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Evolv Technologies Holdings, Inc. EVLV Product revenue — Revenue
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Where this comes from
Reported directly by Evolv Technologies Holdings, Inc. in its filing.
Tagged under the XBRL concept us-gaap:Revenues.
The source filing: Evolv Technologies Holdings, Inc.’s 10-Q, filed May 12, 2026.
- Filed
- May 12, 2026, 4:15 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001805385-26-000028
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Revenue: | ||
| Product revenue | $13,421 | $2,322 |
| Subscription revenue | 23,148 | 19,237 |
| Service revenue | 8,589 | 6,730 |
| License fee and other revenue | 1,170 | 3,718 |
| Total revenue | 46,328 | 32,007 |
| Cost of revenue: | ||
| Cost of product revenue | 11,856 | 3,184 |
Item 1. Financial Statements
FAQ
- What is Evolv Technologies Holdings, Inc.'s product revenue — revenue?
- Evolv Technologies Holdings, Inc. (EVLV) reported product revenue — revenue of $13.42M in Q1 2026.
- How has Evolv Technologies Holdings, Inc.'s product revenue — revenue changed year-over-year?
- Evolv Technologies Holdings, Inc.'s product revenue — revenue increased by 478.0% year-over-year, from $2.32M to $13.42M.
- What is the long-term trend for Evolv Technologies Holdings, Inc.'s product revenue — revenue?
- Over 4 years (2021 to 2025), Evolv Technologies Holdings, Inc.'s product revenue — revenue has grown at a 11.2% compound annual growth rate (CAGR), from $14.13M to $21.64M.
- What does product revenue — revenue mean?
- This metric represents the total gross revenue generated specifically from the sale of physical hardware units and associated product-based offerings. It reflects the company's ability to monetize its core security screening equipment through direct sales or capital-intensive procurement models. Tracking this helps investors distinguish between hardware-driven sales and recurring service-based subscription revenue streams.
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