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Evolv Technologies Holdings, Inc. EVLV Business Segments — Net income (loss)

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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:NetIncomeLoss.

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
Other non-recurring expenses2(99)3,561
Consulting and contract staffing3,0943,277
Depreciation and amortization6,8015,529
Restructuring costs2,662
Other cost of revenue13,2695,688
Other operating expenses6,8784,956
Other segment items3(3,463)(12,700)
Segment net loss4$(5,009)$(1,689)

Item 1. Financial Statements

FAQ

What is Evolv Technologies Holdings, Inc.'s business segments — net income (loss)?
Evolv Technologies Holdings, Inc. (EVLV) reported business segments — net income (loss) of -$5.01M in Q1 2026.
How has Evolv Technologies Holdings, Inc.'s business segments — net income (loss) changed year-over-year?
Evolv Technologies Holdings, Inc.'s business segments — net income (loss) decreased by 196.6% year-over-year, from -$1.69M to -$5.01M.
What is the long-term trend for Evolv Technologies Holdings, Inc.'s business segments — net income (loss)?
Over 2 years (2022 to 2024), Evolv Technologies Holdings, Inc.'s business segments — net income (loss) has grown at a -21.1% compound annual growth rate (CAGR), from -$86.8M to -$54.02M.
What does business segments — net income (loss) mean?
This metric represents the total profit or loss generated by the reportable business segment after accounting for all associated revenues and operating expenses. It serves as a primary indicator of the segment's financial viability and its contribution to the overall corporate bottom line.

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