For the year ending 2025-12-31, EVLV made $145,905K in revenue. -$33,247K in net income. Net profit margin of -22.79%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 145,905 | 103,865 | ||
| Product | 24,320 | - | ||
| Subscription And Circulation | 36,684 | - | ||
| Service | 8,410 | - | ||
| License Fee And Other Revenue | 1,189 | - | ||
| Total cost of revenue | 70,603 | 44,577 | ||
| Gross profit | 75,302 | 59,288 | ||
| Research and development | 20,619 | 23,446 | ||
| Sales and marketing | 45,626 | 61,291 | ||
| General and administrative | 54,858 | 56,634 | ||
| Restructuring costs | 2,662 | - | ||
| Loss on impairment of property and equipment | 0 | 224 | ||
| Total operating expenses | 123,765 | 141,595 | ||
| Loss from operations | -48,463 | -82,307 | ||
| Interest expense | 1,732 | - | ||
| Interest income | 1,536 | 2,942 | ||
| Change in fair value of contingently issuable common stock liability | - | -2,529 | ||
| Other income (expense), net | 99 | -83 | ||
| Change in fair value of contingent earn-out liability | -12,435 | -16,310 | ||
| Change in fair value of contingently issuable/returnable common stock liability/asset | -2,614 | - | ||
| Change in fair value of public warrant liability | -435 | -6,592 | ||
| Total other income, net | 15,387 | 28,290 | ||
| Loss before income taxes | -33,076 | -54,017 | ||
| Provision for income taxes | 62 | - | ||
| Net loss | -33,138 | -54,017 | ||
| Cumulative translation adjustment | -109 | 21 | ||
| Total other comprehensive (loss) income | -109 | 21 | ||
| Total comprehensive loss | -33,247 | -53,996 | ||
| Basic EPS | -0.2 | -0.34 | ||
| Diluted EPS | -0.2 | -0.34 | ||
| Basic Average Shares | 168,419,211 | 156,573,886 | ||
| Diluted Average Shares | 168,419,211 | 156,573,886 | ||
Evolv Technologies Holdings, Inc. (EVLV)
Evolv Technologies Holdings, Inc. (EVLV)