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Evolv Technologies Holdings, Inc. EVLV Gross Profit
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Where this comes from
Calculated from Evolv Technologies Holdings, Inc.’s reported figures.
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 |
|---|---|---|
| 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 |
| Operating expenses: | ||
| Research and development | 5,885 | 4,862 |
| Sales and marketing | 12,671 | 11,043 |
| General and administrative | 13,515 | 14,972 |
Item 1. Financial Statements
FAQ
- 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.
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