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American Well AMWL Visits — Revenue

Other product segments

Platform Subscription
$24.91M-22.7%
Others
$1.09M-86.4%

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Other financials

Income statement

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Revenue$54.9M-17.9%
Gross profit$28.0M-20.7%
Operating income-$17.4M+42.7%
Net income-$10.9M+41.8%
EPS (diluted)-$0.66+44.5%

Balance sheet

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Cash & equivalents$179.2M-19.4%
Total debt$4.0M-45.7%
Total equity$227.3M-22.7%
Total assets$326.0M-22.3%

Cash flow

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Operating cash flow-$983.0K+96.1%
CapEx$5.0K-44.4%
Free cash flow-$988.0K+96.1%

Valuation

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Market cap$154.55M+29.3%
Enterprise value-$20.69M-77.8%
P/S0.7×+0.2×

Profitability

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Gross margin52.9%+8.6pp
Operating margin-38.9%-11.3pp
Net margin-37%-10.1pp
FCF margin-17.6%-5.9pp

Returns & leverage

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Return on equity-33.7%-6.4pp
Debt / equity0.0×
Current ratio3.1×+0.2×

Where this comes from

Reported directly by American Well in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: American Well’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Well's visits — revenue?
American Well (AMWL) reported visits — revenue of $28.88M in Q1 2026.
How has American Well's visits — revenue changed year-over-year?
American Well's visits — revenue increased by 8.5% year-over-year, from $26.63M to $28.88M.
What is the long-term trend for American Well's visits — revenue?
Over 4 years (2021 to 2025), American Well's visits — revenue has grown at a -5.2% compound annual growth rate (CAGR), from $116.62M to $94.29M.
What does visits — revenue mean?
This metric represents the total revenue generated from telehealth visit services provided through the company's digital care platform, excluding any assessed taxes. It serves as a key indicator of the adoption and utilization of the company's direct care delivery offerings by health systems, health plans, and individual patients. Monitoring this revenue stream helps investors assess the scale and growth trajectory of the company's core clinical service delivery model.