NYSE$AMWL
American Well Corp · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
American Well's first quarter performance in 2021 showed revenue growth and increased provider and visit numbers.
Amwell's Q1 2021 results showed a revenue increase of 7% year-over-year to $57.6 million. Total active providers increased by 240% to approximately 81,000, and total visits increased by 120% to 1.6 million. The company's net loss was $39.8 million, and adjusted EBITDA was $(26.4) million, impacted by increased R&D investment in the Converge technology platform.
- Total active providers reached approximately 81,000, a 240% increase year-over-year.
- Total visits amounted to 1.6 million, representing a 120% increase compared to the previous year.
- First quarter revenue increased 7% year-over-year to $57.6 million.
- Net loss was $39.8 million and adjusted EBITDA was $(26.4) million due to increased R&D investment.
Headline financials
Revenue & EPS history
American Well · Revenue · Quarterly
$57.6M
Revenue by segment
American Well · $52.4M total across 2 segments · Q1 2021
- AMG Visit Revenue$27.8M+4.9%53.1%
- Subscription Revenue$24.6M+12.8%46.9%
Forward guidance
Amwell reiterates their previous outlook for 2021.
Tailwinds
- Revenue between $260 and $270 million
- AMG visit volume between 1.5 and 1.7 million
- Adjusted EBITDA between ($157) million and ($147) million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+1.4%
Avg return
Earnings day
+2.1%
Avg return
5 days after
-2.2%
Avg return
30 days after
41%
9 / 22 earnings
Positive
+33.8%
Q2 2024
Best reaction
-20.9%
Q1 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | +27.2% | +34.0% | |
| Q4 2025 | +24.7% | +34.9% | +29.8% | |
| Q3 2025 | -9.5% | -20.0% | -20.6% | |
| Q1 2025 | +19.7% | +9.5% | +8.9% | |
| Q4 2024 | -5.0% | -3.6% | -35.5% | |
| Q3 2024 | -5.0% | -5.4% | -0.7% | |
| Q2 2024 | +33.8% | +13.9% | -1.1% | |
| Q1 2024 | +2.0% | +11.4% | -16.3% | |
| Q4 2023 | +23.6% | +20.8% | -16.0% | |
| Q3 2023 | +14.5% | +4.3% | +11.1% | |
| Q2 2023 | -8.3% | -13.9% | -35.2% | |
| Q1 2023 | -3.9% | -2.9% | +17.9% | |
| Q4 2022 | -13.1% | -19.2% | -37.3% | |
| Q3 2022 | -2.2% | +14.9% | -8.3% | |
| Q2 2022 | +9.2% | +6.8% | -4.8% | |
| Q1 2022 | -10.8% | +8.8% | +37.6% | |
| Q4 2021 | +7.2% | +1.0% | -8.0% | |
| Q3 2021 | -7.4% | -3.7% | -29.7% | |
| Q2 2021 | +0.7% | -1.7% | +0.8% | |
| Q1 2021 | -20.9% | -5.7% | +9.5% | |
| Q4 2020 | -4.1% | -10.8% | -1.5% | |
| Q3 2020 | -11.9% | -19.8% | +17.1% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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