Goosehead Insurance (GSHD) Revenue & Revenue Breakdown
Goosehead Insurance Revenue Highlights
Latest Revenue (Y)
$261.28M
Latest Revenue (Q)
$78.03M
Main Segment (Y)
Renewal Royalty Fees
Goosehead Insurance Revenue by Period
Goosehead Insurance Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $261.28M | 24.78% |
| 2022-12-31 | $209.39M | 38.38% |
| 2021-12-31 | $151.31M | 29.31% |
| 2020-12-31 | $117.01M | 51.01% |
| 2019-12-31 | $77.49M | 28.83% |
| 2018-12-31 | $60.15M | 40.83% |
| 2017-12-31 | $42.71M | 35.66% |
| 2016-12-31 | $31.48M | - |
Goosehead Insurance generated $261.28M in revenue during NA 2023, up 24.78% compared to the previous quarter, and up 434.39% compared to the same period a year ago.
Goosehead Insurance Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $78.03M | -0.07% |
| 2024-06-30 | $78.09M | 21.14% |
| 2024-03-31 | $64.46M | 2.29% |
| 2023-12-31 | $63.01M | -11.29% |
| 2023-09-30 | $71.03M | 2.53% |
| 2023-06-30 | $69.28M | 19.54% |
| 2023-03-31 | $57.95M | 0.96% |
| 2022-12-31 | $57.40M | -0.49% |
| 2022-09-30 | $57.69M | 8.80% |
| 2022-06-30 | $53.02M | 28.45% |
| 2022-03-31 | $41.28M | 2.61% |
| 2021-12-31 | $40.23M | -3.48% |
| 2021-09-30 | $41.68M | 9.19% |
| 2021-06-30 | $38.17M | 22.24% |
| 2021-03-31 | $31.23M | -9.88% |
| 2020-12-31 | $34.65M | 8.23% |
| 2020-09-30 | $32.02M | 6.99% |
| 2020-06-30 | $29.92M | 46.51% |
| 2020-03-31 | $20.43M | -12.62% |
| 2019-12-31 | $23.38M | 10.42% |
| 2019-09-30 | $21.17M | 9.20% |
| 2019-06-30 | $19.39M | -16.20% |
| 2019-03-31 | $23.13M | 57.19% |
| 2018-12-31 | $14.72M | -8.33% |
| 2018-09-30 | $16.05M | 8.56% |
| 2018-06-30 | $14.79M | 1.36% |
| 2018-03-31 | $14.59M | 31.02% |
| 2017-12-31 | $11.13M | 3.03% |
| 2017-09-30 | $10.81M | -0.66% |
| 2017-06-30 | $10.88M | 9.99% |
| 2017-03-31 | $9.89M | - |
Goosehead Insurance generated $78.03M in revenue during Q3 2024, up -0.07% compared to the previous quarter, and up 112.64% compared to the same period a year ago.
Goosehead Insurance Revenue Breakdown
Goosehead Insurance Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| New Business Royalty Fees | $23.17M | $18.24M | - | - | - |
| Other Franchise Revenues | $1.84M | $1.28M | - | - | - |
| Renewal Commissions | $70.73M | $57.54M | - | - | - |
| Renewal Royalty Fees | $107.52M | $77.35M | - | - | - |
| Agency Fees | $8.17M | $10.91M | - | - | - |
| Contingent Commissions | $13.75M | $7.68M | - | - | - |
| Initial Franchise Fees | $11.24M | $10.85M | - | - | - |
| Interest Income1 | $1.44M | $1.40M | - | - | - |
| New Business Commissions | $23.41M | $24.13M | - | - | - |
| Commissions And Agency Fees | - | - | $82.65M | $71.81M | - |
| Franchise | - | - | $67.51M | $44.39M | - |
| Franchise Revenue | - | - | - | - | $30.50M |
| Franchise Fees Receivable | - | - | - | - | $3.78M |
Goosehead Insurance's latest annual revenue breakdown by segment (product or service), as of Dec 23: Renewal Royalty Fees (41.15%), Renewal Commissions (27.07%), New Business Commissions (8.96%), New Business Royalty Fees (8.87%), Contingent Commissions (5.26%), Initial Franchise Fees (4.30%), Agency Fees (3.13%), Other Franchise Revenues (0.71%), and Interest Income1 (0.55%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Income1 | $231.00K | $244.00K | $308.00K | $321.00K | $417.00K | $397.00K | $391.00K | $363.00K | $330.00K | $319.00K | $165.00K | $169.00K | - | - | - | - | - | - | - | - |
| Initial Franchise Fees | $1.41M | $1.63M | $2.46M | $2.43M | $3.29M | $3.06M | $2.91M | $3.06M | $2.59M | $2.30M | - | - | - | - | - | - | - | - | - | - |
| Contingent Commissions | $2.49M | $2.21M | $3.04M | $4.81M | $3.97M | $1.92M | $2.04M | $1.96M | $1.88M | $1.80M | - | - | - | - | - | - | - | - | - | - |
| Agency Fees | $1.99M | $2.14M | $1.53M | $2.01M | $2.40M | $2.23M | $2.42M | $2.74M | $3.11M | $2.64M | - | - | - | - | - | - | - | - | - | - |
| Renewal Royalty Fees | $38.07M | $36.83M | $27.18M | $30.04M | $27.55M | $22.75M | $22.90M | $21.57M | $18.87M | $14.00M | - | - | - | - | - | - | - | - | - | - |
| Renewal Commissions | $20.21M | $20.59M | $17.34M | $19.04M | $18.54M | $15.82M | $16.31M | $16.48M | $14.54M | $10.21M | - | - | - | - | - | - | - | - | - | - |
| Other Franchise Revenues | $385.00K | $598.00K | $326.00K | $349.00K | $581.00K | $587.00K | $348.00K | $426.00K | $145.00K | $360.00K | - | - | - | - | - | - | - | - | - | - |
