Company Growth (employees)
Envestnet was founded in 1999 and is headquartered in Chicago, US
Envestnet Office Locations
Envestnet has offices in Chicago, Boston, Addison, Denver and in 7 other locations
Chicago, US (HQ)
35 E Upper Wacker Dr
Tucson, US
620 5151 E Broadway Blvd
Thiruvananthapuram, IN
TC 4/2035-1 Kowdiar Post
Sunnyvale, US
306 150 Mathilda Pl
Seattle, US
701 5th Ave
Raleigh, US
1500 One Bank of America Plaza 421 Fayetteville St
Envestnet Financials and Metrics
Envestnet Financials
Envestnet's revenue was reported to be $157.8 m in Q1, 2017
USD
Revenue (Q1, 2017) | 157.8 m |
Gross profit (Q1, 2017) | 108.6 m |
Gross profit margin (Q1, 2017), % | 69% |
Net income (Q1, 2017) | (13.1 m) |
EBIT (Q1, 2017) | (3.4 m) |
Market capitalization (19-Oct-2017) | 2.3 b |
Cash (31-Mar-2017) | 39.5 m |
Envestnet's current market capitalization is $2.3 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 242.5 m | 348.7 m | 420.9 m | 578.2 m |
Revenue growth, % | 44% | 21% | 37% | |
Cost of goods sold | 99 m | 150.1 m | 161.3 m | 180.6 m |
Gross profit | 143.6 m | 198.7 m | 259.6 m | 397.6 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 84.8 m | 88.6 m | 96.5 m | 102.7 m | 103.4 m | 131.8 m | 141.7 m | 149.2 m | 157.8 m |
Cost of goods sold | 38 m | 39.1 m | 38.7 m | 42.5 m | 41 m | 40.2 m | 44.9 m | 47.3 m | 49.2 m |
Gross profit | 46.9 m | 49.5 m | 57.8 m | 60.2 m | 62.3 m | 91.7 m | 96.8 m | 101.9 m | 108.6 m |
Gross profit Margin, % | 55% | 56% | 60% | 59% | 60% | 70% | 68% | 68% | 69% |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 49.9 m | 209.8 m | 51.7 m | 52.6 m |
Inventories | 7.2 m | 7.2 m | 15.2 m | 16.2 m |
Current Assets | 79.4 m | 242 m | 113.6 m | 113.1 m |
PP&E | 12.8 m | 16.6 m | 28.7 m | 33 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 64.5 m | 105.9 m | 209.9 m | 198.9 m | 208.3 m | 36.6 m | 38.5 m | 50.7 m | 39.5 m |
Current Assets | 99.7 m | 141.2 m | 260.8 m | 253.4 m | 259.2 m | 94.9 m | 111.6 m | 112.9 m | 104.4 m |
PP&E | 14.6 m | 16.4 m | 17.1 m | 18.3 m | 18.5 m | 27.1 m | 28.7 m | 32.6 m | 33.5 m |
Goodwill | 74.9 m | 77.9 m | 105 m | 126.4 m | 134.8 m | 426.7 m | 423.5 m | 422.6 m | 432.3 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 3.7 m | 14 m | 4.4 m | (55.6 m) |
Depreciation and Amortization | 15.3 m | 18.7 m | 28 m | 64 m |
Inventories | (1.1 m) | 9.7 m | 14.7 m | (3.3 m) |
Accounts Payable | 2.9 m | (659 k) | 3.1 m | (462 k) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 3.7 m | 3.8 m | 2.5 m | 2.5 m | 3.3 m | (11 m) | (7.9 m) | (4.1 m) | (13.1 m) |
Depreciation and Amortization | 4.6 m | 4.3 m | 5.3 m | 5.7 m | 6.2 m | 16.1 m | 17.1 m | 16.7 m | 15.8 m |
Accounts Payable | 6.7 m | 7.5 m | 5.2 m | 6.4 m | 5.2 m | 10.4 m | 15.9 m | 10.5 m | 12.6 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 53.8 k |
Financial Leverage | 2.1 x |
Envestnet Operating Metrics
Envestnet's Users was reported to be 22 m in FY, 2016, which is a 3% increase from the previous period. Envestnet's Enterprise Customers was reported to be 2.5 k in FY, 2016
| FY, 2011 | FY, 2012 | FY, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Platform Assets | $140 b | $368 b | $537 b | $572.47 b | $621.93 b | $667.74 b | $713 b | $749.17 b | $792.52 b | $788.56 b | $852 b | $880.01 b | $1 t | $1.09 t | $1.1 t | $1.13 t |
Advisors | 19.6 k | 16.09 k | 30.63 k | 32.39 k | 33.53 k | 36.15 k | 40.24 k | 41.33 k | 42.41 k | 43.59 k | 47.33 k | 49.39 k | 51.15 k | 52.05 k | 54.34 k | 55.14 k |
Platform Accounts | 929 k | 1.68 m | 2.24 m | 2.35 m | 2.5 m | 2.73 m | 2.86 m | 2.98 m | 3.07 m | 3.2 m | 3.47 m | 3.64 m | 5.74 m | 5.88 m | 6.1 m | 5.82 m |
Users | 18.4 m | 21.3 m | 22 m |
Envestnet Market Value History
Envestnet Revenue Breakdown
Envestnet Job Categories
Envestnet Median Salaries
Source: 54 public H-1B filings from Envestnet
Market Position of Envestnet
Traffic Overview of Envestnet
Envestnet Online and Social Media Presence
Envestnet News and Updates
September 26, 2017
Envestnet to buy FolioDynamix for $195 mln
Envestnet said Sept. 25 that it will buy FolioDynamix for $195 million. Actua Corp is the seller. FolioDynamix, of Secaucus, New Jersey, provides financial institutions, registered investment advisors, and other wealth management clients with technology software. J.P. Morgan Securities LLC provided …
September 25, 2017
Next-gen banking experiences that customers are demanding now (VB Live)
VB LIVE: The better you understand your users, the more relevant your solutions will be — and the more likely they’ll bank with you instead of the next guy. Learn how AI technology and tools can help you deliver the future-forward financial solutions customers are looking for, when you join this VB …
September 15, 2017
Are banks overlooking strategy when it comes to AI? (VB Live)
VB LIVE: AI apps are shaping up to be an essential part of financial institution and fintech offerings. Yet these innovative solutions are only as useful as the data they can access. Join this VB Live event to learn how predictive analytics and AI can deliver valuable insights and power more persona…
August 31, 2017
AI: The key to creating a next-gen banking experience (VB Live)
VB LIVE: The better you understand your users, the more relevant your financial wellness and chatbot solutions will be and the more meaningful your engagement. Learn how AI helps you detect financial and transactional patterns, predict future events, and become your users’ biggest ally when you join…