Goosehead Insurance (GSHD) Revenue & Revenue Breakdown
Goosehead Insurance Revenue Highlights
Latest Revenue (Y)
$261.28M
Latest Revenue (Q)
$78.09M
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 |
|---|---|---|
| 2024-06-30 | $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 $78.09M in revenue during Q2 2024, up 21.14% compared to the previous quarter, and up 134.74% 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 |
|---|---|---|---|---|---|
| Renewal Royalty Fees | $107.52M | $77.35M | - | - | - |
| Initial Franchise Fees | $11.24M | $10.85M | - | - | - |
| Interest Income1 | $1.44M | $1.40M | - | - | - |
| New Business Commissions | $23.41M | $24.13M | - | - | - |
| New Business Royalty Fees | $23.17M | $18.24M | - | - | - |
| Other Franchise Revenues | $1.84M | $1.28M | - | - | - |
| Agency Fees | $8.17M | $10.91M | - | - | - |
| Contingent Commissions | $13.75M | $7.68M | - | - | - |
| Renewal Commissions | $70.73M | $57.54M | - | - | - |
| Franchise | - | - | $67.51M | $44.39M | - |
| Commissions And Agency Fees | - | - | $82.65M | $71.81M | - |
| 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Contingent Commissions | $2.21M | $3.04M | $4.81M | $3.97M | $1.92M | $2.04M | $1.96M | $1.88M | $1.80M | - | - | - | - | - | - | - | - | - | - | - |
| Interest Income1 | $244.00K | $308.00K | $321.00K | $417.00K | $397.00K | $391.00K | $363.00K | $330.00K | $319.00K | $165.00K | $169.00K | $148.00K | - | - | - | - | - | - | - | - |
| Agency Fees | $2.14M | $1.53M | $2.01M | $2.40M | $2.23M | $2.42M | $2.74M | $3.11M | $2.64M | - | - | - | - | - | - | - | - | - | - | - |
| Renewal Royalty Fees | $36.83M | $27.18M | $30.04M | $27.55M | $22.75M | $22.90M | $21.57M | $18.87M | $14.00M | - | - | - | - | - | - | - | - | - | - | - |
| Renewal Commissions | $20.59M | $17.34M | $19.04M | $18.54M | $15.82M | $16.31M | $16.48M | $14.54M | $10.21M | - | - | - | - | - | - | - | - | - | - | - |
| Other Franchise Revenues | $598.00K | $326.00K | $349.00K | $581.00K | $587.00K | $348.00K | $426.00K | $145.00K | $360.00K | - | - | - | - | - | - | - | - | - | - | - |
| New Business Royalty Fees | $7.17M | $5.32M | $5.91M | $6.27M | $5.67M | $4.26M | $4.87M | $4.82M | $4.29M | - | - | - | - | - | - | - | - | - | - | - |
| New Business Commissions | $6.68M | $5.51M | $6.13M | $6.26M | $5.52M | $5.81M | $6.21M | $6.73M | $5.37M | - | - | - | - | - | - | - | - | - | - | - |
| Initial Franchise Fees | $1.63M | $2.46M | $2.43M | $3.29M | $3.06M | $2.91M | $3.06M | $2.59M | $2.30M | - | - | - | - | - | - | - | - | - | - | - |
| Commissions And Agency Fees | - | - | - | - | - | - | - | - | - | $21.64M | $22.42M | $21.05M | $17.53M | $22.37M | $7.69M | $11.74M | $10.76M | - | - | - |
| Franchise | - | - | - | - | - | - | - | - | - | $18.27M | $18.96M | $16.84M | $13.43M | $12.04M | $5.94M | $9.26M | $8.47M | - | - | - |
| Franchise Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.42M | $11.48M | $8.45M | - | - | - |
Goosehead Insurance's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Renewal Royalty Fees (47.16%), Renewal Commissions (26.37%), New Business Royalty Fees (9.18%), New Business Commissions (8.56%), Contingent Commissions (2.83%), Agency Fees (2.74%), Initial Franchise Fees (2.09%), Other Franchise Revenues (0.77%), and Interest Income1 (0.31%).
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 | $6.49B |
| 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 | $78.09M |
| 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 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). The company'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). GSHD's quarterly revenue for Q4 2023 was $63.01M, a -11.29% decrease from the previous quarter (Q3 2023), and a 9.77% increase year-over-year (Q4 2022).
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 Renewal Royalty Fees, Initial Franchise Fees, Interest Income1, New Business Commissions, New Business Royalty Fees, Other Franchise Revenues, Agency Fees, Contingent Commissions, and Renewal Commissions. Renewal Royalty Fees generated $107.52M in revenue, accounting 41.15% of the company's total revenue, up 39.02% 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. 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. 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. Renewal Commissions generated $70.73M in revenue, accounting 27.07% of the company's total revenue, up 22.92% 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.