Revenue
43.8 million USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 43753000 USD Source
Fundies. English
Evolv Technologies Holdings, Inc.
EDGARAnnual consolidated revenue for 2025: about USD 145.9M, using the latest reported figures. The previous period, 2024, was about USD 103.9M.
Latest quarter
Operating margin
-24.11%
2026 Q2 · %
Operating cash flow
11.9 million USD
2026 Q2 · USD
- Cash and cash equivalents
- 52.7 million USD Source
Exact value
52696000 USD
- Long-term debt including current maturities
- 28.7 million USD Source
Exact value
28737000 USD
- Shares outstanding
- 181 million shares Source
Exact value
180839400 shares
Reported share-count change
5.99% · 10.2 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
171 million USD
2025-07-01 – 2026-06-30
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-08-11.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 6 of 11 periods available· newest 2025-12-31
- Operating income: 6 of 11 periods available· newest 2025-12-31
- Net income: 6 of 11 periods available· newest 2025-12-31
- Operating cash flow: 6 of 11 periods available· newest 2025-12-31
- Capital expenditure: Multiple units; comparison withheld· newest 2021-12-31
- Total assets: 6 of 11 periods available· newest 2025-12-31
- Total liabilities: 6 of 11 periods available· newest 2025-12-31
- Current assets: 6 of 11 periods available· newest 2025-12-31
- Current liabilities: 6 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 6 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
- Shares outstanding: 5 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+40.5%Prior period
USD 103.87 million
–
Current period
USD 145.91 million
–
Exact inputs and evidence
145905000 − 103865000 = 42040000 USD
103865000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source145905000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 20.9 millionPrior period
−USD 54 million
–
Current period
−USD 33.1 million
–
Exact inputs and evidence
-33100000 − -54000000 = 20900000 USD
-54000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-33100000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 49.6 millionPrior period
−USD 30.9 million
–
Current period
USD 18.7 million
–
Exact inputs and evidence
18700000 − -30900000 = 49600000 USD
-30900000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source18700000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 145.91 million 100% of revenue
- Cost of revenue USD 70.6 million 48% of revenue
- Operating expenses USD 123.77 million 85% of revenue
- Operating income −USD 48.46 million −33% of revenue
- Tax, interest and other Derived −USD 15.36 million −11% of revenue
- Net income −USD 33.1 million −23% of revenue
Cash
- Operating cash flow USD 18.7 million 13% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2020 Operating loss: operating costs were 621% of revenue.
- 2021 Operating loss: operating costs were 336% of revenue.
- 2022 Operating loss: operating costs were 295% of revenue.
- 2023 Operating loss: operating costs were 213% of revenue.
- 2024 Operating loss: operating costs were 179% of revenue.
- 2025 Operating loss: operating costs were 133% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2020 2020-01-01 – 2020-12-31 | 5381000 | 33426000 Derived | -28045000 | 382000 Derived | -28427000 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 23393000 | 78659000 Derived | -55266000 | -44378000 Derived | -10888000 | Unavailable | Source
|
| 2022 2022-01-01 – 2022-12-31 | 52719000 | 155669000 Derived | -102950000 | -16155000 Derived | -86795000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-31 | 79565000 | 169621000 Derived | -90056000 | 17992000 Derived | -108048000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 103865000 | 186172000 Derived | -82307000 | -28307000 Derived | -54000000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 145905000 | 194368000 Derived | -48463000 | -15363000 Derived | -33100000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 145.9M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2020 | Revenue | 5381000 |
|
| 2021 | Revenue | 23393000 |
|
| 2022 | Revenue | 52719000 |
|
| 2023 | Revenue | 79565000 |
|
| 2024 | Revenue | 103865000 |
|
| 2025 | Revenue | 145905000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
40.5% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2020 | Year over year | No prior comparable period |
|
| 2021 | Year over year | 334.7% |
|
| 2022 | Year over year | 125.4% |
|
| 2023 | Year over year | 50.9% |
|
| 2024 | Year over year | 30.5% |
|
| 2025 | Year over year | 40.5% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -33.2% 2025
Net margin -22.7% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2020-12-31 | Operating margin | Not reported |
|
| 2021 | Operating margin | -236.3% |
|
| 2022 | Operating margin | -195.3% |
|
| 2023 | Operating margin | -113.2% |
|
| 2024 | Operating margin | -79.2% |
|
| 2025 | Operating margin | -33.2% |
|
| 2020-12-31 | Net margin | Not reported |
|
| 2021 | Net margin | -46.5% |
|
| 2022 | Net margin | -164.6% |
|
| 2023 | Net margin | -135.8% |
|
| 2024 | Net margin | -52% |
|
| 2025 | Net margin | -22.7% |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 18.7M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2020 | Operating cash flow | -23602000 |
|
| 2021 | Operating cash flow | -56781000 |
|
| 2022 | Operating cash flow | -74740000 |
|
| 2023 | Operating cash flow | -9801000 |
|
| 2024 | Operating cash flow | -30900000 |
|
| 2025 | Operating cash flow | 18700000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
60.8% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2020 | Liabilities / assets | 141% |
|
| 2021 | Liabilities / assets | 20% |
|
| 2022 | Liabilities / assets | 34.2% |
|
| 2023 | Liabilities / assets | 51.5% |
|
| 2024 | Liabilities / assets | 56.1% |
|
| 2025 | Liabilities / assets | 60.8% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
1.23× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2020 | Current assets / current liabilities | 0.77× |
|
| 2021 | Current assets / current liabilities | 13.61× |
|
| 2022 | Current assets / current liabilities | 4.9× |
|
| 2023 | Current assets / current liabilities | 2.13× |
|
| 2024 | Current assets / current liabilities | 1.26× |
|
| 2025 | Current assets / current liabilities | 1.23× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2020 2020-01-01 – 2020-12-31 | −USD 28.43 million Exact valueExact value: -28427000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 23.6 million Exact valueExact value: -23602000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-24 – 2020-12-31 | −USD 11.91 million Exact valueExact value: -11912000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 454,000 Exact valueExact value: -454000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | −USD 10.89 million Exact valueExact value: -10888000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 56.78 million Exact valueExact value: -56781000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2022-01-01 – 2022-12-31 | −USD 86.8 million Exact valueExact value: -86795000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 74.74 million Exact valueExact value: -74740000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | −USD 108.05 million Exact valueExact value: -108048000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 9.8 million Exact valueExact value: -9801000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | −USD 54 million Exact valueExact value: -54000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 30.9 million Exact valueExact value: -30900000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | −USD 33.1 million Exact valueExact value: -33100000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 18.7 million Exact valueExact value: 18700000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
34 filings · 2,722 latest values · 2,715 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001805385, 1805385, EVLV, edgar:1805385
Also known as EVOLV TECHNOLOGIES HOLDINGS, INC., EVOLV TECHNOLOGIES HOLDINGS, INC., Evolv Technologies Holdings, Inc., NewHold Investment Corp.