Company / R&D Expense
Evolv Technologies Holdings, Inc. R&D Expense History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$20.6M
FY2025
5-year range
$8.5M / $23.4M
FY2021-FY2025
Trend
-12.1%
vs FY2024
Sector context
#247 of 264
Information Technology
What the data says
Among 264 Information Technology companies, Evolv Technologies Holdings, Inc. is in the bottom 6% for r&d expense. Improved from $12M to $21M over the past 2 years.
Based on SEC 10-K filings.
$21M in FY2025 with a 5-year CAGR of +5.6%.
Improved from $12M to $21M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +34.1%
- 5-Year CAGR
- +5.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 6% in Information TechnologyTop 94% of 264This company $20.6M Sector average $924.6M
▼
-97.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.6%, indicating consistent growth.
- In FY2025, r&d expense decreased 12.1% year-over-year.
- Ranks #247 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2024.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $20.6M | -12.1% |
| FY2024 | $23.4M | +99.0% |
| FY2023 | $11.8M | +37.8% |
| FY2022 | $8.5M | -25.4% |
| FY2021 | $11.5M | -27.1% |
| FY2020 | $15.7M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026