An accumulator for a hydraulic system includes a polymer liner defining a cavity. A metal bellows assembly is housed in the cavity and separates the cavity into a first chamber and a second chamber, with the first and second chambers isolated from one another by the bellows assembly. A composite shell substantially encases the liner. The liner and shell are configured so that the first chamber receives hydraulic fluid from and delivers hydraulic fluid through an opening in the liner and the shell as the bellows assembly expands and compresses due to pressurized gas in the second chamber balancing fluid pressure changes in the first chamber. In one embodiment, the metal bellows assembly includes hydroformed bellows.