Financials in USD. Standardized financial statements.
A compact view of how Evolv Technologies Holdings, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $145.91M | $103.86M | $80.42M | $52.72M | $23.39M | $4.79M | $5.85M |
| Revenue Growth? | +40.5% | +29.2% | +52.5% | +125.4% | +388.9% | -18.1% | 0.0% |
| Cost of Revenue? | $70.60M | $44.58M | $46.59M | $51.32M | $19.36M | $3.50M | $5.29M |
| Gross Profit? | $75.30M | $59.29M | $33.83M | $1.40M | $4.03M | $1.29M | $552,000 |
| Gross Margin? | +51.6% | +57.1% | +42.1% | +2.7% | +17.2% | +26.9% | +9.4% |
| Operating Expenses? | $120.10M | $141.59M | $122.09M | $104.35M | $59.30M | $28.18M | $18.95M |
| Operating Income? | -$44.80M | -$82.31M | -$88.26M | -$102.95M | -$55.27M | -$26.90M | -$18.40M |
| EBITDA? | -$20.46M | -$36.64M | -$95.62M | -$80.64M | -$1.93M | -$25.90M | -$18.54M |
| Income Before Tax | -$33.08M | -$54.02M | -$106.20M | -$86.80M | -$10.89M | -$27.39M | -$19.86M |
| Income Tax Expense | $62,000 | $0 | $51,000 | $0 | $0 | $0 | $0 |
| Net Income? | -$33.14M | -$54.02M | -$106.25M | -$86.80M | -$10.89M | -$27.39M | -$19.86M |
| EPS? | $-0.20 | $-0.34 | $-0.71 | $-0.30 | $-0.17 | $-0.20 | $-0.15 |
| Diluted EPS? | $-0.20 | $-0.34 | $-0.71 | $-0.30 | $-0.16 | $-0.20 | $-0.15 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality