American Well (AMWL) Revenue & Revenue Breakdown
American Well Revenue Highlights
Main Segment (Y)
Visits
American Well Revenue by Period
American Well Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | - | -100.00% |
| 2022-12-31 | $277.19M | 9.65% |
| 2021-12-31 | $252.79M | 3.07% |
| 2020-12-31 | $245.26M | 64.77% |
| 2019-12-31 | $148.86M | 30.63% |
| 2018-12-31 | $113.95M | - |
American Well generated - in revenue during NA 2023, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
American Well Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | - | -100.00% |
| 2024-03-31 | $59.52M | -15.78% |
| 2023-12-31 | $70.68M | 14.14% |
| 2023-09-30 | $61.92M | -0.84% |
| 2023-06-30 | $62.45M | -2.43% |
| 2023-03-31 | $64.00M | -19.22% |
| 2022-12-31 | $79.23M | 14.48% |
| 2022-09-30 | $69.21M | 7.27% |
| 2022-06-30 | $64.52M | 0.44% |
| 2022-03-31 | $64.23M | -11.71% |
| 2021-12-31 | $72.75M | 16.92% |
| 2021-09-30 | $62.22M | 3.33% |
| 2021-06-30 | $60.22M | 4.55% |
| 2021-03-31 | $57.60M | -4.69% |
| 2020-12-31 | $60.43M | -3.39% |
| 2020-09-30 | $62.55M | -8.78% |
| 2020-06-30 | $68.57M | 27.65% |
| 2020-03-31 | $53.71M | 19.28% |
| 2019-12-31 | $45.03M | 29.61% |
| 2019-09-30 | $34.74M | - |
American Well generated - in revenue during Q2 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
American Well Revenue Breakdown
American Well Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Others | $27.20M | $31.92M | $27.92M | $29.72M |
| Visits | $119.48M | $124.35M | $116.62M | $117.18M |
| Platform Subscription | $112.36M | $120.92M | $108.25M | $98.36M |
American Well's latest annual revenue breakdown by segment (product or service), as of Dec 23: Visits (46.12%), Platform Subscription (43.37%), and Others (10.50%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Platform Subscription | $27.50M | $24.86M | $27.27M | $28.36M | $28.03M | $28.70M | $30.72M | $31.91M | $29.59M | $28.69M | $30.14M | $26.74M | $26.78M | $24.60M | $25.83M |
| Others | $6.56M | $3.59M | $11.26M | $6.84M | $6.33M | $2.77M | $13.45M | $8.49M | $5.17M | $4.80M | $11.39M | $5.45M | $5.91M | $5.18M | $8.26M |
| Visits | $28.73M | $31.08M | $32.14M | $26.72M | $28.08M | $32.54M | $35.06M | $28.81M | $29.75M | $30.74M | $31.22M | $30.04M | $27.53M | $27.82M | $28.45M |
American Well's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Visits (45.75%), Platform Subscription (43.80%), and Others (10.44%).
American Well Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GEHC | GE HealthCare | $19.55B | $4.84B |
| TDOC | Teladoc Health | $2.60B | $642.44M |
| VEEV | Veeva Systems | $2.36B | $676.18M |
| PRVA | Privia Health Group | $1.66B | $422.33M |
| PGNY | Progyny | $1.09B | $304.09M |
| GDRX | GoodRx | $750.26M | $200.61M |
| TXG | 10x Genomics | $618.73M | $153.10M |
| DOCS | Doximity | $475.42M | $126.68M |
| PHR | Phreesia | $356.30M | $102.11M |
| CERT | Certara | $354.34M | $93.31M |
| HCAT | Health Catalyst | $295.94M | $74.72M |
| DH | Definitive Healthcare | $251.41M | $63.70M |
| SDGR | Schrödinger | $216.67M | $47.33M |
| AMWL | American Well | - | - |
AMWL Revenue FAQ
What is American Well’s yearly revenue?
American Well's yearly revenue for 2023 was $0, representing a decrease of -100.00% compared to 2022. The company's yearly revenue for 2022 was $277.19M, representing an increase of 9.65% compared to 2021. AMWL's yearly revenue for 2021 was $252.79M, representing an increase of 3.07% compared to 2020.
What is American Well’s quarterly revenue?
American Well's quarterly revenue for Q2 2024 was $0, a -100.00% decrease from the previous quarter (Q1 2024), and a -100.00% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $59.52M, a -15.78% decrease from the previous quarter (Q4 2023), and a -7.00% decrease year-over-year (Q1 2023). AMWL's quarterly revenue for Q4 2023 was $70.68M, a 14.14% increase from the previous quarter (Q3 2023), and a -10.80% decrease year-over-year (Q4 2022).
What is American Well’s revenue growth rate?
American Well's revenue growth rate for the last 3 years (2021-2023) was -100.00%, and for the last 5 years (2019-2023) was -100.00%.
What are American Well’s revenue streams?
American Well's revenue streams in c 23 are Others, Visits, and Platform Subscription. Others generated $27.2M in revenue, accounting 10.50% of the company's total revenue, down -14.79% year-over-year. Visits generated $119.48M in revenue, accounting 46.12% of the company's total revenue, down -3.91% year-over-year. Platform Subscription generated $112.36M in revenue, accounting 43.37% of the company's total revenue, down -7.08% year-over-year.
What is American Well’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of American Well was Visits. This segment made a revenue of $119.48M, representing 46.12% of the company's total revenue.