Financial Statements — AMWL
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.20 | 0.18 | 0.20 | 0.22 | 0.22 | 0.24 | 0.28 | 0.31 | 0.32 | 0.16 | 0.11 | 0.33 | 0.26 | 0.18 | 0.79 | 0.98 | 0.90 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | 0.10 | 0.30 | 0.39 | 0.25 | 0.37 | 0.50 | -- | -- | 0.10 |
| Accounts Receivable | 0.05 | 0.06 | 0.06 | 0.05 | 0.07 | 0.09 | 0.08 | 0.08 | 0.05 | 0.05 | 0.06 | 0.05 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 |
| Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Assets | 0.26 | 0.26 | 0.27 | 0.29 | 0.31 | 0.36 | 0.38 | 0.41 | 0.49 | 0.54 | 0.59 | 0.66 | 0.71 | 0.75 | 0.85 | 1.04 | 1.06 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | -- | -- | -- | -- | -- | 0.00 | -- | -- | -- | 0.08 | 0.11 | 0.43 | 0.43 | 0.44 | 0.44 | 0.19 | 0.19 |
| Intangible Assets | 0.06 | 0.06 | 0.07 | 0.08 | 0.09 | 0.11 | 0.11 | 0.11 | 0.13 | 0.13 | 0.14 | 0.13 | 0.14 | 0.15 | 0.16 | 0.05 | 0.05 |
| Total Non-current Assets* | 0.06 | 0.07 | 0.09 | 0.10 | 0.11 | 0.13 | 0.13 | 0.13 | 0.15 | 0.24 | 0.26 | 0.57 | 0.59 | 0.61 | 0.63 | 0.26 | 0.26 |
| Total Assets | 0.33 | 0.33 | 0.36 | 0.39 | 0.42 | 0.48 | 0.51 | 0.55 | 0.64 | 0.77 | 0.85 | 1.23 | 1.30 | 1.36 | 1.48 | 1.29 | 1.32 |
| Accounts Payable | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.09 | 0.08 | 0.09 | 0.09 | 0.11 | 0.12 | 0.12 | 0.11 | 0.10 | 0.11 | 0.12 | 0.11 | 0.12 | 0.13 | 0.13 | 0.09 | 0.10 |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.06 | 0.01 | 0.01 |
| Total Liabilities | 0.09 | 0.09 | 0.09 | 0.09 | 0.11 | 0.13 | 0.13 | 0.13 | 0.12 | 0.13 | 0.14 | 0.13 | 0.14 | 0.15 | 0.19 | 0.10 | 0.11 |
| Retained Earnings | (2.08) | (2.07) | (2.04) | (2.00) | (1.98) | (1.92) | (1.88) | (1.83) | (1.71) | (1.57) | (1.48) | (1.02) | (0.95) | (0.88) | (0.76) | (0.71) | (0.67) |
| Total Stockholder Equity | 0.22 | 0.23 | 0.25 | 0.28 | 0.29 | 0.34 | 0.36 | 0.41 | 0.50 | 0.63 | 0.70 | 1.08 | 1.14 | 1.19 | 1.28 | 1.17 | 1.19 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 52.05 | 54.88 | 55.31 | 56.29 | 70.90 | 66.83 | 71.01 | 61.05 | 62.79 | 59.52 | 70.68 | 61.92 | 62.45 | 64.00 | 79.23 | 69.21 | 64.52 | 64.23 | 72.75 | 62.22 |
| Research & Development | 10.35 | 12.38 | 13.94 | 18.58 | 18.24 | 22.10 | 18.78 | 19.80 | 20.81 | 26.68 | 26.35 | 27.72 | 25.84 | 25.92 | 27.69 | 36.25 | 37.07 | 37.48 | 33.78 | 27.40 |
| Selling, General & Admin | 13.90 | 17.70 | 21.96 | 21.74 | 21.16 | 23.19 | 34.77 | 25.18 | 28.46 | 32.76 | 24.39 | 29.57 | 36.32 | 36.37 | 41.04 | 37.68 | 34.91 | 32.72 | 14.68 | 34.38 |
| Operating Income | (9.56) | (17.42) | (25.15) | (29.33) | (20.38) | (30.41) | (42.76) | (47.37) | (52.38) | (75.03) | (56.95) | (143.36) | (94.51) | (397.32) | (64.84) | (71.12) | (69.40) | (70.48) | (47.42) | (55.45) |
| Pretax Income | (10.17) | (10.08) | (25.60) | (30.69) | (19.53) | (17.01) | (42.33) | (43.49) | (49.71) | (71.25) | (48.78) | (135.38) | (92.17) | (396.38) | (60.83) | (69.89) | (68.64) | (70.37) | (47.21) | (55.83) |
| Tax Provision | (0.55) | 0.22 | (0.63) | 1.22 | (0.72) | 0.57 | 1.53 | (0.15) | 0.10 | 1.27 | 0.55 | 1.12 | 0.72 | 1.48 | (0.16) | 0.10 | 0.46 | (0.33) | (0.33) | (5.45) |
| Net Income | (9.93) | (10.89) | (24.92) | (32.38) | (19.70) | (18.70) | (42.65) | (43.46) | (49.92) | (72.10) | (48.59) | (136.41) | (92.47) | (397.69) | (61.16) | (70.08) | (69.14) | (70.04) | (47.79) | (51.49) |
| Basic EPS | (0.59) | (0.66) | (1.53) | (2.00) | (1.24) | (1.19) | (7.40) | (2.87) | (3.36) | (0.25) | (0.15) | (0.48) | (0.33) | (1.42) | (0.22) | (0.25) | (0.25) | -- | -- | -- |
| Diluted EPS | (0.59) | (0.66) | (1.53) | (2.00) | (1.24) | (1.19) | (7.40) | (2.87) | (3.36) | (0.25) | (0.15) | (0.48) | (0.33) | (1.42) | (0.22) | (0.25) | (0.25) | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 10.72 | (0.98) | (17.35) | (18.77) | (4.72) | (25.11) | (13.43) | (32.35) | (21.79) | (59.76) | (41.58) | (37.99) | (39.63) | (29.15) | (35.95) | (50.98) | (43.21) | (62.19) | (44.92) | (29.22) |
| Capital Expenditures | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.02 | 0.03 | 0.08 | 0.10 | 0.06 | 0.02 | 0.02 | 0.29 | (0.06) | (0.01) | 0.07 | 0.34 | (0.06) |
| Free Cash Flow* | 10.71 | (0.99) | (17.37) | (18.77) | (4.72) | (25.12) | (13.44) | (32.37) | (21.82) | (59.83) | (41.67) | (38.05) | (39.65) | (29.17) | (36.24) | (50.92) | (43.20) | (62.26) | (45.26) | (29.16) |
| Investing Cash Flow | 4.17 | (2.79) | (2.29) | 0.00 | 0.00 | 19.39 | (4.13) | (4.73) | (5.18) | (4.61) | 94.34 | 195.36 | 88.87 | (397.74) | 239.70 | 124.93 | 123.03 | (499.29) | (0.34) | (156.46) |
| Financing Cash Flow | 0.00 | 0.30 | -0.00 | 0.30 | -0.00 | 0.54 | -0.00 | 0.43 | 0.00 | 0.96 | 0.00 | 0.90 | (0.30) | 1.56 | 0.42 | 1.50 | 2.22 | (7.75) | 1.22 | 1.05 |
* Derived from reported values
