---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-061838"
form_type: "8-K"
ticker: "AMWL"
cik: "0001393584"
company_name: "American Well Corp"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:05:55.179543+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Amwell Q1 2025 revenue $66.8M; net loss narrows to $18.4M vs $44.6M prior quarter

## Summary
- Total revenue $66.8M (subscription $32.2M, AMG visits $26.6M); gross margin 53%.
- Net loss ($18.4M) improved from ($44.6M) in Q4 2024; adjusted EBITDA ($12.2M) vs ($22.8M) prior quarter.
- Total visits 1.3M; reiterated FY2025 guidance: revenue $250-260M, adjusted EBITDA ($55M)-($45M).
- Q2 2025 guidance: revenue $62-67M, adjusted EBITDA ($12)-($10)M.
- Management targets positive cash flow from operations in 2026.

## SEC filing metadata
- accession: 0000950170-25-061838
- form_type: 8-K
- ticker: AMWL
- cik: 0001393584
- company_name: American Well Corp
- filed_at: 2025-05-01T23:59:59+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/1393584/000095017025061838/0000950170-25-061838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393584/000095017025061838/amwl-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-061838
- JSON: https://secwatch.observer/filing/0000950170-25-061838.json
- Plain text: https://secwatch.observer/filing/0000950170-25-061838.txt

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