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Companies / Industrials / Evolv Technologies Holdings, Inc.
EVLV

Evolv Technologies Holdings, Inc.

IndustrialsIndustrial Machinery
Ticker EVLVWALTHAM, MAFiscal year ends DecemberBook value per share $0.67Diluted shares 178.6M

Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) is a leading security technology company that pioneers artificial intelligence-powered screening solutions designed to help create safer environments while maintaining efficient visitor flow and positive visitor experiences. The company operates at https://evolv.com and… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$145.91M
+40.5% year over year
Last 12 mo $171.44M
-33.22%
+46 percentage points
Last 12 mo -20.77%
$-33.14M
+38.7% year over year
Last 12 mo $-5.22M
-25.52%
+20.2 percentage points
Last 12 mo -4.39%
Cash & financing
$18.67M
+160.5% year over year
Last 12 mo $27.82M
$-18.32M
+73.1% year over year
Last 12 mo $-5.54M
0.24
Last 12 mo 0.24
168.4M
+7.6% year over year
Last 12 mo 178.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Evolv Technologies Holdings, Inc. does

In the company’s own words

Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) is a leading security technology company that pioneers artificial intelligence-powered screening solutions designed to help create safer environments while maintaining efficient visitor flow and positive visitor experiences. The company operates at https://evolv.com and serves customers across a range of end markets including education, healthcare, sports, live entertainment, tourist attractions, houses of worship, and industrial workplaces.

The company's core offering is delivered through a Security-as-a-Service model that integrates proprietary sensor platforms, AI-powered software, cloud connectivity, and ongoing support services. Evolv offers two primary sales models: a pure subscription model where customers lease hardware, and a purchase subscription model where customers buy hardware outright, both coupled with multi-year security-as-a-service subscriptions. The company's primary products include Evolv Express, designed to screen high volumes of people for concealed threats, and Evolv eXpedite, an autonomous AI-based weapons detection system for bags launched in September 2024. Both products are supported by Evolv Insights, a cloud-based analytics solution providing operational visibility into system performance.

Since launching Evolv Express in 2019, the company's products have screened over four billion visitors worldwide. The company estimates its addressable market comprises nearly 400,000 sites with approximately 700,000 individual thresholds where security screening products could be deployed across educational institutions, hospitals, sports venues, industrial facilities, and other gathering spaces.

Evolv operates through a combination of direct sales and a global distribution network consisting of dozens of value-added resellers. The company employs 286 full-time employees as of December 31, 2025. The company's competitive strengths include strong detection effectiveness based on artificial intelligence, a large and growing proprietary data set for training algorithms, differentiated proprietary technology platforms, high screening throughput capabilities, digital access and analytic insights, and strategic partnerships with globally recognized organizations.

Company details
Sector
Industrials
Industry
Industrial Machinery
Headquarters
WALTHAM, MA
Fiscal year end
December
CIK
1805385
SIC
3577

Financial performance, year by year

Fiscal 2021–2025 · USD
$-136.00M$-52.15M$31.69M$115.54M$199.38M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Evolv Technologies Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

131
funds hold it
0 of 35
superinvestors hold it
$240.77M
held by funds, at market
21.5%
of shares held by funds

Largest fund holders · Evolv Technologies Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
Needham Aggressive Growth Fund
NEAGX · Needham Funds Inc
0.68%of fund net assets
0.01%of fund net assets
Emerald Growth Fund
FINANCIAL INVESTORS TRUST
0.83%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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