American Well Corporation revenue by segment AMWL

Annual Quarterly

American Well Corporation splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Platform Subscription at $132.4 million, 53% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020
Revenue	211	249	254	259	277	253	245
Platform Subscription	103 -26.4% share 48.9%	132 +14.6% share 53.1%	116 +2.8% share 45.4%	112 -7.1% share 43.4%	121 +11.7% share 43.6%	108 +10.1% share 42.8%	98 share 40.1%
Visits	101 +0.9% share 47.7%	94 -19.0% share 37.8%	116 -2.5% share 45.8%	119 -3.9% share 46.1%	124 +6.6% share 44.9%	117 -0.5% share 46.1%	117 share 47.8%
Others	7 -71.1% share 3.4%	23 +1.2% share 9.1%	22 -17.8% share 8.8%	27 -14.8% share 10.5%	32 +14.3% share 11.5%	28 -6.1% share 11.0%	30 share 12.1%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: AMWL (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Boston, MA
SEC filer status: Accelerated filer, Smaller reporting company
SEC CIK: 1393584

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.