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 Ratings3.4
Overall CultureA-

Latest Updates

Employees (est.) (Nov 2019)1,174(+56%)
Job Openings248
Revenue (FY, 2021)$170.4 M(+29%)
Share Price (Jan 2022)$19.2(+8%)
Cybersecurity ratingBMore
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Key People/Management at Accolade

Rajeev Singh

Rajeev Singh

Chief Executive Officer and Director
Mike Hilton

Mike Hilton

Chief Innovation 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, PA, US (HQ)
660 W Germantown Pike #500
Scottsdale, AZ, US
8777 E Hartford Dr #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 $170.36 m in FY, 2021
USD

Revenue (FY, 2021)

170.4m

Net income (FY, 2021)

(50.7m)

EBIT (FY, 2021)

(46.8m)

Market capitalization (24-Jan-2022)

1.2b

Closing stock price (24-Jan-2022)

19.2

Cash (28-Feb-2021)

433.9m
Accolade's current market capitalization is $1.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

76.8m94.8m132.5m170.4m

Revenue growth, %

23%40%

Cost of goods sold

53.4m60.6m73.7m

Gross profit

23.4m34.2m58.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

18.4m20.3m21.0m28.8m29.7m29.7m35.9m36.8m38.4m

Cost of goods sold

13.2m13.8m16.0m17.4m16.8m17.5m22.2m21.1m

Gross profit

5.2m6.6m5.0m11.3m12.9m12.1m13.7m15.7m

Gross profit Margin, %

28%32%24%39%43%41%38%43%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

13.5m42.7m33.2m433.9m

Accounts Receivable

6.6m371.0k294.0k9.1m

Prepaid Expenses

2.4m2.8m12.9m6.0m

Current Assets

23.4m46.9m48.9m454.0m
Quarterly
USDQ1, 2021Q2, 2021Q3, 2021

Cash

77.7m222.1m418.9m

Accounts Receivable

3.0m10.7m15.4m

Prepaid Expenses

14.2m8.0m6.6m

Current Assets

96.8m242.8m444.5m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

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

Depreciation and Amortization

9.4m8.5m8.2m

Accounts Payable

1.5m5.8m3.0m

Cash From Operating Activities

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

Net Income

(15.9m)(30.9m)(14.0m)(29.3m)(45.9m)

Depreciation and Amortization

2.2m4.4m1.9m4.0m6.1m

Accounts Payable

(52.0k)409.0k(1.7m)(806.0k)569.0k

Cash From Operating Activities

(16.9m)(20.4m)(8.3m)(23.4m)(35.6m)
USDFY, 2018

Debt/Equity

-0.1 x

Debt/Assets

0.4 x

Financial Leverage

-0.3 x
Show all financial metrics

Accolade Operating Metrics

Accolade's Enterprise Customers was reported to be 94 in Oct, 2020.
FY, 2018FY, 2019FY, 2020Mar, 2020Jul, 2020Oct, 2020

Annual Contract Value

$90.1 m$121.5 m$161.4 m

Enterprise Customers

152054536094

Members

1.5 m1.7 m2 m
Show all operating metrics

Accolade Acquisitions / Subsidiaries

Company NameDateDeal Size
PlushCareJune 09, 2021$450 m
MD InsiderJuly 31, 2019$6.49 m
konciergeMDApril 28, 2014

Accolade Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Accolade Online and Social Media Presence

Embed Graph

Accolade Company Culture

  • Overall Culture

    A-

    76/100

  • CEO Rating

    A+

    80/100

  • Compensation

    B

    77/100

  • Diversity

    B

    76/100

Learn more on Comparably

Accolade News and Updates

Accolade Announces Results for Fiscal Third Quarter 2022

SEATTLE, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD) today announced financial results for the fiscal third quarter ended November 30, 2021.

Accolade to Announce Fiscal Third Quarter 2022 Financial Results

SEATTLE, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD), the company reinventing healthcare by helping people live their healthiest lives, today announced that it will release fiscal third quarter 2022 financial results on Monday, January 10, 2022, after the market closes. In conj…

PlanSource Welcomes Accolade to Partner Marketplace

Accolade brings benefits technology and healthcare navigation together to help every person live their healthiest life Accolade brings benefits technology and healthcare navigation together to help every person live their healthiest life

Accolade to Showcase Personalized Healthcare for Employers and Health Plans at HLTH Boston 2021

SEATTLE, Oct. 14, 2021 /PRNewswire/ -- Accolade, Inc. (Nasdaq: ACCD), a healthcare provider that serves over 400 employers and millions of members, will be at HLTH Boston 2021 to engage in discussions about how companies can improve care, clinical outcomes, and lower costs. Please join us...

Accolade Announces Results for Fiscal Second Quarter 2022

SEATTLE, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Accolade, Inc. (NASDAQ: ACCD) today announced financial results for the fiscal second quarter ended August 31, 2021.

The South African / USA "Adventures of Zizwe" Spiritual "heroines" Animation Series Wins at the Prestigious Accolade Global Film Festival

ATLANTA and JOHANNESBURG, Oct. 6, 2021 /PRNewswire/ -- Robyn Stalson and Kevin Johns, creators of the spiritual animation series, and Rox Dare, Director of The Adventures of Zizwe, have won a prestigious Award of Recognition from The Accolade Global Film Festival. The webisode introduces...
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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 1,174 employees.

  • What is Accolade revenue?

    Latest Accolade annual revenue is $170.4 m.

  • What is Accolade revenue per employee?

    Latest Accolade revenue per employee is $145.1 k.

  • Who are Accolade competitors?

    Competitors of Accolade include Aetna, Quantum Health 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.