Accolade, Inc.
ACCDIndustrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $414.3M | $363.1M | $310.0M | $170.4M | $132.5M | $94.8M |
| Operating income | −$114.5M | −$463.5M | −$125.7M | −$46.8M | −$48.2M | −$54.0M |
| Net income | −$99.8M | −$459.6M | −$123.1M | −$50.7M | −$51.4M | −$56.5M |
| Total assets | $788.2M | $903.1M | $1.29B | $475.5M | $73.2M | — |
| Total liabilities | $342.7M | $429.3M | $429.7M | $84.7M | $97.0M | — |
| Equity | $445.5M | $473.8M | $855.8M | $390.8M | −$256.8M | −$230.6M |
| EPS (diluted) | $-1.33 | $-6.45 | $-1.93 | $-1.72 | $-9.13 | — |
| Shares out. | 78.4M | 73.6M | 67.3M | 58.7M | 6.0M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −27.6%
- Net margin
- −24.1%
- Return on equity
- −22.4%
- Return on assets
- −12.7%
- Return on capital (ROCE)
- −16.8%
- Liabilities / assets
- 43.5%
- Debt / equity
- 0.77×
- Book value / share
- $5.69
- Revenue growth (YoY)
- 14.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Altman Z″ (distress)
- -2.50distress
- Accruals / assets
- −10.6%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗May 2, 2022
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Goldman Sachs Group IncPassive (13G)Aug 13, 2025
- Glazer Capital, LlcPassive (13G)May 15, 2025
- Alliancebernstein L.P.Passive (13G)May 14, 2025
- Ark Investment Management LlcPassive (13G)May 14, 2025
- Magnetar Financial LlcActivist (13D)Apr 10, 2025
- Integrated Core Strategies (Us) LlcPassive (13G)Jan 30, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Mar 31, 2025 | 2.3M | 3.8 | +11.1% |
| Mar 14, 2025 | 2.0M | 2.3 | +30.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsApr 8, 2025
- Shareholder vote · Regulation FD disclosureMar 27, 2025
- Entered a material agreement · Results of operations · Regulation FD disclosureJan 8, 2025
- Results of operationsOct 8, 2024
- Shareholder voteAug 7, 2024
- Results of operationsJun 27, 2024
- Results of operationsApr 25, 2024
- Results of operationsJan 8, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SCHEDULE 13G/AAug 13, 2025
- SCHEDULE 13G/AMay 15, 2025
- SCHEDULE 13GMay 14, 2025
- SCHEDULE 13G/AMay 14, 2025
- SCHEDULE 13GMay 9, 2025
- 15-12GApr 18, 2025
- SCHEDULE 13D/AApr 10, 2025
- 25-NSEApr 8, 2025
- S-8 POSApr 8, 2025
- S-8 POSApr 8, 2025
- S-8 POSApr 8, 2025
- S-8 POSApr 8, 2025
- S-8 POSApr 8, 2025
- 4Apr 8, 2025
- 4Apr 8, 2025
Event-driven situations (2)
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