Company / Cost of Revenue
Evolv Technologies Holdings, Inc. Cost of Revenue History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$70.6M
FY2025
5-year range
$16.4M / $70.6M
FY2021-FY2025
Trend
+59.0%
vs FY2024
Sector context
#255 of 276
Information Technology
What the data says
Among 276 Information Technology companies, Evolv Technologies Holdings, Inc. is in the top 8% for cost of revenue. Cost of Revenue has increased for 3 consecutive years, from $16M in FY2022 to $71M in FY2025.
Based on SEC 10-K filings.
$71M in FY2025 with a 5-year CAGR of +82.4%.
Increased from $28M to $71M over the past 2 years.
Information Technology sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +62.8%
- 5-Year CAGR
- +82.4%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in Information TechnologyTop 8% of 276This company $70.6M Sector average $4.0B
▼
-98.2% below sector average
Key checks
Key Insights
- Evolv Technologies Holdings, Inc.'s cost of revenue has grown for 3 consecutive years.
- 5-year CAGR of +82.4%, indicating consistent growth.
- In FY2025, cost of revenue increased 59.0% year-over-year.
- Ranks #255 out of 276 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score -0.76 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $70.6M | +59.0% |
| FY2024 | $44.4M | +61.1% |
| FY2023 | $27.6M | +68.6% |
| FY2022 | $16.4M | -15.5% |
| FY2021 | $19.4M | +453.9% |
| FY2020 | $3.5M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026