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Evolv Technologies Holdings, Inc. logo

Evolv Technologies Holdings, Inc.

EVLV

NASDAQIndustrialsSecurity & Protection Services

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Previous close

$5.34

−$0.06 · -1.11%

Aug 21, 4:00 PM ET

EVLV company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

60

Fair Value

Momentum

31

Weakening

Sentiment

69

Bullish

Risk resilience

36

High Risk

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Company profile

Company website

Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally. It offers Evolv Express, that is designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows; Evolv eXpedite, an autonomous AI-based weapon detection system for bags being brought to venues by visitors in high clutter environments; and Evolv Insights Analytics Application which provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance and alarm statistics, and comparisons across multiple business dimensions. The company serves various industries comprising education, healthcare, professional sports, notable performing arts and entertainment venues, major tourist destinations and cultural attractions, government and corporate offices, hospitality facilities, distribution facilities, large industrial workplaces, and houses of worship. Evolv Technologies Holdings, Inc. was founded in 2013 and is headquartered in Waltham, Massachusetts.

Industry
Security & Protection Services
Sector
Industrials
Headquarters
US
CEO
John Kedzierski
Listed since
Sep 22, 2020
Employees
286

Market position

Day range

Current $5.34

52-week range

Current $5.34

Open
$5.44
Previous close
$5.40
Volume
1.87M
0.75× average
Average volume
2.5M
Average daily volume
Market cap
960.51M USD
Beta
1.81
Market reference 1
50-day average
$5.7508
-7.14% below average
200-day average
$6.1229
-12.79% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.2B USD
P/E (TTM)
-205.38×
P/B (TTM)
8.09×
P/S (TTM)
5.6×
EV / EBITDA
-171.18×
Earnings yield
-2.75%
Free cash flow yield
-1.05%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
49.98%
Operating margin
-18.61%
Net margin
-3.05%
Return on equity
-27.75%
Return on assets
-10.89%
Return on invested capital
-24.29%

Financial health

Debt / equity
0.35×
Current ratio
1.23×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends86%-29%-143%-257%Gross margin, FY2021: 17.22%Gross margin, FY2022: 2.66%Gross margin, FY2023: 42.07%Gross margin, FY2024: 57.08%Gross margin, FY2025: 51.61%Operating margin, FY2021: -228.26%Operating margin, FY2022: -195.28%Operating margin, FY2023: -109.75%Operating margin, FY2024: -79.24%Operating margin, FY2025: -30.71%Net margin, FY2021: -46.54%Net margin, FY2022: -164.64%Net margin, FY2023: -132.13%Net margin, FY2024: -52.01%Net margin, FY2025: -22.71%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.22%. Gross margin FY2022 2.66%. Gross margin FY2023 42.07%. Gross margin FY2024 57.08%. Gross margin FY2025 51.61%. Operating margin FY2021 -228.26%. Operating margin FY2022 -195.28%. Operating margin FY2023 -109.75%. Operating margin FY2024 -79.24%. Operating margin FY2025 -30.71%. Net margin FY2021 -46.54%. Net margin FY2022 -164.64%. Net margin FY2023 -132.13%. Net margin FY2024 -52.01%. Net margin FY2025 -22.71%.

Income trends

Revenue

145.91M USD+40.48%

Operating income

−44.8M USD+45.57%

Net income

−33.14M USD+38.65%
Income trends across reported periods171.12M USD70.26M USD−30.61M USD−131.47M USDRevenue, FY2021: 23.39M USDRevenue, FY2022: 52.72M USDRevenue, FY2023: 80.42M USDRevenue, FY2024: 103.87M USDRevenue, FY2025: 145.91M USDOperating income, FY2021: −53.4M USDOperating income, FY2022: −102.95M USDOperating income, FY2023: −88.26M USDOperating income, FY2024: −82.31M USDOperating income, FY2025: −44.8M USDNet income, FY2021: −10.89M USDNet income, FY2022: −86.8M USDNet income, FY2023: −106.25M USDNet income, FY2024: −54.02M USDNet income, FY2025: −33.14M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 23.39M USD. Revenue FY2022 52.72M USD. Revenue FY2023 80.42M USD. Revenue FY2024 103.87M USD. Revenue FY2025 145.91M USD. Operating income FY2021 −53.4M USD. Operating income FY2022 −102.95M USD. Operating income FY2023 −88.26M USD. Operating income FY2024 −82.31M USD. Operating income FY2025 −44.8M USD. Net income FY2021 −10.89M USD. Net income FY2022 −86.8M USD. Net income FY2023 −106.25M USD. Net income FY2024 −54.02M USD. Net income FY2025 −33.14M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue145.91M USD103.87M USD80.42M USD52.72M USD23.39M USD
Cost of goods sold70.6M USD44.58M USD46.59M USD51.32M USD19.36M USD
Gross profit75.3M USD59.29M USD33.83M USD1.4M USD4.03M USD
Research and development20.62M USD23.45M USD24.46M USD18.54M USD11.46M USD
Selling, general, and administrative100.48M USD117.93M USD97.31M USD84.65M USD44.65M USD
Operating expenses120.1M USD141.6M USD122.09M USD104.35M USD57.43M USD
Interest income1.54M USD2.94M USD6.23M USD3.17M USD—
Interest expense1.73M USD—654K USD712K USD6.07M USD
Depreciation and amortization24.34M USD17.38M USD9.93M USD5.44M USD2.9M USD
Operating income−44.8M USD−82.31M USD−88.26M USD−102.95M USD−53.4M USD
Net income−33.14M USD−54.02M USD−106.25M USD−86.8M USD−10.89M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

7 ratings
Strong buy00%
Buy686%
Hold114%
Sell00%
Strong sell00%

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ETFs holding EVLV

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
30.25M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
22.62M
Weight
0.03%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
14.85M
Weight
0.01%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
9.2M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
8.33M
Weight
0.06%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
5.1M
Weight
0.03%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
3.68M
Weight
0.02%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.83+0.52%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
3.06M
Weight
0.20%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$198.39+1.10%

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