# American Well Corp: overview

AMWL · NYSE · CIK 1393584 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/amwl.md) · [Financials](/companies/amwl/financials.md) · [Filings](/companies/amwl/filings.md) · [Insiders](/companies/amwl/insiders.md)

Latest reported revenue: [$52.0m](/filings/0001393584-26-000018.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001393584-26-000018).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [61.0](/filings/0001193125-25-264718.md) | [71.0 d](/filings/0001193125-26-048776.md) | [66.8](/filings/0001393584-26-000013.md) | [70.9](/filings/0001393584-26-000018.md) | [56.3](/filings/0001193125-25-264718.md) | [55.3 d](/filings/0001193125-26-048776.md) | [54.9](/filings/0001393584-26-000013.md) | [52.0](/filings/0001393584-26-000018.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(77.6%)](/filings/0001193125-25-264718.md) | [(60.2%) d](/filings/0001193125-26-048776.md) | [(45.5%)](/filings/0001393584-26-000013.md) | [(28.7%)](/filings/0001393584-26-000018.md) | [(52.1%)](/filings/0001193125-25-264718.md) | [(45.5%) d](/filings/0001193125-26-048776.md) | [(31.7%)](/filings/0001393584-26-000013.md) | [(18.4%)](/filings/0001393584-26-000018.md) |
| Net margin | % | [(71.2%)](/filings/0001193125-25-264718.md) | [(60.1%) d](/filings/0001193125-26-048776.md) | [(28.0%)](/filings/0001393584-26-000013.md) | [(27.8%)](/filings/0001393584-26-000018.md) | [(57.5%)](/filings/0001193125-25-264718.md) | [(45.1%) d](/filings/0001193125-26-048776.md) | [(19.8%)](/filings/0001393584-26-000013.md) | [(19.1%)](/filings/0001393584-26-000018.md) |
| Diluted EPS | $ per share | [(2.87)](/filings/0001193125-25-264718.md) | not reported | [(1.19)](/filings/0001393584-26-000013.md) | [(1.24)](/filings/0001393584-26-000018.md) | [(2.00)](/filings/0001193125-25-264718.md) | not reported | [(0.66)](/filings/0001393584-26-000013.md) | [(0.59)](/filings/0001393584-26-000018.md) |
| Free cash flow | $m | [(32.4) d](/filings/0001193125-25-264718.md) | [(13.4) d](/filings/0001193125-26-048776.md) | [(25.1)](/filings/0001393584-26-000013.md) | [(4.7) d](/filings/0001393584-26-000018.md) | [(18.8) d](/filings/0001193125-25-264718.md) | [(17.4) d](/filings/0001193125-26-048776.md) | [(1.0)](/filings/0001393584-26-000013.md) | [10.7 d](/filings/0001393584-26-000018.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [253](/filings/0000950170-24-024026.md) | [277](/filings/0000950170-25-019024.md) | [259](/filings/0001193125-26-048776.md) | [254](/filings/0001193125-26-048776.md) | [249](/filings/0001193125-26-048776.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(70.9%)](/filings/0000950170-24-024026.md) | [(99.5%)](/filings/0000950170-25-019024.md) | [(267.2%)](/filings/0001193125-26-048776.md) | [(85.5%)](/filings/0001193125-26-048776.md) | [(42.2%)](/filings/0001193125-26-048776.md) |
| Net margin | % | [(69.8%)](/filings/0000950170-24-024026.md) | [(97.6%)](/filings/0000950170-25-019024.md) | [(260.6%)](/filings/0001193125-26-048776.md) | [(81.8%)](/filings/0001193125-26-048776.md) | [(38.4%)](/filings/0001193125-26-048776.md) |
| Diluted EPS | $ per share | [(0.69)](/filings/0000950170-24-024026.md) | [(19.72)](/filings/0000950170-25-019024.md) | [(47.50)](/filings/0001193125-26-048776.md) | [(13.88)](/filings/0001193125-26-048776.md) | [(5.96)](/filings/0001193125-26-048776.md) |
| Free cash flow | $m | [(142)](/filings/0000950170-24-024026.md) | [(193)](/filings/0000950170-25-019024.md) | [(149)](/filings/0001193125-26-048776.md) | [(127)](/filings/0001193125-26-048776.md) | [(66.0)](/filings/0001193125-26-048776.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/amwl/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Senvest Management, LLC](/funds/1328785.md) | 2026-06-30 | $12.1m | 1,329,057 |  | Added +192,499 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $11.7m | 1,278,429 |  | Added +121,976 |
| [Cable Car Capital, LP](/funds/1699575.md) | 2026-06-30 | $9.1m | 1,002,650 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $5.6m | 611,259 |  | Added +43,988 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $3.9m | 427,576 |  | Added +36,197 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $2.4m | 263,223 |  | Added +68,200 |
| [Russell Investments Group, Ltd.](/funds/1692234.md) | 2026-06-30 | $1.7m | 182,243 |  | New +182,243 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.4m | 158,623 |  | Reduced −29,749 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $1.3m | 145,104 |  | Added +12,095 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $1.3m | 141,282 |  | Added +87,170 |

## Recent filings

[All 793 filings](/companies/amwl/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-04 | 20:15 ET | [10-Q](/filings/0001393584-26-000018.md) | Quarterly report, period 2026-06-30 | 0001393584-26-000018 |
| 2026-08-04 | 20:08 ET | [8-K](/filings/0001393584-26-000016.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001393584-26-000016 |
| 2026-07-21 | 21:33 ET | [8-K](/filings/0001193125-26-309112.md) | 4.01 Change of auditor; 9.01 Financial statements and exhibits | 0001193125-26-309112 |
| 2026-07-14 | 20:39 ET | [8-K](/filings/0001193125-26-303282.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-303282 |
| 2026-06-22 | 20:40 ET | [8-K](/filings/0001193125-26-277605.md) | 5.07 Shareholder vote results | 0001193125-26-277605 |
| 2026-05-12 | 12:44 ET | [8-K](/filings/0001193125-26-218277.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-218277 |
| 2026-05-05 | 20:18 ET | [10-Q](/filings/0001393584-26-000013.md) | Quarterly report, period 2026-03-31 | 0001393584-26-000013 |
| 2026-05-05 | 20:14 ET | [8-K](/filings/0001193125-26-206427.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-206427 |
| 2026-04-23 | 19:10 ET | [DEF 14A](/filings/0001393584-26-000008.md) | Proxy statement, period 2026-04-23 | 0001393584-26-000008 |
| 2026-04-02 | 21:06 ET | [8-K](/filings/0001193125-26-140460.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-140460 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-048776.md), filed Feb 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/98cdbc9f-763f-45ff-a1d6-1921b06e7c3a)

## About the filer

- CIK: 1393584
- Tickers: AMWL
- Exchange: NYSE
- SIC code: 7389 Services-Business Services, NEC
- State of incorporation: DE
- Filer category: Accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:38 ET. No prices; not investment advice.
