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Side-by-side financial comparison of Airsculpt Technologies, Inc. (AIRS) and American Well Corp (AMWL). Click either name above to swap in a different company.

American Well Corp is the larger business by last-quarter revenue ($55.3M vs $33.4M, roughly 1.7× Airsculpt Technologies, Inc.). Airsculpt Technologies, Inc. runs the higher net margin — 3.8% vs -45.1%, a 48.9% gap on every dollar of revenue. On growth, Airsculpt Technologies, Inc. posted the faster year-over-year revenue change (-14.6% vs -22.1%). Airsculpt Technologies, Inc. produced more free cash flow last quarter ($-2.6M vs $-17.4M). Over the past eight quarters, American Well Corp's revenue compounded faster (-3.6% CAGR vs -16.2%).

Airsculpt Technologies, Inc. is a medical technology and aesthetic services provider specializing in its proprietary minimally invasive AirSculpt body contouring treatments. The company operates premium clinics across the United States, catering to consumers seeking precise fat removal and body shaping solutions with significantly shorter recovery times than traditional cosmetic procedures.

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 ...

AIRS vs AMWL — Head-to-Head

Bigger by revenue
AMWL
AMWL
1.7× larger
AMWL
$55.3M
$33.4M
AIRS
Growing faster (revenue YoY)
AIRS
AIRS
+7.5% gap
AIRS
-14.6%
-22.1%
AMWL
Higher net margin
AIRS
AIRS
48.9% more per $
AIRS
3.8%
-45.1%
AMWL
More free cash flow
AIRS
AIRS
$14.8M more FCF
AIRS
$-2.6M
$-17.4M
AMWL
Faster 2-yr revenue CAGR
AMWL
AMWL
Annualised
AMWL
-3.6%
-16.2%
AIRS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIRS
AIRS
AMWL
AMWL
Revenue
$33.4M
$55.3M
Net Profit
$1.3M
$-24.9M
Gross Margin
Operating Margin
-3.0%
-45.5%
Net Margin
3.8%
-45.1%
Revenue YoY
-14.6%
-22.1%
Net Profit YoY
126.7%
41.6%
EPS (diluted)
$0.02
$-1.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIRS
AIRS
AMWL
AMWL
Q4 25
$33.4M
$55.3M
Q3 25
$35.0M
$56.3M
Q2 25
$44.0M
$70.9M
Q1 25
$39.4M
$66.8M
Q4 24
$39.2M
$71.0M
Q3 24
$42.5M
$61.0M
Q2 24
$51.0M
$62.8M
Q1 24
$47.6M
$59.5M
Net Profit
AIRS
AIRS
AMWL
AMWL
Q4 25
$1.3M
$-24.9M
Q3 25
$-9.5M
$-32.4M
Q2 25
$-591.0K
$-19.7M
Q1 25
$-2.8M
$-18.7M
Q4 24
$-4.8M
$-42.7M
Q3 24
$-6.0M
$-43.5M
Q2 24
$-3.2M
$-49.9M
Q1 24
$6.0M
$-72.1M
Operating Margin
AIRS
AIRS
AMWL
AMWL
Q4 25
-3.0%
-45.5%
Q3 25
-27.9%
-52.1%
Q2 25
1.8%
-28.7%
Q1 25
-4.0%
-45.5%
Q4 24
-9.9%
-60.2%
Q3 24
-8.7%
-77.6%
Q2 24
-9.8%
-83.4%
Q1 24
23.1%
-126.1%
Net Margin
AIRS
AIRS
AMWL
AMWL
Q4 25
3.8%
-45.1%
Q3 25
-27.2%
-57.5%
Q2 25
-1.3%
-27.8%
Q1 25
-7.2%
-28.0%
Q4 24
-12.3%
-60.1%
Q3 24
-14.2%
-71.2%
Q2 24
-6.3%
-79.5%
Q1 24
12.7%
-121.1%
EPS (diluted)
AIRS
