v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Revenue ($34, $833, $614 and $1,265 from related parties, respectively) $ 52,048 $ 70,898 $ 106,931 $ 137,731
Costs and operating expenses:        
Costs of revenue, excluding depreciation and amortization of intangible assets 24,486 31,143 51,405 62,717
Research and development 10,352 18,237 22,731 40,339
Sales and marketing 5,844 12,518 13,589 25,094
General and administrative 13,901 21,155 31,602 44,347
Depreciation and amortization expense 7,021 8,224 14,584 16,024
Total costs and operating expenses 61,604 91,277 133,911 188,521
Loss from operations (9,556) (20,379) (26,980) (50,790)
Interest income and other (expense) income, net (617) 845 (304) 3,533
Net gain on divestiture 0 0 7,027 10,713
Loss before expense from income taxes and loss from equity method investment (10,173) (19,534) (20,257) (36,544)
Income tax benefit 548 725 331 157
Loss from equity method investment 0 (722) 0 (1,500)
Net loss (9,625) (19,531) (19,926) (37,887)
Net income attributable to non-controlling interest 302 165 887 513
Net loss attributable to American Well Corporation $ (9,927) $ (19,696) $ (20,813) $ (38,400)
Net loss per share attributable to common stockholders, basic $ (0.59) $ (1.24) $ (1.25) $ (2.43)
Net loss per share attributable to common stockholders, diluted $ (0.59) $ (1.24) $ (1.25) $ (2.43)
Weighted-average common shares outstanding, basic 16,761,044 15,892,970 16,675,831 15,783,281
Weighted-average common shares outstanding, diluted 16,761,044 15,892,970 16,675,831 15,783,281
Net loss $ (9,625) $ (19,531) $ (19,926) $ (37,887)
Other comprehensive income (loss), net of tax:        
Foreign currency translation 1,784 2,669 1,812 2,326
Comprehensive loss (7,841) (16,862) (18,114) (35,561)
Less: Comprehensive income attributable to non-controlling interest 302 165 887 513
Comprehensive loss attributable to American Well Corporation $ (8,143) $ (17,027) $ (19,001) $ (36,074)