liabilities / assets	23.5%	Total Liabilities: 75999000 Open source Total Assets: 323787000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

3.37× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Current assets / current liabilities	3.42×	Current Assets: 300167000 Open source Current Liabilities: 87832000 Open source
20192019-12-31	Current assets / current liabilities	2.1×	Current Assets: 223527000 Open source Current Liabilities: 106577000 Open source
20202020-12-31	Current assets / current liabilities	9.2×	Current Assets: 1113287000 Open source Current Liabilities: 120982000 Open source
20212021-12-31	Current assets / current liabilities	5.84×	Current Assets: 827296000 Open source Current Liabilities: 141626000 Open source
20222022-12-31	Current assets / current liabilities	5.49×	Current Assets: 626616000 Open source Current Liabilities: 114056000 Open source
20232023-12-31	Current assets / current liabilities	4.79×	Current Assets: 449582000 Open source Current Liabilities: 93797000 Open source
20242024-12-31	Current assets / current liabilities	2.85×	Current Assets: 316993000 Open source Current Liabilities: 111263000 Open source
20252025-12-31	Current assets / current liabilities	3.37×	Current Assets: 246681000 Open source Current Liabilities: 73214000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2018 2018-01-01 – 2018-12-31	−USD 52.67 million Exact value Exact value: -52674000 USD 2018-01-01 – 2018-12-31: -52674000 USD Inspect Net Income Open source Share or cite Citation for Net Income · American Well Corporation · 2018-12-31 American Well Corporation (edgar:1393584) Net Income: -52674000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: -52674000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459021015812/amwl-20201231.xml#234639 Filing: 000156459021015812 The citation records this snapshot. The page link may show a newer release later.	−USD 74.01 million Exact value Exact value: -74006000 USD 2018-01-01 – 2018-12-31: -74006000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · American Well Corporation · 2018-12-31 American Well Corporation (edgar:1393584) Operating Cash Flow: -74006000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -74006000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459021015812/amwl-20201231.xml#289883 Filing: 000156459021015812 The citation records this snapshot. The page link may show a newer release later.	USD 1.91 million Exact value Exact value: 1911000 USD 2018-01-01 – 2018-12-31: 1911000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · American Well Corporation · 2018-12-31 American Well Corporation (edgar:1393584) Capital Expenditure: 1911000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1911000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459021015812/amwl-20201231.xml#290515 Filing: 000156459021015812 The citation records this snapshot. The page link may show a newer release later.	−USD 75.92 million Calculation and evidence -74006000 − 1911000 USD Exact free cash flow: -75917000 USD 2018-01-01 – 2018-12-31: -74006000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 1911000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · American Well Corporation · 2018-12-31 American Well Corporation (edgar:1393584) Free cash flow: -75917000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -74006000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459021015812/amwl-20201231.xml#289883 Filing: 000156459021015812 Input fundies:CapitalExpenditure: 1911000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459021015812/amwl-20201231.xml#290515 Filing: 000156459021015812 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−USD 87.19 million Exact value Exact value: -87190000 USD 2019-01-01 – 2019-12-31: -87190000 USD Inspect Net Income Open source Share or cite Citation for Net Income · American Well Corporation · 2019-12-31 American Well Corporation (edgar:1393584) Net Income: -87190000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -87190000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459022007355/amwl-10k_20211231.htm#4962109 Filing: 000156459022007355 The citation records this snapshot. The page link may show a newer release later.	−USD 81.89 million Exact value Exact value: -81892000 USD 2019-01-01 – 2019-12-31: -81892000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · American Well Corporation · 2019-12-31 American Well Corporation (edgar:1393584) Operating Cash Flow: -81892000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -81892000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459022007355/amwl-10k_20211231.htm#3212447 Filing: 000156459022007355 The citation records this snapshot. The page link may show a newer release later.	USD 1.34 million Exact value Exact value: 1338000 USD 2019-01-01 – 2019-12-31: 1338000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · American Well Corporation · 2019-12-31 American Well Corporation (edgar:1393584) Capital Expenditure: 1338000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1338000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459022007355/amwl-10k_20211231.htm#3223244 Filing: 000156459022007355 The citation records this snapshot. The page link may show a newer release later.	−USD 83.23 million Calculation and evidence -81892000 − 1338000 USD Exact free cash flow: -83230000 USD 2019-01-01 – 2019-12-31: -81892000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 1338000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · American Well Corporation · 2019-12-31 American Well Corporation (edgar:1393584) Free cash flow: -83230000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -81892000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459022007355/amwl-10k_20211231.htm#3212447 Filing: 000156459022007355 Input fundies:CapitalExpenditure: 1338000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000156459022007355/amwl-10k_20211231.htm#3223244 Filing: 000156459022007355 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 224.43 million Exact value Exact value: -224432000 USD 2020-01-01 – 2020-12-31: -224432000 USD Inspect Net Income Open source Share or cite Citation for Net Income · American Well Corporation · 2020-12-31 American Well Corporation (edgar:1393584) Net Income: -224432000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -224432000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017023003945/amwl-20221231.htm#5937863 Filing: 000095017023003945 The citation records this snapshot. The page link may show a newer release later.	