AMWL · XBRL financial data

American Well financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (AMWL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	245	253	277	259	254	249
Research and development	84	107	138	106	86	73
General and administrative	166	95	146	127	121	88
Operating income (loss)	(227)	(179)	(276)	(692)	(218)	(105)
Income tax expense (benefit)	1	(5)	0	4	3	0
Net income (loss)	(224)	(176)	(270)	(675)	(208)	(96)
Earnings per share, basic‡ USD per share	(45.40)	(13.80)	(19.80)	(47.60)	(13.88)	(5.96)
Earnings per share, diluted‡ USD per share	(45.40)	(13.80)	(19.80)	(47.60)	(13.88)	(5.96)
Weighted average shares, basic‡ millions of shares	5	13	14	14	15	16
Weighted average shares, diluted‡ millions of shares	5	13	14	14	15	16

‡ Per-share figures and share counts are adjusted for the 1-for-20 stock split (June 2024); filings made before it reported them unadjusted.

Fiscal years (AMWL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	942	746	539	372	228	182
Short-term investments	100	—	—	—	—	—
Accounts receivable	45	51	58	54	72	50
Inventory	9	8	9	7	3	1
Prepaid and other current assets	14	20	20	14	11	11
Total current assets	1,113	827	627	450	317	247
Property and equipment, net	4	2	1	1	0	0
Right-of-use asset	7	16	14	10	7	4
Goodwill	194	443	435	0	0	—
Total assets	1,377	1,446	1,218	590	436	324
Accounts payable	6	12	7	5	5	2
Accrued liabilities	42	59	54	39	49	45
Total current liabilities	121	142	114	94	111	73
Lease liability, non-current	1	15	12	8	5	1
Total liabilities	130	185	134	110	120	76
Accumulated deficit	(582)	(811)	(1,082)	(1,758)	(1,966)	(2,062)
Total stockholders' equity	1,224	1,239	1,064	464	305	236
Total liabilities and equity	1,377	1,446	1,218	590	436	324
Common shares outstanding (cover page)‡ millions of shares	12	13	14	14	16	16

‡ Per-share figures and share counts are adjusted for the 1-for-20 stock split (June 2024); filings made before it reported them unadjusted.

Fiscal years (AMWL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(224)	(176)	(270)	(675)	(208)	(96)
Stock-based compensation	118	44	68	72	48	22
Depreciation and amortization	10	16	26	32	33	34
Net cash from operating activities	(112)	(142)	(192)	(148)	(127)	(66)
Purchases of property and equipment	3	1	0	0	0	0
Net cash from investing activities	(67)	(60)	(12)	(19)	(19)	17
Proceeds from issuing common stock	99	—	—	—	—	—
Net cash from financing activities	983	6	(4)	2	1	1
Net change in cash	804	(196)	(208)	(167)	(144)	(46)

SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
American Well	181	49	not reported	not reported	—	Q3 FY26 10-QSep 30, 2026
Dhi Group	3.8	31	6.1*	43.4M	—	Q2 FY26 10-QJun 30, 2026
Advantage Solutions	102	889	(6.5)*	12.8M	15.7 quarters	Q2 FY26 10-QJun 30, 2026
Outdoor Holding	69	14	not reported	116.0M	—	Q1 FY26 10-QJun 30, 2026
Resources Connection	61	98	(19)	34.7M	3.2 quarters	Q1 FY27 10-QAug 29, 2026
Melar Acquisition Corp. I	0	not reported	(0.2)*	not reported	0.0 quarters	Q2 FY26 10-QJun 30, 2026
Research Solutions	13	12*	1.8*	33.8M	—	Q4 FY26 10-KJun 30, 2026
Getty Images Holdings	52	229	(109)*	421.0M	0.5 quarters	Q2 FY26 10-QJun 30, 2026
Bridger Aerospace Group Holdings	7.2	30	(16)*	58.8M	0.5 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.