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	2019 - 2020
Period Ending	Mar '25 Mar 31, 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	2019 - 2020
Revenue	274.31	289.43	310.89	290.31	287.42	269.88	Upgrade
Revenue Growth (YoY)	-11.11%	-6.90%	7.09%	1.01%	6.50%	12.72%	Upgrade
Cost of Revenue	69.54	72.72	77.8	85.4	91.64	91.47	Upgrade
Gross Profit	204.77	216.71	233.09	204.91	195.78	178.41	Upgrade
Selling, General & Admin	105.42	110.74	119.43	121.09	106.94	74.08	Upgrade
Research & Development	63.34	67.68	70.3	63.32	61.34	51.7	Upgrade
Operating Expenses	212.26	223.87	234.99	219.97	195.69	147.97	Upgrade
Operating Income	-7.5	-7.15	-1.9	-15.06	0.09	30.44	Upgrade
Interest Expense	-	-	-	-	-0.24	-0.14	Upgrade
Interest & Investment Income	4.39	4.9	4.86	1.93	-	-	Upgrade
Other Non Operating Income (Expenses)	0.15	0.67	3.11	2.54	13.7	0.93	Upgrade
EBT Excluding Unusual Items	-2.96	-1.58	6.06	-10.6	13.56	31.23	Upgrade
Merger & Restructuring Charges	-26.41	-25.71	-8.58	-13.02	-3.08	-20.09	Upgrade
Pretax Income	-29.37	-27.29	-2.52	-23.62	10.48	11.14	Upgrade
Income Tax Expense	1.63	1.4	16.87	-5.84	-0.26	-1.67	Upgrade
Net Income	-31	-28.69	-19.39	-17.78	10.74	12.81	Upgrade
Net Income to Common	-31	-28.69	-19.39	-17.78	10.74	12.81	Upgrade
Net Income Growth	-	-	-	-	-16.16%	-5.93%	Upgrade
Shares Outstanding (Basic)	127	129	133	128	112	93	Upgrade
Shares Outstanding (Diluted)	127	129	133	128	125	103	Upgrade
Shares Change (YoY)	-5.22%	-2.66%	3.60%	2.77%	21.02%	6.36%	Upgrade
EPS (Basic)	-0.24	-0.22	-0.15	-0.14	0.10	0.14	Upgrade
EPS (Diluted)	-0.24	-0.22	-0.15	-0.14	0.09	0.12	Upgrade
EPS Growth	-	-	-	-	-28.36%	-14.47%	Upgrade
Free Cash Flow	41.39	41.76	45.39	21.41	31.87	46.55	Upgrade
Free Cash Flow Per Share	0.33	0.32	0.34	0.17	0.26	0.45	Upgrade
Gross Margin	74.65%	74.88%	74.98%	70.58%	68.12%	66.11%	Upgrade
Operating Margin	-2.73%	-2.47%	-0.61%	-5.19%	0.03%	11.28%	Upgrade
Profit Margin	-11.30%	-9.91%	-6.24%	-6.13%	3.74%	4.75%	Upgrade
Free Cash Flow Margin	15.09%	14.43%	14.60%	7.37%	11.09%	17.25%	Upgrade
EBITDA	36.01	38.29	43.36	20.5	27.49	33.93	Upgrade
EBITDA Margin	13.13%	13.23%	13.95%	7.06%	9.56%	12.57%	Upgrade
D&A For EBITDA	43.51	45.44	45.26	35.56	27.4	3.49	Upgrade
EBIT	-7.5	-7.15	-1.9	-15.06	0.09	30.44	Upgrade
EBIT Margin	-2.73%	-2.47%	-0.61%	-5.19%	0.03%	11.28%	Upgrade
Advertising Expenses	-	47	60.7	69.1	70.2	49.3	Upgrade

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

SEC Filings: 10-K · 10-Q