Skip to main content
EVLV logo

EVLV · Evolv Technologies Holdings, Inc. · Financials

Track EVLV — free
$4.56 -0.03 (-0.65%)
Market Cap
$831.37M
Shares
181.13M
Volume · Oct 23 1.72M Avg daily vol (3M) 2.11M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$145.91M +40.5%
FY2025 Revenue FY2020–FY2025
Net Income
-$33.14M +38.7%
FY2025 Net Income FY2020–FY2025
Gross Margin
51.61% -5.6pp
FY2025 Gross Margin FY2020–FY2025
Operating Margin
-33.22% +46pp
FY2025 Operating Margin FY2020–FY2025
Diluted EPS
-$0.20 +41.2%
FY2025 Diluted EPS FY2020–FY2025
Operating Cash Flow
$18.67M +160.5%
FY2025 Operating Cash Flow FY2020–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020
$180M – $185M $171.44M $145.91M $103.87M $79.57MG $52.72M $23.39MG $5.38M
— $92.34M $83.84M $65.05M $36.2M $17.04M $7.8M —
— $85.95M $70.6M $44.4M $47.66M $51.32M $19.36M $4.06M
— $85.49M $75.3M $59.46M $31.91M $1.4M $4.03M $1.32M
— — 51.61% 57.25% 40.1% 2.66% 17.22% 24.57%
— $22.69M $20.62M $23.45M $24.47M $18.54M $11.46M $15.55M
— $48.21M $45.63M $60.64M $54.99M $46.68M $26.1M $8.28M
— $50.19M $54.86M $56.6M $42.18M $37.97M $19.87M $5.53M
— $26.91M $24.34M $17.38M $9.7M $5.44M $2.9M $1.07M
— -$38K $2.66M $860K — — — —
— $121.09M $123.77M $141.77M $121.96M $104.35M $59.3M $29.37M
— -$35.6M -$48.46M -$82.31M -$90.06M -$102.95M -$55.27M -$28.05M
— — -33.22% -79.24% -113.19% -195.28% -236.25% -521.19%
— -$8.69M -$24.12M -$64.93M -$80.35M -$97.51M -$52.37M -$26.98M
— $3.66M $1.73M $0 $654K $712K $6.07M $316K
— $1.93M $1.54M $2.94M $6.23M $3.17M $0 —
— $30.35M $15.39M $28.29M -$17.94M $16.16M $44.38M -$382K
— -$5.26M -$33.08M -$54.02M -$108M -$86.8M -$10.89M -$27.39M
— -$37K $62K $0 $51K $0 $0 $0
— -$5.22M -$33.14M -$54.02M -$108.05M -$86.8M -$10.89M -$28.43M
— — -22.71% -52.01% -135.8% -164.64% -46.54% -528.28%
— -$5.22M -$33.14M -$54.02M -$108.05M -$86.8M -$10.89M -$27.39M
— -$5.17M -$33.25M -$54M -$108.09M -$86.81M -$10.89M —
USD/shares — -$0.02 -$0.20 -$0.34 -$0.72 -$0.60 -$0.15 -$3.18
USD/shares — -$0.02 -$0.20 -$0.34 -$0.72 -$0.60 -$0.15 -$3.18
shares — — 168.42M 156.57M 149.17M 143.86M 71.66M 8.93M
shares — — 168.42M 156.57M 149.17M 143.86M 71.66M 8.93M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current operating lease liabilities 2026-06-30 USD 3,116,000 10-Q filed 2026-08-11
Long-term debt, including current maturities 2026-06-30 USD 28,737,000 10-Q filed 2026-08-11
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of long-term debt
USD 0
Line of credit borrowings, including current maturities
USD 30,000,000
Noncurrent debt carrying amount
USD 28,737,000
Noncurrent operating lease liabilities 2026-06-30 USD 9,715,000 10-Q filed 2026-08-11
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

SVB Credit Agreement

TermLoan · Evolv Technologies Holdings, Inc.

