Accolade

OverviewSuggest Edit

Accolade is a company providing personalized health and benefits solutions. It offers Accolade Total Benefits, Accolade Total Care, Accolade Total Health and Benefits, Mental Health Integrated Care, and other platforms that provide consultancy on organizations' benefits plans, clinical guidance, care management, etc.
TypePublic
Founded2007
HQPlymouth Meeting, PA, US
Websiteaccolade.com
Employee Ratings3.5
Overall CultureA-

Latest Updates

Employees (est.) (Nov 2021)2,350(+3%)
Job Openings94
Revenue (FY, 2022)$310 M(+82%)
Share Price (Jul 2022)$9.2
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Accolade

Rajeev Singh

Rajeev Singh

Chief Executive Officer and Board Member
Mike Hilton

Mike Hilton

Chief Innovation Officer
Britt Provost

Britt Provost

Executive Vice President of People and Culture
Eve Stacey

Eve Stacey

Chief Customer Officer
Robert Cavanaugh

Robert Cavanaugh

President
Shantanu Nundy

Shantanu Nundy

Chief Medical Officer
Show more

Accolade Office Locations

Accolade has offices in Plymouth Meeting, Scottsdale, Seattle and Praha
Plymouth Meeting, PA, US (HQ)
660 W Germantown Pike #500
Scottsdale, AZ, US
8777 E Hartford Dr STE 200
Seattle, WA, US
1201 3rd Ave #1700
Praha, CZ
Rohanske nabrezi 678/2
Show all (4)

Accolade Financials and Metrics

Accolade Revenue

Accolade's revenue was reported to be $310.02 m in FY, 2022
USD

Revenue (Q1, 2023)

85.5m

Net income (Q1, 2023)

(342.8m)

EBIT (Q1, 2023)

(346.0m)

Market capitalization (29-Jul-2022)

616.0m

Closing stock price (29-Jul-2022)

9.2

Cash (31-May-2022)

335.6m
Accolade's current market capitalization is $616 m.
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Revenue

94.8m132.5m170.4m310.0m

Revenue growth, %

23%40%29%

Cost of goods sold

60.6m73.7m93.7m

Gross profit

34.2m58.8m76.7m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2023

Revenue

28.8m29.7m29.7m35.9m36.8m38.4m59.5m73.3m83.5m85.5m

Cost of goods sold

17.4m16.8m17.5m22.2m21.1m22.7m35.9m44.3m45.2m

Gross profit

11.3m12.9m12.1m13.7m15.7m15.7m23.6m29.0m38.3m

Gross profit Margin, %

39%43%41%38%43%41%40%40%46%
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Cash

42.7m33.2m433.9m365.9m

Accounts Receivable

371.0k294.0k9.1m21.1m

Prepaid Expenses

2.8m12.9m6.0m9.5m

Current Assets

46.9m48.9m454.0m409.1m
Quarterly
USDQ1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2023

Cash

77.7m222.1m418.9m325.5m384.0m366.0m335.6m

Accounts Receivable

3.0m10.7m15.4m15.3m15.8m21.6m21.7m

Prepaid Expenses

14.2m8.0m6.6m7.4m12.0m12.7m10.3m

Current Assets

96.8m242.8m444.5m453.5m417.6m407.6m377.6m
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Net Income

(56.5m)(51.4m)(50.7m)(123.1m)

Depreciation and Amortization

9.4m8.5m8.2m42.6m

Accounts Payable

1.5m5.8m3.0m(1.9m)

Cash From Operating Activities

(16.5m)(34.2m)(25.2m)(62.3m)
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2023

Net Income

(15.9m)(30.9m)(49.2m)(14.0m)(29.3m)(45.9m)(48.7m)(111.1m)(88.6m)(342.8m)

Depreciation and Amortization

2.2m4.4m6.4m1.9m4.0m6.1m8.7m19.7m31.0m11.6m

Accounts Payable

(52.0k)409.0k4.4m(1.7m)(806.0k)569.0k268.0k(267.0k)(1.9m)(1.3m)

Cash From Operating Activities

(16.9m)(20.4m)(24.0m)(8.3m)(23.4m)(35.6m)(27.6m)(38.6m)(60.1m)(30.5m)
USDFY, 2019

