8-K Announcements
6Mar 10, 2026·SEC
Feb 12, 2026·SEC
Nov 13, 2025·SEC
Evolv Technologies Holdings, Inc. (EVLV) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Evolv Technologies Holdings, Inc. (EVLV) stock price & volume — 10-year historical chart
Evolv Technologies Holdings, Inc. (EVLV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Evolv Technologies Holdings, Inc. (EVLV) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 10, 2026 | $0.06vs $0.08+175.0% | $39Mvs $36M+5.6% |
| Q4 2025 | Nov 13, 2025 | $0.01vs $0.07+85.7% | $43Mvs $36M+17.6% |
| Q3 2025 | Aug 14, 2025 | $0.25vs $0.09-177.8% | $33Mvs $32M+0.5% |
| Q2 2025 | May 20, 2025 | $0.01vs $0.09+88.9% | $32Mvs $28M+14.6% |
Evolv Technologies Holdings, Inc. (EVLV) competitors in Security Screening and Threat Detection — business model, growth, and fundamentals comparison
Evolv Technologies Holdings, Inc. (EVLV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Evolv Technologies Holdings, Inc. (EVLV) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 5.85M | 4.79M | 23.39M | 52.72M | 80.42M | 103.86M | 145.91M |
| Revenue Growth % | - | -18.15% | 388.88% | 125.36% | 52.54% | 29.16% | 40.48% |
| Cost of Goods Sold | 5.29M | 3.5M | 19.36M | 51.32M | 46.59M | 44.58M | 70.6M |
| COGS % of Revenue | 90.56% | 73.06% | 82.78% | 97.34% | 57.93% | 42.92% | 48.39% |
| Gross Profit | 552K▲ 0% | 1.29M▲ 133.5% | 4.03M▲ 212.6% | 1.4M▼ 65.3% | 33.83M▲ 2316.4% | 59.29M▲ 75.3% | 75.3M▲ 27.0% |
| Gross Margin % | 9.44% | 26.94% | 17.22% | 2.66% | 42.07% | 57.08% | 51.61% |
| Gross Profit Growth % | - | 133.51% | 212.57% | -65.25% | 2316.36% | 75.26% | 27.01% |
| Operating Expenses | 18.95M | 28.18M | 59.3M | 104.35M | 122.09M | 141.59M | 120.1M |
| OpEx % of Revenue | 324.17% | 589.03% | 253.47% | 197.94% | 151.82% | 136.33% | 82.32% |
| Selling, General & Admin | 10.46M | 12.47M | 44.65M | 84.65M | 97.31M | 117.92M | 100.48M |
| SG&A % of Revenue | 178.84% | 260.71% | 190.88% | 160.57% | 121.01% | 113.54% | 68.87% |
| Research & Development | 8.5M | 15.71M | 11.46M | 18.54M | 24.45M | 23.45M | 20.62M |
| R&D % of Revenue | 145.33% | 328.32% | 48.98% | 35.16% | 30.41% | 22.57% | 14.13% |
| Other Operating Expenses | 0 | 0 | 3.19M | 1.16M | 322K | 224K | -1M |
| Operating Income | -18.4M▲ 0% | -26.9M▼ 46.2% | -55.27M▼ 105.5% | -102.95M▼ 86.3% | -88.26M▲ 14.3% | -82.31M▲ 6.7% | -44.8M▲ 45.6% |
| Operating Margin % | -314.73% | -562.09% | -236.25% | -195.28% | -109.75% | -79.24% | -30.71% |
| Operating Income Growth % | - | -46.18% | -105.48% | -86.28% | 14.27% | 6.75% | 45.57% |
| EBITDA | -17.86M | -25.83M | -52.37M | -97.51M | -78.33M | -64.93M | -20.46M |
| EBITDA Margin % | -305.58% | -539.83% | -223.87% | -184.96% | -97.4% | -62.52% | -14.02% |
| EBITDA Growth % | - | -44.6% | -102.74% | -86.19% | 19.67% | 17.1% | 68.49% |
| D&A (Non-Cash Add-back) | 535K | 1.06M | 2.9M | 5.44M | 9.93M | 17.38M | 24.34M |
| EBIT | -19.08M | -26.96M | -4.82M | -86.08M | -105.55M | -54.02M | -44.8M |
| Net Interest Income | -779K | -430K | -6.07M | 2.45M | 5.57M | 2.94M | -196K |
| Interest Income | 0 | 0 | 0 | 3.17M | 6.23M | 2.94M | 1.54M |
