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Evolv Technologies Holdings, Inc. (EVLV)
NASDAQ: EVLV · Real-Time Price · USD
7.05
-0.08 (-1.12%)
At close: May 8, 2026, 4:00 PM EDT
7.10
+0.05 (0.71%)
After-hours: May 8, 2026, 7:58 PM EDT

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Product Revenue
21.64M6.46M
Product Revenue Growth
234.73%-71.61%
Subscription Revenue
83.84M65.05M
Subscription Revenue Growth
28.89%79.68%
Service Revenue
29.38M23.47M
Service Revenue Growth
25.18%50.37%
License Fees Revenue
8.08M7.18M
License Fees Revenue Growth
12.45%142.36%
Professional Services and Other Revenue
2.98M1.71M
Professional Services and Other Revenue Growth
74.52%-15.79%
License Fee and Other Revenue
11.05M8.89M
License Fee and Other Revenue Growth
24.37%78.12%
Revenue (Other)
-11.05M-8.89M
Revenue (Total)
145.91M103.87M
Revenue (Total) Growth
40.48%30.54%

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
United States Revenue
140.65M100.00M
United States Revenue Growth
40.66%28.69%
Foreign Revenue
5.25M3.87M
Foreign Revenue Growth
35.74%107.84%
Revenue (Total)
145.91M103.87M
Revenue (Total) Growth
40.48%30.54%

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Recurring Revenue
112.10M87.42M
Recurring Revenue Growth
28.23%71.70%
Non-Recurring Revenue
33.81M16.45M
Non-Recurring Revenue Growth
105.56%-42.60%
Revenue (Total)
145.91M103.87M
Revenue (Total) Growth
40.48%30.54%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
New Customers Count
243.00249.00
New Customers Count Growth
-2.41%-11.07%
Product Revenue - Remaining Performance Obligations (RPO)
9.85M4.75M
Product Revenue - Remaining Performance Obligations (RPO) Growth
107.50%376.23%
Subscription Revenue - Remaining Performance Obligations (RPO)
206.45M191.57M
Subscription Revenue - Remaining Performance Obligations (RPO) Growth
7.76%11.20%
Service Revenue - Remaining Performance Obligations (RPO)
76.46M69.90M
Service Revenue - Remaining Performance Obligations (RPO) Growth
9.38%4.18%
License Fees Revenue - Remaining Performance Obligations (RPO)
827.00K478.00K
License Fees Revenue - Remaining Performance Obligations (RPO) Growth
73.01%234.27%
Total Remaining Performance Obligations (RPO)
293.59M266.70M
Total Remaining Performance Obligations (RPO) Growth
10.08%10.89%
Annual Recurring Revenue (ARR)
120.50M99.35M
Annual Recurring Revenue (ARR) Growth
21.29%32.49%
Updated Mar 10, 2026. Data Source: Fiscal.ai.