📊 EVLVW Key Takeaways
Is EVLVW a Good Investment? Thesis Analysis
Evolv Technologies demonstrates strong revenue growth (40.5% YoY) and maintains positive free cash flow, indicating operational progress in its computer peripheral equipment business. However, significant operating losses (-33.2% margin) and negative profitability metrics reveal the company has not yet achieved sustainable profitability despite scale, warranting a cautious stance until profitability inflection becomes evident.
Why Buy EVLVW? Key Strengths
- Strong revenue growth of 40.5% YoY indicating solid market demand
- Healthy gross margin of 51.6% showing product viability
- Positive free cash flow of $7.3M despite operating losses demonstrates cash generation capability
- Conservative balance sheet with debt-to-equity of 0.24x and $49.1M cash position
EVLVW Investment Risks to Consider
- Deep operating losses (-$48.5M) and negative net margin (-22.7%) indicate unprofitable at scale
- Negative ROE (-27.7%) and ROA (-10.9%) show shareholder value destruction
- High operating expense base relative to gross profit suggests unit economics challenges despite revenue growth
- Company has not reached profitability despite significant revenue scale
Key Metrics to Watch
- Operating margin trajectory - path to profitability
- Free cash flow sustainability as revenue continues scaling
- Gross margin maintenance under competitive pressure
- Operating expense ratio reduction relative to revenue
EVLVW Financial Metrics
💡 AI Analyst Insight
The relatively thin 5.0% FCF margin may limit capital allocation flexibility.
EVLVW Profitability Ratios
EVLVW vs Technology Sector
How Evolv Technologies Holdings, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is EVLVW Overvalued or Undervalued?
Based on fundamental analysis, Evolv Technologies Holdings, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
EVLVW Balance Sheet & Liquidity
EVLVW 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Evolv Technologies Holdings, Inc.'s revenue has grown significantly by 516% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.34 indicates the company is currently unprofitable.
EVLVW Growth Metrics (YoY)
EVLVW Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $27.4M | -$1.7M | $-0.01 |
| Q2 2025 | $25.2M | -$1.7M | $0.02 |
| Q1 2025 | $22.2M | -$1.7M | $-0.01 |
| Q3 2024 | $20.0M | $3.4M | $0.03 |
| Q2 2024 | $19.8M | $3.5M | $0.02 |
| Q1 2024 | $18.6M | -$11.6M | $-0.08 |
| Q3 2023 | $16.5M | $6.0M | $0.03 |
| Q2 2023 | $9.1M | -$13.8M | $-0.18 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
EVLVW Capital Allocation
EVLVW SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Evolv Technologies Holdings, Inc. (CIK: 0001805385)
📋 Recent SEC Filings
❓ Frequently Asked Questions about EVLVW
What is the AI rating for EVLVW?
Evolv Technologies Holdings, Inc. (EVLVW) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are EVLVW's key strengths?
Claude: Strong revenue growth of 40.5% YoY indicating solid market demand. Healthy gross margin of 51.6% showing product viability.
What are the risks of investing in EVLVW?
Claude: Deep operating losses (-$48.5M) and negative net margin (-22.7%) indicate unprofitable at scale. Negative ROE (-27.7%) and ROA (-10.9%) show shareholder value destruction.
What is EVLVW's revenue and growth?
Evolv Technologies Holdings, Inc. reported revenue of $145.9M.
Does EVLVW pay dividends?
Evolv Technologies Holdings, Inc. does not currently pay dividends.
Where can I find EVLVW SEC filings?
Official SEC filings for Evolv Technologies Holdings, Inc. (CIK: 0001805385) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is EVLVW's EPS?
Evolv Technologies Holdings, Inc. has a diluted EPS of $-0.20.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is EVLVW a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, Evolv Technologies Holdings, Inc. has a HOLD rating with 62% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is EVLVW stock overvalued or undervalued?
Valuation metrics for EVLVW: ROE of -27.7% (sector avg: 22%), net margin of -22.7% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy EVLVW stock in 2026?
Our dual AI analysis gives Evolv Technologies Holdings, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is EVLVW's free cash flow?
Evolv Technologies Holdings, Inc.'s operating cash flow is $18.7M, with capital expenditures of $11.4M. FCF margin is 5.0%.
How does EVLVW compare to other Technology stocks?
Vs Technology sector averages: Net margin -22.7% (avg: 18%), ROE -27.7% (avg: 22%), current ratio 1.23 (avg: 2.5).