Evolv Technologies Holdings, Inc. (EVLV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 46.33M | 38.5M | 42.85M | 32.54M | 32.01M | 29.1M | 27.36M | 25.54M | 22.18M | 21.82M | 20.19M | 19.82M | 18.58M | 20.89M | 16.53M | 9.07M | 8.71M | 6.85M | 8.42M | 4.68M |
| Revenue Growth % | 44.74% | 32.32% | 56.62% | 27.42% | 44.3% | 33.36% | 35.51% | 28.83% | 19.37% | 4.48% | 22.15% | 118.58% | 113.33% | 205.07% | 96.23% | 93.89% | 117.8% | 236.41% | - | - |
| Cost of Goods Sold | 22.53M | 19.88M | 21.54M | 16.33M | 12.86M | 12.36M | 11.55M | 11.07M | 10.03M | 11.56M | 8.8M | 12.41M | 13.82M | 20.83M | 16.3M | 8.52M | 7.81M | 6.54M | 4.96M | 3.95M |
| COGS % of Revenue | 48.63% | 51.62% | 50.28% | 50.17% | 40.17% | 42.47% | 42.22% | 43.34% | 45.2% | 52.98% | 43.59% | 62.61% | 74.36% | 99.74% | 98.64% | 93.9% | 89.7% | 95.53% | 58.84% | 84.44% |
| Gross Profit | 23.8M | 18.63M | 21.31M | 16.22M | 19.15M | 16.74M | 15.81M | 14.47M | 12.15M | 10.26M | 11.39M | 7.41M | 4.76M | 54K | 225K | 553K | 897K | 306K | 3.47M | 728K |
| Gross Margin % | 51.37% | 48.38% | 49.72% | 49.83% | 59.83% | 57.53% | 57.78% | 56.66% | 54.8% | 47.02% | 56.41% | 37.39% | 25.64% | 0.26% | 1.36% | 6.1% | 10.3% | 4.47% | 41.16% | 15.56% |
| Gross Profit Growth % | 24.28% | 11.27% | 34.77% | 12.06% | 57.55% | 63.15% | 38.8% | 95.22% | 155.09% | 18901.85% | 4962.22% | 1240.51% | 431.22% | -82.35% | -93.51% | -24.04% | -14.41% | -34.62% | - | - |
| Operating Expenses | 30.87M | 26.61M | 27.59M | 33.71M | 33.54M | 35.62M | 34.96M | 36.8M | 34.06M | 32.17M | 31.63M | 31.04M | 27.26M | 26.87M | 26.83M | 25.84M | 24.76M | 22.27M | 22.83M | 7.64M |
| OpEx % of Revenue | 66.64% | 69.12% | 64.4% | 103.59% | 104.79% | 122.4% | 127.78% | 144.08% | 153.56% | 147.41% | 156.65% | 156.56% | 146.69% | 128.65% | 162.29% | 284.84% | 284.27% | 325.3% | 270.98% | 163.36% |
| Selling, General & Admin | 26.19M | 21.2M | 21.99M | 20.91M | 26.02M | 30.21M | 28.94M | 31.08M | 25.35M | 25.91M | 25.19M | 24.49M | 21.73M | 22.08M | 20.59M | 21.36M | 20.02M | 18.97M | 17.49M | 6.57M |
| SG&A % of Revenue | 56.52% | 55.06% | 51.31% | 64.25% | 81.28% | 103.83% | 105.78% | 121.68% | 114.29% | 118.72% | 124.77% | 123.52% | 116.95% | 105.72% | 124.53% | 235.53% | 229.79% | 277.11% | 207.64% | 140.34% |
| Research & Development | 5.88M | 5.41M | 5.61M | 4.74M | 4.86M | 5.39M | 5.81M | 5.72M | 6.4M | 6.26M | 6.41M | 6.39M | 5.39M | 4.82M | 5.62M | 4.16M | 4.17M | 3.09M | 3.61M | 1.05M |
| R&D % of Revenue | 12.7% | 14.06% | 13.09% | 14.56% | 15.19% | 18.52% | 21.24% | 22.4% | 28.84% | 28.7% | 31.74% | 32.26% | 29% | 23.1% | 33.97% | 45.82% | 47.93% | 45.08% | 42.88% | 22.38% |
