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Side-by-side financial comparison of American Well Corp (AMWL) and WASHINGTON TRUST BANCORP INC (WASH). Click either name above to swap in a different company.

WASHINGTON TRUST BANCORP INC is the larger business by last-quarter revenue ($57.8M vs $55.3M, roughly 1.0× American Well Corp). WASHINGTON TRUST BANCORP INC runs the higher net margin — 21.8% vs -45.1%, a 66.8% gap on every dollar of revenue. Over the past eight quarters, WASHINGTON TRUST BANCORP INC's revenue compounded faster (9.5% 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 ...

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

AMWL vs WASH — Head-to-Head

Bigger by revenue
WASH
WASH
1.0× larger
WASH
$57.8M
$55.3M
AMWL
Higher net margin
WASH
WASH
66.8% more per $
WASH
21.8%
-45.1%
AMWL
Faster 2-yr revenue CAGR
WASH
WASH
Annualised
WASH
9.5%
-3.6%
AMWL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMWL
AMWL
WASH
WASH
Revenue
$55.3M
$57.8M
Net Profit
$-24.9M
$12.6M
Gross Margin
Operating Margin
-45.5%
Net Margin
-45.1%
21.8%
Revenue YoY
-22.1%
Net Profit YoY
41.6%
3.5%
EPS (diluted)
$-1.53
$0.66

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
WASH
WASH
Q1 26
$57.8M
Q4 25
$55.3M
$59.3M
Q3 25
$56.3M
$56.5M
Q2 25
$70.9M
$54.3M
Q1 25
$66.8M
$59.1M
Q4 24
$71.0M
$12.4M
Q3 24
$61.0M
$48.5M
Q2 24
$62.8M
$48.2M
Net Profit
AMWL
AMWL
WASH
WASH
Q1 26
$12.6M
Q4 25
$-24.9M
$16.0M
Q3 25
$-32.4M
$10.8M
Q2 25
$-19.7M
$13.2M
Q1 25
$-18.7M
$12.2M
Q4 24
$-42.7M
$-60.8M
Q3 24
$-43.5M
$11.0M
Q2 24
$-49.9M
$10.8M
Operating Margin
AMWL
AMWL
WASH
WASH
Q1 26
Q4 25
-45.5%
34.9%
Q3 25
-52.1%
24.7%
Q2 25
-28.7%
31.6%
Q1 25
-45.5%
26.5%
Q4 24
-60.2%
-648.7%
Q3 24
-77.6%
28.5%
Q2 24
-83.4%
28.7%
Net Margin
AMWL
AMWL
WASH
WASH
Q1 26
21.8%
Q4 25
-45.1%
27.0%
Q3 25
-57.5%
19.2%
Q2 25
-27.8%
24.4%
Q1 25
-28.0%
20.6%
Q4 24
-60.1%
-491.4%
Q3 24
-71.2%
22.6%
Q2 24
-79.5%
22.4%
EPS (diluted)
AMWL
AMWL
WASH
WASH
Q1 26
$0.66
Q4 25
$-1.53
$0.84
Q3 25
$-2.00
$0.56
Q2 25
$-1.24
$0.68
Q1 25
$-1.19
$0.63
Q4 24
$-2.71
$-3.54
Q3 24
$-2.87
$0.64
Q2 24
$-3.36
$0.63

Balance Sheet & Financial Strength

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

Metric
AMWL
AMWL
WASH
WASH
Cash + ST InvestmentsLiquidity on hand
$182.3M
$12.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$235.6M
$546.8M
Total Assets
$323.8M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMWL
AMWL
WASH
WASH
Q1 26
$12.3M
Q4 25
$182.3M
Q3 25
$200.9M
Q2 25
$219.1M
Q1 25
$222.4M
Q4 24
$228.3M
Q3 24
$244.6M
Q2 24
$276.9M
Stockholders' Equity
AMWL
AMWL
WASH
WASH
Q1 26
$546.8M
Q4 25
$235.6M
$543.6M
Q3 25
$254.9M
$533.0M
Q2 25
$282.6M
$527.5M
Q1 25
$294.0M
$521.7M
Q4 24
$304.8M
$499.7M
Q3 24
$336.7M
$502.2M
Q2 24
$363.9M
$471.0M
Total Assets
AMWL
AMWL
WASH
WASH
Q1 26
$6.5B
Q4 25
$323.8M
$6.6B
Q3 25
$359.4M
$6.7B
Q2 25
$388.7M
$6.7B
Q1 25
$419.5M
$6.6B
Q4 24
$436.0M
$6.9B
Q3 24
$483.0M
$7.1B
Q2 24
$507.8M
$7.2B

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
WASH
WASH
Operating Cash FlowLast quarter
$-17.4M
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
WASH
WASH
Q1 26
Q4 25
$-17.4M
$80.3M
Q3 25
$-18.8M
$39.6M
Q2 25
$-4.7M
$11.3M
Q1 25
$-25.1M
$8.4M
Q4 24
$-13.4M
$57.7M
Q3 24
$-32.4M
$25.7M
Q2 24
$-21.8M
$11.2M
Free Cash Flow
AMWL
AMWL
WASH
WASH
Q1 26
Q4 25
$-17.4M
$78.3M
Q3 25
$39.3M
Q2 25
$10.9M
Q1 25
$-25.1M
$8.4M
Q4 24
$-13.4M
$53.7M
Q3 24
$-32.4M
$24.4M
Q2 24
$-21.8M
$9.6M
FCF Margin
AMWL
AMWL
WASH
WASH
Q1 26
Q4 25
-31.4%
132.2%
Q3 25
69.6%
Q2 25
20.2%
Q1 25
-37.6%
14.2%
Q4 24
-18.9%
433.8%
Q3 24
-53.0%
50.4%
Q2 24
-34.7%
19.8%
Capex Intensity
AMWL
AMWL
WASH
WASH
Q1 26
Q4 25
0.0%
3.4%
Q3 25
0.0%
0.6%
Q2 25
0.0%
0.7%
Q1 25
0.0%
0.1%
Q4 24
0.0%
32.3%
Q3 24
0.0%
2.6%
Q2 24
0.0%
3.4%
Cash Conversion
AMWL
AMWL
WASH
WASH
Q1 26
Q4 25
5.03×
Q3 25
3.65×
Q2 25
0.86×
Q1 25
0.69×
Q4 24
Q3 24
2.34×
Q2 24
1.03×

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%

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

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