| Interest Expense | 779K | 430K | 6.07M | 712K | 654K | 0 | 1.73M |
| Other Income/Expense | -1.46M | -496K | 44.38M | 16.16M | -17.94M | 28.29M | 11.72M |
| Pretax Income | -19.86M▲ 0% | -27.39M▼ 37.9% | -10.89M▲ 60.3% | -86.8M▼ 697.2% | -106.2M▼ 22.4% | -54.02M▲ 49.1% | -33.08M▲ 38.8% |
| Pretax Margin % | -339.67% | -572.46% | -46.54% | -164.64% | -132.06% | -52.01% | -22.67% |
| Income Tax | 0 | 0 | 0 | 0 | 51K | 0 | 62K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | -0.05% | 0% | -0.19% |
| Net Income | -19.86M▲ 0% | -27.39M▼ 37.9% | -10.89M▲ 60.3% | -86.8M▼ 697.2% | -106.25M▼ 22.4% | -54.02M▲ 49.2% | -33.14M▲ 38.7% |
| Net Margin % | -339.67% | -572.46% | -46.54% | -164.64% | -132.13% | -52.01% | -22.71% |
| Net Income Growth % | - | -37.95% | 60.25% | -697.16% | -22.42% | 49.16% | 38.65% |
| Net Income (Continuing) | -19.86M | -27.39M | -10.89M | -86.8M | -106.25M | -54.02M | -33.14M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.15▲ 0% | -0.20▼ 33.3% | -0.16▲ 20.0% | -0.30▼ 87.5% | -0.71▼ 136.7% | -0.34▲ 52.1% | -0.20▲ 41.2% |
| EPS Growth % | - | -33.33% | 20% | -87.5% | -136.67% | 52.11% | 41.18% |
| EPS (Basic) | -0.15 | -0.20 | -0.17 | -0.30 | -0.71 | -0.34 | -0.20 |
| Diluted Shares Outstanding | 142.26M | 142.26M | 152.39M | 143.86M | 149.17M | 156.57M | 168.42M |
| Basic Shares Outstanding | 142.26M | 142.26M | 142.64M | 143.86M | 149.17M | 156.57M | 168.42M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
Evolv Technologies Holdings, Inc. (EVLV) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 20.31M | 10.31M | 331.12M | 292.58M | 175.84M | 121.45M | 151.3M |
| Cash & Short-Term Investments | 17.34M | 4.7M | 307.7M | 230.12M | 118.82M | 51.94M | 69.03M |
| Cash Only | 17.34M | 4.7M | 307.49M | 229.78M | 67.16M | 37.02M | 49.15M |
| Short-Term Investments | 0 | 0 | 206K | 337K | 51.66M | 14.93M | 19.89M |
| Accounts Receivable | 984K | 1.4M | 7.94M | 34.77M | 26.32M | 29.19M | 47.06M |
| Days Sales Outstanding | 61.44 | 106.87 | 123.83 | 240.74 | 119.45 | 102.58 | 117.73 |
| Inventory | 1.36M | 2.74M | 2.89M | 10.26M | 9.51M | 16.96M | 9.32M |
| Days Inventory Outstanding | 93.56 | 286.28 | 54.47 | 72.95 | 74.48 | 138.89 | 48.17 |
| Other Current Assets | 100K | 628K | 2.29M | 4.5M | 5.95M | 7.51M | 25.89M |
| Total Non-Current Assets | 4.09M | 11.05M | 31.74M | 55.53M | 122.88M | 146.61M | 153.11M |
| Property, Plant & Equipment | 3.69M | 9.32M | 23.78M | 46.38M | 114.12M | 137.65M | 139.82M |
| Fixed Asset Turnover | 1.59x | 0.51x | 0.98x | 1.14x | 0.70x | 0.75x | 1.04x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 7M | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 84K | 376K | 0 |
| Other Non-Current Assets | 407K | 1.73M | 7.95M | 9.15M | 1.68M | 8.58M | 13.28M |
| Total Assets | 24.4M▲ 0% | 21.36M▼ 12.5% | 362.86M▲ 1599.2% | 348.12M▼ 4.1% | 298.72M▼ 14.2% | 268.06M▼ 10.3% | 304.41M▲ 13.6% |
| Asset Turnover | 0.24x | 0.22x | 0.06x | 0.15x | 0.27x | 0.39x | 0.48x |
| Asset Growth % | - | -12.48% | 1599.17% | -4.06% | -14.19% | -10.26% | 13.56% |
| Total Current Liabilities | 9.33M | 12.12M | 24.33M | 59.13M | 82.05M | 96.71M | 122.98M |
