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Evolv Technologies Holdings, Inc. EVLV Subscription 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 |
|---|---|---|
| Total revenue | 46,328 | 32,007 |
| 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 |
Item 1. Financial Statements
FAQ
- What is Evolv Technologies Holdings, Inc.'s subscription revenue — total cost of revenue?
- Evolv Technologies Holdings, Inc. (EVLV) reported subscription revenue — total cost of revenue of $8.37M in Q1 2026.
- How has Evolv Technologies Holdings, Inc.'s subscription revenue — total cost of revenue changed year-over-year?
- Evolv Technologies Holdings, Inc.'s subscription revenue — total cost of revenue increased by 6.0% year-over-year, from $7.9M to $8.37M.
- What is the long-term trend for Evolv Technologies Holdings, Inc.'s subscription revenue — total cost of revenue?
- Over 4 years (2021 to 2025), Evolv Technologies Holdings, Inc.'s subscription revenue — total cost of revenue has grown at a 69.0% compound annual growth rate (CAGR), from $4.5M to $36.68M.
- What does subscription revenue — total cost of revenue mean?
- This metric captures the direct costs associated with delivering subscription-based services, including cloud infrastructure, customer support, and maintenance expenses. It excludes non-recurring hardware production costs to isolate the operational efficiency of the recurring service model. Monitoring this helps assess the scalability of the service platform and the underlying gross margin profile of the subscription business.
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