Employees: 286
Size Evolv Technologies (EVLV) is a United States Information Technology company (Electronic Equipment/Instruments) with a market value of $826M, the 2377th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.56 on 6 Nov 2026.
Performance Over six months the shares fell 35.3%, against -13.2% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 20 in its peer set.
Growth Revenue grew 41.7% over the last twelve months (peer median +6.9%); the operating margin is -19.9% (peer median 3.2%).
Valuation It trades at 4.7× enterprise value to sales against a peer median of 4.6× (11th cheapest of 21).
Capital Return on invested capital runs 41.4 points below its cost of capital (13.6% WACC).
Backlog Backlog (remaining performance obligations) was $313M at 30 Jun 2026, up 13% on a year earlier — 1.8 years of trailing revenue. Backlog detail →
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $171M | $146M | $104M | $79.6M | $55.2M |
| Revenue growth | — | +40% | +31% | +44% | — |
| Gross profit | $85.7M | $75.3M | $59.3M | $31.9M | $12.2M |
| EBITDA | -$7.24M | -$20.5M | -$64.7M | -$80.0M | -$84.6M |
| Net income | -$5.22M | -$33.1M | -$54.0M | -$108M | -$86.4M |
| Free cash flow | -$6.01M | -$18.3M | -$62.0M | -$78.9M | -$96.2M |
| Capital expenditure | $33.4M | $37.0M | $37.3M | $72.7M | $24.2M |
| Total debt | $41.6M | $42.2M | $14.5M | $1.39M | $31.7M |
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| Measure | EVLV | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.4% | -10.1% | 5th highest of 21 |
| 6-month return | -35.3% | -13.2% | 6th lowest of 20 |
| Distance from 52-week high | -39.0% | -48.0% | 6th highest of 21 |
| Revenue growth (TTM) | +41.7% | +6.9% | 2nd highest of 20 |
| Operating margin | -19.9% | 3.2% | 4th lowest of 21 |
| EV / Sales | 4.7× | 4.6× | 11th cheapest of 21 |
| ROIC minus cost of capital | -41.4 pp | -6.8 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Evolv Technologies EVLV | United States | $826M | -35% | +42% | -20% | 4.7× | n/a | n/a |
| Wuhan Zhongyuan Huadian Science & Technology 300018.SZ | China | $825M | -17% | +3% | 17% | 7.9× | 25.8% | +10.0% |
| Dianguang Explosion-proof Technology 002730.SZ | China | $832M | -54% | -6% | 6% | 5.6× | n/a | n/a |
| Anhui Landun Photoelectron 300862.SZ | China | $814M | +31% | -27% | -23% | 12.8× | n/a | n/a |
| Shanghai Ruking Technologies 301525.SZ | China | $838M | -13% | -2% | 1% | 3.1× | n/a | n/a |
| Xi'an Manareco New Materials 688550.SS | China | $850M | -19% | -2% | 13% | 2.8× | 7.4% | +9.8% |
| Cosmo AM&T 005070.KS | South Korea | $789M | -45% | +8% | 2% | 2.0× | 29.5% | +17.4% |
| Catapult Sports CAT.AX | Australia | $788M | +15% | +19% | -17% | 5.0× | 27.1% | +18.0% |
| Changchun Zhiyuan New Energy Equipment 300985.SZ | China | $786M | +22% | +55% | -5% | 3.5× | n/a | n/a |
| Fujian Acetron New Materials 300706.SZ | China | $873M | -11% | +19% | 3% | 4.2× | n/a | n/a |
| Keytop Parking 2272.HK | Hong Kong | $761M | n/a | +4% | 11% | 6.3× | n/a | n/a |
| RNBC New Energy 301667.SZ | China | $755M | -59% | +24% | 6% | 3.0× | n/a | n/a |
| Feitian Technologies 300386.SZ | China | $909M | -17% | -20% | -20% | 10.0× | n/a | n/a |
| Shenzhen Anche Technologies 300572.SZ | China | $747M | -29% | +13% | -33% | 8.0× | n/a | n/a |
| RoboSense Technology Company 2498.HK | Hong Kong | $914M | -55% | +32% | -22% | 2.0× | n/a | n/a |
| Toshiba Tec 6588.T | Japan | $918M | -2% | +7% | 3% | 0.2× | n/a | n/a |
| Beauty Tech TBTG.L | United Kingdom | $742M | +71% | n/a | 21% | 3.6× | 4.5% | n/a |
| Jiangsu Wuyang Automation Control Technology 300420.SZ | China | $921M | +51% | -10% | 5% | 7.1× | n/a | n/a |
| Sidea Semiconductor Equipment (Shenzhen) 301629.SZ | China | $924M | -39% | -27% | 0% | 16.1× | n/a | n/a |
| Riken Keiki 7734.T | Japan | $930M | -7% | +11% | 22% | 2.1× | 2.6% | +11.4% |
| Zhejiang Shuangyuan Technology 688623.SS | China | $733M | -10% | +10% | 7% | 8.2× | 39.1% | +15.5% |
Evolv Technologies reported $313M of remaining performance obligations at 30 Jun 2026, up 13% from a year earlier and up 5% from the previous quarter. That is 1.8 years of trailing revenue already under contract. Book-to-bill last quarter: 1.31.