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-14.9%-657pp
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5.2%+4.3pp
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12.1%+1.1pp
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Evolent Health, Inc. logo
Evolent Health, Inc.EVH
-24.1%-35.8pp
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SES AISES
-331.7%-142pp

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$1.07B-8.4%
Enterprise value$1.06B-7.8%
P/S6.7×-3.0×

Profitability

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Gross margin49.8%-8.7pp
Operating margin-26.6%-9.9pp
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.

Based on trailing twelve months.

The source filing: Evolv Technologies Holdings, Inc.’s 10-Q, filed November 13, 2025. Open the filing →

Filed
Nov 13, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001805385-25-000017

FAQ

What is Evolv Technologies Holdings, Inc.'s net margin?
Evolv Technologies Holdings, Inc. (EVLV) reported net margin of -43.8% in Q3 2025.
How has Evolv Technologies Holdings, Inc.'s net margin changed year-over-year?
Evolv Technologies Holdings, Inc.'s net margin increased by 24.8% year-over-year, from -58.2% to -43.8%.
What is the long-term trend for Evolv Technologies Holdings, Inc.'s net margin?
Over 4 years (2020 to 2024), Evolv Technologies Holdings, Inc.'s net margin has grown at a -30.6% compound annual growth rate (CAGR), from -223.7% to -52%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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