Envestnet (ENV) Revenue & Revenue Breakdown
Envestnet Revenue Highlights
Latest Revenue (Y)
$1.25B
Latest Revenue (Q)
$348.27M
Main Segment (Y)
Recurring Revenue
Main Geography (Y)
UNITED STATES
Envestnet Revenue by Period
Envestnet Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.25B | 0.47% |
| 2022-12-31 | $1.24B | 4.49% |
| 2021-12-31 | $1.19B | 18.86% |
| 2020-12-31 | $998.23M | 10.90% |
| 2019-12-31 | $900.13M | 10.80% |
| 2018-12-31 | $812.36M | 18.82% |
| 2017-12-31 | $683.68M | 18.25% |
| 2016-12-31 | $578.16M | 37.36% |
| 2015-12-31 | $420.92M | 20.69% |
| 2014-12-31 | $348.75M | 43.79% |
| 2013-12-31 | $242.53M | 54.22% |
| 2012-12-31 | $157.27M | 27.67% |
| 2011-12-31 | $123.18M | 25.63% |
| 2010-12-31 | $98.05M | 25.83% |
| 2009-12-31 | $77.92M | -15.15% |
| 2008-12-31 | $91.84M | 12.73% |
| 2007-12-31 | $81.47M | - |
Envestnet generated $1.25B in revenue during NA 2023, up 0.47% compared to the previous quarter, and up 153.33% compared to the same period a year ago.
Envestnet Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $348.27M | 7.18% |
| 2024-03-31 | $324.95M | 2.30% |
| 2023-12-31 | $317.63M | 0.25% |
| 2023-09-30 | $316.85M | 1.41% |
| 2023-06-30 | $312.43M | 4.60% |
| 2023-03-31 | $298.71M | 1.99% |
| 2022-12-31 | $292.87M | -4.51% |
| 2022-09-30 | $306.69M | -3.81% |
| 2022-06-30 | $318.85M | -0.78% |
| 2022-03-31 | $321.36M | 0.55% |
| 2021-12-31 | $319.62M | 5.47% |
| 2021-09-30 | $303.05M | 4.96% |
| 2021-06-30 | $288.74M | 4.96% |
| 2021-03-31 | $275.11M | 4.28% |
| 2020-12-31 | $263.82M | 4.46% |
| 2020-09-30 | $252.56M | 7.33% |
| 2020-06-30 | $235.31M | -4.55% |
| 2020-03-31 | $246.54M | 2.75% |
| 2019-12-31 | $239.94M | 1.63% |
| 2019-09-30 | $236.08M | 5.18% |
| 2019-06-30 | $224.44M | 12.41% |
| 2019-03-31 | $199.67M | -4.96% |
| 2018-12-31 | $210.08M | 3.41% |
| 2018-09-30 | $203.16M | 1.01% |
| 2018-06-30 | $201.12M | 1.57% |
| 2018-03-31 | $198.01M | 8.28% |
| 2017-12-31 | $182.86M | 4.13% |
| 2017-09-30 | $175.61M | 4.90% |
| 2017-06-30 | $167.42M | 6.10% |
| 2017-03-31 | $157.79M | 1.48% |
| 2016-12-31 | $155.48M | 4.24% |
| 2016-09-30 | $149.16M | 5.26% |
| 2016-06-30 | $141.71M | 7.50% |
| 2016-03-31 | $131.82M | 11.30% |
| 2015-12-31 | $118.44M | 14.58% |
| 2015-09-30 | $103.37M | 0.69% |
| 2015-06-30 | $102.66M | 6.44% |
| 2015-03-31 | $96.45M | -0.36% |
| 2014-12-31 | $96.80M | 9.29% |
| 2014-09-30 | $88.58M | 4.42% |
| 2014-06-30 | $84.83M | 8.01% |
| 2014-03-31 | $78.54M | 5.57% |
| 2013-12-31 | $74.40M | 6.47% |
| 2013-09-30 | $69.88M | 35.34% |
| 2013-06-30 | $51.63M | 10.74% |
| 2013-03-31 | $46.63M | 5.06% |
| 2012-12-31 | $44.38M | 4.96% |
| 2012-09-30 | $42.28M | 11.38% |
| 2012-06-30 | $37.96M | 16.30% |
| 2012-03-31 | $32.64M | 6.88% |
| 2011-12-31 | $30.54M | -4.68% |
| 2011-09-30 | $32.04M | 2.25% |
| 2011-06-30 | $31.33M | 7.08% |
| 2011-03-31 | $29.26M | 6.01% |
| 2010-12-31 | $27.60M | 12.34% |
| 2010-09-30 | $24.57M | 1.33% |
| 2010-06-30 | $24.25M | 12.09% |
| 2010-03-31 | $21.63M | -0.75% |
| 2009-12-31 | $21.80M | 10.48% |
| 2009-09-30 | $19.73M | 11.33% |
| 2009-06-30 | $17.72M | -5.14% |
| 2009-03-31 | $18.68M | - |
Envestnet generated $348.27M in revenue during Q2 2024, up 7.18% compared to the previous quarter, and up 116.59% compared to the same period a year ago.
