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EV

Evolv Technologies Holdings, Inc.

EVLVIndustrialsNASDAQ

Security & Protection Services · Last scanned Jun 1, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$145.9M
+40.5% YoY
Net Income
-$33.1M
+38.7% YoY
EBITDA
-$7.0M
+80.9% YoY
Free Cash Flow
$10.7M

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About Evolv Technologies Holdings, Inc.

Evolv Technologies Holdings, Inc. operates in the Security & Protection Services space. Evolv Technologies Holdings, Inc. With a market capitalization of $1.16B, it sits in small-cap territory. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally.

Key stats
Market Cap$1.16B
Fwd P/E-215.00
EPS$-0.22
Beta1.82
52W Change+19.7%
ROE-30.2%
Analysis

With $61.1M in cash and $42.0M in debt, EVLV maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $10.7M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of -30.2% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $52.7M (2022) to $145.9M (2025), reflecting a 177% increase over the period.

Evolv Technologies Holdings, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Evolv Technologies Holdings, Inc.'s trajectory.

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