EVLV · XBRL financial data

Evolv Technologies Holdings financial statements, every fiscal year

The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (EVLV's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	5,381	23,692	55,195	80,418	103,865	145,905
Cost of revenue	4,059	17,051	53,466	46,589	44,577	70,603
Gross profit	1,322	6,641	1,729	33,829	59,288	75,302
Research and development	15,553	11,416	18,771	24,455	23,446	20,619
General and administrative	5,530	20,013	37,719	42,091	56,634	54,858
Total operating expenses	29,367	60,702	104,290	122,091	141,595	123,765
Operating income (loss)	(28,045)	(54,061)	(102,561)	(88,262)	(82,307)	(48,463)
Interest income	—	0	3,165	6,227	2,942	1,536
Interest expense	316	6,095	712	654	0	1,732
Other income (expense)	—	(617)	(64)	(84)	(83)	99
Income tax expense (benefit)	0	0	0	51	0	62
Net income (loss)	(28,427)	(10,858)	(86,406)	(106,254)	(54,017)	(33,138)
Earnings per share, basic USD per share	(3.18)	(0.15)	(0.60)	(0.71)	(0.34)	(0.20)
Earnings per share, diluted USD per share	(3.18)	(0.15)	(0.60)	(0.71)	(0.34)	(0.20)
Weighted average shares, basic thousands of shares	8,932	71,663	143,859	149,168	156,574	168,419
Weighted average shares, diluted thousands of shares	8,932	71,663	143,859	149,168	156,574	168,419

† Share count changed about 15x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (EVLV's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,328	307,492	229,783	67,162	37,015	49,150
Marketable securities	—	—	0	51,289	14,927	19,885
Accounts receivable	1,401	6,477	31,920	22,611	28,392	30,841
Inventory	1,586	5,140	10,257	9,507	16,963	9,317
Prepaid and other current assets	184	11,047	14,388	16,954	17,921	35,169
Total current assets	1,512	333,660	292,584	175,844	121,446	151,302
Property and equipment, net	10,068	21,592	44,707	112,921	123,661	127,522
Right-of-use asset	—	0	1,673	1,195	13,993	12,303
Total assets	174,091	363,065	348,115	298,720	268,059	304,409
Accounts payable	4,437	6,363	18,194	17,400	10,492	9,770
Current portion of long-term debt	—	2,000	10,000	0	0	0
Total current liabilities	760	24,371	59,126	82,046	96,709	122,976
Long-term debt	16,432	7,945	19,683	0	0	28,596
Lease liability, non-current	—	0	892	0	12,326	10,654
Total liabilities	28,317	72,227	121,130	152,397	150,408	184,987
Accumulated deficit	(11,912)	(104,739)	(192,210)	(298,464)	(354,664)	(387,802)
Total stockholders' equity	5,000	290,838	226,985	146,323	117,651	119,422
Total liabilities and equity	174,091	363,065	348,115	298,720	268,059	304,409
Common shares outstanding (cover page) thousands of shares	9,847	143,299	147,963	152,183	163,470	179,351

† Share count changed about 15x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (EVLV's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(28,427)	(10,858)	(86,406)	(106,254)	(54,017)	(33,138)
Stock-based compensation	1,579	8,511	22,498	24,151	24,756	21,096
Depreciation and amortization	1,065	2,895	5,465	9,932	17,375	24,340
Net cash from operating activities	(23,602)	(69,628)	(74,728)	(9,801)	(30,853)	18,669
Purchases of property and equipment	6,261	3,710	—	—	—	—
Net cash from investing activities	(6,261)	(4,738)	(23,881)	(123,113)	(1,399)	(41,826)
Proceeds from issuing common stock	—	300,000	0	—	—	—
Proceeds from long-term debt	22,438	31,882	29,683	1,876	0	26,316
Repayments of long-term debt	8,404	5,422	10,000	31,876	0	—
Net cash from financing activities	17,226	377,829	20,510	(29,664)	1,809	35,401
Net change in cash	(12,637)	303,463	(78,109)	(162,621)	(30,422)	12,135

† Share count changed about 15x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3577 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3577 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Evolv Technologies Holdings	52,696	43,753	11,902*	181.1M	—	Q2 FY26 10-QJun 30, 2026
Digi International	27,972	138,670	33,313*	37.9M	—	Q3 FY26 10-QJun 30, 2026
Diebold Nixdorf	184,900	994,300	(47,400)*	33.6M	0.0 quarters	Q3 FY26 10-QSep 30, 2026
Netgear	174,298	168,562	(10,164)*	27.2M	26.4 quarters	Q2 FY26 10-QJun 28, 2026
Omnicell	292,165	312,208	68,314*	45.6M	—	Q2 FY26 10-QJun 30, 2026
A10 Networks	54,679	80,137	29,115*	72.6M	—	Q2 FY26 10-QJun 30, 2026
Extreme Networks	244,520	341,094	45,424	131.2M	—	Q1 FY27 10-QSep 30, 2026
NCR Voyix	237,000	523,000	17,000*	138.1M	—	Q2 FY26 10-QJun 30, 2026
Xerox Holdings	495,000	1,922,000	37,000*	131.3M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.