Evolv Technologies Holdings, Inc. (EVLV)

EVLV Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	31.5	37.02	67.16	229.78	307.49	4.7
Short-Term Investments	24.72	14.93	51.29	-	-	-
Cash & Short-Term Investments	56.23	51.94	118.45	229.78	307.49	4.7
Cash Growth	0.42%	-56.15%	-48.45%	-25.27%	6436.82%	-72.87%
Receivables	50.1	29.57	23.31	35.11	8.14	1.4
Inventory	8.77	16.96	10.34	10.26	2.89	2.74
Prepaid Expenses	30.59	3.25	3.08	3.27	3.04	0.83
Restricted Cash	-	-	0.28	-	0.4	-
Other Current Assets	5.96	19.72	17.9	14.16	9.16	0.63
Total Current Assets	151.64	121.45	173.36	292.58	331.12	10.31
Property, Plant & Equipment	126.65	126.65	107.36	42.88	22.68	9.32
Other Intangible Assets	13	11	7	3.5	1.1	-
Long-Term Accounts Receivable	0.38	0.66	0.96	1.39	3.42	-
Other Long-Term Assets	12.62	8.3	8.45	7.77	4.54	1.73
Total Assets	304.29	268.06	297.13	348.12	362.86	21.36
Accounts Payable	4.72	10.49	17.4	18.19	6.05	4.44
Accrued Expenses	33.95	12.12	12.32	9.63	8.31	3.67
Current Portion of Long-Term Debt	-	-	-	10	2	-
Current Portion of Leases	2.77	2.2	1.39	1.11	-	-
Current Unearned Revenue	77.9	64.51	46.81	18.27	6.6	3.72
Other Current Liabilities	-	7.39	3.39	1.92	1.37	0.29
Total Current Liabilities	119.35	96.71	81.3	59.13	24.33	12.12
Long-Term Debt	28.53	-	-	19.68	7.95	16.43
Long-Term Leases	11.11	12.33	-	0.89	-	-
Long-Term Unearned Revenue	18.46	20.27	25.15	17.7	2.48	0.48
Other Long-Term Liabilities	24.61	21.11	46.54	23.73	37.83	1.13
Total Liabilities	202.05	150.41	152.99	121.13	72.58	30.16
Common Stock	0.02	0.02	0.02	0.02	0.01	0
Additional Paid-In Capital	501.04	472.33	444.83	419.19	396.06	9.19
Retained Earnings	-398.68	-354.66	-300.65	-192.21	-105.8	-93.88
Comprehensive Income & Other	-0.14	-0.03	-0.05	-0.01	-	-
Total Common Equity	102.24	117.65	144.14	226.99	290.27	-84.69
Shareholders' Equity	102.24	117.65	144.14	226.99	290.27	-8.81
Total Liabilities & Equity	304.29	268.06	297.13	348.12	362.86	21.36
Total Debt	42.4	14.53	1.39	31.69	9.95	16.43
Net Cash (Debt)	13.83	37.41	117.06	198.09	297.55	-11.73
Net Cash Growth	-66.63%	-68.04%	-40.91%	-33.42%	-	-
Net Cash Per Share	0.08	0.24	0.78	1.38	4.15	-1.31
Filing Date Shares Outstanding	174.62	163.47	152.18	147.96	143.3	30.18
Total Common Shares Outstanding	173.8	159.6	151.31	145.2	142.75	26.05
Working Capital	32.29	24.74	92.06	233.46	306.79	-1.81
Book Value Per Share	0.59	0.74	0.95	1.56	2.03	-3.25
Tangible Book Value	89.24	106.65	137.14	223.49	289.17	-84.69
Tangible Book Value Per Share	0.51	0.67	0.91	1.54	2.03	-3.25
Machinery	24.32	29.34	38.28	11.75	4.83	1.57
Construction In Progress	0.04	0.48	2.49	0.07	-	-
Leasehold Improvements	0.61	0.61	0.57	0.54	0.49	0.1

Updated Nov 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q