| Accounts Payable | 2.52M | 4.44M | 6.04M | 18.19M | 17.4M | 10.49M | 9.77M |
| Days Payables Outstanding | 173.88 | 463.25 | 113.94 | 129.4 | 136.32 | 85.91 | 50.51 |
| Short-Term Debt | 3.42M | 227K | 2M | 10M | 0 | 11.11M | 2.99M |
| Deferred Revenue (Current) | 1.55M | 3.72M | 6.6M | 18.27M | 47.68M | 64.51M | 74.92M |
| Other Current Liabilities | 711K | 1.39M | 7.07M | 9.14M | 14M | 2.72M | 35.29M |
| Current Ratio | 2.18x | 0.85x | 13.61x | 4.95x | 2.14x | 1.26x | 1.23x |
| Quick Ratio | 2.03x | 0.62x | 13.49x | 4.78x | 2.03x | 1.08x | 1.15x |
| Cash Conversion Cycle | -18.89 | -70.1 | 64.36 | 184.29 | 57.61 | 155.57 | 115.38 |
| Total Non-Current Liabilities | 73.58M | 18.05M | 48.25M | 62M | 70.35M | 53.7M | 62.01M |
| Long-Term Debt | 0 | 16.43M | 7.95M | 19.68M | 0 | 0 | 39.25M |
| Capital Lease Obligations | 0 | 132K | 0 | 892K | 0 | 12.33M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 73.27M | 1M | 37.83M | 23.73M | 46.54M | 21.11M | 6.04M |
| Total Liabilities | 82.91M | 30.16M | 72.58M | 121.13M | 152.4M | 150.41M | 184.99M |
| Total Debt | 3.65M | 16.79M | 9.95M | 31.69M | 1.39M | 25.64M | 42.24M |
| Net Debt | -13.7M | 12.09M | -297.55M | -198.09M | -65.77M | -11.37M | -6.91M |
| Debt / Equity | - | - | 0.03x | 0.14x | 0.01x | 0.22x | 0.35x |
| Debt / EBITDA | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - |
| Interest Coverage | -23.62x | -62.55x | -9.11x | -144.59x | -134.96x | - | -25.87x |
| Total Equity | -58.51M▲ 0% | -8.81M▲ 84.9% | 290.27M▲ 3395.2% | 226.99M▼ 21.8% | 146.32M▼ 35.5% | 117.65M▼ 19.6% | 119.42M▲ 1.5% |
| Equity Growth % | - | 84.94% | 3395.2% | -21.8% | -35.54% | -19.6% | 1.51% |
| Book Value per Share | -0.41 | -0.06 | 1.90 | 1.58 | 0.98 | 0.75 | 0.71 |
| Total Shareholders' Equity | -58.51M | -8.81M | 290.27M | 226.99M | 146.32M | 117.65M | 119.42M |
| Common Stock | 23K | 1K | 14K | 15K | 15K | 16K | 1.83M |
| Retained Earnings | -66.49M | -93.88M | -105.8M | -192.21M | -298.46M | -354.66M | -387.8M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | -10K | -53K | -32K | -141K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Evolv Technologies Holdings, Inc. (EVLV) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -15.18M | -23.25M | -56.78M | -74.74M | -9.8M | -30.85M | 18.67M |
| Operating CF Margin % | -259.63% | -485.98% | -242.73% | -141.77% | -12.19% | -29.7% | 12.8% |
| Operating CF Growth % | - | -53.21% | -144.18% | -31.63% | 86.89% | -214.79% | 160.51% |
| Net Income | -19.86M | -27.39M | -10.89M | -86.8M | -108.05M | -54.02M | -33.14M |
| Depreciation & Amortization | 535K | 1.06M | 2.9M | 5.44M | 9.7M | 17.38M | 24.21M |
| Stock-Based Compensation | 264K | 662K | 9.6M | 22.52M | 24.13M | 24.76M | 21.1M |
| Deferred Taxes | 750K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 498K | 138K | -41.3M | -10.63M | 25.37M | -19.63M | -6.77M |
| Working Capital Changes | 2.63M | 2.27M | -17.08M | -5.28M | 39.05M | 660K | 13.27M |
| Change in Receivables | -706K | -464K | -9.94M | -18.98M | 5.89M | -6.09M | -2.31M |
| Change in Inventory | 229K | -1.47M | -3.44M | -10.63M | 960K | -7.85M | 9.12M |
