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Evolv Technologies Holdings, Inc. EVLV Transfer of property and equipment to inventory

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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$987.49M+0.1%
Enterprise value$973.38M-0.3%
P/S6.2×-2.5×

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

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

Tagged under the XBRL concept evlv:TransfersOfInventoryToPropertyAndEquipment.

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 transfer of property and equipment to inventory?
Evolv Technologies Holdings, Inc. (EVLV) reported transfer of property and equipment to inventory of $656K in Q1 2026.
How has Evolv Technologies Holdings, Inc.'s transfer of property and equipment to inventory changed year-over-year?
Evolv Technologies Holdings, Inc.'s transfer of property and equipment to inventory increased by 16.3% year-over-year, from $564K to $656K.
What does transfer of property and equipment to inventory mean?
This metric tracks the non-cash reclassification of inventory items into property, plant, and equipment assets. It occurs when products originally intended for sale are instead deployed for internal use, such as demonstration units or company-operated infrastructure. This adjustment is critical for understanding the true cost of revenue and the actual utilization of inventory assets.