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Sunday 11 October 2026 Export all EVLV data to Excel Powerpack

Evolv Technologies Holdings, Inc.

EVLV Industrials Security & Protection Services

Evolv Technologies Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $145.9 million, up 40.5% from fiscal 2024. In the quarter to June 2026, revenue grew 34.4%, EPS grew 80.0% and free cash flow grew 203.9%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

4.53 0.05 −1.09%
Market cap
$829.6M
P/E
0.0×
Fwd P/E
−29.6×
Dividend yield
—
F-score
4/9
Altman Z
2.19
Beneish M
−3.16
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.70
Total sells 6.16
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 3 — — — — — — — — 2 1 —
Sell 1 1 2 1 1 1 2 2 1 1 — —
Insider Ownership 6.32%

Capital & Financial Ratios $m

Market Cap 829.56
Revenue 171.44
Net Income (5.22)
Free Cash Flow (5.54)
Net Debt (34.63)
Current Ratio 1.18
Debt/Equity 0.24 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (29.60) (negative: loss-making)
P/S ratio 4.76
P/B ratio 6.86 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 23.33% (at or above 15%: strong)
Next Y EPS Growth 52.17% (at or above 15%: strong)
Next Y revenue growth 25.01% (at or above 10%: strong)
Next 5Y EPS Growth 24.24% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 4.6×, against a ten-year median of 6.2×; over the ten years it ranged from −2.9× in 2022 to 19.6× in 2021.
P/S against its own 10 years 5.81%
10-year low 10-year high
P/B against its own 10 years 61.80%
10-year low 10-year high
EV/Sales against its own 10 years 22.77%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 119 52 69 63
Receivables 22 28 31 40
Inventory 10 17 9 9
Other 6 6 7 8
173 121 151 149
2023 2024 2025 Q'26
Payables 17 10 10 12
ST’ Debt — — — —
Other — — — —
81 97 123 127

Compound Annual Growth %

10y 5y 3y
Sales — 98.08% 40.40%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (19.27%)

Revenue $m

Mar Jun Sep Dec Year
’26 46 44 — — —
’25 32 33 43 39 146
’24 22 25 27 29 104
’23 19 20 20 21 80
’22 9 9 17 18 53
’21 4 5 8 6 23
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) 12 — — —
’25 (3) 2 4 16 19
’24 (16) (22) 4 3 (31)
’23 (3) (5) 2 (3) (10)
’22 (29) (23) (17) (5) (75)
’21 (12) (6) (24) (14) (57)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) 2 — — —
’25 (17) (2) (11) 12 (18)
’24 (38) (25) (1) (5) (68)
’23 (17) (26) (17) (22) (82)
’22 (37) (28) (23) (10) (99)
’21 (15) (12) (27) (21) (74)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.03) (0.05) — — —
’25 (0.01) (0.25) (0.01) 0.06 (0.20)
’24 (0.08) 0.02 (0.19) (0.10) (0.34)
’23 (0.20) (0.45) 0.03 (0.11) (0.71)
’22 (0.10) (0.18) (0.13) (0.19) (0.60)
’21 (1.32) (1.93) 0.15 0.02 (0.15)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — 9.43 4.28 1.57 2.29 2.01 2.64

