profit from every $100 of sales.

American Well
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What American Well sold, what it kept, and what it did with the cash.
Sales went from $277 million in 2022 to $249 million in 2025, with -$95.7 million of profit last year.
American Well vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
American Well | No profit yet | ||
GE HealthCare Technologies | 18.2× · Fair price | ||
Tempus AI | No profit yet | ||
BrightSpring Health Services | 72.2× · Very expensive | ||
HealthEquity | 39.2× · Expensive |
AI analysis
An AI analyst reads American Well's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 277 | 259 | 254 | 249 | |
| 117 | 95 | 99 | 133 | |
| -276 | -256 | -218 | -105 | |
| -250 | -224 | -185 | -71 | |
| -270 | -675 | -208 | -96 | |
| -19.80 | -47.60 | -13.88 | -5.96 | |
| 42.1% | 36.6% | 38.9% | 53.3% | |
| -99.5% | -98.7% | -85.5% | -42.2% | |
| -97.6% | -260.6% | -81.8% | -38.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,218 | 590 | 436 | 324 |
| Cash | 539 | 372 | 228 | 182 |
| Total debt | 15 | 12 | 8 | 5 |
| Total liabilities | 134 | 110 | 120 | 76 |
| 1,064 | 464 | 305 | 236 | |
| 14 | 14 | 15 | 16 | |
| -20.2% | -42.4% | -54.9% | -34.6% | |
| -25.4% | -145.4% | -68.3% | -40.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -192 | -148 | -127 | -66 | |
| 10 | 15 | 15 | 0 | |
| -203 | -164 | -143 | -66 | |
| Dividends paid | – | – | – | – |
| 0 | 1 | 0 | 0 | |
| 68 | 72 | 48 | 22 |
Valuation
- –
- –
- –
- 0.6×
- 0.9×
- –
- –
- -30.7%
- -44.6%
- 0.0%
Profitability
- 53.3%
- -42.2%
- -38.4%
- -22.7%
- -35.7%
- -57.5%
- -35.1%
- -27.0%
- -36.3%
- 26.6%
Growth
- −3.5%
- –
- +53.7%
- –
- +6.0%
Financial health
- -2.5×
- 0.02
- 1.2%
- –
- 3.09
- 3.08
- 0.73
How it ranks in Healthcare
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $5.00
- Range
- $5.00 – $5.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | -0.78 | -0.77 | −1.3% |
| Feb 12, 2026 | -1.43 | -1.59 | +10.1% |
| Nov 4, 2025 | -1.74 | -1.46 | −19.4% |
| Aug 5, 2025 | -1.24 | -1.84 | +32.6% |
| May 1, 2025 | -1.73 | -3.09 | +44.0% |
| Feb 12, 2025 | -2.77 | -3.04 | +8.9% |
| Oct 30, 2024 | -2.87 | -3.32 | +13.6% |
| Jul 31, 2024 | -3.36 | -3.94 | +14.7% |
News
Every Humanoid Robot Needs Rare-Earth Magnets. Here's the American Stock Positioned to Sell Them -- and It's Down 62%.Yahoo Finance · Nov 7, 2026American Healthcare REIT forecasts $2.23-$2.26 2026 NFFO per share as same-store NOI growth target rises to 12%-14%Seeking Alpha · Nov 6, 2026American Express Has Cut Its Share Count by 27% Since 2016. Here's What That Did for the Stock.Yahoo Finance · Nov 6, 2026Pan American Silver declares $0.185 dividendSeeking Alpha · Nov 5, 2026American workers are finding their take-home pay isn’t keeping up with inflation, with their wallets ‘stretched thinner and thinner’MarketWatch · Oct 30, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about American Well
Is American Well a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the American Well AI analysis
What does American Well do?
American Well Corporation operates as a telehealth software company that enables digital delivery of care for healthcare. The company products offer urgent care; scheduled visits; acute behavioral health; telestroke; pediatrics; retail health, school health, and home settings. It is in Medical - Healthcare Information Services.
Does American Well pay a dividend?
No. American Well does not pay a dividend at the moment; in 2025 it returned $4,000 to shareholders by buying back its own shares.
Is American Well stock halal?
No. American Well does not pass our halal screen: its cash and confirmed interest-bearing investments are 85% of its market value, at or above the 33% limit. How we check
How has American Well stock done over the past year?
Up 196.0% over the past twelve months, to $12.46. It traded between $3.78 and $14.98 and is 16.8% below its high.
Who are American Well's competitors?
The largest listed companies in the same industry are GE HealthCare Technologies, Tempus AI, BrightSpring Health Services and HealthEquity. The peers table on this page compares their profit, growth and price with American Well's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



