Evolv Technologies Holdings, Inc. income statement

In fiscal 2025, Evolv Technologies Holdings, Inc. reported revenue of $146m, up 40.5% on the year before, operating income of −$48.5m (a -33.2% margin) and net income of −$33.1m, or −$0.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Evolv Technologies Holdings, Inc.: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	5	23	53	80	104	146	171
Cost of revenue	4	19	51	48	44	71	86
Gross profit	1	4	1	32	59	75	85
Research and development	16	11	19	24	23	21	23
Selling and marketing	8	26	47	55	61	46	48
General and administrative	6	20	38	42	57	55	50
Operating income	−28	−55	−103	−90	−82	−48	−36
Interest expense	0	6	1	1	0	2	4
Income before tax	−27	−11	−87	−108	−54	−33	−5
Income tax	0	0	0	0	0	0	−0
Net income	−28	−11	−87	−108	−54	−33	−5
Diluted EPS	−$0.20	−$0.07	−$0.60	−$0.72	−$0.34	−$0.20	−$0.03
Diluted shares (average)	143m	143m	144m	149m	157m	168m	176m
EBITDA	−27	−52	−98	−80	−65	−24	−9

US$ millions unless shown otherwise. Fiscal quarters.

Evolv Technologies Holdings, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	27	29	32	33	43	39	46	44
Cost of revenue	12	12	13	16	22	20	23	22
Gross profit	16	17	19	16	21	19	24	22
Research and development	6	5	5	5	6	5	6	6
Selling and marketing	15	13	11	12	12	11	13	13
General and administrative	14	17	15	17	13	10	14	14
Operating income	−19	−19	−14	−17	−9	−8	−8	−11
Interest expense	0	0	0	0	1	1	1	1
Income before tax	−30	−16	−2	−41	−2	11	−5	−9
Income tax	0	0	0	−0	0	0	−0	0
Net income	−30	−16	−2	−41	−2	11	−5	−9
Diluted EPS	−$0.19	−$0.09	−$0.01	−$0.25	−$0.01	$0.06	−$0.03	−$0.05
EBITDA	−15	−13	−9	−12	−2	−2	−2	−3

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Evolv Technologies Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Evolv Technologies Holdings, Inc.