Evolv Technologies Holdings Inc

Evolv Technologies Holdings Inc

EVLV · NASDAQ · Industrials / Security & Protection Services

3.90USD-0.26 (-6.25%)

Price History

Full chart

Market Stats

Previous Close4.16
Open4.15
Day Range3.87 – 4.16
52-Week Range4.76 – 8.81
Volume5.63M
Market Cap881.37M
P/E (TTM)0.00
Forward P/E43.29
EPS-0.02
Dividend Yield0.00%
Beta1.80
50-Day Avg5.40
200-Day Avg5.97

About

Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally. It offers Evolv Express, that is designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows; Evolv eXpedite, an autonomous AI-based weapon detection system for bags being brought to venues by visitors in high clutter environments; and Evolv Insights Analytics Application which provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance and alarm statistics, and comparisons across multiple business dimensions. The company serves various industries comprising education, healthcare, professional sports, notable performing arts and entertainment venues, major tourist destinations and cultural attractions, government and corporate offices, hospitality facilities, distribution facilities, large industrial workplaces, and houses of worship. Evolv Technologies Holdings, Inc. was founded in 2013 and is headquartered in Waltham, Massachusetts.

Company Details

  • SectorIndustrials
  • IndustrySecurity & Protection Services
  • CEOMr. John Kedzierski
  • Employees286
  • Headquarters500 Totten Pond Road, Waltham, MA, United States, 02451, USA
  • Websitehttps://evolv.com

Leadership

  • Mr. John KedzierskiPresident, CEO & Executive Director · b. 1979
  • Mr. Michael Philip EllenbogenCo-Founder & Director · b. 1965
  • Mr. George Chris KutsorChief Financial Officer · b. 1973
  • Mr. Robert E. Marshall Jr.Chief Revenue Officer · b. 1972
  • Mr. Anil R. ChitkaraCo-Founder & Chief Growth Officer · b. 1968
  • Brian NorrisSenior Vice President of Finance and Investor Relations
  • Ms. Rachel RoyGeneral Counsel & Chief Compliance Officer
  • Ms. Alexandra Smith OzerkisChief Marketing Officer
  • Ms. Liza KnappHead of People
  • Mr. Owais HassanChief of Engineering

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.85M4.79M23.39M52.72M80.42M103.86M145.91M
Growth (%)--18.15%+388.88%+125.36%+52.54%+29.16%+40.48%
Cost of Revenue5.29M3.50M19.36M51.32M46.59M44.58M70.60M
Gross Profit552.00K1.29M4.03M1.40M33.83M59.29M75.30M
Gross Margin9.44%26.94%17.22%2.66%42.07%57.08%51.61%
Operating Expense18.95M28.18M57.43M104.35M122.09M141.59M120.10M
Operating Income-18.40M-26.90M-53.40M-102.95M-88.26M-82.31M-44.80M
Operating Margin-314.73%-562.09%-228.26%-195.28%-109.75%-79.24%-30.71%
EBITDA-18.54M-25.90M-1.93M-80.64M-95.62M-36.64M-7.00M
EBITDA Margin-317.19%-541.21%-8.23%-152.96%-118.90%-35.28%-4.80%
Net Income-19.86M-27.39M-10.89M-86.80M-106.25M-54.02M-33.14M
Net Income Margin-339.67%-572.46%-46.54%-164.64%-132.13%-52.01%-22.71%
R&D8.50M15.71M11.46M18.54M24.45M23.45M20.62M
R&D as % of Total Revenue145.33%328.32%48.98%35.16%30.41%22.57%14.13%
Interest Expense779.00K430.00K6.07M712.00K654.00K01.73M
Interest Expense % of Total Revenue13.33%8.99%25.94%1.35%0.81%0.00%1.19%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets24.40M21.36M362.86M348.12M298.72M268.06M304.41M
Total Liabilities82.91M106.04M72.58M121.13M152.40M150.41M184.99M
Total Equity-58.51M-84.69M290.27M226.99M146.32M117.65M119.42M
Cash17.34M4.70M307.49M229.78M67.16M37.02M49.15M
Total Debt3.65M21.75M9.95M31.69M1.39M25.64M42.24M
Net Debt-13.70M11.96M-297.55M-198.09M-65.77M-11.37M-6.91M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-15.18M-23.25M-56.78M-74.74M-9.80M-30.85M18.67M
Investing Cash Flow-731.00K-6.61M-17.59M-23.87M-123.11M-1.40M-41.83M
Financing Cash Flow27.79M17.23M377.83M20.51M-29.66M1.81M35.40M
Capital Expenditure731.00K6.61M17.59M24.18M72.67M37.31M31.37M
Free Cash Flow-15.91M-29.86M-74.37M-98.92M-82.47M-68.17M-12.70M
FCF to OCF104.82%128.42%130.97%132.35%841.44%220.94%-68.02%

