Evolv Technologies Holdings, Inc. ( (EVLV) ) has released its Q2 earnings. Here is a breakdown of the information Evolv Technologies Holdings, Inc. presented to its investors.
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Evolv Technologies Holdings, Inc. is a leading security technology company that specializes in AI-powered screening and analytics solutions, aiming to enhance safety in public spaces and iconic venues. In its latest earnings report, Evolv Technology announced a significant revenue increase for the second quarter of 2025, reaching $32.5 million, marking a 29% growth year-over-year. The company also reported an Annual Recurring Revenue (ARR) of $110.5 million, a 27% increase from the previous year. Despite these gains, Evolv Technology posted a net loss of $40.5 million for the quarter, with a net profit margin of -125%. However, the company achieved a positive Adjusted EBITDA of $2.0 million, reflecting a 6% margin, and improved cash flow from operations, which stood at $2.1 million compared to a negative cash flow in the same quarter last year. The company has raised its revenue growth outlook for 2025 to 27%-30%, signaling confidence in its strategic direction and market opportunities. Evolv Technology’s management remains optimistic about future growth, focusing on operational efficiency and profitability, with expectations of achieving positive cash flow and Adjusted EBITDA margins in the mid-single digits by the end of the year.