American Well CorpAMWLEarnings & Financial Report
The American Tobacco Company was a tobacco company founded in 1890 by J. B. Duke through a merger between a number of U.S. tobacco manufacturers including Allen and Ginter, Goodwin & Company, and Kinney Brothers. The company was one of the original 12 members of the Dow Jones Industrial Average in 1896. The American Tobacco Company dominated the industry by acquiring the Lucky Strike Company and over 200 other rival firms. Federal Antitrust action begun in 1907 broke the company into several ...
AMWL Q4 FY2025 Key Financial Metrics
Revenue
$55.3M
Gross Profit
N/A
Operating Profit
$-25.2M
Net Profit
$-24.9M
Gross Margin
N/A
Operating Margin
-45.5%
Net Margin
-45.1%
YoY Growth
-22.1%
EPS
$-1.53
American Well Corp Q4 FY2025 Financial Summary
American Well Corp reported revenue of $55.3M (down 22.1% YoY) for Q4 FY2025, with a net profit of $-24.9M (up 41.6% YoY) (-45.1% margin).
Key Financial Metrics
| Total Revenue | $55.3M |
|---|---|
| Net Profit | $-24.9M |
| Gross Margin | N/A |
| Operating Margin | -45.5% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
American Well Corp Q4 FY2025 revenue of $55.3M breaks down across 3 segments, led by Platform Subscription at $28.8M (52.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Platform Subscription | $28.8M | 52.1% |
| Visits | $23.7M | 42.9% |
| Others | $2.8M | 5.0% |
American Well Corp Revenue by Segment — Quarterly Trend
American Well Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Platform Subscription and Visits) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Platform Subscription | $28.8M | $30.9M | $40.5M | $32.2M |
| Visits | $23.7M | $21.2M | $22.8M | $26.6M |
| Others | $2.8M | $4.2M | $7.7M | $8.0M |
American Well Corp Annual Revenue by Year
American Well Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $249.3M).
American Well Corp Quarterly Revenue & Net Profit History
American Well Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $55.3M | -22.1% | $-24.9M | -45.1% |
| Q3 FY2025 | $56.3M | -7.8% | $-32.4M | -57.5% |
| Q2 FY2025 | $70.9M | +12.9% | $-19.7M | -27.8% |
| Q1 FY2025 | $66.8M | +12.3% | $-18.7M | -28.0% |
| Q4 FY2024 | $71.0M | +0.5% | $-42.7M | -60.1% |
| Q3 FY2024 | $61.0M | -1.4% | $-43.5M | -71.2% |
| Q2 FY2024 | $62.8M | +0.5% | $-49.9M | -79.5% |
| Q1 FY2024 | $59.5M | -7.0% | $-72.1M | -121.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $59.5M | $62.8M | $61.0M | $71.0M | $66.8M | $70.9M | $56.3M | $55.3M |
| YoY Growth | -7.0% | 0.5% | -1.4% | 0.5% | 12.3% | 12.9% | -7.8% | -22.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $548.4M | $507.8M | $483.0M | $436.0M | $419.5M | $388.7M | $359.4M | $323.8M |
| Liabilities | $125.0M | $130.0M | $132.9M | $119.7M | $113.7M | $94.1M | $92.1M | $76.0M |
| Equity | $408.7M | $363.9M | $336.7M | $304.8M | $294.0M | $282.6M | $254.9M | $235.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-59.8M | $-21.8M | $-32.4M | $-13.4M | $-25.1M | $-4.7M | $-18.8M | $-17.4M |