Revenue and Cost of Revenues (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Schedule of disaggregation of revenue by major source

The following table presents the Company’s revenues disaggregated by major source:

	Three Months Ended June 30,
	2020						2019
	Envestnet Wealth Solutions		Envestnet Data & Analytics		Consolidated		Envestnet Wealth Solutions		Envestnet Data & Analytics		Consolidated
Revenues:
Asset-based	$	122,246	$	—	$	122,246	$	120,070	$	—	$	120,070
Subscription-based	61,410		43,569		104,979		50,078		42,180		92,258
Total recurring revenues	183,656		43,569		227,225		170,148		42,180		212,328
Professional services and other revenues	4,029		4,059		8,088		6,742		5,375		12,117
Total revenues	$	187,685	$	47,628	$	235,313	$	176,890	$	47,555	$	224,445

	Six Months Ended June 30,
	2020						2019
	Envestnet Wealth Solutions		Envestnet Data & Analytics		Consolidated		Envestnet Wealth Solutions		Envestnet Data & Analytics		Consolidated
Revenues:
Asset-based	$	257,057	$	—	$	257,057	$	229,004	$	—	$	229,004
Subscription-based	121,733		87,797		209,530		91,104		84,241		175,345
Total recurring revenues	378,790		87,797		466,587		320,108		84,241		404,349
Professional services and other revenues	7,315		7,950		15,265		9,487		10,275		19,762
Total revenues	$	386,105	$	95,747	$	481,852	$	329,595	$	94,516	$	424,111

Summary of revenues from major customers

One customer accounted for more than 10% of the Company’s total revenues:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Fidelity	15	%	15	%	15	%	15	%

Schedule of disaggregation of revenue by geography

The following table presents the Company’s revenues disaggregated by geography, based on the billing address of the customer:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
United States	$	230,102	$	217,462	$	470,554	$	409,581
International (1)	5,211		6,983		11,298		14,530
Total revenues	$	235,313	$	224,445	$	481,852	$	424,111

⁽¹⁾ No foreign country accounted for more than 10% of the Company's total revenues.

Schedule of estimated revenue expected to be recognized in the future

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2020: 

Years ending December 31,
Remainder of 2020	$	114,905
2021	181,322
2022	135,410
2023	65,759
2024	35,319
Thereafter	35,393
Total	$	568,108

Schedule of costs of revenues by revenue category

The following table summarizes cost of revenues by revenue category:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Asset-based	$	61,875	$	60,293	$	130,467	$	114,135
Subscription-based	6,807		6,697		13,084		14,374
Professional services and other	167		5,090		231		5,216
Total cost of revenues	$	68,849	$	72,080	$	143,782	$	133,725