Company research
Accolade, Inc.
CIK 1481646Updated Sep 24, 2026
Name history
Accolade LLC · through Jan 21, 2010
Filing activity
Latest filing
50 filings on record · SCHEDULE 13G/A, 15-12G, SCHEDULE 13D/A, 25-NSE, S-8 POS, 4.
About the company
Accolade (Nasdaq: ACCD) is a Personalized Healthcare company that provides millions of people and their families with exceptional healthcare experiences so they can live their healthiest lives. Accolade’s employer, health plan, and consumer solutions combine virtual primary care and mental health, expert medical opinion, and best-in-class care navigation. These offerings are built on a platform that is engineered to care through predictive engagement of population health needs, proactive care that improves outcomes and cost savings, and addressing barriers to access and continuity of care. Accolade consistently receives consumer satisfaction ratings of over 90%. For more information, visit accolade.com. Follow us on LinkedIn, X, Instagram, and Facebook.
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 788,151,000Source | 903,069,000Source | 1,285,529,000Source | 475,510,000Source |
| Property, Plant and Equipment, NetUSD | 19,140,000Source | 14,763,000Source | 11,797,000Source | 9,227,000Source |
| GoodwillUSD | 278,191,000Source | 278,191,000Source | 577,896,000Source | 4,013,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 165,407,000Source | 203,202,000Source | 244,690,000Source | 604,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 185,718,000Source | 321,083,000Source | 365,853,000Source | 433,884,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 21,800,000Source | 23,435,000Source | 21,116,000Source | 9,112,000Source |
| Assets, CurrentUSD | 284,912,000Source | 365,949,000Source | 409,137,000Source | 453,981,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 15,808,000Source | 14,149,000Source | 9,468,000Source | 5,957,000Source |
| Operating Lease, Right-of-Use AssetUSD | 28,340,000Source | 29,525,000Source | 33,126,000Source | — |
| Other Assets, NoncurrentUSD | 2,553,000Source | 1,624,000Source | 1,678,000Source | 1,618,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 342,686,000Source | 429,283,000Source | 429,735,000Source | 84,662,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 8,000Source | 7,000Source | 7,000Source | 6,000Source |
| Additional Paid in CapitalUSD | 1,499,603,000Source | 1,428,073,000Source | 1,350,431,000Source | 762,362,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,054,099,000Source | -954,294,000Source | -494,644,000Source | -371,520,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -47,000Source | — | — | — |
| Stockholders' Equity Attributable to ParentUSD | 445,465,000Source | 473,786,000Source | 855,794,000Source | 390,848,000Source |
| Liabilities and EquityUSD | 788,151,000Source | 903,069,000Source | 1,285,529,000Source | 475,510,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 107,850,000Source | 119,414,000Source | 111,753,000Source | 79,075,000Source |
| Operating Lease, Liability, CurrentUSD | 6,651,000Source | 7,284,000Source | 6,589,000Source | — |
| Accounts Payable, CurrentUSD | 13,749,000Source | 10,155,000Source | 7,837,000Source | 7,390,000Source |
| Operating Lease, Liability, NoncurrentUSD | 26,077,000Source | 27,189,000Source | 32,486,000Source | — |
| Other Liabilities, NoncurrentUSD | 156,000Source | 203,000Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 10,736,000Source | 11,744,000Source | 11,000,000Source | 4,845,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | 3,779,000Source | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | -459,650,000Source | -123,124,000Source | -50,652,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 45,164,000Source | 46,377,000Source | 42,608,000Source | 8,212,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 60,941,000Source | 72,644,000Source | 72,939,000Source | 9,576,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | -3,997,000Source | -6,041,000Source | -174,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -16,169,000Source | -40,705,000Source | -62,350,000Source | -25,232,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | — | 259,996,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -63,629,000Source | -7,228,000Source | -263,613,000Source | -2,423,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 4,935,000Source | 2,105,000Source | 2,521,000Source | 1,991,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -55,567,000Source | 3,163,000Source | 257,932,000Source | 428,384,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -135,365,000Source | -44,770,000Source | -68,031,000Source | 400,729,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 185,718,000Source | 321,083,000Source | 365,853,000Source | 433,884,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,640,000Source | 1,640,000Source | 930,000Source | 2,296,000Source |
