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Evolv Technologies Holdings, Inc. EVLV Q2 2025 earnings

Reported August 14, 2025 · After market close

Revenue$32.5MBeat by $153.5KDiluted EPS-$0.25Miss by $0.16
Revenue estimate$32.4M
EPS estimate-$0.09

Next report

Aug 11, 2026 (In 4 weeks)
Revenue estimate$41.8M
EPS estimate-$0.06

Financials

Q2 2025

Income statement

See full
Revenue$32.5M+29.0%
Gross profit$16.2M+9.9%
Operating income-$17.5M+21.8%
Net income-$40.5M-1,286%
EPS (diluted)-$0.25-1,350%

Balance sheet

See full
Cash & equivalents$36.9M+2.7%
Total debt$14.3M+515%
Total equity$92.7M-38.7%
Total assets$280.4M+4.2%

Cash flow

See full
Operating cash flow$2.1M+110%
CapEx$1.2M—
Free cash flow$871.0K+107%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$1.02B+161%
Enterprise value$995.74M+179%
P/S8.4×+4.0×

Profitability

See full
Gross margin56.1%+2.3pp
Operating margin-57.8%-17.1pp
Net margin-73%-133pp

Returns & leverage

See full
Return on equity-72.5%-94.2pp
Debt / equity0.2×+0.1×
Current ratio0.9×-0.8×

Segments

By segment

See full
Reportable Segment$32.5M+29.0%

By geography

See full
Foreign$1.3M+35.7%

By product

See full
Subscription revenue$20.2M+27.0%

Versus estimates

Revenue

Q1 2026$46.3MBeat by $2.1MQ4 2025$38.5MBeat by $2.1MQ3 2025$42.9MBeat by $6.4M
Q2 2025$32.5MBeat by $153.5K
Q1 2025$32.0MBeat by $4.1MQ4 2024$29.1MBeat by $1.3M

Diluted EPS

Q1 2026-$0.03Beat by $0.03Q4 2025$0.06Beat by $0.14Q3 2025-$0.01Beat by $0.06
Q2 2025-$0.25Miss by $0.16
Q1 2025-$0.01Beat by $0.08Q4 2024-$0.19Miss by $0.13

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Questions, answered.

When did Evolv Technologies Holdings, Inc. report Q2 2025 earnings?
Evolv Technologies Holdings, Inc. (EVLV) reported Q2 2025 earnings on August 14, 2025 after market close.
What were Evolv Technologies Holdings, Inc.'s Q2 2025 revenue and EPS?
Evolv Technologies Holdings, Inc. reported revenue of $32.5M and diluted EPS of $-0.25 for Q2 2025.
Did Evolv Technologies Holdings, Inc. beat estimates in Q2 2025?
Revenue beat the consensus estimate of $32.4M by $153.5K. EPS missed the consensus estimate of $-0.09 by $0.16.
How did Evolv Technologies Holdings, Inc.'s Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 27.4% from $25.5M a year earlier.
Where can I find Evolv Technologies Holdings, Inc.'s Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001805385-25-000009) directly on SEC EDGAR. The filing index links above go to sec.gov.