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

Veris Residential, Inc. is the larger business by last-quarter revenue ($70.1M vs $55.3M, roughly 1.3× American Well Corp). Veris Residential, Inc. runs the higher net margin — -20.0% vs -45.1%, a 25.1% gap on every dollar of revenue. On growth, Veris Residential, Inc. posted the faster year-over-year revenue change (3.5% vs -22.1%). Over the past eight quarters, Veris Residential, Inc.'s revenue compounded faster (1.9% CAGR vs -3.6%).

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 ...

Veris Residential, Inc. is an American real estate investment trust headquartered in Jersey City, New Jersey, investing primarily in apartments in New Jersey and Boston.

AMWL vs VRE — Head-to-Head

Bigger by revenue
VRE
VRE
1.3× larger
VRE
$70.1M
$55.3M
AMWL
Growing faster (revenue YoY)
VRE
VRE
+25.6% gap
VRE
3.5%
-22.1%
AMWL
Higher net margin
VRE
VRE
25.1% more per $
VRE
-20.0%
-45.1%
AMWL
Faster 2-yr revenue CAGR
VRE
VRE
Annualised
VRE
1.9%
-3.6%
AMWL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMWL
AMWL
VRE
VRE
Revenue
$55.3M
$70.1M
Net Profit
$-24.9M
$-14.0M
Gross Margin
95.9%
Operating Margin
-45.5%
-22.2%
Net Margin
-45.1%
-20.0%
Revenue YoY
-22.1%
3.5%
Net Profit YoY
41.6%
-30.9%
EPS (diluted)
$-1.53
$-0.15

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
AMWL
AMWL
VRE
VRE
Q1 26
$70.1M
Q4 25
$55.3M
$71.3M
Q3 25
$56.3M
$73.4M
Q2 25
$70.9M
$75.9M
Q1 25
$66.8M
$67.8M
Q4 24
$71.0M
$68.1M
Q3 24
$61.0M
$68.2M
Q2 24
$62.8M
$67.5M
Net Profit
AMWL
AMWL
VRE
VRE
Q1 26
$-14.0M
Q4 25
$-24.9M
$-203.0K
Q3 25
$-32.4M
$75.2M
Q2 25
$-19.7M
$10.9M
Q1 25
$-18.7M
$-10.7M
Q4 24
$-42.7M
$-12.4M
Q3 24
$-43.5M
$-9.7M
Q2 24
$-49.9M
$2.9M
Gross Margin
AMWL
AMWL
VRE
VRE
Q1 26
95.9%
Q4 25
97.2%
Q3 25
96.8%
Q2 25
97.2%
Q1 25
95.9%
Q4 24
97.1%
Q3 24
96.9%
Q2 24
97.3%
Operating Margin
AMWL
AMWL
VRE
VRE
Q1 26
-22.2%
Q4 25
-45.5%
-0.9%
Q3 25
-52.1%
Q2 25
-28.7%
15.8%
Q1 25
-45.5%
-20.4%
Q4 24
-60.2%
-21.9%
Q3 24
-77.6%
-16.2%
Q2 24
-83.4%
2.2%
Net Margin
AMWL
AMWL
VRE
VRE
Q1 26
-20.0%
Q4 25
-45.1%
-0.3%
Q3 25
-57.5%
102.4%
Q2 25
-27.8%
14.4%
Q1 25
-28.0%
-15.8%
Q4 24
-60.1%
-18.3%
Q3 24
-71.2%
-14.2%
Q2 24
-79.5%
4.3%
EPS (diluted)
AMWL
AMWL
VRE
VRE
Q1 26
$-0.15
Q4 25
$-1.53
$0.00
Q3 25
$-2.00
$0.80
Q2 25
$-1.24
$0.12
Q1 25
$-1.19
$-0.12
Q4 24
$-2.71
$-0.14
Q3 24
$-2.87
$-0.10
Q2 24
$-3.36
$0.03

Balance Sheet & Financial Strength

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

Metric
AMWL
AMWL
VRE
VRE
Cash + ST InvestmentsLiquidity on hand
$182.3M
$9.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$235.6M
$1.1B
Total Assets
$323.8M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMWL
AMWL
VRE
VRE
Q1 26
$9.4M
Q4 25
$182.3M
$14.1M
Q3 25
$200.9M
$8.8M
Q2 25
$219.1M
$11.4M
Q1 25
$222.4M
$7.6M
Q4 24
$228.3M
$7.3M
Q3 24
$244.6M
$12.8M
Q2 24
$276.9M
$18.4M
Total Debt
AMWL
AMWL
VRE
VRE
Q1 26
Q4 25
$1.4B
Q3 25
Q2 25
Q1 25
Q4 24
$1.7B
Q3 24
Q2 24
Stockholders' Equity
AMWL
AMWL
VRE
VRE
Q1 26
$1.1B
Q4 25
$235.6M
$1.2B
Q3 25
$254.9M
$1.2B
Q2 25
$282.6M
$1.1B
Q1 25
$294.0M
$1.1B
Q4 24
$304.8M
$1.1B
Q3 24
$336.7M
$1.1B
Q2 24
$363.9M
$1.1B
Total Assets
AMWL
AMWL
VRE
VRE
Q1 26
$2.7B
Q4 25
$323.8M
$2.7B
Q3 25
$359.4M
$2.8B
Q2 25
$388.7M
$3.1B
Q1 25
$419.5M
$3.0B
Q4 24
$436.0M
$3.0B
Q3 24
$483.0M
$3.0B
Q2 24
$507.8M
$3.0B
Debt / Equity
AMWL
AMWL
VRE
VRE
Q1 26
Q4 25
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
1.52×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
AMWL
AMWL
VRE
VRE
Operating Cash FlowLast quarter
$-17.4M
$14.0M
Free Cash FlowOCF − Capex
$-17.4M
FCF MarginFCF / Revenue
-31.4%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMWL
AMWL
VRE
VRE
Q1 26
$14.0M
Q4 25
$-17.4M
$76.0M
Q3 25
$-18.8M
$13.5M
Q2 25
$-4.7M
$23.8M
Q1 25
$-25.1M
$13.2M
Q4 24
$-13.4M
$52.3M
Q3 24
$-32.4M
$13.9M
Q2 24
$-21.8M
$10.8M
Free Cash Flow
AMWL
AMWL
VRE
VRE
Q1 26
Q4 25
$-17.4M
Q3 25
Q2 25
Q1 25
$-25.1M
Q4 24
$-13.4M
Q3 24
$-32.4M
Q2 24
$-21.8M
FCF Margin
AMWL
AMWL
VRE
VRE
Q1 26
Q4 25
-31.4%
Q3 25
Q2 25
Q1 25
-37.6%
Q4 24
-18.9%
Q3 24
-53.0%
Q2 24
-34.7%
Capex Intensity
AMWL
AMWL
VRE
VRE
Q1 26
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
AMWL
AMWL
VRE
VRE
Q1 26
Q4 25
Q3 25
0.18×
Q2 25
2.18×
Q1 25
Q4 24
Q3 24
Q2 24
3.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMWL
AMWL

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

VRE
VRE

Segment breakdown not available.

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