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Evolv Technologies Holdings, Inc. EVLV Business Segments — Employee expense

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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$1.1B-7.8%
Enterprise value$1.09B-7.2%
P/S6.9×-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:EmployeeBenefitsAndShareBasedCompensation.

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
Segment revenue$46,328$32,007
Less:
Employee expense19,27016,369
Stock-based compensation expense15,5874,354
Other non-recurring expenses2(99)3,561
Consulting and contract staffing3,0943,277
Depreciation and amortization6,8015,529
Restructuring costs2,662

Item 1. Financial Statements

FAQ

What is Evolv Technologies Holdings, Inc.'s business segments — employee expense?
Evolv Technologies Holdings, Inc. (EVLV) reported business segments — employee expense of $19.27M in Q1 2026.
How has Evolv Technologies Holdings, Inc.'s business segments — employee expense changed year-over-year?
Evolv Technologies Holdings, Inc.'s business segments — employee expense increased by 17.7% year-over-year, from $16.37M to $19.27M.
What is the long-term trend for Evolv Technologies Holdings, Inc.'s business segments — employee expense?
Over 3 years (2022 to 2025), Evolv Technologies Holdings, Inc.'s business segments — employee expense has grown at a 14.0% compound annual growth rate (CAGR), from $45.66M to $67.74M.
What does business segments — employee expense mean?
Includes all direct costs associated with personnel, such as salaries, wages, and benefits for staff dedicated to the reportable segment. Monitoring this helps evaluate the labor intensity of the business model and the efficiency of human capital allocation.

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