The table below shows Evolv Technologies Holdings, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$145.91M
$103.86M
$79.56M
$52.72M
$23.39M
$5.38M
Cost of revenue
$70.60M
$44.40M
$47.66M
$51.32M
$19.36M
$4.06M
Gross profit
$75.30M
$59.46M
$31.91M
$1.40M
$4.03M
$1.32M
R&D
$20.62M
$23.45M
$24.47M
$18.54M
$11.46M
$15.55M
EVLV annual revenue (10-K history)
Evolv Technologies Holdings, Inc. reported annual revenue of $145.91M for fiscal year 2025. That is up 40.5% from $103.86M in fiscal 2024. Over the 6 fiscal years shown, annual revenue grew from $5.38M (FY 2020) to $145.91M. Figures come from the company's audited annual reports as filed with the SEC.