Envestnet Revenue Breakdown
Envestnet Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Professional Services And Other Revenues | $35.65M | $426.00K | $5.99M | - | - |
| Recurring Revenue | $1.21B | - | - | - | - |
| Subscription and Circulation | $464.73M | $26.93M | $28.90M | - | - |
| Asset Based Revenue | $745.24M | $278.57M | $243.91M | - | - |
| Envestnet Data & Analytics | - | $189.99M | $195.35M | - | - |
| Envestnet Wealth Solution | - | $1.05B | $991.17M | - | - |
Envestnet's latest annual revenue breakdown by segment (product or service), as of Dec 23: Recurring Revenue (49.27%), Asset Based Revenue (30.35%), Subscription and Circulation (18.93%), and Professional Services And Other Revenues (1.45%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription and Circulation | $117.46M | $349.79M | $114.94M | $121.24M | $118.08M | $109.08M | $102.89M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Recurring Revenue | $320.08M | $901.13M | $308.84M | $287.65M | $314.00M | $255.23M | $231.60M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Based Revenue | $202.62M | $551.34M | $193.90M | $166.41M | $195.92M | $146.15M | $128.72M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Professional Services And Other Revenues | $4.87M | $27.64M | $8.01M | $5.22M | $5.62M | $8.59M | $8.33M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Envestnet Data And Analytics | - | - | - | $40.85M | $42.05M | $49.36M | $46.85M | $47.80M | $48.32M | $48.44M | $48.70M | $48.27M | $47.63M | $48.12M | $47.86M | - | - | - | - | - |
| Envestnet Wealth Solutions | - | - | - | $271.58M | $256.66M | $257.33M | $272.00M | $273.57M | $254.73M | $240.30M | $226.41M | $204.29M | $187.69M | $198.42M | $188.22M | $176.89M | - | - | - | - |
| Envestnet Data and Analytics | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $47.55M |
Envestnet's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Recurring Revenue (49.62%), Asset Based Revenue (31.41%), Subscription and Circulation (18.21%), and Professional Services And Other Revenues (0.76%).
Envestnet Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $1.22B | $1.22B | $1.17B | $977.05M | $871.46M |
| Non-US | $22.37M | $21.53M | $20.27M | $21.18M | $28.67M |
Envestnet's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (98.20%), and Non-US (1.80%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $319.57M | $312.04M | $311.05M | $306.95M | $293.21M | $286.79M | $300.46M | $314.27M | $316.73M | $314.57M | $298.02M | $283.59M | $270.07M | $258.80M | $247.69M | $230.10M | $240.45M | $233.45M | $228.43M | $217.46M |
| Non-US | $5.38M | $5.59M | $5.80M | $5.49M | $5.49M | $6.08M | $6.23M | $4.58M | $4.63M | $5.05M | $5.03M | $5.15M | $5.03M | $5.02M | $4.87M | $5.21M | $6.09M | $6.49M | $7.65M | $6.98M |
Envestnet's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (98.34%), and Non-US (1.66%).
Envestnet Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ENV | Envestnet | $1.25B | $348.27M |
| AZPN | Aspen | $1.13B | $278.11M |
| MANH | Manhattan Associates | $928.73M | $266.68M |
| CVLT | Commvault Systems | $839.25M | $233.28M |
| ETWO | E2open Parent | $634.55M | $151.16M |
| CVT | Cvent | $630.56M | $166.21M |
| DSGX | Descartes Systems Group | $575.23M | $149.11M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| PRO | PROS | $303.71M | $82.70M |
| MLNK | MeridianLink | $303.62M | $78.68M |
| AGYS | Agilysys | $237.46M | $68.28M |
| ENFN | Enfusion | $174.53M | $49.45M |
| EXFY | Expensify | $150.69M | $33.29M |
| HKIT | Hitek Global | $4.56M | $1.62M |
ENV Revenue FAQ
What is Envestnet’s yearly revenue?
Envestnet's yearly revenue for 2023 was $1.25B, representing an increase of 0.47% compared to 2022. The company's yearly revenue for 2022 was $1.24B, representing an increase of 4.49% compared to 2021. ENV's yearly revenue for 2021 was $1.19B, representing an increase of 18.86% compared to 2020.
What is Envestnet’s quarterly revenue?
Envestnet's quarterly revenue for Q2 2024 was $348.27M, a 7.18% increase from the previous quarter (Q1 2024), and a 11.47% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $324.95M, a 2.30% increase from the previous quarter (Q4 2023), and a 8.79% increase year-over-year (Q1 2023). ENV's quarterly revenue for Q4 2023 was $317.63M, a 0.25% increase from the previous quarter (Q3 2023), and a 8.45% increase year-over-year (Q4 2022).
What is Envestnet’s revenue growth rate?
Envestnet's revenue growth rate for the last 3 years (2021-2023) was 4.98%, and for the last 5 years (2019-2023) was 38.38%.
What are Envestnet’s revenue streams?
Envestnet's revenue streams in c 23 are Professional Services And Other Revenues, Recurring Revenue, Subscription and Circulation, and Asset Based Revenue. Professional Services And Other Revenues generated $35.65M in revenue, accounting 1.45% of the company's total revenue, up 8269.01% year-over-year. Recurring Revenue generated $1.21B in revenue, accounting 49.27% of the company's total revenue Subscription and Circulation generated $464.73M in revenue, accounting 18.93% of the company's total revenue, up 1625.44% year-over-year. Asset Based Revenue generated $745.24M in revenue, accounting 30.35% of the company's total revenue, up 167.52% year-over-year.
What is Envestnet’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Envestnet was Recurring Revenue. This segment made a revenue of $1.21B, representing 49.27% of the company's total revenue.