American Well

Q2 FY2026 EarningsQ2 FY26 results beat consensus on revenue ($52.0M vs. $49.9M expected) and GAAP EPS (-$0.59 vs. -$0.87 expected). Despite a slight gross margin miss at 53.0% vs. 54.1% expected, the company significantly narrowed its net loss and achieved a sequential improvement in Adjusted EBITDA. Management raised the low end of FY26 revenue guidance to $200M-$205M and materially improved Adjusted EBITDA guidance for the full year, reaffirming the goal of positive operating cash flow by Q4.