Earnings

Report DateJul 10, 2020Nov 16, 2020Mar 25, 2021May 24, 2021Aug 16, 2021Nov 10, 2021Mar 14, 2022May 11, 2022Aug 10, 2022Nov 9, 2022Mar 1, 2023May 10, 2023Aug 10, 2023Nov 9, 2023Feb 29, 2024May 9, 2024Aug 8, 2024Nov 6, 2024Dec 31, 2024May 20, 2025Aug 14, 2025Nov 13, 2025Mar 10, 2026May 13, 2026Aug 11, 2026Nov 12, 2026
EPS Estimate0.00---0.29-0.28-0.10-0.10-0.12-0.15-0.13-0.14-0.14-0.12-0.09-0.08-0.06-0.07-0.07-0.05-0.05-0.04-0.03-0.02-0.02-0.06-0.06
EPS Actual0.00-0.01-0.04-0.52-0.33-0.130.02-0.13-0.12-0.13-0.12-0.12-0.10-0.08-0.07-0.09-0.06-0.07-0.11-0.02-0.02-0.02-0.03-0.03-0.05-
Surprise----79.31%-17.86%-30.00%120.00%-8.33%20.00%0.00%14.29%14.29%16.67%11.11%12.50%-50.00%14.29%3.45%-110.20%60.00%50.00%33.33%-50.00%-41.50%16.67%-
Timing--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap881.37M
Enterprise Value864.64M
Trailing P/E0.00
Forward P/E43.29
Price / Sales5.14
Price / Book7.45
EPS-0.02
Book Value0.657
Revenue (TTM)171.44M
Gross Profit (TTM)85.48M
EBITDA-2.46M
Profit Margin-3.05%
Operating Margin-21.39%
Return on Equity-4.94%
Return on Assets-5.33%
Shares Outstanding179.87M
Shares Float171.77M
Beta1.80
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 9.85
  • Strong Buy
    3
  • Hold
    1

Ownership Breakdown

Institutions
73.78%
Insiders
4.28%
Retail / Other
21.94%

Top Institutional Holders

  • BlackRock Inc
    11.54M6.37%
  • Vanguard Capital Management, LLC
    7.08M3.91%
  • Vanguard Portfolio Management, LLC
    5.80M3.20%
  • Stoic Point Capital Management LLC
    5.77M3.18%
  • D. E. Shaw & Co LP
    4.85M2.68%
  • Data Collective IV GP, LLC
    4.59M2.53%
  • Two Sigma Investments LLC
    4.50M2.48%
  • Emerald Advisers, LLC
    4.23M2.33%
  • Geode Capital Management, LLC
    3.64M2.01%
  • State Street Corp
    3.47M1.92%
  • Alyeska Investment Group, L.P.
    3.06M1.69%
  • Scs Capital Management LLC
    2.93M1.62%
  • Emerald Mutual Fund Advisers Trust
    2.67M1.47%
  • Marshall Wace Asset Management Ltd
    1.99M1.10%
  • Oberweis Asset Management Inc
    1.82M1.01%
  • Portolan Capital Management, LLC
    1.80M0.99%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    5.47M3.02%
  • iShares Russell 2000 ETF
    4.19M2.31%
  • Needham Aggressive Growth Retail
    3.08M1.70%
  • Vanguard Information Technology ETF
    2.68M1.48%