−USD 112.46 million Exact value Exact value: -112464000 USD 2020-01-01 – 2020-12-31: -112464000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · American Well Corporation · 2020-12-31 American Well Corporation (edgar:1393584) Operating Cash Flow: -112464000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -112464000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017023003945/amwl-20221231.htm#3866493 Filing: 000095017023003945 The citation records this snapshot. The page link may show a newer release later.	USD 3.32 million Exact value Exact value: 3318000 USD 2020-01-01 – 2020-12-31: 3318000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · American Well Corporation · 2020-12-31 American Well Corporation (edgar:1393584) Capital Expenditure: 3318000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 3318000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017023003945/amwl-20221231.htm#3877773 Filing: 000095017023003945 The citation records this snapshot. The page link may show a newer release later.	−USD 115.78 million Calculation and evidence -112464000 − 3318000 USD Exact free cash flow: -115782000 USD 2020-01-01 – 2020-12-31: -112464000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 3318000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · American Well Corporation · 2020-12-31 American Well Corporation (edgar:1393584) Free cash flow: -115782000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -112464000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017023003945/amwl-20221231.htm#3866493 Filing: 000095017023003945 Input fundies:CapitalExpenditure: 3318000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017023003945/amwl-20221231.htm#3877773 Filing: 000095017023003945 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 176.33 million Exact value Exact value: -176334000 USD 2021-01-01 – 2021-12-31: -176334000 USD Inspect Net Income Open source Share or cite Citation for Net Income · American Well Corporation · 2021-12-31 American Well Corporation (edgar:1393584) Net Income: -176334000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -176334000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017024024026/amwl-20231231.htm#2348370 Filing: 000095017024024026 The citation records this snapshot. The page link may show a newer release later.	−USD 141.54 million Exact value Exact value: -141537000 USD 2021-01-01 – 2021-12-31: -141537000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · American Well Corporation · 2021-12-31 American Well Corporation (edgar:1393584) Operating Cash Flow: -141537000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -141537000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017024024026/amwl-20231231.htm#1048094 Filing: 000095017024024026 The citation records this snapshot. The page link may show a newer release later.	USD 559,000 Exact value Exact value: 559000 USD 2021-01-01 – 2021-12-31: 559000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · American Well Corporation · 2021-12-31 American Well Corporation (edgar:1393584) Capital Expenditure: 559000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 559000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017024024026/amwl-20231231.htm#1054980 Filing: 000095017024024026 The citation records this snapshot. The page link may show a newer release later.	−USD 142.1 million Calculation and evidence -141537000 − 559000 USD Exact free cash flow: -142096000 USD 2021-01-01 – 2021-12-31: -141537000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 559000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · American Well Corporation · 2021-12-31 American Well Corporation (edgar:1393584) Free cash flow: -142096000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -141537000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017024024026/amwl-20231231.htm#1048094 Filing: 000095017024024026 Input fundies:CapitalExpenditure: 559000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017024024026/amwl-20231231.htm#1054980 Filing: 000095017024024026 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	−USD 270.43 million Exact value Exact value: -270429000 USD 2022-01-01 – 2022-12-31: -270429000 USD Inspect Net Income Open source Share or cite Citation for Net Income · American Well Corporation · 2022-12-31 American Well Corporation (edgar:1393584) Net Income: -270429000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -270429000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017025019024/amwl-20241231.htm#4367958 Filing: 000095017025019024 The citation records this snapshot. The page link may show a newer release later.	−USD 192.32 million Exact value Exact value: -192323000 USD 2022-01-01 – 2022-12-31: -192323000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · American Well Corporation · 2022-12-31 American Well Corporation (edgar:1393584) Operating Cash Flow: -192323000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -192323000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017025019024/amwl-20241231.htm#2888500 Filing: 000095017025019024 The citation records this snapshot. The page link may show a newer release later.	USD 292,000 Exact value Exact value: 292000 USD 2022-01-01 – 2022-12-31: 292000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · American Well Corporation · 2022-12-31 American Well Corporation (edgar:1393584) Capital Expenditure: 292000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 292000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017025019024/amwl-20241231.htm#2897715 Filing: 000095017025019024 The citation records this snapshot. The page link may show a newer release later.	