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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›EVLV›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Evolv Technologies Holdings, Inc. (EVLV) financials

Income statement

Evolv Technologies Holdings, Inc. (EVLV) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$4.79M$23.4M$52.7M$79.6M$104M$146M
Revenue growth—388.9%125.4%50.9%30.5%40.5%
Gross profit$1.29M$4.03M$1.40M$31.9M$59.5M$75.3M
Gross margin26.9%17.2%2.7%40.1%57.2%51.6%
Operating income-$26.9M-$55.3M-$103M-$90.1M-$82.3M-$48.5M
Operating margin-562.1%-236.3%-195.3%-113.2%-79.2%-33.2%
Net income-$27.4M-$10.9M-$86.8M-$108M-$54.0M-$33.1M
Net margin-572.5%-46.5%-164.6%-135.8%-52.0%-22.7%
EPS (diluted)-$3.07-$0.15-$0.60-$0.72-$0.34-$0.20

Cash flow

Evolv Technologies Holdings, Inc. (EVLV) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$23.3M-$56.8M-$74.7M-$9.80M-$30.9M$18.7M
Capital expenditures$6.61M$3.71M————
Free cash flow-$29.9M-$60.5M————

Balance sheet

Evolv Technologies Holdings, Inc. (EVLV) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$4.70M$307M$243M$181M$37.0M$49.1M
Total assets$21.8M$363M$332M$305M$268M$304M
Total liabilities$30.7M$72.6M$72.8M$101M$150M$185M
Long-term debt$16.4M$7.95M$5.96M$0.00$0.00$28.6M
Shareholders' equity-$84.8M$290M$260M$144M$118M$119M
Retained earnings-$94.9M-$106M-$146M-$221M-$355M-$388M
Shares (wtd avg diluted)8.93M71.7M144M149M157M168M

Every figure is extracted from Evolv Technologies Holdings, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Evolv Technologies Holdings, Inc.'s annual revenue?
Evolv Technologies Holdings, Inc. (EVLV) reported $146M of revenue for fiscal year 2025 — up 40.5% from $104M in FY2024, per its annual report filed with the SEC.
Is Evolv Technologies Holdings, Inc. profitable?
Not in FY2025 — EVLV reported a net loss of $33.1M, per SEC filings.
Does EVLV pay a dividend?
Evolv Technologies Holdings, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full EVLV analysis — verdict, score & filings →Is EVLV a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.