Accolade
- Enterprise Customers600Dec, 2022
- Revenue$310 MFY, 2022
- Market Capitalization$616 M2022-07-29
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.
| Type | Public | |
| Founded | 2007 | |
| HQ | Plymouth Meeting, PA, US | Map |
| Website | accolade.com | |
| Employee Ratings | ||
| Overall Culture | A- | More |
Recent NewsAll News
- Accolade appoints new chief information security officer
- Rare Metal Blog Award ‘Rosland Capital’ The Accolade of Being a Top 10 Gold IRA Company For 2022, As Ranked by Specialists
- Accolade Announces Results for Fiscal First Quarter 2023
- Accolade Wines and Treasury Wine Estates Ltd Among Leading Vendors in the UK Wine Market | Globaldata Plc
Key People/Management at Accolade
Rajeev Singh
Chief Executive Officer and Board Member
Mike Hilton
Chief Innovation Officer
Britt Provost
Executive Vice President of People and Culture
Eve Stacey
Chief Customer Officer
Robert Cavanaugh
President
Shantanu Nundy
Chief Medical Officer
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
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
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 | Q1, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 28.8m | 29.7m | 29.7m | 35.9m | 36.8m | 38.4m | 59.5m | 73.3m | 83.5m | 85.5m |
Cost of goods sold | 17.4m | 16.8m | 17.5m | 22.2m | 21.1m | 22.7m | 35.9m | 44.3m | 45.2m | |
Gross profit | 11.3m | 12.9m | 12.1m | 13.7m | 15.7m | 15.7m | 23.6m | 29.0m | 38.3m | |
Gross profit Margin, % | 39% | 43% | 41% | 38% | 43% | 41% | 40% | 40% | 46% |
Annual
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 | Q1, 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 | 2.2m | 4.4m | 6.4m | 1.9m | 4.0m | 6.1m | 8.7m | 19.7m | 31.0m | 11.6m |
Accounts Payable | (52.0k) | 409.0k | 4.4m | (1.7m) | (806.0k) | 569.0k | 268.0k | (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) |
| USD | FY, 2019 |
|---|---|
Debt/Equity | -1.2 x |
Debt/Assets | 0.3 x |
Financial Leverage | -4.1 x |
Accolade Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| HealthReveal | September 30, 2021 | |
| PlushCare | June 09, 2021 | $414.03 m |
| 2nd.MD | March 03, 2021 | $420.09 m |
| MD Insider | July 31, 2019 | $6.49 m |
| konciergeMD | April 28, 2014 | |
| Accolade Techologies sro | ||
| MD Insider, Inc. |
Accolade Cybersecurity Score
Accolade Environment, Social & Governance (ESG) Ratings
Accolade Online and Social Media Presence
26 Twitter followers
Accolade has 26 Twitter Followers. The number of followers has decreased 2.9% quarter over quarter
Accolade's Trends
Accolade Company Culture
Overall Culture
A-
78/100
CEO Rating
A+
81/100
Compensation
B
76/100
Diversity
B
77/100
Accolade News and Updates
July 25, 2022
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...
July 22, 2022
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…
June 30, 2022
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.
June 30, 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
June 23, 2022
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...
June 21, 2022
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…
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.
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