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Evolv Technologies Holdings (EVLV)
NASDAQ:EVLV
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.06Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 21.39%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
Evolv Technology demonstrated strong revenue growth and positive adjusted EBITDA while successfully retaining and expanding its customer base. However, challenges with SEC compliance, cash position decline, and reliance on one-time revenue impacts were noted. The company's strategic initiatives, such as new product launches and market expansions, indicate a positive outlook.Company Guidance
During the Evolv Technology First Quarter Earnings Result Conference Call for 2025, the company provided guidance reflecting optimism for the year ahead. They expect to achieve revenue growth of 20% to 25% in 2025, equating to $125 million to $130 million, with a significant portion already secured through their annual recurring revenue (ARR) base, which stood at $106 million at the end of Q1 2025, up 34% year-over-year. Additionally, they reported a Q1 revenue of $32 million, marking a 44% increase from the previous year, and an adjusted EBITDA of $1.7 million, with a margin of 5%. The company aims to maintain positive adjusted EBITDA for the full year and anticipates being cash flow positive by the end of 2025. Evolv highlighted a robust subscription model with a total of approximately 8,000 units expected to be deployed by year-end, emphasizing strong customer retention and expansion, particularly within their existing customer base. They also noted a shift towards more pure subscription deals, which, while impacting upfront revenue, enhances long-term visibility and profitability.Strong Revenue Growth
Revenue in the first quarter was $32 million, up 10% sequentially and 44% year-over-year. Annual recurring revenue (ARR) grew 34% year-over-year to $106 million at the end of Q1 2025.
Positive Adjusted EBITDA
Adjusted EBITDA for Q1 2025 increased to $1.7 million, with an adjusted EBITDA margin of 5%.
Successful Customer Retention and Expansion
Following the resolution of the FTC matter, 92% of the eligible education customers retained their service, and 50% of units and ARR booked in Q1 came from existing customers.
Introduction of New Programs and Products
Launched the certified pre-owned (CPO) program and eXpedite, an autonomous bag screening solution, securing 12 new customers for eXpedite.
Significant Impact in Education and Healthcare
Evolv Express is now deployed in 20 of the 100 largest US school districts and 500 hospital buildings, significantly enhancing safety.
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 |
|---|---|---|---|
Apr 28, 2025 | $4.16 | $4.10 | -1.44% |
Apr 28, 2025 | $4.16 | $4.10 | -1.44% |
Nov 06, 2024 | $2.25 | $2.52 | +12.00% |
Aug 08, 2024 | $3.03 | $2.88 | -4.95% |
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 Aug 07, 2025, TBA Not Confirmed.
What is Evolv Technologies Holdings (EVLV) earnings time?
Evolv Technologies Holdings (EVLV) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EVLV EPS forecast?
EVLV EPS forecast for the fiscal quarter 2025 (Q2) is -0.05.