Evolv Technologies Holdings (EVLV)
NASDAQ:EVLV
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.02Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong top-line growth, durable recurring revenue expansion (ARR up 21%), materially improved profitability (positive adjusted EBITDA of $11.1M vs. a prior-year loss), strengthened cash balances and raised 2026 guidance (revenue $172M–$178M, ARR growth 20%–25%, >10,000 units deployed). Key execution wins include customer additions across education, healthcare and sports, traction for the eXpedite product, and RPO expansion (+13% YoY). Counterbalancing these positives are meaningful near-term margin pressures: Q4 adjusted gross margin contracted to 50% from 62% a year ago due to the shift to direct fulfillment, a ~$1M service accrual, timing-related subscription/product revenue effects, and a modest ~$1M memory cost headwind for 2026. Management expects margins to improve into the high single digits for adjusted EBITDA in 2026 and cash flow to be positive in H2 2026. Overall, the operational and financial momentum and the raised guidance outweigh the one-time and mix-related margin pressures.Company Guidance
Strong Full-Year and Quarterly Revenue Growth
Q4 revenue of $38.5M, up 32% year-over-year; full-year 2025 revenue $145.9M, up 40% year-over-year.
Material ARR Expansion
Annual recurring revenue (ARR) of $120.5M at December 31, 2025, reflecting 21% year-over-year growth and management guidance for ARR to exit 2026 at ~$145M–$150M (20%–25% growth).
RPO Growth and Backlog
Remaining performance obligation (RPO) of $293.4M at Q4-end, up 13% year-over-year from $259.1M, and record units backlog entering 2026.
Profitability Improvement
Five consecutive quarters of positive adjusted EBITDA; full-year adjusted EBITDA of $11.1M (7.6% margin) in 2025 versus a $21M loss in 2024 — a ~$32M improvement.
Stronger Cash Position and Cash Generation
Cash, cash equivalents and marketable securities increased sequentially by $12.8M in Q4 to $69M; full-year 2025 operating cash generation ~$18.7M with improved collections and working capital discipline.
Deployment Scale and Usage Metrics
8,000 systems deployed screening over 4M people per day; since product launch, over 4 billion people screened.
Customer Growth and Market Penetration
Added over 60 new customers in Q4 and now serve over 1,200 customers globally; added 65 new education customers in 2025 and 65 new sports & live entertainment customers in 2025.
Product Momentum and Cross-Sell
Early traction for eXpedite autonomous bag screening: 65 customers (~5% of customer base), with 16 brand-new customers buying eXpedite in Q4 and 11 buying it alongside Express, supporting attach rates and multi-product relationships.
Raised 2026 Guidance
Increased full-year 2026 revenue guidance to $172M–$178M (up from $160M–$165M), modeling ~18%–22% year-over-year revenue growth and expecting >10,000 deployed units by year-end 2026.
Strategic Partnerships and Market Validation
Designated preferred provider by the American Hospital Association, new notable customer wins across healthcare, sports, enterprise and education, and announced contract manufacturing ramp with Plexus (on track for H2 2026).
EVLV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EVLV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 10, 2026 | $5.25 | $5.75 | +9.52% |
Nov 13, 2025 | $6.58 | $6.00 | -8.81% |
Aug 14, 2025 | $7.37 | $7.75 | +5.16% |
Apr 28, 2025 | $4.16 | $4.10 | -1.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Evolv Technologies Holdings (EVLV) report earnings?
Evolv Technologies Holdings (EVLV) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Evolv Technologies Holdings (EVLV) earnings time?
Evolv Technologies Holdings (EVLV) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is EVLV EPS forecast?
EVLV EPS forecast for the fiscal quarter 2026 (Q1) is -0.03.