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Evolv Technologies Holdings vs Napco Security Technologies

Napco Security Technologies is the larger business, with $202m of revenue in fiscal 2026 against $146m for Evolv Technologies Holdings (1.4 times as much). Evolv Technologies Holdings grew faster (40.5% against 11.4%). Napco Security Technologies kept more of each dollar of sales as profit: a net margin of 21.3% against -22.7%.

Latest fiscal yearEvolv Technologies HoldingsEVLV, 2025Napco Security TechnologiesNSSC, 2026
Revenue $146m $202m
Revenue growth 40.5% 11.4%
Net income −$33.1m $43.0m
Operating margin -33.2% —
Net margin -22.7% 21.3%
Return on equity -28.0% 23.9%
Free cash flow $18.7m $59.2m
Cash $49.1m $127m
Total debt $30.0m $0
Debt to equity 25.1% —
Dividend per share — $0.58
Dividend yield — 1.8%
Share buybacks — —
Employees 286 —
Market value $835m $1.13bn
Price vs our value range — Within our value range
Moat score 13 (Weak) 68 (Moderate)
Insider trades, 12 months 12 buys, 15 sales 0 buys, 8 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.