Evolv Technologies Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 06/30/24 | FY 03/31/24 | FY 12/31/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $145.9M | $103.9M | — | — | $79.6M |
| Cost of revenue | $70.6M | $44.4M | — | — | $47.7M |
| Gross profit | $75.3M | $59.5M | — | — | $31.9M |
| Research and development | $20.6M | $23.4M | — | — | $24.5M |
| Operating expenses | $123.8M | $141.8M | — | — | $122.0M |
| Operating income | -$48.5M | -$82.3M | — | — | -$90.1M |
| Interest expense | $1.7M | $0 | — | — | $654,000 |
| Pretax income | -$33.1M | -$54.0M | — | — | -$108.0M |
| Income tax expense | $62,000 | $0 | — | — | $51,000 |
| Net income | -$33.1M | -$54.0M | — | — | -$108.0M |
| Balance Sheet | |||||
| Cash and equivalents | $49.1M | $37.0M | $35.7M | $44.6M | $67.2M |
| Current assets | $151.3M | $121.4M | $137.3M | $138.1M | $173.4M |
| Total assets | $304.4M | $268.1M | $269.1M | $280.0M | $297.1M |
| Current liabilities | $123.0M | $96.7M | $80.1M | $76.4M | $81.3M |
| Total liabilities | $185.0M | $150.4M | $117.8M | $140.2M | $153.0M |
| Total debt | $30.0M | $0 | — | — | — |
| Stockholders' equity | $119.4M | $117.7M | $151.2M | $139.8M | $144.1M |
| Cash Flow Statement | |||||
| Cash from operations | $18.7M | -$30.9M | — | — | -$9.8M |
| Depreciation and amortization | $24.3M | $17.4M | — | — | $9.7M |
| Stock-based compensation | $21.1M | $24.8M | — | — | $24.1M |
| Capital expenditure | $3.7M | $5.5M | — | — | $13.3M |
| Free cash flow | $14.9M | -$36.3M | — | — | -$23.1M |
| Impairments | $0 | $1.0M | — | — | $322,000 |
Shares outstanding 179.9M · Free float 54.4%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.