| Income Taxes Paid, NetUSD | 402,000Source | 157,000Source | 122,000Source | 149,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 60,941,000Source | 72,644,000Source | 72,939,000Source | 9,576,000Source |
| Amortization of Intangible AssetsUSD | 37,795,000Source | 41,488,000Source | 36,590,000Source | 1,450,000Source |
| General and Administrative ExpenseUSD | 62,124,000Source | 81,209,000Source | 99,106,000Source | 31,584,000Source |
| GoodwillUSD | 278,191,000Source | 278,191,000Source | 577,896,000Source | 4,013,000Source |
| Goodwill, Impairment LossUSD | 0Source | 299,705,000Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 1,235,000Source | -3,624,000Source | -5,639,000Source | 4,000Source |
| Net Income (Loss) Attributable to ParentUSD | -99,805,000Source | -459,650,000Source | -123,124,000Source | -50,652,000Source |
| Operating ExpensesUSD | 306,513,000Source | 627,751,000Source | 266,727,000Source | 123,462,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 6,304,000Source |
| Other Nonoperating Income (Expense)USD | 9,931,000Source | -15,000Source | -133,000Source | -147,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | 363,142,000Source | 310,021,000Source | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 414,292,000Source | 363,142,000Source | 310,021,000Source | 170,358,000Source |
| Operating Income (Loss)USD | -114,453,000Source | -463,514,000Source | -125,725,000Source | -46,777,000Source |
| Other Nonoperating Income (Expense)USD | 9,931,000Source | -15,000Source | -133,000Source | -147,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -98,570,000Source | -463,274,000Source | -128,763,000Source | — |
| Income Tax Expense (Benefit)USD | 1,235,000Source | -3,624,000Source | -5,639,000Source | 4,000Source |
| Net Income (Loss) Attributable to ParentUSD | -99,805,000Source | -459,650,000Source | -123,124,000Source | -50,652,000Source |
| Earnings Per Share, BasicUSD per share | -1.33Source | -6.45Source | -1.93Source | — |
| Earnings Per Share, DilutedUSD per share | -1.33Source | -6.45Source | -1.93Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 74,906,938Source | 71,279,831Source | 63,823,270Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 74,906,938Source | 71,279,831Source | 63,823,270Source | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 37,795,000Source | 41,488,000Source | 36,590,000Source | 1,450,000Source |
| Business Combination, Acquisition Related CostsUSD | — | 1,218,000Source | 13,219,000Source | — |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | — | 0Source |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 222,232,000Source | 198,905,000Source | 169,019,000Source | 93,673,000Source |
| Current Income Tax Expense (Benefit)USD | 1,248,000Source | 373,000Source | 402,000Source | 178,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 45,164,000Source | 46,377,000Source | 42,608,000Source | 8,212,000Source |
| General and Administrative ExpenseUSD | 62,124,000Source | 81,209,000Source | 99,106,000Source | 31,584,000Source |
| Goodwill, Impairment LossUSD | 0Source | 299,705,000Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -99,594,000Source | -463,848,000Source | -129,569,000Source | -50,934,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 5,952,000Source | 255,000Source | -2,905,000Source | -3,724,000Source |
| Operating ExpensesUSD | 306,513,000Source | 627,751,000Source | 266,727,000Source | 123,462,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 6,304,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | 363,142,000Source | 310,021,000Source | — |
| Selling and Marketing ExpenseUSD | 100,066,000Source | 99,113,000Source | 86,765,000Source | 33,711,000Source |