Analyst estimates 2026–2028

Powerpack
High — — — — 10.19 12.90 4.88 8.30 5.73 8.91
People
People Employees — — — — 3 102 225 293 287 286
Revenue/emp, $m — — — — 1.60 0.23 0.23 0.27 0.36 0.51
Income, $m
Income, $m Revenue — — — — 5 23 53 80 104 146
Gross margin, % — — — — 26.94 17.22 2.66 40.10 57.25 51.61
EBT — — — — (27) (11) (87) (108) (54) (33)
EBT margin, % — — — — (572.46) (46.54) (164.64) (135.73) (52.01) (22.67)
Net income — 0 — 0 (27) (11) (87) (108) (54) (33)
Depreciation — — — — 1 3 5 10 17 24
Per share, $
Per share, $ Revenue — — — — 0.54 0.33 0.37 0.53 0.66 0.87
Earnings — — — — (3.07) (0.15) (0.60) (0.71) (0.34) (0.20)
Cash flow — — — — (2.60) (0.79) (0.52) (0.07) (0.20) 0.11
Capex — — — — (0.74) (0.25) (0.17) (0.49) (0.24) (0.22)
Free cash flow — — — — (3.34) (1.04) (0.69) (0.55) (0.44) (0.11)
Book value — — — — (0.99) 4.05 1.58 0.97 0.75 0.71
Shares, m — — — — 9 72 144 149 157 168
Valuation, ×
Valuation, × P/E — — — — 0.00 0.00 0.00 0.00 0.00 0.00
P/S — — — — 0.00 13.66 6.74 8.96 5.95 8.26
P/B — — — — 0.00 1.10 1.57 4.95 5.26 10.10
EV/Sales — — — — 0.00 0.93 2.94 7.60 5.55 8.06
EV/FCF — — — — 0.00 (0.30) (1.57) (7.35) (8.46) (64.14)
Cash, $m
Cash, $m Operating cash flow — — — — (23) (57) (75) (10) (31) 19
Capex — — — — (7) (18) (24) (72) (37) (37)
Free cash flow — — — — (30) (74) (99) (82) (68) (18)
Balance, $m
Balance, $m Working capital — — — — (2) 307 233 92 25 28
Total debt — — — — 17 10 30 — — 29
Net debt — — — — 12 (298) (200) (119) (52) (40)
Shareholders’ equity — — — — (9) 290 227 144 118 119
Returns, %
Returns, % ROA — — — 0.00 (256.54) (5.67) (24.42) (33.49) (19.11) (11.58)
ROIC — — — — (512.81) 0.00 (239.33) (221.47) (78.29) (38.35)
ROE — — — — (26.57) (10.59) (33.56) (58.23) (41.27) (27.96)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Evolv Technologies Holdings, Inc. vs peers in Security & Protection Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BCO Brink's Company (The) $4.2B 23.9× 12.4× +7.06% (above 0%: growing) +3.88% (above 0%: growing) −97.49% (below 0%: shrinking) 26.29% 9.57% Compare
GEO Geo Group Inc (The) $4.1B 14.5× 20.6× +15.08% (above 0%: growing) +71.43% (above 0%: growing) +2,422.02% (above 0%: growing) 27.51% 13.89% Compare
BRC Brady Corporation $4.0B 19.6× 16.5× +9.98% (above 0%: growing) −7.62% (below 0%: shrinking) +22.90% (above 0%: growing) 52.90% 13.76% Compare
CXW CoreCivic, Inc. $3.2B 25.9× 14.7× +27.27% (above 0%: growing) +8.57% (above 0%: growing) +55.25% (above 0%: growing) 21.74% 10.07% Compare
NSSC NAPCO Security Technologies, Inc. $1.3B 29.9× 21.5× +10.02% (above 0%: growing) +51.52% (above 0%: growing) +19.89% (above 0%: growing) 61.31% 33.02% Compare
EVLV Evolv Technologies Holdings, Inc. $829.6M — (loss-making) — (loss-making) +34.44% (above 0%: growing) n/m +203.88% (above 0%: growing) 50.17% (24.11%)
MG Mistras Group Inc $659.5M 24.2× 17.0× +4.17% (above 0%: growing) +140.00% (above 0%: growing) +156.37% (above 0%: growing) 29.23% 6.70% Compare
CIX CompX International Inc. $487.1M 21.9× 12.8× +8.05% (above 0%: growing) +34.09% (above 0%: growing) +79.73% (above 0%: growing) 35.62% 20.45% Compare
NL NLI Holdings, Inc. $340.8M — (loss-making) 9.8× +8.05% (above 0%: growing) +1,700.00% (above 0%: growing) +65.68% (above 0%: growing) 35.62% 14.06% Compare
Median of peers $2.2B 23.9× 15.6× +9.02% +42.81% +60.47% 32.43% 13.82%

All 22 Security & Protection Services stocks →

Evolv Technologies Holdings, Inc. (EVLV) key facts

  • Strength: Evolv Technologies Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $145.9 million, up 40.5% from fiscal 2024.
  • Evolv Technologies Holdings, Inc. (EVLV) is a Security & Protection Services company in the Industrials sector, listed on Nasdaq.
  • As of October 9, 2026, EVLV traded at $4.53, a market capitalization of $829.6 million.
  • Return on equity was −28.0% and debt-to-equity 0.24.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 2.19 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Evolv Technologies Holdings, Inc. (EVLV) Latest News

9 Mar

Impact 5 ·
stockrow.com/EVLV · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com