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Evolent Health, Inc.EVH
-20.4%-22.4pp
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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$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
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.

Based on trailing twelve months.

The source filing: Evolv Technologies Holdings, Inc.’s 10-Q, filed May 12, 2026. Open the filing →

Filed
May 12, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001805385-26-000028

FAQ

What is Evolv Technologies Holdings, Inc.'s operating margin?
Evolv Technologies Holdings, Inc. (EVLV) reported operating margin of -26.6% in Q1 2026.
How has Evolv Technologies Holdings, Inc.'s operating margin changed year-over-year?
Evolv Technologies Holdings, Inc.'s operating margin increased by 59.6% year-over-year, from -65.8% to -26.6%.
What is the long-term trend for Evolv Technologies Holdings, Inc.'s operating margin?
Over 5 years (2020 to 2025), Evolv Technologies Holdings, Inc.'s operating margin has grown at a -24.3% compound annual growth rate (CAGR), from -134% to -33.2%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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