Envestnet (ENV) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Envestnet Revenue Highlights

Latest Revenue (Y)

$1.25B

Latest Revenue (Q)

$340.38M

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
2024-09-30	$340.38M	-2.27%
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 $340.38M in revenue during Q3 2024, up -2.27% compared to the previous quarter, and up 108.95% 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
Recurring Revenue	$1.21B	-	-	-	-
Professional Services And Other Revenues	$35.65M	$426.00K	$5.99M	-	-
Asset Based Revenue	$745.24M	$278.57M	$243.91M	-	-
Subscription and Circulation	$464.73M	$26.93M	$28.90M	-	-
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	Sep 24	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
Asset Based Revenue	$224.98M	$202.62M	$551.34M	$193.90M	$166.41M	$195.92M	$146.15M	$128.72M	-	-	-	-	-	-	-	-	-	-	-	-
Recurring Revenue	$340.38M	$320.08M	$901.13M	$308.84M	$287.65M	$314.00M	$255.23M	$231.60M	-	-	-	-	-	-	-	-	-	-	-	-
Subscription and Circulation	$115.40M	$117.46M	$349.79M	$114.94M	$121.24M	$118.08M	$109.08M	$102.89M	-	-	-	-	-	-	-	-	-	-	-	-
Professional Services And Other Revenues	$5.57M	$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	-	-	-	-

Envestnet's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Recurring Revenue (49.59%), Asset Based Revenue (32.78%), Subscription and Circulation (16.81%), and Professional Services And Other Revenues (0.81%).

Envestnet Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Non-US	$22.37M	$21.53M	$20.27M	$21.18M	$28.67M
UNITED STATES	$1.22B	$1.22B	$1.17B	$977.05M	$871.46M

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	Sep 24	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
Non-US	$6.53M	$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
UNITED STATES	$339.42M	$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

Envestnet's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (98.11%), and Non-US (1.89%).

Envestnet Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ENV	Envestnet	$1.25B	$340.38M
AZPN	Aspen	$1.13B	$215.88M
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	$115.83M
PRO	PROS	$303.71M	$82.70M
MLNK	MeridianLink	$303.62M	$80.37M
AGYS	Agilysys	$237.46M	$68.28M
ENFN	Enfusion	$174.53M	$51.17M
EXFY	Expensify	$150.69M	$35.41M
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 Q3 2024 was $340.38M, a -2.27% decrease from the previous quarter (Q2 2024), and a 7.43% increase year-over-year (Q3 2023). The company'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). ENV'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).

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 Recurring Revenue, Professional Services And Other Revenues, Asset Based Revenue, and Subscription and Circulation. Recurring Revenue generated $1.21B in revenue, accounting 49.27% of the company's total 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. Asset Based Revenue generated $745.24M in revenue, accounting 30.35% of the company's total revenue, up 167.52% year-over-year. Subscription and Circulation generated $464.73M in revenue, accounting 18.93% of the company's total revenue, up 1625.44% 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.