Debt/Equity

-1.2 x

Debt/Assets

0.3 x

Financial Leverage

-4.1 x
Show all financial metrics

Accolade Operating Metrics

Accolade's Enterprise Customers was reported to be 600 in Dec, 2022.
FY, 2019Q3, 2020FY, 2020Mar, 2021Jul, 2021Q2, 2021Oct, 2021FY, 2021Q1, 2022Dec, 2022

Enterprise Customers

2054536094112400600

Members

1.5 m1.7 m2 m2.1 m8.7 m10 m

Patents (US)

433

Trademarks (US)

777

Accolade Acquisitions / Subsidiaries

Company NameDateDeal Size
HealthRevealSeptember 30, 2021
PlushCareJune 09, 2021$414.03 m
2nd.MDMarch 03, 2021$420.09 m
MD InsiderJuly 31, 2019$6.49 m
konciergeMDApril 28, 2014
Accolade Techologies sro
MD Insider, Inc.

Accolade Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Accolade Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Accolade Online and Social Media Presence

Embed Graph

Accolade Company Culture

  • Overall Culture

    A-

    78/100

  • CEO Rating

    A+

    81/100

  • Compensation

    B

    76/100

  • Diversity

    B

    77/100

Learn more on Comparably

Accolade News and Updates

Accolade appoints new chief information security officer

With the addition of senior vice president and CISO, Kelli Burns, Accolade further elevates its focus on trusted, personalized relationships through exceptional information security for its members and customers SEATTLE, July 25, 2022 /PRNewswire/ -- Accolade, Inc. (Nasdaq: ACCD), the...

Rare Metal Blog Award ‘Rosland Capital’ The Accolade of Being a Top 10 Gold IRA Company For 2022, As Ranked by Specialists

New York, July 22, 2022 (GLOBE NEWSWIRE) -- For investors in America with individual retirement accounts (IRAs), the prospect of changing their account in order to invest in physical gold such as coins and bullions can be exciting. A tangible asset, precious metals such as gold historically retain…

Accolade Announces Results for Fiscal First Quarter 2023

SEATTLE, June 30, 2022 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD) today announced financial results for the fiscal first quarter ended May 31, 2022.

Accolade Wines and Treasury Wine Estates Ltd Among Leading Vendors in the UK Wine Market | Globaldata Plc

These companies offer products in the sparkling wine and still wine categories These companies offer products in the sparkling wine and still wine categories

CNA Program Coordinator joins the Accolade Healthcare Team to assist in the creation of an internal CNA school, to combat National staffing shortages

PAXTON, Ill., June 23, 2022 /PRNewswire/ -- Accolade Healthcare is pleased to announce that Terri Richards will serve as our CNA Program Coordinator. Accolade Healthcare is working to launch a new training program to incorporate CNA courses onsite and Terri's experiences made her the...

Accolade to Announce Fiscal First Quarter 2023 Financial Results

SEATTLE, June 21, 2022 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD), a healthcare provider that serves over 600 employers and millions of members, today announced that it will release fiscal first quarter 2023 financial results on Thursday, June 30, 2022, after the market closes. In conjuncti…
Show more

Accolade Frequently Asked Questions

  • When was Accolade founded?

    Accolade was founded in 2007.

  • Who are Accolade key executives?

    Accolade's key executives are Rajeev Singh, Mike Hilton and Britt Provost.

  • How many employees does Accolade have?

    Accolade has 2,350 employees.

  • What is Accolade revenue?

    Latest Accolade annual revenue is $310 m.

  • What is Accolade revenue per employee?

    Latest Accolade revenue per employee is $131.9 k.

  • Who are Accolade competitors?

    Competitors of Accolade include Aetna, Blue Cross Blue Shield Association and Health Advocate.

  • Where is Accolade headquarters?

    Accolade headquarters is located at 660 W Germantown Pike #500, Plymouth Meeting.

  • Where are Accolade offices?

    Accolade has offices in Plymouth Meeting, Scottsdale, Seattle and Praha.

  • How many offices does Accolade have?

    Accolade has 4 offices.