All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
2 warning events since 2017; the latest 2026-07-21.
From the record
American Well Corporation's filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2024-04-04); an auditor change (8-K item 4.01, the latest 2026-07-21) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+11.8% a year over 8 filed years; profitable in 0 of 8.
From the record
American Well Corporation's 8 filed years say what it did: revenue went from $114 million in fiscal 2018 to $249 million in fiscal 2025, up 11.8% a year; it rose in 4 of 7 years; the deepest fall was 10% from fiscal 2022 to fiscal 2025; net income was positive in 0 of 8 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 3.0/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: American Well Corporation's shareholder treatment is put at 3.0 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 30% of 98 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -39%: lost 39¢ per shareholder dollar. Leverage 23%: owes 23¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, American Well Corporation lost about 39 cents for every dollar of shareholders' money. Leverage: it owed about 23 cents per dollar of assets, and net share issuance: its share count grew 7.0% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 22% of 101 in its family; net margin -38.4%.
From the record
American Well Corporation's standing among 101 graded names in its industry family: revenue of $249 million in fiscal 2025 ranks in the bottom 26% by size; a net margin of -38.4% ranks in the bottom 18%; revenue growth of -3.5% a year over the last 3 filed years ranks in the bottom 22% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 48% of 65 in its family for leadership; chief executive since 2020.
From the record
American Well Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Schoenberg, Ido (Chairman, co-CEO, as filed), filing under that title since 2020-09-16, 6.2 years (top 35% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 6.2 years (top 33%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 13%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 33% of 99 in its family for room to expand.
From the record
American Well Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $183 million against no long-term debt tagged leaves 56.6% of its assets as net cash, top 5% of its family; cash from operations less capital spending is -26.5% of revenue (bottom 15%); research spending of 29.2% of revenue (top 8%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 14% of 99 in its family for growth drivers.
From the record
American Well Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -3.5% a year over the last three filed years against 11.8% over all 8, slowing (bottom 20% of its family); the newest year grew -2% (bottom 21%); research spending grew -19.3% a year (bottom 11%); capital spending grew -58.4% a year (bottom 5%) (its annual reports). American Well Corporation reported 3 product lines in fiscal 2025: Platform Subscription at $132 million (53%), Visits at $94 million (38%), Others at $23 million (9%); 2 of 3 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 30% of 93 in its family for expectations against reality.
From the record
American Well Corporation's newest year against its own record: revenue of $249 million in fiscal 2025 came in 2.3% above the $244 million its prior three years' pace pointed to (top 40% of its family); net income of $96 million against a prior three-year average of $385 million (top 41%); a net margin of -38.4% against losses larger than its revenue before (top 7%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made