Evolv Technologies Holdings, Inc. (EVLV)
NASDAQ: EVLV · Real-Time Price · USD
5.51
+0.03 (0.55%)
Jul 31, 2026, 11:35 AM EDT - Market open

EVLV Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
160.23145.91103.8779.5752.7223.39
Revenue Growth
40.93%40.48%30.54%50.92%125.36%388.88%
Gross Profit
79.7575.359.4631.911.44.03
Operating Income
-42.55-48.46-82.31-90.06-102.95-55.27
Net Income
-42.33-33.14-54.02-108.05-86.8-10.89
Earnings Per Share
-0.23-0.20-0.34-0.72-0.60-0.15
EPS Growth
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Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Product
32.7421.646.4622.7729.7913.63
Subscription
87.7583.8465.0536.217.047.8
Service
31.2329.3823.4715.614.60.79
License Fees
5.048.087.182.96--
Professional Services and Other
3.462.981.712.031.31.17
Revenue (Total)
160.23145.91103.8779.5752.7223.39

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
61.0769.0451.94118.45229.78307.49
Total Debt
41.9742.2414.531.3931.699.95
Net Cash (Debt)
19.126.837.41117.06198.09297.55
Net Cash Growth
-7.37%-28.38%-68.04%-40.91%-33.42%-
Net Cash Per Share
0.110.160.240.781.384.15

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
18.0318.67-30.85-9.8-74.74-56.78
Capital Expenditures
-22.38-31.37-31.19-69.13-21.46-16.56
Free Cash Flow
-4.35-12.7-62.04-78.94-96.2-73.34
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
49.77%51.61%57.25%40.10%2.66%17.22%
Operating Margin
-26.55%-33.22%-79.24%-113.19%-195.28%-236.25%
Pretax Margin
-22.78%-22.67%-52.01%-135.73%-164.64%-46.54%
Profit Margin
-22.75%-22.71%-52.01%-135.80%-164.64%-46.54%
FCF Margin
-2.71%-8.70%-59.73%-99.21%-182.48%-313.50%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
6.158.616.078.987.1327.22