Evolv Technologies Holdings, Inc. (EVLV)

EVLV Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	121.01	103.87	79.57	52.72	23.39	4.79
Revenue Growth (YoY)	36.64%	30.54%	50.92%	125.36%	388.88%	-18.15%
Cost of Revenue	53.27	44.58	47.66	51.32	19.36	3.5
Gross Profit	67.74	59.29	31.91	1.4	4.03	1.29
Selling, General & Admin	108.43	117.93	96.17	84.65	44.65	12.48
Research & Development	20.8	23.45	24.47	18.54	11.46	15.71
Other Operating Expenses	-	-	-	-	1.32	-
Operating Expenses	129.22	141.37	120.64	103.19	57.43	28.19
Operating Income	-61.48	-82.08	-88.73	-101.79	-53.4	-26.9
Interest Expense	-0	-	-0.65	-0.71	-6.07	-0.43
Interest & Investment Income	1.79	2.94	6.23	3.17	-	-
Other Non Operating Income (Expenses)	-10.4	6.51	-4.85	4.84	9.37	-
EBT Excluding Unusual Items	-70.1	-72.63	-88.01	-94.49	-50.1	-27.33
Asset Writedown	-0.22	-0.22	-0.32	-1.16	-1.87	-
Other Unusual Items	-20.8	18.84	-19.67	8.86	41.08	-0.07
Pretax Income	-88.33	-54.02	-108	-86.8	-10.89	-27.39
Income Tax Expense	0.06	-	0.05	-	-	-
Net Income	-88.39	-54.02	-108.05	-86.8	-10.89	-27.39
Net Income to Common	-88.39	-54.02	-108.05	-86.8	-10.89	-27.39
Shares Outstanding (Basic)	161	157	149	144	72	9
Shares Outstanding (Diluted)	161	157	149	144	72	9
Shares Change (YoY)	5.23%	4.96%	3.69%	100.74%	702.28%	-60.57%
EPS (Basic)	-0.55	-0.34	-0.72	-0.60	-0.15	-3.07
EPS (Diluted)	-0.55	-0.34	-0.72	-0.60	-0.15	-3.07
Free Cash Flow	-18.42	-62.04	-78.94	-96.2	-73.34	-29.86
Free Cash Flow Per Share	-0.12	-0.40	-0.53	-0.67	-1.02	-3.34
Gross Margin	55.98%	57.08%	40.10%	2.66%	17.22%	26.94%
Operating Margin	-50.80%	-79.03%	-111.52%	-193.08%	-228.26%	-562.09%
Profit Margin	-73.04%	-52.01%	-135.80%	-164.64%	-46.54%	-572.46%
Free Cash Flow Margin	-15.22%	-59.73%	-99.21%	-182.48%	-313.50%	-624.10%
EBITDA	-43.05	-66.41	-80.03	-96.95	-50.5	-25.83
EBITDA Margin	-35.57%	-63.94%	-100.59%	-183.89%	-215.89%	-
D&A For EBITDA	18.44	15.68	8.7	4.84	2.9	1.07
EBIT	-61.48	-82.08	-88.73	-101.79	-53.4	-26.9
EBIT Margin	-50.80%	-79.03%	-111.52%	-193.08%	-228.26%	-
Revenue as Reported	121.01	103.87	79.57	52.72	23.39	4.79

Updated Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q