American Well Corp
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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FY2025 · Filed Feb 12, 2026
AMWL$12.02-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
| Years Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | |||
| ($2,586, $3,165 and $3,859 from related parties, respectively) | $249,325 | $254,364 | $259,047 |
| Costs and operating expenses: | |||
| Costs of revenue, excluding depreciation and amortization of intangible assets | 116,467 | 155,412 | 164,287 |
| Research and development | 72,861 | 86,065 | 105,827 |
| Sales and marketing | 43,265 | 76,272 | 86,460 |
| General and administrative | 88,045 | 121,174 | 126,645 |
| Depreciation and amortization expense | 33,961 | 32,975 | 31,492 |
| Goodwill impairment | — | — | 436,479 |
| Total costs and operating expenses | 354,599 | 471,898 | 951,190 |
| Loss from operations | (105,274) | (217,534) | (692,143) |
| Interest income and other income (expense), net | 3,803 | 10,757 | 19,422 |
| Gain on divestiture | 8,634 | — | — |
| Loss before expense from income taxes and loss from equity method investment | (92,837) | (206,777) | (672,721) |
| Expense from income taxes | (434) | (2,751) | (3,860) |
| Loss from equity method investment | (1,696) | (3,110) | (2,590) |
| Net loss | (94,967) | (212,638) | (679,171) |
| Net income (loss) attributable to non-controlling interest | 733 | (4,495) | (4,007) |
| Net loss attributable to American Well Corporation | $(95,700) | $(208,143) | $(675,164) |
| Net loss per share attributable to common stockholders, basic and diluted | $(5.96) | $(13.88) | $(47.50) |
| Weighted-average common shares outstanding, basic and diluted | 16,047,452 | 14,999,590 | 14,212,505 |
| Net loss | $(94,967) | $(212,638) | $(679,171) |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation | 3,741 | (190) | 1,319 |
| Comprehensive loss | (91,226) | (212,828) | (677,852) |
| Less: Comprehensive income (loss) attributable to non-controlling interest | 733 | (4,495) | (4,007) |
| Comprehensive loss attributable to American Well Corporation | $(91,959) | $(208,333) | $(673,845) |
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