Evolv Technologies EVLV
$4.56 +$0.03 (+0.66%)
Market closed · Nov 6, 8:20 pm ET · Last extended-hours $4.58 +0.44%
Open$4.51
Prev close$4.53
Day range$4.47 – $4.59
Volume1.58M
Market cap$825.94M
P/E (TTM)–
Dividend yield–
Fundamentals
Latest reported quarter: Q2, ended Jun 2026
Revenue$43.75M+34.4% YoY
Operating profit-$7.16M+24.1% YoY
Net profit-$9.30M+77.1% YoY
Diluted EPS-$0.05+80.0% YoY
Free cash flow$2.09M+203.9% YoY
Operating cash flow$11.90M
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Gross margin49.9%
Operating margin-25.5%
Net margin-3.0%
Return on equity-4.9%
Return on assets-1.8%
Return on invested capital-2.6%
Current ratio1.18
Liabilities / assets60.6%
Cash & investments$62.63M
Total debt$38.45M
Net cash (debt)$24.18M
Income statement
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $43.75M | $46.33M | $145.91M | $38.50M | $42.85M |
| Total Operating Revenue | $43.75M | $46.33M | $145.91M | $38.50M | $42.85M |
| Cost of Revenue | $21.80M | $22.73M | $70.60M | $19.88M | $21.54M |
| Gross Profit | $21.95M | $23.60M | $75.30M | $18.63M | $21.31M |
| Operating Expense | $29.11M | $29.22M | $121.10M | $43.27M | $27.60M |
| Selling and Admin Expenses | $23.33M | $23.34M | $100.48M | $37.85M | $21.99M |
| -Selling & Marketing Expense | $2.84M | $2.51M | $45.63M | $39.61M | $2.10M |
| -General & Admin Expense | $20.49M | $20.83M | $54.86M | -$1.76M | $19.88M |
| Research & Development | $5.78M | $5.89M | $20.62M | $5.41M | $5.61M |
| Operating Profit | -$7.16M | -$5.62M | -$45.80M | -$24.64M | -$6.29M |
| Net Non-Operating Interest Income (Expense) | -$477,000.00 | -$447,000.00 | -$196,000.00 | -$531,000.00 | -$277,000.00 |
| Non-Operating Interest Income | $488,000.00 | $515,000.00 | $1.54M | $487,000.00 | $436,000.00 |
| Non-Operating Interest Expense | $965,000.00 | $962,000.00 | $1.73M | $1.02M | $713,000.00 |
| Other Income (Expense) | -$1.66M | $1.02M | $12.92M | $36.05M | $4.77M |
| Gain on Sale of Security | $1.74M | $2.04M | $435,000.00 | $6.60M | -$2.58M |
| Special Income (Charges) | -$3.38M | -$985,000.00 | $12.39M | $29.47M | $7.39M |
| -Less:Restructuring and Mergern & Acquisition | -$12,000.00 | -$1.87M | -$12.39M | -$12.82M | -$9.70M |
| -Less:Other Special Charges | $3.39M | $2.85M | – | – | $2.31M |
| Other Non-Operating Income (Expenses) | -$17,000.00 | -$37,000.00 | $99,000.00 | -$18,000.00 | -$44,000.00 |
| Pretax Profit | -$9.30M | -$5.05M | -$33.08M | $10.88M | -$1.80M |
| Tax | $0.00 | -$37,000.00 | $62,000.00 | $0.00 | $0.00 |
| Net Profit | -$9.30M | -$5.01M | -$33.14M | $10.88M | -$1.80M |
| Profit from Continuing Operations | -$9.30M | -$5.01M | -$33.14M | $10.88M | -$1.80M |
| Net Income to Parent Company | -$9.30M | -$5.01M | -$33.14M | $10.88M | -$1.80M |
| Net Income to Common Stockholders | -$9.30M | -$5.01M | -$33.14M | $10.88M | -$1.80M |
| Basic EPS | -$0.05 | -$0.03 | -$0.20 | $0.06 | -$0.01 |
| Diluted EPS | -$0.05 | -$0.03 | -$0.20 | $0.06 | -$0.01 |
| -Less:Impairment of Capital Assets | – | – | $0.00 | $0.00 | $0.00 |
