← American Well Corp
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $114.0m |
$148.9m
+30.63%
|
$245.3m
+64.77%
|
$252.8m
+3.07%
|
$277.2m
+9.65%
|
$259.0m
-6.55%
|
$254.4m
-1.81%
|
$249.3m
-1.98%
|
$218.5m
-12.35%
|
|
| Costs of revenue, excluding depreciation and amortization of intangible assets | $58.6m |
$80.0m
+36.45%
|
$156.8m
+96.05%
|
$148.5m
-5.30%
|
$160.4m
+8.05%
|
$164.3m
+2.41%
|
$155.4m
-5.40%
|
$116.5m
-25.06%
|
— | |
| Gross Profit | $55.3m |
$68.9m
+24.46%
|
$88.5m
+28.45%
|
$104.3m
+17.90%
|
$116.8m
+11.94%
|
$94.8m
-18.85%
|
$99.0m
+4.42%
|
$132.9m
+34.27%
|
$113.4m
-14.67%
|
|
| Research and development | $36.3m | $53.9m | $84.4m | $106.6m | $138.5m | $105.8m | $86.1m | $72.9m | $55.3m | |
| Sales and marketing | $31.6m | $47.7m | $55.1m | $66.2m | $81.6m | $86.5m | $76.3m | $43.3m | — | |
| General and administrative | $37.2m | $54.2m | $166.2m | $94.6m | $146.4m | $126.6m | $121.2m | $88.0m | $75.3m | |
| Total costs and operating expenses | $169.1m | $243.6m | $472.7m | $431.9m | $553.0m | $951.2m | $471.9m | $354.6m | — | |
| Loss from operations | ($55.1m) |
($94.7m)
-71.86%
|
($227.4m)
-140.15%
|
($179.1m)
+21.23%
|
($275.9m)
-53.98%
|
($692.1m)
-150.91%
|
($217.5m)
+68.57%
|
($105.3m)
+51.61%
|
— | |
| Interest income and other income (expense), net | $2.8m | $5.5m | $1.6m | $120k | $6.1m | $19.4m | $10.8m | $3.8m | $7.8m | |
| Loss before expense from income taxes and loss from equity method investment | ($52.3m) | ($89.2m) | ($225.8m) | ($179.0m) | ($269.7m) | ($672.7m) | ($206.8m) | ($92.8m) | — | |
| Loss from equity method investment | — | $148.9m | ($2.2m) | ($3.1m) | ($2.3m) | ($2.6m) | ($3.1m) | ($1.7m) | — | |
| Expense from income taxes | $0 | $803k | ($639k) | $5.4m | ($64k) | ($3.9m) | ($2.8m) | ($434k) | — | |
| Net loss | ($52.3m) | ($88.4m) | ($228.6m) | ($176.8m) | ($272.1m) | ($679.2m) | ($212.6m) | ($95.0m) | — | |
| Net income (loss) attributable to non-controlling interest | $362k | ($1.2m) | ($4.2m) | ($448k) | ($1.6m) | ($4.0m) | ($4.5m) | $733k | ($78.1m) | |
| Net loss attributable to American Well Corporation | ($52.7m) | ($87.2m) | ($224.4m) | ($176.3m) | ($270.4m) | ($675.2m) | ($208.1m) | ($95.7m) | — | |
| Net loss per share attributable to common stockholders, basic | — | ($1) | ($2) | ($1) | ($1) | ($2) | ($14) | ($6) | — | |
| Net loss per share attributable to common stockholders, diluted | ($1) | ($2) | ($2) | ($1) | ($1) | ($2) | ($14) | ($6) | — | |
| Weighted-average common shares outstanding, basic | — | — | 99.0m | 254.1m | 274.2m | 284.3m | 15.0m | 16.0m | — | |
| Weighted-average common shares outstanding, diluted | — | — | 99.0m | 254.1m | 274.2m | 284.3m | 15.0m | 16.0m | — | |
| ($2,586, $3,165 and $3,859 from related parties, respectively) | $114.0m | $148.9m | $245.3m | $252.8m | $277.2m | $259.0m | $254.4m | $249.3m | — | |
| Depreciation and amortization expense | $5.3m | $7.8m | $10.2m | $16.1m | $26.2m | $31.5m | $33.0m | $34.0m | $32.5m | |
| Goodwill impairment | — | — | — | — | — | $436.5m | $0 | $0 | $0 | |
| Gain on divestiture | — | — | — | — | — | $0 | $0 | $8.6m | — | |
| Foreign currency translation | $27k | ($227k) | $412k | ($6.6m) | ($10.6m) | $1.3m | ($190k) | $3.7m | — | |
| Comprehensive loss | ($51.0m) | ($89.5m) | ($228.6m) | ($183.4m) | ($282.7m) | ($677.9m) | ($212.8m) | ($91.2m) | — | |
| Less: Comprehensive income (loss) attributable to non-controlling interest | $362k | ($1.2m) | ($4.2m) | ($448k) | ($1.6m) | ($4.0m) | ($4.5m) | $733k | — | |
| Comprehensive loss attributable to American Well Corporation | ($51.3m) | ($88.3m) | ($224.4m) | ($183.0m) | ($281.0m) | ($673.8m) | ($208.3m) | ($92.0m) | — |