AMWL
Income statement / Annual
Last year (2023), American Well Corporation's total revenue was $259.05 M,
a decrease of 6.55% from the previous year.
In 2023, American Well Corporation's net income was -$675.16 M.
See American Well Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$259.05 M
|
$277.19 M
|
$252.79 M
|
$245.27 M
|
$148.86 M
|
$113.96 M
|
| Cost of Revenue |
$195.78 M |
$160.42 M |
$148.47 M |
$156.79 M |
$79.98 M |
$58.61 M |
| Gross Profit |
$63.27 M |
$116.77 M |
$104.32 M |
$88.48 M |
$68.88 M |
$55.34 M |
| Gross Profit Ratio |
0.24 |
0.42 |
0.41 |
0.36 |
0.46 |
0.49 |
| Research and Development
Expenses |
$105.83 M
|
$138.49 M
|
$106.59 M
|
$84.41 M
|
$53.94 M
|
$36.27 M
|
| General & Administrative
Expenses |
$126.65 M
|
$146.35 M
|
$94.62 M
|
$166.25 M
|
$54.21 M
|
$37.22 M
|
| Selling & Marketing
Expenses |
$86.46 M
|
$81.63 M
|
$66.15 M
|
$55.10 M
|
$47.67 M
|
$31.63 M
|
| Selling, General &
Administrative Expenses |
$208.69 M
|
$227.98 M
|
$160.78 M
|
$221.34 M
|
$101.88 M
|
$68.85 M
|
| Other Expenses |
$467.97 M |
$26.15 M |
$16.09 M |
$10.15 M |
$7.76 M |
$5.33 M |
| Operating Expenses |
$314.52 M |
$392.62 M |
$283.46 M |
$315.91 M |
$163.59 M |
$110.45 M |
| Cost And Expenses |
$510.30 M |
$553.04 M |
$431.94 M |
$472.70 M |
$243.56 M |
$169.06 M |
| Interest Income |
$19.42 M |
$6.12 M |
$120,000.00 |
$1.63 M |
$5.54 M |
$2.79 M |
| Interest Expense |
$19.42 M |
$6.12 M |
$120,000.00 |
$1.63 M |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$31.92 M
|
$26.77 M
|
$16.83 M
|
$11.01 M
|
$8.47 M
|
$5.90 M
|
| EBITDA |
-$219.33 M
|
-$249.69 M
|
-$163.06 M
|
-$217.28 M
|
-$86.94 M
|
-$49.78 M
|
| EBITDA Ratio |
-0.85 |
-0.9 |
-0.65 |
-0.89 |
-0.58 |
-0.44 |
| Operating Income Ratio
|
-0.97
|
-1
|
-0.71
|
-0.93
|
-0.64
|
-0.48
|
| Total Other
Income/Expenses Net |
-$421.47 M
|
$6.12 M
|
$120,000.00
|
$1.63 M
|
$5.54 M
|
$2.79 M
|
| Income Before Tax |
-$672.72 M |
-$269.73 M |
-$179.03 M |
-$225.80 M |
-$89.17 M |
-$52.31 M |
| Income Before Tax Ratio
|
-2.6
|
-0.97
|
-0.71
|
-0.92
|
-0.6
|
-0.46
|
| Income Tax Expense |
$3.86 M |
$64,000.00 |
-$5.38 M |
$639,000.00 |
-$803,000.00 |
$2.79 M |
| Net Income |
-$675.16 M |
-$269.79 M |
-$173.65 M |
-$226.44 M |
-$88.37 M |
-$52.67 M |
| Net Income Ratio |
-2.61 |
-0.97 |
-0.69 |
-0.92 |
-0.59 |
-0.46 |
| EPS |
-47.5 |
-19.68 |
-13.67 |
-45.72 |
-42.96 |
-25.96 |
| EPS Diluted |
-47.5 |
-19.68 |
-13.67 |
-45.72 |
-42.96 |
-25.96 |
| Weighted Average Shares
Out |
$14.21 M
|
$13.71 M
|
$12.70 M
|
$4.95 M
|
$2.06 M
|
$2.03 M
|
| Weighted Average Shares
Out Diluted |
$14.21 M
|
$13.71 M
|
$12.70 M
|
$4.95 M
|
$2.06 M
|
$2.03 M
|
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