Earnings ·
American Well reports $49.0M Q3 revenue, raises full-year outlook to $204-$206M
AMWLAmerican Well Corp
American Well reported third-quarter 2026 total revenue of $49.0 million, exceeding guidance, driven by subscription revenue of $23.9 million and Amwell Medical Group visit revenue of $23.7 million. The company raised its full-year 2026 revenue outlook to a range of $204 million to $206 million from the previous $200 million to $205 million, while adjusting its adjusted EBITDA forecast to between negative $8 million and negative $7 million. Net loss widened to $11.0 million compared to $9.6 million in the prior quarter. The company also provided fourth-quarter revenue guidance of $48 million to $50 million and expects positive cash flow from operations by year-end. American Well operates a SaaS-based technology-enabled healthcare platform providing telehealth services.