−USD 192.62 million Calculation and evidence -192323000 − 292000 USD Exact free cash flow: -192615000 USD 2022-01-01 – 2022-12-31: -192323000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 292000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · American Well Corporation · 2022-12-31 American Well Corporation (edgar:1393584) Free cash flow: -192615000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -192323000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017025019024/amwl-20241231.htm#2888500 Filing: 000095017025019024 Input fundies:CapitalExpenditure: 292000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000095017025019024/amwl-20241231.htm#2897715 Filing: 000095017025019024 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−USD 675.16 million Exact value Exact value: -675164000 USD 2023-01-01 – 2023-12-31: -675164000 USD Inspect Net Income Open source Share or cite Citation for Net Income · American Well Corporation · 2023-12-31 American Well Corporation (edgar:1393584) Net Income: -675164000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: -675164000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#4450067 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	−USD 148.34 million Exact value Exact value: -148343000 USD 2023-01-01 – 2023-12-31: -148343000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · American Well Corporation · 2023-12-31 American Well Corporation (edgar:1393584) Operating Cash Flow: -148343000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -148343000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2858736 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	USD 192,000 Exact value Exact value: 192000 USD 2023-01-01 – 2023-12-31: 192000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · American Well Corporation · 2023-12-31 American Well Corporation (edgar:1393584) Capital Expenditure: 192000 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 192000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2868090 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	−USD 148.54 million Calculation and evidence -148343000 − 192000 USD Exact free cash flow: -148535000 USD 2023-01-01 – 2023-12-31: -148343000 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 192000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · American Well Corporation · 2023-12-31 American Well Corporation (edgar:1393584) Free cash flow: -148535000 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -148343000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2858736 Filing: 000119312526048776 Input fundies:CapitalExpenditure: 192000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2868090 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	−USD 208.14 million Exact value Exact value: -208143000 USD 2024-01-01 – 2024-12-31: -208143000 USD Inspect Net Income Open source Share or cite Citation for Net Income · American Well Corporation · 2024-12-31 American Well Corporation (edgar:1393584) Net Income: -208143000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: -208143000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#4448173 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	−USD 127.34 million Exact value Exact value: -127338000 USD 2024-01-01 – 2024-12-31: -127338000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · American Well Corporation · 2024-12-31 American Well Corporation (edgar:1393584) Operating Cash Flow: -127338000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -127338000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2856804 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	USD 119,000 Exact value Exact value: 119000 USD 2024-01-01 – 2024-12-31: 119000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · American Well Corporation · 2024-12-31 American Well Corporation (edgar:1393584) Capital Expenditure: 119000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 119000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2866326 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	−USD 127.46 million Calculation and evidence -127338000 − 119000 USD Exact free cash flow: -127457000 USD 2024-01-01 – 2024-12-31: -127338000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 119000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · American Well Corporation · 2024-12-31 American Well Corporation (edgar:1393584) Free cash flow: -127457000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -127338000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2856804 Filing: 000119312526048776 Input fundies:CapitalExpenditure: 119000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2866326 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	−USD 95.7 million Exact value Exact value: -95700000 USD 2025-01-01 – 2025-12-31: -95700000 USD Inspect Net Income Open source Share or cite Citation for Net Income · American Well Corporation · 2025-12-31 American Well Corporation (edgar:1393584) Net Income: -95700000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: -95700000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#4446280 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	−USD 65.95 million Exact value Exact value: -65953000 USD 2025-01-01 – 2025-12-31: -65953000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · American Well Corporation · 2025-12-31 American Well Corporation (edgar:1393584) Operating Cash Flow: -65953000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -65953000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2854873 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	USD 21,000 Exact value Exact value: 21000 USD 2025-01-01 – 2025-12-31: 21000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · American Well Corporation · 2025-12-31 American Well Corporation (edgar:1393584) Capital Expenditure: 21000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 21000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2864563 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.	−USD 65.97 million Calculation and evidence -65953000 − 21000 USD Exact free cash flow: -65974000 USD 2025-01-01 – 2025-12-31: -65953000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 21000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · American Well Corporation · 2025-12-31 American Well Corporation (edgar:1393584) Free cash flow: -65974000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:59:40Z Snapshot: 8a40bd8b267081e86c34a66300a815713a3ecfee8b19ca5453fbda1efa4370c5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1393584?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -65953000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2854873 Filing: 000119312526048776 Input fundies:CapitalExpenditure: 21000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1393584/000119312526048776/amwl-20251231.htm#2864563 Filing: 000119312526048776 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

31 filings · 2,041 latest values · 2,041 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001393584, 1393584, AMWL, edgar:1393584

Also known as American Well Corp, American Well Corporation

American Well Corporation

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Trailing twelve months

Revenue

Net income

Operating cash flow

Capital expenditure

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation