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Accel Entertainment, Inc. (ACEL)

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Accel Entertainment, Inc. (ACEL) reported revenue of $368 million for Q2 FY2026, the quarter ended 30 June 2026, up 9.6% on the same quarter a year earlier. Net income was $12 million, up 70.8% on the year, and diluted earnings per share $0.15. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue$368 millionup 9.6%
Net income$12 millionup 70.8%
Diluted EPS$0.15
QuarterQ2 FY2026ended 30 June 2026

Accel Entertainment (ACEL) in brief

Accel Entertainment (ACEL) reported revenue of $1.3 billion for fiscal 2025, the year ended 31 December 2025, up 8.1% on the year before.
Read moreNet income was $51 million and diluted earnings per share $0.60. Revenue was $1.2 billion in fiscal 2024, $1.2 billion in fiscal 2023, $970 million in fiscal 2022 and $735 million in fiscal 2021. Net income in the same years was $35 million, $46 million, $74 million and $32 million. Over the twelve months to 30 June 2026, Accel Entertainment reported revenue of $1.4 billion and net income of $57 million. Revenue grew 33.3% a year, compounded, over the five years to fiscal 2025. Accel Entertainment had 81 million shares outstanding at the latest filed count. At 30 June 2026 it carried $573 million of debt and $255 million of cash. At the close of 29 October 2026 the market cap of Accel Entertainment was $918 million, 16.9 times its earnings over the last twelve months.

Ratios

From the filings

ROE20.0%
ROCE13.3%
Operating margin8.2%
Net margin4.1%
FCF margin5.7%
Interest covern/a
Debt to equity2.02
Cash conversion2.63
Share count, last 12 months-3.7%
Sales CAGR, 3 years11.1%
Profit CAGR, 3 years-11.4%
EPS, TTM$0.67

At the close of 29 October 2026

Price$11.31
Market cap$918 million
Stock P/E16.88
Price to book3.23
EV / EBITDA7.31
Dividend yieldn/a
Market cap / sales0.66
52-week high$13.41
52-week low$9.61
Price, 1 year12.2%
Price CAGR, 3 years4.6%
Price CAGR, 5 years-1.5%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Accel Entertainment, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
ACELgreeksoup.ai
Daily prices to 29 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on ACEL

Dividendsno dividend in its filings for fiscal 2017 onward
Filings18 in twelve months: 11 current reports (8-K), about 5 regulation FD disclosure; 4 officer or director change; 4 results of operations; 1 shareholder vote; 1 change of auditor
Planned insider sales22 Form 144 notices in twelve months, $19.3 million; latest 11 September 2026
Options tapeput/call 0.06 by open interest at the 29 October 2026 close; the straddle prices a 37.6% move to 20 November 2026
13F holders170 funds reported a position for the quarter to 30 June 2026; largest Darlington Partners Capital Management, LP
Insider trading41 sales and 2 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.6 million shares short, 6.53 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021 †Q4 FY2021 *Q1 FY2022 †Q2 FY2022Q3 FY2022Q4 FY2022 * †Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue193192197228267278293293287297302309302318324336330341352368
Cost of revenue0.01300.00.81.72.41.42.22.12.01.23.21.01.82.10.90.91.70.60.3
Gross profit19362.7197227265276292290285295301306301316322335329340351368
Gross margin100%33%100%100%99%99%100%99%99%99%100%99%100%99%99%100%100%99%100%100%
Operating income18.617.121.227.323.225.127.729.225.125.525.622.721.820.826.026.925.429.727.132.1
Operating margin10%9%11%12%9%9%9%10%9%9%8%7%7%7%8%8%8%9%8%9%
Pre-tax income14.710.120.629.227.417.515.216.115.119.412.218.58.514.619.612.417.822.220.018.4
Tax rate27%32%23%23%18%24%40%38%31%17%39%21%42%42%25%41%25%27%27%32%
Net income10.86.815.822.522.413.49.210.010.416.07.414.64.98.414.67.313.416.214.712.5
Net margin6%4%8%10%8%5%3%3%4%5%2%5%2%3%5%2%4%5%4%3%
Diluted EPS$0.11$0.07$0.17$0.24$0.25$0.15$0.11$0.11$0.12$0.19$0.09$0.17$0.06$0.09$0.17$0.08$0.16$0.19$0.17$0.15
Operating cash flow26.130.522.119.137.029.738.025.928.240.528.828.950.113.544.819.855.231.142.720.0
Capital expenditure7.811.06.86.519.814.421.520.218.621.520.617.516.911.526.826.021.015.122.911.1
Free cash flow18.319.515.312.717.315.316.55.79.619.08.111.433.12.118.0-6.234.216.019.98.9
Buybacks0.09.013.923.025.017.14.28.13.314.46.19.26.24.010.26.76.816.212.15.6
Shares outstanding94m93m92m90m87m87m86m86m85m84m84m83m82m86m85m84m83m82m81m81m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 9 fiscal years and the trailing twelve months

FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Revenue2483354293167359701,1701,2311,3311,391
Cost of revenue1572172820.00.04.87.77.15.63.6
Gross profit91.41181473167359651,1631,2241,3251,387
Gross margin36.8%35.1%34.2%100.0%100.0%99.5%99.3%99.4%99.6%99.7%
Operating income18.224.913.3-24.770.296.910790.9108114
Operating margin7.3%7.4%3.1%-7.8%9.6%10.0%9.2%7.4%8.1%8.2%
Interest expense8.19.612.913.7n/an/an/an/an/an/a
Pre-tax income10.115.2-31.6-17.346.694.865.753.771.978.4
Income tax1.84.45.2-16.915.020.720.118.420.721.8
Effective tax rate17.4%29.0%n/an/a32.2%21.8%30.6%34.3%28.7%27.8%
Net income8.310.8-36.8-0.431.674.145.635.351.556.7
Net margin3.3%3.2%-8.6%-0.1%4.3%7.6%3.9%2.9%3.9%4.1%
Diluted EPS$0.14$0.17-$0.59-$0.16$0.33$0.81$0.53$0.41$0.60$0.67
Filing10-K10-K10-K/A10-K/A10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment FY2024 to FY2025

FY2024FY2025Share
of the parts, latest year
Reportable Segment1,2301,29597.3%
Other Operating Segment1.435.82.7%
Reportable SegmentOther Operating Segment
1,231FY20241,331FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by product or service FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Net gaming1,1141,1731,24393.4%
ATM fees and other19.523.754.94.1%
Amusement24.022.221.71.6%
Manufacturing13.412.210.90.8%
Net gamingATM fees and otherAmusementManufacturing
1,170FY20231,231FY20241,331FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
IL86790796372.4%
MT15416216412.3%
NV1171151098.2%
LA0.05.437.62.8%
NE19.025.433.22.5%
GA8.513.219.91.5%
All other4.24.13.90.3%
ILMTNVLANEGAAll other
1,170FY20231,231FY20241,331FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Operating cash flow33.144.345.6-3.7111108133121151149
Capital expenditure23.623.220.825.829.847.481.766.588.970.1
Free cash flow9.521.124.8-29.581.060.650.854.762.078.9
Free cash flow margin3.8%6.3%5.8%-9.3%11.0%6.3%4.3%4.4%4.7%5.7%
Cash from investing-70.9-73.5-152-61.4-34.5-189-59.8-124-101-87.8
Cash from financing59.146.113974.2-11.9107-35.222.7-35.1-70.4
Depreciation and amortisationn/an/an/an/a24.629.337.944.052.755.0
Share-based compensation0.80.52.25.56.46.89.412.212.213.0
Buybacks0.13.30.00.09.079.030.125.539.940.7
Diluted shares, weighted59m62m62m83m95m91m87m85m86m83m
Shares outstanding at period endn/an/a77m93m93m87mn/an/an/a81m
Filing10-K10-K10-K/A10-K/A10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity44.557.1-43.0128158179198255270284
Redeemable equity430n/an/an/a0.00.00.04.34.14.1
Debtn/a231350340342542543595607573
Operating lease liabilitiesn/an/an/an/an/a3.45.86.15.6n/a
Finance lease liabilitiesn/an/an/an/an/a0.01.20.90.7n/a
Other liabilitiesn/a46.720392.2116139165187216236
Total liabilities and equity4513355095606168639131,0481,1031,097
Owned
Fixed assetsn/a92.4119144152212261308350360
Goodwilln/a0.034.545.846.2101102116114115
Intangible assetsn/a12616716815123.0176203186184
Investmentsn/a0.030.030.132.132.10.0n/an/an/a
Cash and equivalents0.492.2125134199224262281297255
Receivablesn/an/an/an/a5.111.213.510.614.213.9
Inventoryn/an/an/an/a0.06.97.78.18.29.6
Other assets45024.533.438.631.025391.5122133160
Total assets4513355095606168639131,0481,1031,097
Filing10-K10-K10-K/A10-K/A10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a33.3%11.1%8.7%
Profit growth, compoundedn/an/a-11.4%61.0%
Return on equity, averagen/a23.5%18.6%19.1%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Accel Entertainment's revenue in fiscal 2025?

Accel Entertainment (ACEL) reported revenue of $1.3 billion for fiscal 2025, the year ended 31 December 2025, up 8.1% on the year before.

How much did Accel Entertainment earn in fiscal 2025?

Net income was $51 million for fiscal 2025, and diluted earnings per share $0.60.

What is Accel Entertainment's P/E ratio?

At the close of 29 October 2026, Accel Entertainment traded at 16.9 times its earnings over the twelve months to 30 June 2026.

What is Accel Entertainment's market cap?

The market cap of Accel Entertainment was $918 million at the close of 29 October 2026.

How much debt does Accel Entertainment have?

At 30 June 2026 Accel Entertainment carried $573 million of debt and $255 million of cash.