Balance sheet
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Assets | $302.02M | $304.64M | $304.41M | $304.41M | $304.29M |
| Total Current Assets | $149.41M | $151.98M | $151.30M | $151.30M | $151.64M |
| Cash and Cash Equivalents & Short-Term Investments | $62.63M | $61.07M | $69.04M | $69.04M | $56.23M |
| -Cash and Cash Equivalents | $52.70M | $56.08M | $49.15M | $49.15M | $31.50M |
| -Short Term Investments | $9.94M | $4.99M | $19.89M | $19.89M | $24.72M |
| Receivables | $42.10M | $43.91M | $47.06M | $47.06M | $50.10M |
| -Accounts Receivable | $39.58M | $42.71M | $30.84M | $30.84M | $48.88M |
| -Other Receivables | $2.53M | $1.20M | $16.22M | $16.22M | $1.21M |
| Inventory | $8.66M | $8.26M | $9.32M | $9.32M | $8.77M |
| Restricted Cash | $733,000.00 | – | – | – | – |
| Other Current Assets | $35.28M | $38.74M | $10.39M | $10.39M | $36.55M |
| Total Non-Current Assets | $152.62M | $152.66M | $153.11M | $153.11M | $152.65M |
| Net PPE | $140.39M | $139.71M | $139.83M | $139.83M | $139.65M |
| -Gross PPE | $211.71M | $204.34M | $197.82M | $197.82M | $191.07M |
| -Accumulated Depreciation | -$71.32M | -$64.63M | -$58.00M | -$58.00M | -$51.42M |
| Non Current Accounts Receivables | $7,000.00 | $12,000.00 | $15,000.00 | $15,000.00 | $381,000.00 |
| Other Non-Current Assets | $12.22M | $12.94M | $13.27M | $13.27M | $12.62M |
| Total Liabilities | $183.17M | $183.97M | $184.99M | $184.99M | $202.05M |
| Total Current Liabilities | $126.85M | $125.86M | $122.98M | $122.98M | $119.35M |
| Payables | $12.25M | $17.09M | $10.52M | $10.52M | $4.72M |
| -Accounts Payable | $12.25M | $17.09M | $9.77M | $9.77M | $4.72M |
| Current Accrued Expenses | $37.02M | $30.35M | $17.69M | $17.69M | $33.95M |
| Short-Term Debt and Capital Lease Obligation | $3.12M | $3.12M | $2.99M | $2.99M | $2.77M |
| -Current Capital Lease Obligation | $3.12M | $3.12M | $2.99M | $2.99M | $2.77M |
| Current Deferred Liabilities | $74.46M | $75.31M | $74.92M | $74.92M | $77.90M |
| Total Non-Current Liabilities | $56.32M | $58.10M | $62.01M | $62.01M | $82.71M |
| Long Term Debt and Capital Lease Obligation | $38.45M | $38.86M | $39.25M | $39.25M | $39.64M |
| -Long Term Debt | $28.74M | $28.67M | $28.60M | $28.60M | $28.53M |
| -Long Term Capital Lease Obligation | $9.72M | $10.19M | $10.65M | $10.65M | $11.11M |
| Derivative Product Liabilities | $83,000.00 | $1.82M | $3.86M | $3.86M | $10.46M |
| Non-Current Deferred Liabilities | $17.78M | $17.04M | $16.72M | $16.72M | $18.46M |
| Total Equity | $118.86M | $120.67M | $119.42M | $119.42M | $102.24M |
| Stockholders' Equity | $118.86M | $120.67M | $119.42M | $119.42M | $102.24M |
| Capital Stock | $18,000.00 | $18,000.00 | $18,000.00 | $18,000.00 | $17,000.00 |
| -Common Stock | $18,000.00 | $18,000.00 | $18,000.00 | $18,000.00 | $17,000.00 |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Additional Paid-In Capital | $521.06M | $513.58M | $507.35M | $507.35M | $501.04M |
