---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-022630"
form_type: "8-K"
ticker: "AMWL"
cik: "0001393584"
company_name: "American Well Corp"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:07:05.897952+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Amwell reports Q3 revenue $69.2M, net loss $70.6M; narrows adjusted EBITDA guidance to ($180)M-($190)M

## Summary
- Total revenue $69.2M, up 11% YoY; subscription revenue $31.9M, up 19% YoY.
- Net loss of $70.6M, roughly flat vs Q2 2022's $69.7M net loss.
- Adjusted EBITDA improved to ($41.9)M from ($42.8)M in Q2; FY2022 guidance narrowed to ($180)M-($190)M, $10M better.
- Revenue expected at lower end of $275M-$285M range; AMG visits guided to 1.4-1.5 million; active providers up 23% to 98,500.

## SEC filing metadata
- accession: 0000950170-22-022630
- form_type: 8-K
- ticker: AMWL
- cik: 0001393584
- company_name: American Well Corp
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393584/000095017022022630/0000950170-22-022630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393584/000095017022022630/amwl-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-022630
- JSON: https://secwatch.observer/filing/0000950170-22-022630.json
- Plain text: https://secwatch.observer/filing/0000950170-22-022630.txt

## Key facts
- Earnings Releases
  American Well Corp updated its third quarter ended September 30, 2022 guidance (reaffirmed).
  - Period: third quarter ended September 30, 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: On November 7, 2022, American Well Corporation issued a press release announcing its financial results for the fiscal quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393584/000095017022022630/0000950170-22-022630-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.