| New Business Royalty Fees | $6.99M | $7.17M | $5.32M | $5.91M | $6.27M | $5.67M | $4.26M | $4.87M | $4.82M | $4.29M | - | - | - | - | - | - | - | - | - | - |
| New Business Commissions | $6.25M | $6.68M | $5.51M | $6.13M | $6.26M | $5.52M | $5.81M | $6.21M | $6.73M | $5.37M | - | - | - | - | - | - | - | - | - | - |
| Commissions And Agency Fees | - | - | - | - | - | - | - | - | - | - | $21.64M | $22.42M | $21.05M | $17.53M | $22.37M | $7.69M | $11.74M | - | - | - |
| Franchise | - | - | - | - | - | - | - | - | - | - | $18.27M | $18.96M | $16.84M | $13.43M | $12.04M | $5.94M | $9.26M | - | - | - |
| Franchise Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.42M | $11.48M | $8.45M | - | - |
Goosehead Insurance's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Renewal Royalty Fees (48.79%), Renewal Commissions (25.90%), New Business Royalty Fees (8.96%), New Business Commissions (8.01%), Contingent Commissions (3.19%), Agency Fees (2.55%), Initial Franchise Fees (1.81%), Other Franchise Revenues (0.49%), and Interest Income1 (0.30%).
Goosehead Insurance Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AIG | American Group | $47.25B | $6.56B |
| SLF | Sun Life Financial | $32.66B | $7.25B |
| HIG | Hartford Financial Services Group | $24.53B | $6.75B |
| EQH | Equitable | $10.53B | $3.51B |
| WDH | Waterdrop | $2.63B | $704.70M |
| ESGR | Enstar Group | $1.43B | $236.00M |
| IGIC | International General Insurance | $471.60M | $127.90M |
| GSHD | Goosehead Insurance | $261.28M | $78.03M |
| FGF | FG Financial Group | $26.84M | $7.87M |
GSHD Revenue FAQ
What is Goosehead Insurance’s yearly revenue?
Goosehead Insurance's yearly revenue for 2023 was $261.28M, representing an increase of 24.78% compared to 2022. The company's yearly revenue for 2022 was $209.39M, representing an increase of 38.38% compared to 2021. GSHD's yearly revenue for 2021 was $151.31M, representing an increase of 29.31% compared to 2020.
What is Goosehead Insurance’s quarterly revenue?
Goosehead Insurance's quarterly revenue for Q3 2024 was $78.04M, a -0.07% decrease from the previous quarter (Q2 2024), and a 9.86% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $78.09M, a 21.14% increase from the previous quarter (Q1 2024), and a 12.72% increase year-over-year (Q2 2023). GSHD's quarterly revenue for Q1 2024 was $64.46M, a 2.29% increase from the previous quarter (Q4 2023), and a 11.22% increase year-over-year (Q1 2023).
What is Goosehead Insurance’s revenue growth rate?
Goosehead Insurance's revenue growth rate for the last 3 years (2021-2023) was 72.67%, and for the last 5 years (2019-2023) was 237.19%.
What are Goosehead Insurance’s revenue streams?
Goosehead Insurance's revenue streams in c 23 are New Business Royalty Fees, Other Franchise Revenues, Renewal Commissions, Renewal Royalty Fees, Agency Fees, Contingent Commissions, Initial Franchise Fees, Interest Income1, and New Business Commissions. New Business Royalty Fees generated $23.17M in revenue, accounting 8.87% of the company's total revenue, up 26.99% year-over-year. Other Franchise Revenues generated $1.84M in revenue, accounting 0.71% of the company's total revenue, up 44.10% year-over-year. Renewal Commissions generated $70.73M in revenue, accounting 27.07% of the company's total revenue, up 22.92% year-over-year. Renewal Royalty Fees generated $107.52M in revenue, accounting 41.15% of the company's total revenue, up 39.02% year-over-year. Agency Fees generated $8.17M in revenue, accounting 3.13% of the company's total revenue, down -25.09% year-over-year. Contingent Commissions generated $13.75M in revenue, accounting 5.26% of the company's total revenue, up 78.89% year-over-year. Initial Franchise Fees generated $11.24M in revenue, accounting 4.30% of the company's total revenue, up 3.55% year-over-year. Interest Income1 generated $1.44M in revenue, accounting 0.55% of the company's total revenue, up 2.85% year-over-year. New Business Commissions generated $23.41M in revenue, accounting 8.96% of the company's total revenue, down -2.96% year-over-year.
What is Goosehead Insurance’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Goosehead Insurance was Renewal Royalty Fees. This segment made a revenue of $107.52M, representing 41.15% of the company's total revenue.