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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	392.43	345.25	280.71	226.31
Revenue Growth (YoY)	39.80%	22.99%	24.04%	-
Cost of Revenue	237.44	213.14	175.16	145.36
Gross Profit	154.99	132.11	105.55	80.95
Selling, General & Admin	67.06	44.42	36.62	30.04
Operating Expenses	93.14	68.55	57.06	60.51
Operating Income	61.85	63.56	48.49	20.43
Interest Expense	-48.54	-50.73	-47.87	-37.5
Other Non Operating Income (Expenses)	1	1.5	0.56	-0.21
Pretax Income	14.31	14.33	1.19	-17.27
Income Tax Expense	6.32	1.63	-3.17	-3.17
Net Income	7.98	12.7	4.36	-14.1
Net Income to Common	7.98	12.7	4.36	-14.1
Net Income Growth	83.14%	191.35%	-	-
Shares Outstanding (Basic)	150	167	167	159
Shares Outstanding (Diluted)	150	167	167	159
Shares Change (YoY)	-10.34%	-0.02%	4.82%	-
EPS (Basic)	0.05	0.08	0.03	-0.09
EPS (Diluted)	0.05	0.08	0.03	-0.09
EPS Growth	104.27%	191.41%	-	-
Free Cash Flow	-30.74	11.39	3.55	-27.16
Free Cash Flow Per Share	-0.21	0.07	0.02	-0.17
Gross Margin	39.50%	38.27%	37.60%	35.77%
Operating Margin	15.76%	18.41%	17.28%	9.03%
Profit Margin	2.04%	3.68%	1.55%	-6.23%
Free Cash Flow Margin	-7.83%	3.30%	1.26%	-12.00%
EBITDA	98.16	96.36	75.67	55.42
EBITDA Margin	25.01%	27.91%	26.96%	24.49%
D&A For EBITDA	36.32	32.8	27.18	34.98
EBIT	61.85	63.56	48.49	20.43
EBIT Margin	15.76%	18.41%	17.28%	9.03%
Effective Tax Rate	44.19%	11.36%	-	-

Updated May 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q