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American Well (AMWL) Revenue by Segment

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Revenue by Segment

Breaks down revenue across different business segments, providing insight into which areas are driving growth and where the company might be facing challenges or opportunities for expansion.

$0.00$20.00M$40.00M$60.00M$80.00MMar 21Jun 21Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Chart Insights

Amwell’s recurring Platform Subscription revenue has become the stabilizer—now the majority and showing sequential improvement—helping margins and pushing adjusted EBITDA toward breakeven even as total revenue, platform visits and volatile “Other” revenue remain down year‑over‑year; the critical driver for meaningful topline recovery is converting large pipeline deals (notably DHA) and timing of those awards, so investors should focus on contract closures and realized revenue rather than short‑term visit volatility.

AMWL Revenue by Segment

DateOtherPlatform SubscriptionVisits
Sep 30, 2026$1.38M$23.94M$23.67M
Jun 30, 2026$1.91M$25.71M$24.43M
Mar 31, 2026$1.09M$24.91M$28.88M
Dec 31, 2025$2.76M$28.84M$23.71M
Sep 30, 2025$4.19M$30.90M$21.20M
Jun 30, 2025$7.69M$40.46M$22.75M
Mar 31, 2025$8.00M$32.21M$26.63M
Dec 31, 2024$4.87M$36.95M$29.18M
Sep 30, 2024$7.34M$26.23M$27.47M
Jun 30, 2024$6.56M$27.50M$28.73M
Mar 31, 2024$3.59M$24.86M$31.08M
Dec 31, 2023$11.26M$27.27M$32.14M
Sep 30, 2023$6.84M$28.36M$26.72M
Jun 30, 2023$6.33M$28.03M$28.08M
Mar 31, 2023$2.77M$28.70M$32.54M
Dec 31, 2022$13.45M$30.72M$35.06M
Sep 30, 2022$8.49M$31.91M$28.81M
Jun 30, 2022$5.17M$29.59M$29.75M
Mar 31, 2022$4.80M$28.69M$30.74M
Dec 31, 2021$11.39M$30.14M$31.22M
Sep 30, 2021$5.45M$26.74M$30.04M
Jun 30, 2021$5.91M$26.78M$27.53M
Mar 31, 2021$5.18M$24.60M$27.82M
Dec 31, 2020$7.87M$26.31M$26.25M
Sep 30, 2020$8.26M$25.83M$28.45M
Jun 30, 2020$8.09M$24.46M$36.02M
Mar 31, 2020$5.49M$21.76M$26.46M