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Evolv Technologies Holdings, Inc. revenue

Evolv Technologies Holdings, Inc.'s revenue was $146m in fiscal 2025, up 40.5% on the year before. Since fiscal 2020 ($5.4m) it has grown at a compound 93.5% a year. Over the last twelve months it was $171m.

Revenue history

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

Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue5235380104146171
Growth on the year before—+334.7%+125.4%+50.9%+30.5%+40.5%—
Gross profit14132597585
Gross margin24.6%17.2%2.7%40.1%57.2%51.6%49.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Subscriptions $83.8M ▲ 28.9%
Services $29.4M ▲ 25.2%
Saa S Maintenance and Other $29.4M ▲ 25.2%
Products $21.6M ▲ 234.7%
License Fee and Other Revenue $11.1M ▲ 24.4%
License Fee $8.1M ▲ 12.4%
Professional Services and Other Revenue $3M ▲ 74.5%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $141M 96.4% ▲ 40.7%
Outside the US $5.3M 3.6% ▲ 35.7%

From Evolv Technologies Holdings, Inc.'s 10-K filed March 10, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Electronic Equipment & Instruments: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Evolv Technologies Holdings, Inc. $171m 41.7% 31.0%
Planet Image International Ltd $155m 3.6% —
Napco Security Technologies, Inc $203m 8.7% 5.7%
Ouster, Inc. $205m 62.8% 51.6%
Kornit Digital Ltd. $208m 2.1% 61.5%
Intest Corp $128m 5.4% 0.2%

Compare with peers

Head to head: EVLV vs YIBOEVLV vs NSSCEVLV vs OUSTEVLV vs KRNT

More: Electronic Equipment & Instruments stocks compared, Technology sector, rankings of US companies

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.