| Other Operating Expenses | -1000K | 0 | 0 | 1000K | 1000K | 15K | 209K | 0 | 1000K | -17K | 28K | 157K | 137K | -35K | 626K | 316K | 570K | 213K | 1000K | 30K |
| Operating Income | -7.07M | -7.99M | -6.29M | -17.49M | -14.39M | -18.88M | -19.15M | -22.33M | -21.91M | -21.91M | -20.24M | -23.63M | -22.49M | -26.81M | -26.6M | -25.28M | -23.86M | -21.96M | -19.36M | -6.91M |
| Operating Margin % | -15.27% | -20.74% | -14.68% | -53.75% | -44.96% | -64.87% | -70% | -87.42% | -98.76% | -100.39% | -100.24% | -119.17% | -121.04% | -128.39% | -160.93% | -278.74% | -273.97% | -320.83% | -229.82% | -147.8% |
| Operating Income Growth % | 50.85% | 57.7% | 67.16% | 21.65% | 34.31% | 13.82% | 5.37% | 5.5% | 2.6% | 18.3% | 23.92% | 6.55% | 5.75% | -22.08% | -37.41% | -265.66% | -160.88% | -135.99% | - | - |
| EBITDA | -271K | -1.5M | 252K | -11.71M | -8.86M | -13.44M | -14.58M | -18.36M | -18.45M | -18.75M | -17.55M | -21.35M | -20.68M | -25.13M | -25.17M | -24.02M | -22.78M | -21.02M | -18.51M | -6.26M |
| EBITDA Margin % | -0.58% | -3.91% | 0.59% | -35.97% | -27.68% | -46.17% | -53.28% | -71.88% | -83.17% | -85.95% | -86.9% | -107.71% | -111.27% | -120.33% | -152.27% | -264.81% | -261.5% | -307% | -219.78% | -133.9% |
| EBITDA Growth % | 96.94% | 88.81% | 101.73% | 36.24% | 51.98% | 28.36% | 16.92% | 14.03% | 10.77% | 25.37% | 30.29% | 11.09% | 9.22% | -19.57% | -35.95% | -283.43% | -161.96% | -135.43% | - | - |
| D&A (Non-Cash Add-back) | 6.8M | 6.48M | 6.54M | 5.79M | 5.53M | 5.44M | 4.58M | 3.97M | 3.46M | 3.15M | 2.69M | 2.27M | 1.81M | 1.68M | 1.43M | 1.26M | 1.09M | 947K | 846K | 650K |
| EBIT | -7.07M | -7.99M | -1.08M | -40.54M | -1.63M | -15.72M | -30.44M | 3.46M | -11.27M | -16.84M | 6M | -66.75M | -27.95M | -28.08M | -18.43M | -25.53M | -13.66M | 2.62M | 21.1M | -19.71M |
| Net Interest Income | -447K | -531K | -277K | 224K | 388K | 548K | 628K | 681K | 1.08M | 1.63M | 1.79M | 1.85M | 299K | 1.33M | 864K | 332K | -74K | -107K | -295K | -3.26M |
| Interest Income | 515K | 487K | 436K | 224K | 389K | 548K | 628K | 681K | 1.08M | 1.63M | 1.79M | 1.85M | 953K | 1.55M | 1.05M | 491K | 68K | 0 | 0 | 0 |
| Interest Expense | 962K | 1.02M | 713K | 0 | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 654K | 223K | 188K | 159K | 142K | 107K | 295K | 3.26M |
| Other Income/Expense | 2.03M | 18.87M | 4.49M | -23.04M | 12.76M | 3.16M | -11.29M | 25.79M | 10.63M | 5.07M | 26.24M | -43.13M | -6.12M | -1.49M | 7.99M | -404K | 10.06M | 24.48M | 40.17M | -16.06M |
