---
schema_version: "secwatch.filing_event.v1"
accession: "0001698991-25-000007"
form_type: "8-K"
ticker: "ACEL"
cik: "0001698991"
company_name: "Accel Entertainment, Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:13:37.629799+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Accel Q4 revenue up 6.9% to $317.5M but net income down 47.5%; share repurchase program replenished to $200M

## Summary
- Record Q4 revenue $317.5M (+6.9% YoY); net income $8.4M (-47.5%); adjusted EBITDA $47.4M (+6.2%)
- Full-year revenue $1.23B (+5.2%); net income $35.3M (-22.6%); adjusted EBITDA $189.1M (+4.2%)
- Ended Q4 with 4,117 locations (+3.9%) and 26,346 gaming terminals (+5.0%)
- Board replenished share repurchase program to $200M; repurchased ~$4M in Q4
- Acquired Toucan Gaming (Louisiana) and FanDuel Collinsville casino (IL); casino opening Q2 2025

## SEC filing metadata
- accession: 0001698991-25-000007
- form_type: 8-K
- ticker: ACEL
- cik: 0001698991
- company_name: Accel Entertainment, Inc.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698991/000169899125000007/0001698991-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698991/000169899125000007/acel-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698991-25-000007
- JSON: https://secwatch.observer/filing/0001698991-25-000007.json
- Plain text: https://secwatch.observer/filing/0001698991-25-000007.txt

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