| Change in Payables | -144K | 1.92M | 765K | 7.66M | -5.96M | 192K | 3.77M |
| Cash from Investing | -731K | -6.61M | -17.59M | -23.87M | -123.11M | -1.4M | -41.83M |
| Capital Expenditures | -731K | -6.61M | -16.56M | -21.46M | -69.13M | -31.19M | -31.37M |
| CapEx % of Revenue | 12.5% | 138.12% | 70.78% | 40.71% | 85.97% | 30.03% | 21.5% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -1.03M | -2.41M | -3.27M | -6.13M | -5.63M |
| Cash from Financing | 27.79M | 17.23M | 377.83M | 20.51M | -29.66M | 1.81M | 35.4M |
| Debt Issued (Net) | 4.79M | 14.03M | 26.1M | 19.68M | -30M | 0 | 26.32M |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 0 | 0 | 0 | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 631K | 198K | 51.73M | 827K | 336K | 1.81M | 0 |
| Net Change in Cash | 11.88M▲ 0% | -12.64M▼ 206.4% | 303.46M▲ 2501.4% | -78.11M▼ 125.7% | -162.62M▼ 108.2% | -30.42M▲ 81.3% | 12.13M▲ 139.9% |
| Free Cash Flow | -15.91M▲ 0% | -29.86M▼ 87.7% | -74.37M▼ 149.0% | -98.92M▼ 33.0% | -82.47M▲ 16.6% | -68.17M▲ 17.3% | -12.7M▲ 81.4% |
| FCF Margin % | -272.13% | -624.1% | -317.9% | -187.64% | -102.55% | -65.63% | -8.7% |
| FCF Growth % | - | -87.71% | -149.02% | -33.02% | 16.63% | 17.34% | 81.37% |
| FCF per Share | -0.11 | -0.21 | -0.49 | -0.69 | -0.55 | -0.44 | -0.08 |
| FCF Conversion (FCF/Net Income) | 0.76x | 0.85x | 5.22x | 0.86x | 0.09x | 0.57x | -0.56x |
| Interest Paid | 281K | 405K | 850K | 581K | 710K | 0 | 0 |
| Taxes Paid | 2K | 0 | 0 | 0 | 0 | 0 | 0 |
Evolv Technologies Holdings, Inc. (EVLV) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -7.74% | -33.56% | -56.93% | -40.93% | -27.96% |
| Return on Invested Capital (ROIC) | - | - | - | -714.34% | -120.97% | -66.08% | -30.72% |
| Gross Margin | 9.44% | 26.94% | 17.22% | 2.66% | 42.07% | 57.08% | 51.61% |
| Net Margin | -339.67% | -572.46% | -46.54% | -164.64% | -132.13% | -52.01% | -22.71% |
| Debt / Equity | - | - | 0.03x | 0.14x | 0.01x | 0.22x | 0.35x |
| Interest Coverage | -23.62x | -62.55x | -9.11x | -144.59x | -134.96x | - | -25.87x |
| FCF Conversion | 0.76x | 0.85x | 5.22x | 0.86x | 0.09x | 0.57x | -0.56x |
| Revenue Growth | - | -18.15% | 388.88% | 125.36% | 52.54% | 29.16% | 40.48% |
Evolv Technologies Holdings, Inc. (EVLV) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 10, 2026·SEC
Feb 12, 2026·SEC
Nov 13, 2025·SEC
Evolv Technologies Holdings, Inc. (EVLV) stock FAQ — growth, dividends, profitability & financials explained
Evolv Technologies Holdings, Inc. (EVLV) reported $145.9M in revenue for fiscal year 2025. This represents a 2396% increase from $5.8M in 2019.
Evolv Technologies Holdings, Inc. (EVLV) grew revenue by 40.5% over the past year. This is strong growth.
Evolv Technologies Holdings, Inc. (EVLV) reported a net loss of $33.1M for fiscal year 2025.
Evolv Technologies Holdings, Inc. (EVLV) has a return on equity (ROE) of -28.0%. Negative ROE indicates the company is unprofitable.
Evolv Technologies Holdings, Inc. (EVLV) had negative free cash flow of $20.5M in fiscal year 2025, likely due to heavy capital investments.
Evolv Technologies Holdings, Inc. (EVLV) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates