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Vericity (VERY) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

Vericity Revenue Highlights

Latest Revenue (Y)

$177.56M

Latest Revenue (Q)

$45.49M

Main Segment (Y)

Insurance Segment

Vericity Revenue by Period

Vericity Revenue by Year

DateRevenueChange
2023-12-31$177.56M8.33%
2022-12-31$163.91M-7.17%
2021-12-31$176.58M19.45%
2020-12-31$147.83M9.26%
2019-12-31$135.30M9.13%
2018-12-31$123.98M7.00%
2017-12-31$115.87M-

Vericity generated $177.56M in revenue during NA 2023, up 8.33% compared to the previous quarter, and up 143.22% compared to the same period a year ago.

Vericity Revenue by Quarter

DateRevenueChange
2024-03-31$45.49M2.13%
2023-12-31$44.55M2.02%
2023-09-30$43.66M-2.29%
2023-06-30$44.69M0.14%
2023-03-31$44.62M6.31%
2022-12-31$41.98M5.75%
2022-09-30$39.69M-7.11%
2022-06-30$42.73M8.15%
2022-03-31$39.51M-18.43%
2021-12-31$48.44M15.50%
2021-09-30$41.94M-4.62%
2021-06-30$43.97M4.10%
2021-03-31$42.24M10.20%
2020-12-31$38.33M4.91%
2020-09-30$36.53M-0.33%
2020-06-30$36.66M0.95%
2020-03-31$36.31M15.51%
2019-12-31$31.44M-9.18%
2019-09-30$34.62M-3.99%
2019-06-30$36.05M8.62%
2019-03-31$33.19M8.29%
2018-12-31$30.65M-2.64%
2018-09-30$31.48M-1.67%
2018-06-30$32.02M7.35%
2018-03-31$29.82M-

Vericity generated $45.49M in revenue during Q1 2024, up 2.13% compared to the previous quarter, and up 108.38% compared to the same period a year ago.

Vericity Revenue Breakdown

Vericity Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Insurance Segment$112.11M$100.08M$107.96M$108.04M$94.37M
Agency Segment$65.86M$47.95M$52.77M$48.38M$45.62M
Corporate and Other$-401.00K$314.00K$-715.00K--
Corporate---$537.00K$1.21M

Vericity's latest annual revenue breakdown by segment (product or service), as of Dec 23: Insurance Segment (63.13%), Agency Segment (37.09%), and Corporate and Other (-0.23%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Insurance Segment$26.69M$28.56M$26.76M$28.21M$28.58M$31.04M$27.44M$30.72M$26.44M$36.64M$28.04M$30.15M$29.70M$30.74M$28.30M$31.19M$30.51M$24.96M$28.04M$29.47M
Corporate and Other$56.00K$80.00K$79.00K$-57.00K$-503.00K$-137.00K$-383.00K$144.00K$692.00K$351.00K----------
Agency Segment$18.74M$15.90M$16.83M$16.59M$16.55M$11.07M$12.64M$11.86M$12.38M$11.45M$13.80M$14.17M$13.35M$11.66M$12.64M$11.90M$12.18M$10.78M$11.22M$12.31M
Corporate And Other----------$98.00K$-352.00K$-811.00K-------
Corporate-------------$270.00K$45.00K$53.00K$168.00K$561.00K$476.00K$92.00K

Vericity's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Insurance Segment (58.68%), Agency Segment (41.20%), and Corporate and Other (0.12%).

Vericity Revenue Breakdown by Country

Quarterly Revenue by Country

CountryMar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Agency Segment$16.55M$11.07M$12.64M$11.86M$12.38M$11.45M$13.80M$14.17M$13.35M$11.66M$12.64M$11.90M$12.18M$10.78M$11.22M$12.31M
Insurance Segment$28.58M$31.04M$27.44M$30.72M$26.44M$36.64M$28.04M$30.15M$29.70M$30.74M$28.30M$31.19M$30.51M$24.96M$28.04M$29.47M
Corporate and Other$-503.00K$-137.00K$-383.00K$144.00K$692.00K$351.00K----------
Corporate And Other------$98.00K$-352.00K$-811.00K-------
Corporate---------$270.00K$45.00K$53.00K$168.00K$561.00K$476.00K$92.00K

Vericity's latest quarterly revenue breakdown by geography, as of Mar 23: Insurance Segment (64.05%), Agency Segment (37.08%), and Corporate and Other (-1.13%).

Vericity Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PUKPrudential$10.86B$5.37B
CNOCNO Financial Group$4.15B$1.12B
JXNJackson Financial$3.16B$1.25B

VERY Revenue FAQ

What is Vericity’s yearly revenue?

Vericity's yearly revenue for 2023 was $177.56M, representing an increase of 8.33% compared to 2022. The company's yearly revenue for 2022 was $163.91M, representing a decrease of -7.17% compared to 2021. VERY's yearly revenue for 2021 was $176.58M, representing an increase of 19.45% compared to 2020.

What is Vericity’s quarterly revenue?

Vericity's quarterly revenue for Q1 2024 was $45.49M, a 2.13% increase from the previous quarter (Q4 2023), and a 1.95% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $44.54M, a 2.02% increase from the previous quarter (Q3 2023), and a 6.12% increase year-over-year (Q4 2022). VERY's quarterly revenue for Q3 2023 was $43.66M, a -2.29% decrease from the previous quarter (Q2 2023), and a 9.99% increase year-over-year (Q3 2022).

What is Vericity’s revenue growth rate?

Vericity's revenue growth rate for the last 3 years (2021-2023) was 0.56%, and for the last 5 years (2019-2023) was 31.24%.

What are Vericity’s revenue streams?

Vericity's revenue streams in c 23 are Insurance Segment, Agency Segment, and Corporate and Other. Insurance Segment generated $112.1M in revenue, accounting 63.13% of the company's total revenue, up 12.02% year-over-year. Agency Segment generated $65.86M in revenue, accounting 37.09% of the company's total revenue, up 37.34% year-over-year. Corporate and Other generated $-401K in revenue, accounting -0.23% of the company's total revenue, down -227.71% year-over-year.

What is Vericity’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Vericity was Insurance Segment. This segment made a revenue of $112.1M, representing 63.13% of the company's total revenue.