EVLV
Company Description
Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based touchless security screening systems. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives as visitors walk through at a normal pace; Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics; and Evolv Edge to detect non-metallic explosive devices, explosive devices, firearms, and tactical knives without requiring visitors to divest or empty their pockets. The company is headquartered in Waltham, Massachusetts.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 145.91M | 103.86M | 80.42M | 52.72M | 23.39M | 4.79M | 5.85M |
| Net Income | (33.14M) | (54.02M) | (106.25M) | (86.80M) | (10.89M) | (27.39M) | (19.86M) |
| EPS | -0.20 | -0.34 | -0.71 | -0.30 | -0.17 | -0.20 | -0.15 |
| Free Cash Flow | (12.70M) | (68.17M) | (82.47M) | (98.92M) | (74.37M) | (29.86M) | (15.91M) |
| FCF / Share | -0.08 | -0.44 | -0.55 | -0.69 | -0.52 | -0.21 | -0.11 |
| Operating CF | 18.67M | (30.85M) | (9.80M) | (74.74M) | (56.78M) | (23.25M) | (15.18M) |
| Total Assets | 304.41M | 268.06M | 298.72M | 348.12M | 362.86M | 21.36M | 24.40M |
| Total Debt | 42.24M | 25.64M | 1.39M | 31.69M | 9.95M | 16.79M | 3.65M |
| Cash & Equiv | 49.15M | 37.02M | 67.16M | 229.78M | 307.49M | 4.70M | 17.34M |
| Book Value | 119.42M | 117.65M | 146.32M | 226.99M | 290.27M | (8.81M) | (58.51M) |
| Return on Equity | -0.28 | -0.46 | -0.73 | -0.38 | -0.04 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46.33M | 38.50M | 42.85M | 32.54M | 32.01M | 29.10M | 27.36M | 25.54M | 22.18M | 21.82M | 20.19M | 19.82M |
| Net Income | (5.01M) | 10.88M | (1.80M) | (40.53M) | (1.69M) | (15.72M) | (30.44M) | 3.46M | (11.27M) | (16.89M) | 6.00M | (66.75M) |
| EPS | -0.03 | 0.06 | -0.01 | -0.25 | -0.01 | -0.10 | -0.19 | 0.02 | -0.08 | -0.11 | 0.04 | -0.45 |
| Free Cash Flow | (6.92M) | 8.64M | (10.29M) | (2.01M) | (16.82M) | (4.89M) | (811,000) | (24.92M) | (37.55M) | (20.63M) | (16.98M) | (26.00M) |
| FCF / Share | -0.04 | 0.05 | -0.06 | -0.01 | -0.10 | -0.03 | -0.01 | -0.16 | -0.25 | -0.14 | -0.11 | -0.17 |
| Operating CF | (3.18M) | 15.57M | 3.52M | 2.11M | (2.54M) | 3.20M | 3.67M | (21.58M) | (16.15M) | (3.14M) | 2.10M | (5.32M) |
| Total Assets | 304.64M | 304.41M | 304.29M | 280.42M | 255.98M | 268.06M | 278.47M | 268.52M | 282.26M | 298.72M | 306.46M | 307.97M |
| Total Debt | 41.97M | 42.24M | 42.40M | 14.27M | 14.40M | 25.64M | 14.56M | 2.32M | 2.69M | 1.39M | 1.79M | 1.49M |
| Cash & Equiv | 56.08M | 49.15M | 31.50M | 36.94M | 25.09M | 37.02M | 46.03M | 35.70M | 44.60M | 67.16M | 99.62M | 126.89M |
| Book Value | 120.67M | 119.42M | 102.24M | 92.65M | 121.06M | 117.65M | 128.99M | 153.07M | 141.59M | 146.32M | 156.12M | 144.16M |
| Return on Equity | -0.04 | 0.09 | -0.02 | -0.44 | -0.01 | -0.13 | -0.24 | 0.02 | -0.08 | -0.12 | 0.04 | -0.46 |