Reference: SVB Credit Agreement

Active
Original principal
USD 30,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2022-12-21 Original principal USD 30,000,000 Exact source document Parent 8-K filing · 2022-12-21
    On December 21, 2022 (the “***Closing Date***”), Evolv Technologies Holdings, Inc. (the “***Company***”) entered into a Loan and Security Agreement (the “***SVB Credit Agreement***”) by and among the Company, Evolv Technologies, Inc., a wholly-owned subsidiary of the Company, and Silicon Valley Bank, a California corporation (“***SVB***”), as the lender. The SVB Credit Agreement provides for, on the Closing Date, an initial term loan advance in an original principal amount equal to $30 million, with the opportunity to obtain, within 18 months after the Closing Date, additional term loan advances, subject to satisfaction of certain conditions, in an aggregate principal amount equal to $20 million (subject to an increase of $25 million, upon satisfaction of certain conditions and approval from SVB), in each case, in order to finance hardware shipped to customer locations (collectively, the “***Term Loans***”). Each advance of Term Loans will mature on the 36-month anniversary of the extension thereof.
    Issuer evidence: On December 21, 2022 (the “***Closing Date***”), Evolv Technologies Holdings, Inc. (the “***Company***”) entered into a Loan and Security Agreement (the “***SVB Credit Agreement***”) by and among the Company, Evolv Technologies, Inc., a wholly-owned subsidiary of the Company, and Silicon Valley Bank, a California corporation (“***SVB***”), as the lender. The SVB Credit Agreement provides for, on the Closing Date, an initial term loan advance in an original principal amount equal to $30 million, with the opportunity to obtain, within 18 months after the Closing Date, additional term loan advances, subject to satisfaction of certain conditions, in an aggregate principal amount equal to $20 million (subject to an increase of $25 million, upon satisfaction of certain conditions and approval from SVB), in each case, in order to finance hardware shipped to customer locations (collectively, the “***Term Loans***”). Each advance of Term Loans will mature on the 36-month anniversary of the extension thereof.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
4.71×
Peer median 2.01×
EV/EBIT
—
Peer median 16.31×
P/E (TTM)
—
Peer median 23.46×
EV/Adj. EBITDA (FY2025)
72.65×
Peer median 9.73×

Peer medians compare against the 11 similar-size Security & Protection Services companies (of 21 listed).

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022
Reportable Segment $145,905,000 $103,865,000 $79,565,000 $52,719,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021
United States $140,652,000 $99,995,000 $77,703,000 $51,316,000 $22,254,000
Non Us $5,253,000 $3,870,000 $1,862,000 $1,403,000 $1,139,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020
Subscription And Circulation $83,839,000 $65,046,000 $36,201,000 $17,041,000 $7,803,000 $2,730,000
SaaS Maintenance and Other $29,375,000 $23,467,000 $15,606,000 $4,595,000 — —
Service $29,375,000 $23,467,000 $15,606,000 $4,595,000 $1,959,000 $869,000
Product $21,637,000 $6,464,000 $22,768,000 $29,787,000 $13,631,000 $1,782,000
License Fee and Other Revenue $11,054,000 $8,888,000 $4,990,000 $1,296,000 — —
License Fee $8,075,000 $7,181,000 $2,963,000 $0 — —
Professional Services and Other Revenue $2,979,000 $1,707,000 $2,027,000 $1,296,000 — —
Leased Equipment — — $37,247,000 $17,569,000 $7,803,000 —
Lease Revenue — — — — $1,700,000 —
License Fee and Other Revenue — — $5,053,000 $1,310,000 — —
License Fee — — $2,963,000 $0 — —
Professional Services and Other Revenue — — $2,090,000 $1,310,000 — —
Professional Services — — — $976,000 $1,113,000 —
Saas And Maintenance Services — — — — $2,568,000 —
SaaS Maintenance and Other — — $16,141,000 $4,331,000 $846,000 —
Machinery And Equipment — — — — $6,130,000 —
Key facts CIK 1805385 CUSIP 30049H102 13F (30d) 28 filings 28 filers Visit website Investor relations