Company / Operating Margin
American Well Corp Operating Margin History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-42.2%
FY2025
5-year range
-267.2% / -42.2%
FY2021-FY2025
Trend
+50.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from -267.2% to -42.2% over the past 2 years.
Based on SEC 10-K filings.
-42.2% in FY2025 with a 5-year CAGR of +6.1%.
Improved from -267.2% to -42.2% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- +50.5pp
- 5-Year Change
- +6.1pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, operating margin increased 50.6% year-over-year.
- Lowest operating margin in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score -4.13 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -42.2% | +50.6% |
| FY2024 | -85.5% | +68.0% |
| FY2023 | -267.2% | -188.1% |
| FY2022 | -92.7% | -45.8% |
| FY2021 | -63.6% | -31.6% |
| FY2020 | -48.4% | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026