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Evolv Technologies Holdings, Inc. EVLV Professional services and other revenue — Revenue

Other product segments

Subscription revenue
$23.15M+20.3%
License fees
$301K

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Other financials

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

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Market cap$1.07B-8.4%
Enterprise value$1.06B-7.8%
P/S6.7×-3.0×

Profitability

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Gross margin49.8%-8.7pp
Operating margin-26.6%-9.9pp
Net margin-43.8%-8.7pp
FCF margin6.9%

Returns & leverage

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Return on equity-51.7%+24.4pp
Debt / equity0.3×+0.2×
Current ratio1.2×+0.1×

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Product revenue$13,421$2,322
Subscription revenue23,14819,237
Service revenue8,5896,730
License fees1723,203
Professional services and other revenue998515
Total revenue$46,328$32,007

Item 1. Financial Statements

FAQ

What is Evolv Technologies Holdings, Inc.'s professional services and other revenue — revenue?
Evolv Technologies Holdings, Inc. (EVLV) reported professional services and other revenue — revenue of $998K in Q1 2026.
How has Evolv Technologies Holdings, Inc.'s professional services and other revenue — revenue changed year-over-year?
Evolv Technologies Holdings, Inc.'s professional services and other revenue — revenue increased by 93.8% year-over-year, from $515K to $998K.
What is the long-term trend for Evolv Technologies Holdings, Inc.'s professional services and other revenue — revenue?
Over 3 years (2022 to 2025), Evolv Technologies Holdings, Inc.'s professional services and other revenue — revenue has grown at a 32.0% compound annual growth rate (CAGR), from $1.3M to $2.98M.
What does professional services and other revenue — revenue mean?
This metric represents the total revenue generated from professional services, implementation support, training, and ancillary service offerings distinct from core product subscriptions. It reflects the company's ability to monetize the deployment and operational integration of its technology solutions for customers. Monitoring this stream helps assess the scale of non-recurring service engagements that complement the primary security-as-a-service model.

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