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Evolv Technologies Holdings, Inc. EVLV Subscription revenue — Total Revenue

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

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:RevenueRemainingPerformanceObligation.

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

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Questions, answered.

What is Evolv Technologies Holdings, Inc.'s subscription revenue — total revenue?
Evolv Technologies Holdings, Inc. (EVLV) reported subscription revenue — total revenue of $218.1M in Q1 2026.
How has Evolv Technologies Holdings, Inc.'s subscription revenue — total revenue changed year-over-year?
Evolv Technologies Holdings, Inc.'s subscription revenue — total revenue increased by 12.1% year-over-year, from $194.53M to $218.1M.
What is the long-term trend for Evolv Technologies Holdings, Inc.'s subscription revenue — total revenue?
Over 3 years (2022 to 2025), Evolv Technologies Holdings, Inc.'s subscription revenue — total revenue has grown at a 48.0% compound annual growth rate (CAGR), from $253.41M to $821.81M.
What does subscription revenue — total revenue mean?
This metric represents the aggregate top-line revenue attributed to the subscription and service segment of the business. It serves as a primary indicator of the scale and market penetration of the company's recurring service offerings. By tracking this total, investors can evaluate the overall contribution of the subscription model to the company's total financial performance.