6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $146M | -$33M | 51.6% | -33.2% | — | $29M | $49M |
| 2024 | $104M | -$54M | 57.2% | -79.2% | — | $0 | $37M |
| 2023 | $80M | -$108M | 40.1% | -113.2% | — | $0 | $67M |
| 2022 | $53M | -$87M | 2.7% | -195.3% | — | $30M | $230M |
| 2021 | $23M | -$11M | 17.2% | -236.3% | -$73M | $10M | $307M |
| 2020 | $5M | -$12M | 24.6% | -19.1% | -$7M | $16M | $5M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $46M | -$5M | 50.9% | -18.3% | — | $29M | $56M |
| Dec '25 | $39M | $11M | 48.4% | -20.7% | — | $29M | $49M |
| Sep '25 | $43M | -$2M | 49.7% | -20.1% | — | $29M | $32M |
| Jun '25 | $33M | -$41M | 49.8% | -53.8% | — | — | $37M |
| Mar '25 | $32M | -$2M | 59.8% | -45.0% | — | — | $25M |
| Dec '24 | $29M | -$16M | 57.5% | -64.9% | — | $0 | $37M |
| Sep '24 | $27M | -$30M | 57.8% | -70.0% | — | — | $46M |
| Jun '24 | $25M | $3M | 58.5% | -88.7% | — | — | $36M |
| Mar '24 | $22M | -$11M | 54.8% | -98.8% | — | — | $45M |
| Dec '23 | $21M | -$17M | 46.5% | -107.9% | — | $0 | $67M |
| Sep '23 | $20M | $5M | 54.6% | -106.2% | — | $0 | $100M |
| Jun '23 | $19M | -$67M | 36.6% | -127.5% | — | $0 | $126M |
| Mar '23 | $19M | -$29M | 25.6% | -121.0% | — | $0 | $181M |
| Dec '22 | $19M | -$28M | 1.1% | -141.8% | — | $30M | $230M |
| Sep '22 | $16M | -$19M | -0.5% | -162.7% | — | $9M | $218M |
| Jun '22 | $9M | -$26M | 4.2% | -290.6% | -$34M | $10M | $243M |
| Mar '22 | $9M | -$14M | 10.3% | -274.0% | -$30M | $10M | $271M |
| Dec '21 | $7M | $5M | -9.3% | -303.7% | -$20M | $10M | $307M |
| Sep '21 | $8M | $21M | 41.2% | -229.8% | -$27M | $15M | $334M |
| Jun '21 | $5M | -$23M | 15.6% | -147.8% | -$12M | — | $10M |
How the market has priced EVLV against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Evolv Technologies Holdings, Inc.'s revenue has grown 93.5% per year. These are computed facts, not advice.
As of FY2025, Evolv Technologies Holdings, Inc. reported $29M of total debt against $49M of cash; operating income covered interest expense -28.0×.
In FY2025, gross margin was 51.6%, operating margin -33.2%, and net margin -22.7%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.