{"schema_version":"secwatch.filing_event.v1","accession":"0001337619-24-000008","form_type":"8-K","ticker":null,"cik":"0001337619","company_name":"ENVESTNET, INC.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.013139+00:00","generated_at":"2026-06-02T16:56:06.937235+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Envestnet Q1 revenue $325M (+9% YoY), net income $2.5M vs loss; adj. EPS $0.60","bullets":["Total revenue $325.0M, up 9% YoY from $298.7M; asset-based recurring revenue up 15% to 62% of total.","Net income attributable to Envestnet $2.5M ($0.05 diluted EPS) vs net loss of $41.2M ($0.76 loss) a year ago.","Adjusted EBITDA $70.4M, up 30% YoY; adjusted net income $39.4M ($0.60 per diluted share), up 31%.","Free cash flow improved to negative $19.9M from negative $61.7M a year ago, a 68% improvement.","Debt of $892.5M; $500M revolver undrawn; cash and equivalents $61.2M as of March 31, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001337619-24-000008","json":"https://secwatch.observer/filing/0001337619-24-000008.json","markdown":"https://secwatch.observer/filing/0001337619-24-000008.md","text":"https://secwatch.observer/filing/0001337619-24-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1337619/000133761924000008/0001337619-24-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1337619/000133761924000008/env-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T16:56:06.937235+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9764d437e4949f2cd6fd762f9aaae8aeda76a580","claim":"ENVESTNET, INC. reported the three months ended March 31, 2024 results: revenue $325.0, net income $2.5, EPS $0.05 per diluted share.","evidence_excerpt":"for the three months ended March 31, 2024. Three months ended Key Financial Metrics March 31, % (in millions, except per share data) 2024 2023 Change GAAP: Total revenue $ 325.0 $ 298.7 9 % Net income (loss) attributable to Envestnet, Inc. $ 2.5 $ (41.2) 106 % Net income (loss) attributable to Envestnet, Inc. per diluted share $ 0.05 $ (0.76) 107 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1337619/000133761924000008/0001337619-24-000008-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"$325.0"},{"label":"Net income","value":"$2.5"},{"label":"EPS","value":"$0.05 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}