---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-018843"
form_type: "8-K"
ticker: "AMWL"
cik: "0001393584"
company_name: "American Well Corp"
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T22:46:52.581450+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Amwell Q4 revenue $71M, net loss $44.6M; FY2025 revenue guidance $250-260M, adj EBITDA -$45 to -$55M

## Summary
- Q4 2024: total revenue $71.0M (subscr $36.9M, AMG visits $29.2M), gross margin 48%.
- Q4 net loss $44.6M; adj EBITDA -$22.8M, improving from -$31.0M in Q3 2024.
- Full-year 2024: revenue $254.4M, net loss $212.6M, adj EBITDA -$134.4M; total visits 5.9M.
- FY2025 guidance: revenue $250-260M, adj EBITDA -$55M to -$45M; Q1 rev $59-61M, adj EBITDA -$18 to -$20M.
- Cash & short-term securities $228.3M at year-end; targeting positive cash flow in 2026.

## SEC filing metadata
- accession: 0000950170-25-018843
- form_type: 8-K
- ticker: AMWL
- cik: 0001393584
- company_name: American Well Corp
- filed_at: 2025-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393584/000095017025018843/0000950170-25-018843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393584/000095017025018843/amwl-20250212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-018843
- JSON: https://secwatch.observer/filing/0000950170-25-018843.json
- Plain text: https://secwatch.observer/filing/0000950170-25-018843.txt

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