Skip to content
Screener

American Well AMWL Q3 2025 earnings

Reported November 4, 2025 · After market close

Revenue$56.3MBeat by $1.7M
EPS-$1.74Miss by $0.28
Revenue estimate$54.6M
EPS estimate-$1.46

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$47.3M
EPS estimate-$0.66

Financials

Q3 2025

Income statement

See full
Revenue$56.3M-7.8%
Gross profit$29.5M+30.0%
Operating income-$29.3M+38.1%
Net income-$32.4M+25.5%
EPS (diluted)-$2.00+30.3%

Balance sheet

See full
Cash & equivalents$200.9M-17.9%
Total debt$5.5M-40.0%
Total equity$254.9M-24.3%
Total assets$359.4M-25.6%

Cash flow

See full
Operating cash flow-$18.8M+42.0%
Free cash flow-$18.8M+42.0%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$99.34M-30.1%
Enterprise value-$96.09M-2.8%
P/S0.4×-0.2×

Profitability

See full
Gross margin52.4%+17.6pp
Operating margin-46.4%-15.3pp
Net margin-42.8%-14.1pp
FCF margin-23.4%-8.9pp

Returns & leverage

See full
Return on equity-38.3%-7.6pp
Debt / equity0×0.0×
Current ratio3.1×+0.2×

Segments

By product

See full
Platform Subscription$30.9M+17.8%
Visits$21.2M-22.8%
Others$4.2M-42.9%

FAQ

When did American Well report Q3 2025 earnings?
American Well (AMWL) reported Q3 2025 earnings on November 4, 2025 after market close.
What were American Well's Q3 2025 revenue and EPS?
American Well reported revenue of $56.3M and eps of $-1.74 for Q3 2025.
Did American Well beat estimates in Q3 2025?
Revenue beat the consensus estimate of $54.6M by $1.7M. EPS missed the consensus estimate of $-1.46 by $0.28.
How did American Well's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 7.8% from $61.0M a year earlier and eps grew 39.4% from $-2.87.
Where can I find American Well's Q3 2025 SEC filings?
You can read the 8-K earnings release (0001193125-25-264710) and the 10-Q periodic report (0001193125-25-264718) directly on SEC EDGAR. The filing index links above go to sec.gov.