Accolade Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020	2016 - 2020
Revenue	17,780	17,492	15,165	13,804	12,932	16,785	Upgrade
Revenue Growth (YoY)	4.82%	15.35%	9.86%	6.74%	-22.96%	-8.64%	Upgrade
Cost of Revenue	8,409	8,376	7,738	7,498	7,202	9,776	Upgrade
Gross Profit	9,371	9,116	7,427	6,306	5,730	7,009	Upgrade
Selling, General & Admin	5,088	5,142	4,186	3,614	3,494	3,986	Upgrade
Other Operating Expenses	863	957	337	226	206	187	Upgrade
Operating Expenses	5,951	6,099	4,523	3,840	3,700	4,173	Upgrade
Operating Income	3,420	3,017	2,904	2,466	2,030	2,836	Upgrade
Interest Expense	-326	-323	-261	-228	-165	-175	Upgrade
Interest & Investment Income	163	234	268	34	10	19	Upgrade
Currency Exchange Gain (Loss)	-118	-105	-50	-12	-2	-61	Upgrade
EBT Excluding Unusual Items	3,139	2,823	2,861	2,260	1,873	2,619	Upgrade
Merger & Restructuring Charges	-313	-555	-188	-311	-132	-284	Upgrade
Gain (Loss) on Sale of Investments	-	79	230	483	21	-	Upgrade
Gain (Loss) on Sale of Assets	-9	-48	-	-	-	-	Upgrade
Other Unusual Items	-	-279	-	-	-	-	Upgrade
Pretax Income	2,817	2,020	2,903	2,432	1,762	2,335	Upgrade
Income Tax Expense	685	415	642	549	346	345	Upgrade
Earnings From Continuing Operations	2,132	1,605	2,261	1,883	1,416	1,990	Upgrade
Earnings From Discontinued Operations	445	350	10,939	1,347	911	-	Upgrade
Net Income to Company	2,577	1,955	13,200	3,230	2,327	1,990	Upgrade
Minority Interest in Earnings	76	13	19	1	-24	-25	Upgrade
Net Income	2,653	1,968	13,219	3,231	2,303	1,965	Upgrade
Net Income to Common	2,653	1,968	13,219	3,231	2,303	1,965	Upgrade
Net Income Growth	54.60%	-85.11%	309.13%	40.29%	17.20%	-14.79%	Upgrade
Shares Outstanding (Basic)	566	571	574	593	598	603	Upgrade
Shares Outstanding (Diluted)	569	574	577	596	602	607	Upgrade
Shares Change (YoY)	-0.97%	-0.57%	-3.19%	-0.91%	-0.79%	-2.26%	Upgrade
EPS (Basic)	4.69	3.44	23.02	5.45	3.85	3.26	Upgrade
EPS (Diluted)	4.67	3.43	22.91	5.42	3.85	3.24	Upgrade
EPS Growth	56.80%	-85.03%	322.75%	40.73%	18.84%	-12.67%	Upgrade
Free Cash Flow	2,741	2,913	274	2,623	3,171	2,545	Upgrade
Free Cash Flow Per Share	4.82	5.08	0.47	4.40	5.27	4.20	Upgrade
Dividend Per Share	2.107	2.100	2.080	2.060	2.020	2.000	Upgrade
Dividend Growth	0.60%	0.96%	0.97%	1.98%	1.00%	2.04%	Upgrade
Gross Margin	52.70%	52.12%	48.98%	45.68%	44.31%	41.76%	Upgrade
Operating Margin	19.23%	17.25%	19.15%	17.86%	15.70%	16.90%	Upgrade
Profit Margin	14.92%	11.25%	87.17%	23.41%	17.81%	11.71%	Upgrade
Free Cash Flow Margin	15.42%	16.65%	1.81%	19.00%	24.52%	15.16%	Upgrade
EBITDA	4,893	4,614	3,869	3,222	2,694	3,577	Upgrade
EBITDA Margin	27.52%	26.38%	25.51%	23.34%	20.83%	21.31%	Upgrade
D&A For EBITDA	1,473	1,597	965	756	664	741	Upgrade
EBIT	3,420	3,017	2,904	2,466	2,030	2,836	Upgrade
EBIT Margin	19.23%	17.25%	19.15%	17.86%	15.70%	16.90%	Upgrade
Effective Tax Rate	24.32%	20.54%	22.12%	22.57%	19.64%	14.77%	Upgrade

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.