Evolv Technologies Holdings, Inc. Income Statement
EVLV / Information Technology|6 years of annual SEC 10-K data (FY2020-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
Evolv Technologies Holdings, Inc. reported $146M in revenue and $33M in net loss for FY2025. Revenue has grown at a 98.1% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $145.9M | $103.9M | $39.0M | $17.6M | $23.4M | $4.8M |
| Cost of Revenue | $70.6M | $44.4M | $27.6M | $16.4M | $19.4M | $3.5M |
| Gross Profit | $75.3M | $59.5M | $11.5M | $1.3M | $4.0M | $1.3M |
| SG&A Expense | $54.9M | $56.6M | $19.8M | $20.4M | $19.9M | $5.1M |
| R&D Expense | $20.6M | $23.4M | $11.8M | $8.5M | $11.5M | $15.7M |
| Operating Income | -$48.5M | -$82.3M | -$46.6M | -$49.8M | -$55.3M | -$26.9M |
| Interest Expense | - | - | $654.0K | $712.0K | $6.1M | $430.0K |
| Income Tax | $62.0K | $0 | $51.0K | $0 | $0 | $0 |
| Net Income | -$33.1M | -$54.0M | -$95.9M | -$40.1M | -$10.9M | -$27.4M |
| EPS (Basic) | -$0.20 | -$0.28 | -$0.60 | -$0.15 | -$3.07 | -$3.07 |
| EPS (Diluted) | -$0.20 | -$0.28 | -$0.60 | -$0.15 | -$3.07 | -$3.07 |
| Shares Outstanding | 175.4M | 151.3M | 145.2M | 142.7M | 9.8M | 8.9M |
| Gross Margin | 51.6% | 57.3% | 29.3% | 7.2% | 17.2% | 26.9% |
| Operating Margin | -33.2% | -79.2% | -119.5% | -282.4% | -236.2% | - |
| Profit Margin | -22.7% | -52.0% | -245.7% | -227.6% | -46.5% | - |