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Evolv Technologies Holdings, Inc.

EVLV

Evolv Technologies is a security technology company that provides AI-powered weapons detection and screening solutions.

Market cap
$1.08B+13.1%
Revenue$160.2M+40.9%
Net income-$49.0M+9.2%
Free cash flow$11.0M+121%
EPS (diluted)-$0.30+9.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 11, 2026 (in a month)
Revenue estimate$41.8M
EPS estimate-$0.06

Financials

Q1 2026

Income statement

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Revenue$46.3M+44.7%
Gross profit$23.6M+23.2%
Operating income-$8.5M+41.1%
Net income-$5.0M-197%
EPS (diluted)-$0.03-200%

Balance sheet

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Cash & equivalents$56.1M+124%
Total debt$42.0M+191%
Total equity$120.7M-0.3%
Total assets$304.6M+19.0%

Cash flow

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Operating cash flow-$3.2M-25.2%
CapEx$6.4M+107%
Free cash flow-$9.6M-70.0%

Valuation & ratios

Valuation

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Market cap$1.08B+13.1%
Enterprise value$1.07B+15.7%
P/S6.8×-1.1×

Profitability

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Gross margin49.8%-8.7pp
Operating margin-26.6%-9.9pp
FCF margin6.9%

Returns & leverage

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Debt / equity0.3×+0.2×
Current ratio1.2×+0.1×

Segments

By segment

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Reportable Segment$46.3M+44.7%

By product

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Subscription revenue$23.1M+20.3%

Competitors

Profile

Evolv Technologies is a security technology company that provides AI-powered weapons detection and screening solutions. The company utilizes a Security-as-a-Service model to help venues and facilities identify threats like firearms and explosives while maintaining high-volume visitor flow. Their core value proposition centers on replacing legacy metal detectors with frictionless, data-driven security checkpoints.

Competitive position

Evolv is a pioneer in AI-based high-throughput screening, positioning itself as a modern alternative to legacy hardware-only metal detector manufacturers.

GeographiesUnited States, United Kingdom
Customer segmentsEnterprise, Government, Education, Healthcare, Entertainment
Business modelSubscription SaaS, Hardware-as-a-Service, Direct Sales, Value-Added Reseller (VAR)
SuppliersContract manufacturers, Semiconductor and chipset suppliers, Cloud infrastructure providers
CustomersFacility operators, Security directors, Venue management companies, Government agencies
Listed2021
Employees293.0
CEOJohn Kedzierski
FilingsSEC EDGAR

Questions, answered.

What is Evolv Technologies Holdings, Inc.'s market cap?
Evolv Technologies Holdings, Inc. (EVLV) has a market capitalization of $1.1B and trades on NASDAQ.
What is Evolv Technologies Holdings, Inc.'s revenue and profitability?
Evolv Technologies Holdings, Inc. generated $160.2M in trailing twelve-month revenue with a net loss of $49.0M, representing a net margin of -43.8%. Gross margin stands at 49.8%, with free cash flow of $11.0M. These figures are based on the Q1 2026 filing.
Who are Evolv Technologies Holdings, Inc.'s competitors?
Evolv Technologies Holdings, Inc.'s key competitors include Arlo Technologies, Inc., APi Group Corporation, ADT Inc., and others. These companies compete in similar markets and product categories.
Who does Evolv Technologies Holdings, Inc. partner with?
Evolv Technologies Holdings, Inc.'s notable partners include Plexus Corp., Columbia Electrical Contractors, Inc. (Columbia Tech), MidCap Financial Trust.
What subsidiaries does Evolv Technologies Holdings, Inc. have?
Evolv Technologies Holdings, Inc.'s subsidiaries include Evolv Technologies, Inc., Evolv Technologies UK Ltd., Give Evolv LLC.
Where is Evolv Technologies Holdings, Inc. headquartered?
Evolv Technologies Holdings, Inc. is headquartered in United States of America and employs approximately 293 people. It has been publicly traded since 2021.