Segment Information - Reconciliation of Income (Loss) From Operations (Details) $ in Thousands |
3 Months Ended | 9 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Sep. 30, 2024
USD ($)
|
Jun. 30, 2024
USD ($)
|
Mar. 31, 2024
USD ($)
|
Sep. 30, 2023
USD ($)
|
Jun. 30, 2023
USD ($)
|
Mar. 31, 2023
USD ($)
|
Sep. 30, 2024
USD ($)
segment
|
Sep. 30, 2023
USD ($)
|
|
Segment Reporting Information [Line Items] | ||||||||
Number of operating segments | segment | 2 | |||||||
Income (loss) from operations | $ 7,006 | $ 601 | $ (59,833) | $ (25,768) | ||||
Nonsegment operating expenses | (338,943) | (316,246) | (1,079,005) | (953,756) | ||||
Other expense, net | (4,277) | (2,001) | (13,446) | (12,012) | ||||
Income (loss) before income tax provision (benefit) and equity method investments | 2,729 | (1,400) | (73,279) | (37,780) | ||||
Income tax provision (benefit) | 2,864 | (8,824) | 3,717 | 15,363 | ||||
Loss from equity method investments | (1,526) | (2,368) | (3,327) | (7,694) | ||||
Net income (loss) | (1,661) | $ (79,201) | $ 539 | 5,056 | $ (23,132) | $ (42,761) | (80,323) | (60,837) |
Add: Net loss attributable to non-controlling interest | 0 | 2,035 | 1,974 | 5,284 | ||||
Net income (loss) attributable to Envestnet, Inc. | (1,661) | 7,091 | (78,349) | (55,553) | ||||
Operating Segments | Envestnet Wealth Solutions | ||||||||
Segment Reporting Information [Line Items] | ||||||||
Income (loss) from operations | 50,310 | 30,271 | 142,411 | 75,574 | ||||
Operating Segments | Envestnet Data & Analytics | ||||||||
Segment Reporting Information [Line Items] | ||||||||
Income (loss) from operations | (7,506) | (7,994) | (115,023) | (25,208) | ||||
Nonsegment | ||||||||
Segment Reporting Information [Line Items] | ||||||||
Nonsegment operating expenses | $ (35,798) | $ (21,676) | $ (87,221) | $ (76,134) |
X | ||||||||||
- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|