| Retained Earnings | -$402.11M | -$392.81M | -$387.80M | -$387.80M | -$398.68M |
| Gains/Losses Not Affecting Retained Earnings | -$113,000.00 | -$113,000.00 | -$141,000.00 | -$141,000.00 | -$137,000.00 |
| Other Non-Current Liabilities | – | $392,000.00 | $2.18M | $2.18M | $14.15M |
| Prepaid Assets | – | – | $15.51M | $15.51M | – |
| -Total Tax Payable | – | – | $751,000.00 | $751,000.00 | – |
| Other Current Liabilities | – | – | $5.70M | $5.70M | – |
Cash flow
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating Cash Flow | $11.90M | -$3.18M | $18.67M | $15.57M | $3.52M |
| Net cash flow from continuing operations | $11.90M | -$3.18M | $18.67M | $15.57M | $3.52M |
| Net Income from Continuing Operations | -$9.30M | -$5.01M | -$33.14M | $10.88M | -$1.80M |
| Gain/Loss from Continuing Operations | -$1.61M | -$1.86M | $3.35M | -$6.31M | $4.45M |
| Depreciation & Depletion & Amortization | $7.14M | $6.80M | $24.34M | $6.48M | $6.54M |
| Other Non-Cash Items | $719,000.00 | -$1.15M | -$10.26M | -$9.42M | -$9.15M |
| Change in Working Capital | $7.87M | -$7.77M | $13.27M | $10.81M | -$1.98M |
| -Change in Receivables | $1.72M | -$12.19M | -$1.75M | $18.94M | -$7.13M |
| -Change in Inventory | $621,000.00 | $1.66M | $9.12M | -$1.96M | $4.94M |
| -Change in Prepaid Assets | $1.29M | -$1.88M | -$22.58M | -$5.25M | $1.52M |
| -Change in Payables and Accrued Expense | $4.44M | $3.45M | $22.68M | $3.93M | -$5.75M |
| -Change in Other Current Assets | $387,000.00 | $822,000.00 | -$183,000.00 | $99,000.00 | -$552,000.00 |
| -Change in Other Current Liabilities | -$475,000.00 | -$337,000.00 | -$886,000.00 | -$229,000.00 | -$394,000.00 |
| -Change In Other Working Capital | -$105,000.00 | $710,000.00 | $6.87M | -$4.73M | $5.39M |
| Net cash flow from investing | -$14.80M | $9.76M | -$41.83M | $1.40M | -$39.62M |
| Net Cash Flow from Continuing Investing Activities | -$14.80M | $9.76M | -$41.83M | $1.40M | -$39.62M |
| Net PPE Purchase and Sale | -$8.40M | -$3.74M | -$31.37M | -$2.26M | -$13.81M |
| Net Intangibles Purchase and Sale | -$1.42M | -$1.22M | -$5.63M | -$1.32M | -$1.20M |
| Net Investment Purchase and Sale | -$4.99M | $14.73M | -$4.83M | $4.97M | -$24.61M |
| Financing Cash Flow | $245,000.00 | $322,000.00 | $35.40M | $679,000.00 | $30.63M |
| Net Cash Flow from Continuing Financing Activities | $245,000.00 | $322,000.00 | $35.40M | $679,000.00 | $30.63M |
| Proceeds from Stock Option Exercised | $245,000.00 | $322,000.00 | $9.09M | $679,000.00 | $4.31M |
| Ending Cash Balance | $53.43M | $56.08M | $49.15M | $49.15M | $31.50M |
| Net Change in Cash | -$2.65M | $6.90M | $12.24M | $17.65M | -$5.46M |
| Beginning Cash Balance | $56.08M | $49.15M | $37.02M | $31.50M | $36.94M |
| Effect of Exchange Rate Changes | $0.00 | $28,000.00 | -$109,000.00 | -$4,000.00 | $26,000.00 |
| Free Cash Flow | $2.09M | -$8.14M | -$18.33M | $12.00M | -$11.49M |
| Net Issuance Payments Of Debt | – | – | $26.32M | $0.00 | – |
No comments yet — be the first to weigh in on EVLV.
Sign in to join the discussion.