Evolv Technologies Holdings, Inc. (EVLV) — Financial statements
Income statement, balance sheet, and cash flow for Evolv Technologies Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 146↑40.5% | 104↑29.2% | 80↑52.5% | 53↑125.4% | 23 | |
| Cost of Revenue | 71↑58.4% | 45↓4.3% | 47↓9.2% | 51↑165.0% | 19 | |
| Gross Profit | 75↑27.0% | 59↑75.3% | 34↑2316.4% | 1↓65.3% | 4 | |
| Operating Expenses | ||||||
| R&D Expenses | 21↓12.1% | 23↓4.1% | 24↑31.9% | 19↑61.8% | 11 | |
| General & Administrative Expenses | 55↓3.1% | 57↑34.6% | 42↑10.9% | 38↑3.2% | 37 | |
| Selling & Marketing Expenses | 46↓25.6% | 61↑11.0% | 55↑18.3% | 47↑495.2% | 8 | |
| SG&A Expenses | 100↓14.8% | 118↑21.2% | 97↑15.0% | 85↑89.6% | 45 | |
| Other Expenses | -1↓546.4% | 0.22↓30.4% | 0.32↓72.3% | 1↓63.5% | 3 | |
| Operating Expenses | 120↓15.2% | 142↑16.0% | 122↑17.0% | 104↑76.0% | 59 | |
| Total Costs & Expenses | 191↑2.4% | 186↑10.4% | 169↑8.4% | 156↑97.9% | 79 | |
| Operating Results | ||||||
| Operating Income | -45↑45.6% | -82↑6.7% | -88↑14.3% | -103↓86.3% | -55 | |
| Depreciation & Amortization | 24↑40.1% | 17↑74.9% | 10↑82.5% | 5↑88.0% | 3 | |
| EBITDA | -20↑44.2% | -37↑61.7% | -96↓18.6% | -81↓4089.1% | -2 | |
| EBIT | -45↑17.1% | -54↑48.8% | -106↓22.6% | -86↓1686.0% | -5 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.20↓106.7% | 3↓47.2% | 6↑127.2% | 2↑140.4% | -6 | |
| Interest Income | 2↓47.8% | 3↓52.8% | 6↑96.7% | 3 | 0.00 | |
| Interest Expense | 2 | 0.00↓100.0% | 0.65↓8.1% | 0.71↓88.3% | 6 | |
| Non-Operating Income | 0.00↑100.0% | -28↓263.6% | 17↑202.5% | -17↑66.6% | -50 | |
| Other Income / Expenses | 12↓58.6% | 28↑257.7% | -18↓211.1% | 16↓63.6% | 44 | |
| Income Before Tax | -33↑38.8% | -54↑49.1% | -106↓22.4% | -87↓697.2% | -11 | |
| Income Tax Expense | 0.06 | 0.00↓100.0% | 0.05 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -33↑38.7% | -54↑49.2% | -106↓22.4% | -87↓697.2% | -11 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -33↑38.7% | -54↑49.2% | -106↓22.4% | -87↓697.2% | -11 | |
| Bottom-Line Net Income | -33↑38.7% | -54↑49.2% | -106↓22.4% | -87↓697.2% | -11 | |
| EPS (Basic) | -0.20↑41.2% | -0.34↑52.1% | -0.71↓136.7% | -0.30↓76.5% | -0.17 | |
| EPS (Diluted) | -0.20↑41.2% | -0.34↑52.1% | -0.71↓136.7% | -0.30↓87.5% | -0.16 | |
| Weighted Average Shares | 168↑7.6% | 157↑5.0% | 149↑3.7% | 144↑0.9% | 143 | |
| Weighted Average Diluted Shares | 168↑7.6% | 157↑5.0% | 149↑3.7% | 144↓5.6% | 152 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.