AIRS
AMWL
AMWL
Q4 25
$0.02
$-1.53
Q3 25
$-0.15
$-2.00
Q2 25
$-0.01
$-1.24
Q1 25
$-0.05
$-1.19
Q4 24
$-0.08
$-2.71
Q3 24
$-0.10
$-2.87
Q2 24
$-0.06
$-3.36
Q1 24
$0.10
$-4.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIRS
AIRS
AMWL
AMWL
Cash + ST InvestmentsLiquidity on hand
$8.4M
$182.3M
Total DebtLower is stronger
$56.0M
Stockholders' EquityBook value
$87.7M
$235.6M
Total Assets
$187.3M
$323.8M
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRS
AIRS
AMWL
AMWL
Q4 25
$8.4M
$182.3M
Q3 25
$5.4M
$200.9M
Q2 25
$8.2M
$219.1M
Q1 25
$5.6M
$222.4M
Q4 24
$8.2M
$228.3M
Q3 24
$6.0M
$244.6M
Q2 24
$9.9M
$276.9M
Q1 24
$11.0M
$308.6M
Total Debt
AIRS
AIRS
AMWL
AMWL
Q4 25
$56.0M
Q3 25
$56.9M
Q2 25
$57.7M
Q1 25
$68.5M
Q4 24
$69.7M
Q3 24
$70.1M
Q2 24
$70.7M
Q1 24
$71.2M
Stockholders' Equity
AIRS
AIRS
AMWL
AMWL
Q4 25
$87.7M
$235.6M
Q3 25
$82.1M
$254.9M
Q2 25
$91.2M
$282.6M
Q1 25
$77.3M
$294.0M
Q4 24
$78.2M
$304.8M
Q3 24
$82.5M
$336.7M
Q2 24
$85.0M
$363.9M
Q1 24
$83.5M
$408.7M
Total Assets
AIRS
AIRS
AMWL
AMWL
Q4 25
$187.3M
$323.8M
Q3 25
$185.9M
$359.4M
Q2 25
$198.4M
$388.7M
Q1 25
$203.3M
$419.5M
Q4 24
$212.8M
$436.0M
Q3 24
$208.2M
$483.0M
Q2 24
$210.1M
$507.8M
Q1 24
$202.7M
$548.4M
Debt / Equity
AIRS
AIRS
AMWL
AMWL
Q4 25
0.64×
Q3 25
0.69×
Q2 25
0.63×
Q1 25
0.89×
Q4 24
0.89×
Q3 24
0.85×
Q2 24
0.83×
Q1 24
0.85×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIRS
AIRS
AMWL
AMWL
Operating Cash FlowLast quarter
$-2.5M
$-17.4M
Free Cash FlowOCF − Capex
$-2.6M
$-17.4M
FCF MarginFCF / Revenue
-7.7%
-31.4%
Capex IntensityCapex / Revenue
0.2%
0.0%
Cash ConversionOCF / Net Profit
-1.97×
TTM Free Cash FlowTrailing 4 quarters
$692.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRS
AIRS
AMWL
AMWL
Q4 25
$-2.5M
$-17.4M
Q3 25
$-225.0K
$-18.8M
Q2 25
$5.0M
$-4.7M
Q1 25
$868.0K
$-25.1M
Q4 24
$2.7M
$-13.4M
Q3 24
$1.8M
$-32.4M
Q2 24
$3.4M
$-21.8M
Q1 24
$3.4M
$-59.8M
Free Cash Flow
AIRS
AIRS
AMWL
AMWL
Q4 25
$-2.6M
$-17.4M
Q3 25
$-405.0K
Q2 25
$4.7M
Q1 25
$-1.0M
$-25.1M
Q4 24
$-815.0K
$-13.4M
Q3 24
$-3.1M
$-32.4M
Q2 24
$-576.0K
$-21.8M
Q1 24
$1.8M
$-59.8M
FCF Margin
AIRS
AIRS
AMWL
AMWL
Q4 25
-7.7%
-31.4%
Q3 25
-1.2%
Q2 25
10.7%
Q1 25
-2.6%
-37.6%
Q4 24
-2.1%
-18.9%
Q3 24
-7.2%
-53.0%
Q2 24
-1.1%
-34.7%
Q1 24
3.8%
-100.5%
Capex Intensity
AIRS
AIRS
AMWL
AMWL
Q4 25
0.2%
0.0%
Q3 25
0.5%
0.0%
Q2 25
0.6%
0.0%
Q1 25
4.8%
0.0%
Q4 24
9.0%
0.0%
Q3 24
11.5%
0.0%
Q2 24
7.9%
0.0%
Q1 24
3.3%
0.1%
Cash Conversion
AIRS
AIRS
AMWL
AMWL
Q4 25
-1.97×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIRS
AIRS

Segment breakdown not available.

AMWL
AMWL

Platform Subscription$28.8M52%
Visits$23.7M43%
Others$2.8M5%

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