| Pretax Income | -5.05M | 10.88M | -1.8M | -40.54M | -1.63M | -15.72M | -30.44M | 3.46M | -11.27M | -16.84M | 6M | -66.75M | -28.61M | -28.3M | -18.61M | -25.69M | -13.8M | 2.52M | 20.81M | -22.98M |
| Pretax Margin % | -10.89% | 28.26% | -4.19% | -124.56% | -5.08% | -54.02% | -111.27% | 13.56% | -50.82% | -77.17% | 29.71% | -336.72% | -153.97% | -135.51% | -112.61% | -283.2% | -158.45% | 36.77% | 247% | -491.17% |
| Income Tax | -37K | 0 | 0 | -1K | 63K | 0 | 0 | 0 | 0 | 51K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0.73% | 0% | 0% | 0% | -3.87% | 0% | 0% | 0% | 0% | -0.3% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -5.01M | 10.88M | -1.8M | -40.53M | -1.69M | -15.72M | -30.44M | 3.46M | -11.27M | -16.89M | 6M | -66.75M | -28.61M | -28.3M | -18.61M | -25.69M | -13.8M | 2.52M | 20.81M | -22.98M |
| Net Margin % | -10.81% | 28.26% | -4.19% | -124.55% | -5.28% | -54.02% | -111.27% | 13.56% | -50.82% | -77.4% | 29.71% | -336.72% | -153.97% | -135.52% | -112.61% | -283.2% | -158.45% | 36.77% | 247% | -491.17% |
| Net Income Growth % | -196.57% | 169.22% | 94.1% | -1270.86% | 85.02% | 6.93% | -607.47% | 105.19% | 60.6% | 40.33% | 132.23% | -159.88% | -107.3% | -1224.51% | -189.47% | -11.79% | -0.33% | 126.23% | - | - |
| Net Income (Continuing) | -5.01M | 10.88M | -1.8M | -40.53M | -1.69M | -15.72M | -30.44M | 3.46M | -11.27M | -16.89M | 6M | -66.75M | -28.61M | -28.3M | -18.61M | -25.69M | -13.8M | 2.52M | 20.81M | -22.98M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.03 | 0.06 | -0.01 | -0.25 | -0.01 | -0.10 | -0.19 | 0.02 | -0.08 | -0.11 | 0.03 | -0.45 | -0.24 | 0.05 | -0.07 | -0.18 | -0.02 | 0.02 | 0.14 | -0.16 |
| EPS Growth % | -169.52% | 158.14% | 94.74% | -1350% | 86.2% | 10.09% | -650.72% | 104.44% | 68.29% | -323.12% | 146.81% | -150% | -1021.5% | 146.5% | -152.64% | -12.5% | 77.87% | 129.63% | - | - |
| EPS (Basic) | -0.03 | 0.06 | -0.01 | -0.25 | -0.01 | -0.10 | -0.19 | 0.02 | -0.08 | -0.11 | 0.04 | -0.45 | -0.24 | 0.05 | -0.07 | -0.18 | -0.02 | 0.02 | 0.17 | -0.16 |
| Diluted Shares Outstanding | 177.06M | 189.13M | 172.79M | 165.25M | 160.81M | 157.71M | 157.71M | 171.56M | 153.08M | 151.09M | 173.98M | 148.88M | 146.43M | 144.86M | 144.12M | 143.55M | 142.88M | 161.91M | 153.94M | 142.26M |
| Basic Shares Outstanding | 177.06M | 174.63M | 172.79M | 165.25M | 160.81M | 157.71M | 157.71M | 156.47M | 153.08M | 151.09M | 150.21M | 148.88M | 146.43M | 144.86M | 143.19M | 143.55M | 142.88M | 142.4M | 119.75M | 142.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |