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, and other platforms that provide consultancy on organizations' benefits plans, clinical guidance, care management, etc.

TypePublic
Founded2007
HQPlymouth Meeting, USMap
Websiteaccolade.com
Employee Ratings3.2More
Overall CultureC+More
View Jobs (65)

Recent NewsAll News

Latest Updates

Employees (est.) (Jul 2020)965(+3%)
Job Openings65
Revenue (FY, 2019)$94.8 M(+24%)
Share Price (Nov 2020)$48.9 (+7%)
Cybersecurity ratingCMore

Key People/Management at Accolade

Rajeev Singh

Rajeev Singh

Chief Executive Officer and Director
Mike Hilton

Mike Hilton

Chief Product Officer
Britt Provost

Britt Provost

Executive Vice President of People and Culture
Robert Cavanaugh

Robert Cavanaugh

President
Shantanu Nundy

Shantanu Nundy

Chief Medical Officer, Advisor
Carolyn Young

Carolyn Young

Chief Actuary
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Accolade Office Locations

Accolade has offices in Plymouth Meeting, Scottsdale, Seattle and Praha
Plymouth Meeting, US (HQ)
660 W Germantown Pike #500
Scottsdale, US
8777 E Hartford Dr #200
Seattle, US
1201 3rd Ave #1700
Praha, CZ
Rohanské nábř. 678
Show all (4)

Accolade Financials and Metrics

Accolade Revenue

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Accolade's revenue was reported to be $94.81 m in FY, 2019 which is a 23.4% increase from the previous period.
USD

Revenue (Q2, 2021)

36.8m

Net income (Q2, 2021)

(15.4m)

EBIT (Q2, 2021)

(12.9m)

Market capitalization (20-Nov-2020)

2.5b

Closing stock price (20-Nov-2020)

48.9

Cash (31-Aug-2020)

222.1m
Accolade's current market capitalization is $2.5 b.
Annual
USDFY, 2018FY, 2019

Revenue

76.8m94.8m

Revenue growth, %

23%

Cost of goods sold

53.4m60.6m

Gross profit

23.4m34.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

18.4m20.3m21.0m35.1m28.8m29.7m29.7m35.9m36.8m

Cost of goods sold

13.2m13.8m16.0m17.6m17.4m16.8m17.5m

Gross profit

5.2m6.6m5.0m17.5m11.3m12.9m12.1m

Gross profit Margin, %

28%32%24%50%39%43%41%
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Annual
USDFY, 2018FY, 2019

Cash

13.5m42.7m

Accounts Receivable

6.6m371.0k

Prepaid Expenses

2.4m2.8m

Current Assets

23.4m46.9m
Quarterly
USDQ3, 2020Q1, 2021Q2, 2021

Cash

39.7m77.7m222.1m

Accounts Receivable

351.0k3.0m10.7m

Prepaid Expenses

4.7m14.2m8.0m

Current Assets

46.2m96.8m242.8m
show all
Annual
USDFY, 2018FY, 2019

Net Income

(61.3m)(56.5m)

Depreciation and Amortization

8.0m9.4m

Accounts Payable

293.0k1.5m

Cash From Operating Activities

(38.3m)(16.5m)
Quarterly
USDQ3, 2019Q3, 2020Q1, 2021Q2, 2021

Net Income

(49.5m)(49.2m)(14.0m)(29.3m)

Depreciation and Amortization

6.9m6.4m1.9m4.0m

Accounts Payable

1.5m4.4m(1.7m)(806.0k)

Cash From Operating Activities

(17.8m)(24.0m)(8.3m)(23.4m)
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USDFY, 2018

Debt/Equity

-0.1 x

Debt/Assets

0.4 x

Financial Leverage

-0.3 x
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Accolade Operating Metrics

Accolade's Enterprise Customers was reported to be 53 in Mar, 2020.
Mar, 2020

Enterprise Customers

53

Members

1.50 m
Show all operating metrics

Accolade Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

Learn more about our premium products
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Accolade Online and Social Media Presence

Accolade's Trends

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Accolade Company Culture

  • Overall Culture

    C+

    69/100

  • CEO Rating

    A

    79/100

  • Compensation

    C+

    71/100

Learn more on Comparably

Accolade News and Updates

November 20, 2020

Accolade to Participate in the Piper Sandler 32nd Annual Virtual Healthcare Conference

SEATTLE, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD), which provides personalized, technology-enabled solutions that help people better understand, navigate, and utilize the healthcare system and their workplace benefits, will participate in the Piper Sandler 32nd Annual Virtua…
October 28, 2020

Accolade to Participate in the 29th Annual Credit Suisse Healthcare Conference

SEATTLE, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD), which provides personalized, technology-enabled solutions that help people better understand, navigate, and utilize the healthcare system and their workplace benefits, will participate in the virtual 29th Annual Credit Suiss…
October 19, 2020

Accolade Announces Proposed Public Offering of Common Stock

SEATTLE, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Accolade, Inc. (“Accolade”), which provides personalized, technology-enabled solutions that help people better understand, navigate, and utilize the healthcare system and their workplace benefits, today announced it has filed a registration statement on F…
October 14, 2020

Accolade Announces Results for Fiscal Second Quarter 2021

SEATTLE, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD), which provides personalized, technology-enabled solutions that help people better understand, navigate, and utilize the healthcare system and their workplace benefits, today announced financial results for the fiscal second …
September 24, 2020

Accolade to Announce Fiscal Second Quarter 2021 Financial Results

SEATTLE, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD), which provides personalized, technology-enabled solutions that help people better understand, navigate, and utilize the healthcare system and their workplace benefits, today announced that it will release fiscal second quar…
September 18, 2020

Accolade tapped Ginger to offer mental health services to its employer partners

Summary List PlacementHealth benefits company Accolade partnered with fast-growing telemental health startup Ginger to roll out app-based mental health offerings as an additional benefit to its 1.7 million members via employer partnerships. Accolade's platform will be enhanced with Ginger's on-dema…
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 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 965 employees.

  • What is Accolade revenue?

    Latest Accolade annual revenue is $94.8 m.

  • What is Accolade revenue per employee?

    Latest Accolade revenue per employee is $98.3 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.