Peers: Entertainment

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Live Nation Entertainment, Inc. LYV$41.9 billionn/a163.6%3.0%10.8%111.76n/a
TKO Group Holdings, Inc. TKO$13.6 billion62.706.8%18.8%5.1%1.36n/a
Liberty Live Holdings, Inc. LLYVA$9.2 billionn/an/a-12.1%n/an/an/a
Sphere Entertainment Co. SPHR$4.1 billionn/a-3.2%-11.4%23.4%0.35n/a
Atlanta Braves Holdings, Inc. BATRA$3.5 billionn/a-12.5%-9.4%6.8%1.54n/a
Pursuit Attractions & Hospitality, Inc. PRSU$1.5 billion41.537.2%15.1%26.4%0.36n/a
United Parks & Resorts Inc. PRKS$1.4 billion12.43n/a19.2%-3.5%n/an/a
Accel Entertainment, Inc. ACEL$918 million16.8820.0%8.2%8.7%2.02n/a
Six Flags Entertainment Corporation FUN$785 millionn/a-1,526.2%-44.2%-3.5%43.34n/a
Angel Studios, Inc. ANGX$696 millionn/an/a-36.6%n/an/an/a
Reservoir Media, Inc. RSVR$632 million74.582.3%21.2%11.4%1.22n/a
Warner Music Group Corp. WMGn/an/a78.7%13.7%12.9%5.522.5%
All 27 in Entertainment
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Netflix Inc. NFLX$254.9 billion17.9450.4%31.3%14.7%0.52n/a
Walt Disney Co. DIS$191.5 billion22.877.8%18.4%4.6%0.42n/a
Live Nation Entertainment, Inc. LYV$41.9 billionn/a163.6%3.0%10.8%111.76n/a
TKO Group Holdings, Inc. TKO$13.6 billion62.706.8%18.8%5.1%1.36n/a
DraftKings Inc. DKNG$10.3 billionn/a-29.3%-2.9%15.0%3.26n/a
Life Time Group Holdings, Inc. LTH$10.2 billion24.6512.1%17.4%13.0%0.43n/a
MSG Knickerbockers Corp. MSGS$9.4 billion1,281.83n/a2.5%11.0%n/a1.8%
Liberty Live Holdings, Inc. LLYVA$9.2 billionn/an/a-12.1%n/an/an/a
Churchill Downs Inc. CHDN$6.2 billion14.1033.0%25.5%4.2%3.420.5%
Vail Resorts Inc. MTN$5.5 billion37.3061.3%14.8%-4.3%13.245.8%
Cinemark Holdings, Inc. CNK$4.8 billion23.70n/an/a4.5%n/a0.9%
Planet Fitness, Inc. PLNT$4.1 billion18.21n/a30.9%12.7%n/an/a
Sphere Entertainment Co. SPHR$4.1 billionn/a-3.2%-11.4%23.4%0.35n/a
Madison Square Garden Entertainment Corp. MSGE$3.9 billion58.78144.6%13.3%12.5%12.47n/a
Lionsgate Studios Corp. LION$3.8 billionn/an/an/an/an/an/a
Atlanta Braves Holdings, Inc. BATRA$3.5 billionn/a-12.5%-9.4%6.8%1.54n/a
Onespaworld Holdings Ltd. OSW$3.0 billion35.8614.9%9.1%9.8%0.12n/a
AMC Entertainment Holdings, Inc. AMC$2.7 billionn/an/a4.4%6.4%n/an/a
StubHub Holdings, Inc. STUB$2.2 billionn/a-108.9%-69.7%n/a0.86n/a
Rush Street Interactive, Inc. RSI$1.6 billion41.2419.3%10.9%38.7%0.00n/a
Pursuit Attractions & Hospitality, Inc. PRSU$1.5 billion41.537.2%15.1%26.4%0.36n/a
United Parks & Resorts Inc. PRKS$1.4 billion12.43n/a19.2%-3.5%n/an/a
Accel Entertainment, Inc. ACEL$918 million16.8820.0%8.2%8.7%2.02n/a
Six Flags Entertainment Corporation FUN$785 millionn/a-1,526.2%-44.2%-3.5%43.34n/a
Angel Studios, Inc. ANGX$696 millionn/an/a-36.6%n/an/an/a
Reservoir Media, Inc. RSVR$632 million74.582.3%21.2%11.4%1.22n/a
Warner Music Group Corp. WMGn/an/a78.7%13.7%12.9%5.522.5%
8 companies share its SEC industry code (Services-Amusement & Recreation Services); the rest are the names nearest in size in its wider industry, Entertainment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20264 August 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-K31 December 20253 March 2026EDGAR
10-Q30 September 20254 November 2025EDGAR
10-Q30 June 20255 August 2025EDGAR
10-Q31 March 20255 May 2025EDGAR
10-K31 December 20243 March 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 202430 July 2024EDGAR
10-Q31 March 20248 May 2024EDGAR