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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$43.8M+34.4%
Gross profit$22.0M+35.4%
Operating income-$10.6M+39.7%
Net income-$9.3M+77.1%
EPS (diluted)-$0.05+80.0%

Balance sheet

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Cash & equivalents$53.4M+44.6%
Total debt$41.6M+191%
Total equity$118.9M+28.3%
Total assets$302.0M+7.7%

Cash flow

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Operating cash flow$11.9M+463%
CapEx$6.4M+107%
Free cash flow$12.6M+1,346%

Valuation

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Market cap$1.05B-11.8%
Enterprise value$1.04B-11.1%
P/S6.2×-3.7×

Profitability

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Gross margin49.9%-6.3pp
Operating margin-20.8%-8.1pp
Net margin-43.8%-8.7pp
FCF margin13.3%

Returns & leverage

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Return on equity-51.7%+24.4pp
Debt / equity0.3×+0.2×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Evolv Technologies Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligation.

The source filing: Evolv Technologies Holdings, Inc.’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:57 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001805385-26-000049
Next 12 months13 to 24 monthsMore than 24 monthsTotal
Product revenue$$7,260$$$$7,260
Subscription revenue93,23265,02267,740225,994
Service revenue32,13921,93324,29478,366
License fee and other revenue379206402987
Total revenue$$133,010$$87,161$$92,436$$312,607

Item 1. Financial Statements

FAQ

What is Evolv Technologies Holdings, Inc.'s subscription revenue — total revenue?
Evolv Technologies Holdings, Inc. (EVLV) reported subscription revenue — total revenue of $225.99M in Q2 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 11.7% year-over-year, from $202.31M to $225.99M.
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.

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