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Evolv Technologies Holdings, Inc. EVLV Service 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 |
|---|---|---|
| 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 |
| Gross profit | 23,599 | 19,150 |
| Operating expenses: |
Item 1. Financial Statements
FAQ
- What is Evolv Technologies Holdings, Inc.'s service revenue — total cost of revenue?
- Evolv Technologies Holdings, Inc. (EVLV) reported service revenue — total cost of revenue of $2.19M in Q1 2026.
- How has Evolv Technologies Holdings, Inc.'s service revenue — total cost of revenue changed year-over-year?
- Evolv Technologies Holdings, Inc.'s service revenue — total cost of revenue increased by 28.6% year-over-year, from $1.71M to $2.19M.
- What is the long-term trend for Evolv Technologies Holdings, Inc.'s service revenue — total cost of revenue?
- Over 4 years (2021 to 2025), Evolv Technologies Holdings, Inc.'s service revenue — total cost of revenue has grown at a 34.3% compound annual growth rate (CAGR), from $2.58M to $8.41M.
- What does service revenue — total cost of revenue mean?
- This metric captures the direct costs associated with delivering service-based offerings, including expenses related to cloud infrastructure, customer support, and maintenance operations. It is a critical indicator of the operational efficiency and scalability of the service business segment. Monitoring this helps assess the direct profitability of the company's service-as-a-service or subscription models.
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