Revenue and Cost of Revenues (Tables)

9 Months Ended

Sep. 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 September 30,
	2020						2019
	Envestnet Wealth Solutions		Envestnet Data & Analytics		Consolidated		Envestnet Wealth Solutions		Envestnet Data & Analytics		Consolidated
Revenues:
Asset-based	$	137,744	$	—	$	137,744	$	126,591	$	—	$	126,591
Subscription-based	62,783		45,114		107,897		57,353		43,230		100,583
Total recurring revenues	200,527		45,114		245,641		183,944		43,230		227,174
Professional services and other revenues	3,767		3,151		6,918		4,280		4,626		8,906
Total revenues	$	204,294	$	48,265	$	252,559	$	188,224	$	47,856	$	236,080

	Nine Months Ended September 30,
	2020						2019
	Envestnet Wealth Solutions		Envestnet Data & Analytics		Consolidated		Envestnet Wealth Solutions		Envestnet Data & Analytics		Consolidated
Revenues:
Asset-based	$	394,801	$	—	$	394,801	$	355,595	$	—	$	355,595
Subscription-based	184,516		132,911		317,427		148,457		127,471		275,928
Total recurring revenues	579,317		132,911		712,228		504,052		127,471		631,523
Professional services and other revenues	11,082		11,101		22,183		13,767		14,901		28,668
Total revenues	$	590,399	$	144,012	$	734,411	$	517,819	$	142,372	$	660,191

Summary of revenues from major customers

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

	Three Months Ended				Nine Months Ended
	September 30,				September 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				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
United States	$	247,692	$	228,427	$	718,246	$	638,008
International (1)	4,867		7,653		16,165		22,183
Total revenues	$	252,559	$	236,080	$	734,411	$	660,191

(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 September 30, 2020: 

Years ending December 31,
Remainder of 2020	$	62,167
2021	198,655
2022	141,388
2023	74,195
2024	39,180
Thereafter	31,013
Total	$	546,598

Schedule of costs of revenues by revenue category

The following table summarizes cost of revenues by revenue category:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Asset-based	$	71,133	$	64,339	$	201,600	$	178,474
Subscription-based	7,291		7,278		20,375		21,652
Professional services and other	121		253		352		5,469
Total cost of revenues	$	78,545	$	71,870	$	222,327	$	205,595