Company / SG&A Expense
American Well Corp SG&A Expense History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$88.0M
FY2025
5-year range
$54.2M / $166.2M
FY2021-FY2025
Trend
-27.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has declined for 3 consecutive years, from $166M in FY2022 to $88M in FY2025.
Based on SEC 10-K filings.
$88M in FY2025 with a 5-year CAGR of +18.8%.
Improved from $127M to $88M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- -19.1%
- 5-Year CAGR
- +18.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- American Well Corp's sg&a expense has declined for 3 consecutive years.
- 5-year CAGR of +18.8%, indicating consistent growth.
- In FY2025, sg&a expense decreased 27.3% year-over-year.
- Peak sg&a expense was recorded in FY2022.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $88.0M | -27.3% |
| FY2024 | $121.2M | -4.3% |
| FY2023 | $126.6M | -23.8% |
| FY2022 | $166.2M | +206.7% |
| FY2021 | $54.2M | +45.7% |
| FY2020 | $37.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026