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Other financials

Income statement

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Revenue$46.3M+44.7%
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

Calculated from Evolv Technologies Holdings, Inc.’s reported figures.

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 gross profit?
Evolv Technologies Holdings, Inc. (EVLV) reported gross profit of $23.6M in Q1 2026.
How has Evolv Technologies Holdings, Inc.'s gross profit changed year-over-year?
Evolv Technologies Holdings, Inc.'s gross profit increased by 23.2% year-over-year, from $19.15M to $23.6M.
What is the long-term trend for Evolv Technologies Holdings, Inc.'s gross profit?
Over 4 years (2021 to 2025), Evolv Technologies Holdings, Inc.'s gross profit has grown at a 107.9% compound annual growth rate (CAGR), from $4.03M to $75.3M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.