---
schema_version: "secwatch.filing_event.v1"
accession: "0001698991-23-000038"
form_type: "8-K"
ticker: "ACEL"
cik: "0001698991"
company_name: "Accel Entertainment, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:42:34.927549+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Accel Entertainment Q2 revenue $292.6M (+28% YoY), net income $10.0M (-56% YoY)

## Summary
- Revenue of $292.6M, up 28% YoY; net income of $10.0M, down 56% YoY due to $4.8M loss on contingent earnout shares.
- Adjusted EBITDA of $46.6M, up 9% YoY from Century acquisition and 0.4% same-store sales growth in Illinois.
- Ended Q2 with 3,655 locations (+5% YoY) and 23,759 gaming terminals (+7% YoY).
- Repurchased ~$8M of Class A-1 common stock in Q2.
- Reached $1.1M settlement with Illinois Gaming Board, included in Q2 results.

## SEC filing metadata
- accession: 0001698991-23-000038
- form_type: 8-K
- ticker: ACEL
- cik: 0001698991
- company_name: Accel Entertainment, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698991/000169899123000038/0001698991-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698991/000169899123000038/acel-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698991-23-000038
- JSON: https://secwatch.observer/filing/0001698991-23-000038.json
- Plain text: https://secwatch.observer/filing/0001698991-23-000038.txt

## Key facts
- Earnings Releases
  Accel Entertainment, Inc. reported second quarter ended June 30, 2023 results: revenue $292.6 million, net income $10.0 million.
  - Period: second quarter ended June 30, 2023
  - Revenue: $292.6 million
  - Net income: $10.0 million
  - Result: reported results
  source text: • Ended Q2 2023 with 3,655 locations; an increase of 5% compared to Q2 2022 • Ended Q2 2023 with 23,759 gaming terminals; an increase of 7% compared to Q2 2022 • Revenue of $292.6 million for Q2 2023, an increase of 28% compared to Q2 2022 • Net income of $10.0 million for Q2 2023; a decrease of 56% compared to Q2 2022 primarily attributable to the $4.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698991/000169899123000038/0001698991-23-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.