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Huize (HUIZ) Revenue & Revenue Breakdown

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Huize Revenue Highlights

Latest Revenue (Y)

$1.20B

Latest Revenue (Q)

$310.31M

Main Segment (Y)

Health Insurance Product Line

Main Geography (Y)

HONG KONG

Huize Revenue by Period

Huize Revenue by Year

DateRevenueChange
2023-12-31$1.20B3.25%
2022-12-31$1.16B-48.42%
2021-12-31$2.25B83.98%
2020-12-31$1.22B22.84%
2019-12-31$993.32M95.22%
2018-12-31$508.83M93.23%
2017-12-31$263.33M-

Huize generated $1.20B in revenue during NA 2023, up 3.25% compared to the previous quarter, and up 234.96% compared to the same period a year ago.

Huize Revenue by Quarter

DateRevenueChange
2024-03-31$310.31M31.48%
2023-12-31$236.01M-19.30%
2023-09-30$292.44M-20.57%
2023-06-30$368.19M23.18%
2023-03-31$298.91M15.67%
2022-12-31$258.41M-26.54%
2022-09-30$351.79M41.72%
2022-06-30$248.22M-17.12%
2022-03-31$299.48M-69.33%
2021-12-31$976.33M209.87%
2021-09-30$315.08M44.12%
2021-06-30$218.62M-70.25%
2021-03-31$734.98M89.39%
2020-12-31$388.07M11.37%
2020-09-30$348.45M48.27%
2020-06-30$235.00M-5.50%
2020-03-31$248.69M-3.71%
2019-12-31$258.26M-8.93%
2019-09-30$283.59M41.87%
2019-06-30$199.90M-20.54%
2019-03-31$251.57M40.45%
2018-12-31$179.12M21.10%
2018-09-30$147.91M-

Huize generated $310.31M in revenue during Q1 2024, up 31.48% compared to the previous quarter, and up 120.08% compared to the same period a year ago.

Huize Revenue Breakdown

Huize Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Health Insurance Product Line$1.06B$1.04B$1.05B$2.17B$1.17B
Accident and Health Insurance Product Line$136.85M$101.04M$62.18M$61.49M$49.32M

Huize's latest annual revenue breakdown by segment (product or service), as of Dec 24: Health Insurance Product Line (88.54%), and Accident and Health Insurance Product Line (11.46%).

Huize Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24
Others$4.58M
HONG KONG$235.19M

Huize's latest annual revenue breakdown by geography, as of Dec 24: HONG KONG (98.09%), and Others (1.91%).

Huize Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
AJGArthur J. Gallagher$11.55B$2.81B
WTWWillis Towers Watson Public$9.93B$2.22B
BROBrown & Brown$4.80B$1.40B
ERIEErie Indemnity$3.80B$989.40M
CRD-ACrawford$1.34B$342.73M
SLQTSelectQuote$1.32B$481.07M
HUIZHuize$1.20B$310.31M
CRVLCorVel$795.31M-
EHTHeHealth$532.41M$58.41M
RELIReliance Global Group$14.05M$3.44M

HUIZ Revenue FAQ

What is Huize’s yearly revenue?

Huize's yearly revenue for 2023 was $1.2B, representing an increase of 3.25% compared to 2022. The company's yearly revenue for 2022 was $1.16B, representing a decrease of -48.42% compared to 2021. HUIZ's yearly revenue for 2021 was $2.25B, representing an increase of 83.98% compared to 2020.

What is Huize’s quarterly revenue?

Huize's quarterly revenue for Q1 2024 was $310.31M, a 31.48% increase from the previous quarter (Q4 2023), and a 3.81% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $236.01M, a -19.30% decrease from the previous quarter (Q3 2023), and a -8.67% decrease year-over-year (Q4 2022). HUIZ's quarterly revenue for Q3 2023 was $292.44M, a -20.57% decrease from the previous quarter (Q2 2023), and a -16.87% decrease year-over-year (Q3 2022).

What is Huize’s revenue growth rate?

Huize's revenue growth rate for the last 3 years (2021-2023) was -46.75%, and for the last 5 years (2019-2023) was 20.36%.

What are Huize’s revenue streams?

Huize's revenue streams in c 24 are Health Insurance Product Line, and Accident and Health Insurance Product Line. Health Insurance Product Line generated $1.06B in revenue, accounting 88.54% of the company's total revenue, up 1.29% year-over-year. Accident and Health Insurance Product Line generated $136.85M in revenue, accounting 11.46% of the company's total revenue, up 35.44% year-over-year.

What is Huize’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Huize was Health Insurance Product Line. This segment made a revenue of $1.06B, representing 88.54% of the company's total revenue.