For the quarter ending 2025-09-30, EVLV made $85,059,000 in revenue. -$1,770,000 in net income. Net profit margin of -2.08%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Cumulative translation adjustment | 26,000 | -85,000 | -46,000 | 49,500 |
| Total other comprehensive (loss) income | 26,000 | -85,000 | -46,000 | 49,500 |
| Total revenue | - | 32,544,000 | 32,007,000 | 25,482,500 |
| Total revenue-Service | 7,808,000 | - | - | - |
| Total revenue-License Fee And Other Revenue | 3,115,000 | - | - | - |
| Product | 7,960,000 | 5,351,000 | - | - |
| Subscription And Circulation | 10,923,000 | 8,894,000 | - | - |
| Service | 2,338,000 | 1,710,000 | - | - |
| License Fee And Other Revenue | 323,000 | 371,000 | - | - |
| Total cost of revenue | 21,544,000 | 16,326,000 | 12,857,000 | 10,979,000 |
| Total revenue-Product | 9,242,000 | - | - | - |
| Total revenue-Subscription And Circulation | 22,685,000 | - | - | - |
| Gross profit | 21,306,000 | 16,218,000 | 19,150,000 | 14,503,500 |
| Research and development | 5,608,000 | 4,737,000 | 4,862,000 | 5,957,000 |
| Sales and marketing | 11,715,000 | 11,736,000 | 11,043,000 | 14,716,500 |
| General and administrative | 12,579,000 | 17,238,000 | 14,972,000 | 14,236,500 |
| Restructuring costs | 0 | 0 | 2,662,000 | - |
| Loss from impairment of property and equipment | 0 | - | - | 5,000 |
| Total operating expenses | 29,902,000 | 33,711,000 | 33,539,000 | 34,917,500 |
| Loss from operations | -8,596,000 | -17,493,000 | -14,389,000 | -20,414,000 |
| Interest expense | 713,000 | 0 | 1,000 | - |
| Interest income | 436,000 | 224,000 | 389,000 | 816,500 |
| Change in fair value of contingently issuable common stock liability | - | 3,900,000 | -1,653,000 | -1,528,333.333 |
| Other income (expense), net | -44,000 | 136,000 | 25,000 | -39,000 |
| Change in fair value of contingent earn-out liability | -7,521,000 | 14,200,000 | -8,976,000 | -8,210,333.333 |
| Change in fair value of contingently issuable/returnable common stock liability/asset | -2,178,000 | - | - | - |
| Change in fair value of public warrant liability | 2,578,000 | 5,303,000 | -1,721,000 | -2,722,666.667 |
| Total other income (expense), net | 6,800,000 | -23,043,000 | 12,763,000 | 6,896,000 |
| Loss before income taxes | -1,796,000 | -40,536,000 | -1,626,000 | -13,504,250 |
| Provision for income taxes | 0 | -1,000 | 63,000 | - |
| Net loss | -1,796,000 | -40,535,000 | -1,689,000 | -13,518,000 |
| Total comprehensive loss | -1,770,000 | -40,620,000 | -1,735,000 | -13,468,500 |
| Net loss per share - basic (in dollars per share) | -0.01 | -0.25 | -0.01 | -0.085 |
| Net loss per share - diluted (in dollars per share) | -0.01 | -0.25 | -0.01 | -0.085 |
| Weighted average common shares outstanding basic (in shares) | 172,790,098 | 165,252,554 | 160,808,391 | -78,804,211.5 |
| Weighted average common shares outstanding diluted (in shares) | 172,790,098 | 165,252,554 | 160,808,391 | -86,349,643 |
Evolv Technologies Holdings, Inc. (EVLV)
Evolv Technologies Holdings, Inc. (EVLV)