Skip to content

Evolv Technologies Holdings, Inc. EVLV Service revenue — Total Cost of Revenue

Other product segments

Subscription revenue
$8.37M+6.0%

Similar metrics at other companies

HQY
HQYService revenue — Total Cost of Revenue
$78.33M-11.0%
Itron logo
ITRIService revenues — Total cost of revenues
$50.45M+16.0%
XPEL, Inc. logo
XPELService revenue — Total cost of sales
$13.76M+20.0%
TransMedics Group, Inc. logo
TMDXService — Cost Of Revenue
$48.46M+24.3%
Netscout Systems logo
NTCTService — Cost Of Revenue
$31.65M+5.4%
Mirion Technologies logo
MIRService — Total cost of revenues
$25.6M+5.8%

Other financials

Income statement

See full
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

See full
Cash & equivalents$56.1M+124%
Total debt$42.0M+191%
Total equity$120.7M-0.3%
Total assets$304.6M+19.0%

Cash flow

See full
Operating cash flow-$3.2M-25.2%
CapEx$6.4M+107%
Free cash flow-$9.6M-70.0%

Valuation

See full
Market cap$987.49M+5.1%
Enterprise value$973.38M+4.8%
P/S6.2×-2.1×

Profitability

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

Returns & leverage

See full
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:CostOfRevenue.

The official record: Evolv Technologies Holdings, Inc.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

Ask your AI about Evolv Technologies Holdings, Inc.'s service revenue — total cost of revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

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.