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Evolv Technologies Holdings, Inc. EVLV Product revenue — Total Cost of 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:CostOfRevenue.
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 |
|---|---|---|
| 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 |
| Cost of subscription revenue | 8,367 | 7,896 |
| Cost of service revenue | 2,192 | 1,705 |
| Cost of license fee and other revenue | 314 | 72 |
| Total cost of revenue | 22,729 | 12,857 |
Item 1. Financial Statements
FAQ
- What is Evolv Technologies Holdings, Inc.'s product revenue — total cost of revenue?
- Evolv Technologies Holdings, Inc. (EVLV) reported product revenue — total cost of revenue of $11.86M in Q1 2026.
- How has Evolv Technologies Holdings, Inc.'s product revenue — total cost of revenue changed year-over-year?
- Evolv Technologies Holdings, Inc.'s product revenue — total cost of revenue increased by 272.4% year-over-year, from $3.18M to $11.86M.
- What is the long-term trend for Evolv Technologies Holdings, Inc.'s product revenue — total cost of revenue?
- Over 4 years (2021 to 2025), Evolv Technologies Holdings, Inc.'s product revenue — total cost of revenue has grown at a 18.1% compound annual growth rate (CAGR), from $12.48M to $24.32M.
- What does product revenue — total cost of revenue mean?
- This metric captures the direct costs incurred to manufacture, assemble, and deliver physical security screening products to customers. It includes expenses such as raw materials, component parts, manufacturing labor, and freight costs associated with hardware fulfillment. Monitoring this figure is essential for evaluating the direct production efficiency and gross margin potential of the company's hardware segment.
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