SuperworthAmerican Well profit margin AMWL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- −35.7%
- Operating margin, 12 months
- −37.3%
- Net margin on a year earlier
- +10.4 pts
- Peer median
- 4.7%
Over the twelve months to Jun 30, 2026, American Well kept −35.7% of its revenue as net profit, with an operating margin of −37.3% and a gross margin of 51.9%.
Five years earlier its net margin was −79.1%.
The median for 10 credit services stocks of a similar size is 4.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −38.4% | −42.2% | 53.3% |
| FY2024 | −81.8% | −85.5% | 38.9% |
| FY2023 | n/a | n/a | 36.6% |
| FY2022 | −97.6% | −99.5% | 42.1% |
| FY2021 | −69.8% | −70.9% | 41.3% |
| FY2020 | −91.5% | −92.7% | 36.1% |
| FY2019 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −35.7% | +10.4 pts | −37.3% | |
| Q1 FY26 | −37.0% | +22.1 pts | −38.9% | |
| Q4 FY25 | −38.4% | +43.4 pts | −42.2% | |
| Q3 FY25 | −42.8% | +41.5 pts | −46.4% | |
| Q2 FY25 | −46.2% | n/a | −52.2% | |
| Q1 FY25 | −59.1% | n/a | −66.1% | |
| Q4 FY24 | −81.8% | n/a | −85.5% | |
| Q3 FY24 | −84.3% | n/a | −91.2% | |
| Q2 FY24 | n/a | n/a | n/a | |
| Q1 FY24 | n/a | n/a | n/a | |
| Q4 FY23 | n/a | n/a | n/a | |
| Q3 FY23 | n/a | n/a | n/a |
Against its peers
Companies in Financial - Credit Services nearest American Well's size, closest first, today.
| Company | Profit margin |
|---|---|
| AMWLAmerican Well | −35.7% |
| CPSSConsumer Portfolio Services | 4.8% |
| SNFCASecurity National Financial | 11.1% |
| DHXDHI | 1.0% |
| IMXIInternational Money Express | 3.4% |
| POWWOutdoor | 6.4% |
| IRHOIron Horse Acquisition II | n/m |
| RMRegional Management | 7.0% |
| OPRXOptimizeRx | 4.7% |
| LSAKLesaka Technologies | 0.4% |
| RMNIRimini Street | 1.7% |
| Peer median | 4.7% |
Where American Well ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on American Well
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.