Accolade Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	2,865	2,704	2,496	2,233	2,124	2,124	Upgrade
Revenue Growth (YoY)	10.13%	8.31%	11.80%	5.12%	0.03%	12.06%	Upgrade
Cost of Revenue	2,170	2,048	1,876	1,681	1,574	1,548	Upgrade
Gross Profit	694.92	655.21	620.59	551.94	550.28	575.4	Upgrade
Selling, General & Admin	363.24	317.88	300.59	230.23	137.45	199.54	Upgrade
Research & Development	11.3	7.48	7.61	9.54	11.06	14.19	Upgrade
Operating Expenses	374.54	325.36	308.2	239.77	148.51	213.73	Upgrade
Operating Income	320.38	329.85	312.4	312.17	401.77	361.67	Upgrade
Interest Expense	-38.93	-39.48	-47.04	-36.41	-35.76	-31.01	Upgrade
Interest & Investment Income	2.44	2.55	2.36	0.76	0.42	0.52	Upgrade
Earnings From Equity Investments	66.28	55.93	50.81	45.97	33.5	27.15	Upgrade
Currency Exchange Gain (Loss)	-33.5	1.7	1.8	-1.4	1.8	-0.6	Upgrade
Other Non Operating Income (Expenses)	41.21	2.55	2.11	-1.19	5.47	3.09	Upgrade
EBT Excluding Unusual Items	357.89	353.11	322.43	319.9	407.19	360.81	Upgrade
Gain (Loss) on Sale of Investments	0.38	-	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	0.02	-4.39	-1.03	-5.52	3.53	1.36	Upgrade
Other Unusual Items	-	-	-	-	-15.01	-	Upgrade
Pretax Income	358.29	348.72	321.4	314.38	395.71	362.17	Upgrade
Income Tax Expense	63.58	66.42	75.08	75.76	89.43	82.98	Upgrade
Earnings From Continuing Operations	294.71	282.3	246.32	238.62	306.29	279.2	Upgrade
Net Income to Company	294.71	282.3	246.32	238.62	306.29	279.2	Upgrade
Minority Interest in Earnings	-0.36	-0.36	-0.47	-0.43	-0.42	-0.53	Upgrade
Net Income	294.35	281.94	245.85	238.19	305.87	278.67	Upgrade
Net Income to Common	294.35	281.94	245.85	238.19	305.87	278.67	Upgrade
Net Income Growth	10.00%	14.68%	3.21%	-22.13%	9.76%	14.16%	Upgrade
Shares Outstanding (Basic)	92	92	92	91	94	95	Upgrade
Shares Outstanding (Diluted)	92	92	92	92	95	96	Upgrade
Shares Change (YoY)	-0.06%	-0.02%	0.19%	-2.98%	-1.26%	-0.09%	Upgrade
EPS (Basic)	3.21	3.08	2.68	2.60	3.24	2.92	Upgrade
EPS (Diluted)	3.21	3.07	2.68	2.60	3.24	2.91	Upgrade
EPS Growth	9.93%	14.55%	3.08%	-19.75%	11.34%	14.12%	Upgrade
Free Cash Flow	360.28	254.78	212.42	46.39	74.97	-58.59	Upgrade
Free Cash Flow Per Share	3.92	2.77	2.31	0.51	0.79	-0.61	Upgrade
Dividend Per Share	0.980	0.960	0.920	0.880	0.840	0.760	Upgrade
Dividend Growth	4.25%	4.35%	4.54%	4.76%	10.53%	11.77%	Upgrade
Gross Margin	24.26%	24.23%	24.86%	24.72%	25.91%	27.10%	Upgrade
Operating Margin	11.19%	12.20%	12.51%	13.98%	18.92%	17.03%	Upgrade
Profit Margin	10.28%	10.43%	9.85%	10.67%	14.40%	13.12%	Upgrade
Free Cash Flow Margin	12.58%	9.42%	8.51%	2.08%	3.53%	-2.76%	Upgrade
EBITDA	413.76	414.21	390.96	386.01	470.85	422.34	Upgrade
EBITDA Margin	14.44%	15.32%	15.66%	17.29%	22.17%	19.89%	Upgrade
D&A For EBITDA	93.37	84.36	78.57	73.84	69.08	60.67	Upgrade
EBIT	320.38	329.85	312.4	312.17	401.77	361.67	Upgrade
EBIT Margin	11.19%	12.20%	12.51%	13.98%	18.92%	17.03%	Upgrade
Effective Tax Rate	17.75%	19.05%	23.36%	24.10%	22.60%	22.91%	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.