Evolv Technologies Holdings Inc
NASDAQ:EVLV
Income Statement
Earnings Waterfall
Evolv Technologies Holdings Inc
Income Statement
Evolv Technologies Holdings Inc
| Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
0
|
3
|
6
|
6
|
6
|
4
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
|
| Revenue |
5
N/A
|
8
+64%
|
12
+51%
|
19
+59%
|
23
+24%
|
28
+21%
|
33
+15%
|
41
+25%
|
55
+35%
|
65
+18%
|
76
+17%
|
79
+5%
|
80
+0%
|
84
+5%
|
89
+7%
|
96
+8%
|
104
+8%
|
114
+10%
|
121
+6%
|
137
+13%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(4)
|
(6)
|
(10)
|
(14)
|
(19)
|
(24)
|
(29)
|
(40)
|
(53)
|
(59)
|
(63)
|
(56)
|
(48)
|
(43)
|
(40)
|
(43)
|
(45)
|
(47)
|
(52)
|
(59)
|
|
| Gross Profit |
1
N/A
|
2
+33%
|
2
+33%
|
5
+124%
|
4
-21%
|
4
+11%
|
4
-4%
|
1
-75%
|
2
+63%
|
6
+224%
|
12
+123%
|
24
+90%
|
32
+35%
|
41
+28%
|
48
+17%
|
52
+9%
|
59
+13%
|
66
+12%
|
70
+5%
|
77
+11%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(28)
|
(31)
|
(34)
|
(48)
|
(57)
|
(73)
|
(91)
|
(96)
|
(103)
|
(106)
|
(111)
|
(116)
|
(122)
|
(128)
|
(134)
|
(136)
|
(139)
|
(131)
|
(120)
|
(114)
|
|
| Selling, General & Administrative |
(12)
|
(15)
|
(20)
|
(35)
|
(46)
|
(61)
|
(76)
|
(79)
|
(84)
|
(86)
|
(89)
|
(93)
|
(97)
|
(103)
|
(108)
|
(110)
|
(116)
|
(107)
|
(98)
|
(93)
|
|
| Research & Development |
(16)
|
(16)
|
(14)
|
(13)
|
(11)
|
(12)
|
(15)
|
(17)
|
(19)
|
(20)
|
(22)
|
(23)
|
(24)
|
(25)
|
(25)
|
(24)
|
(23)
|
(22)
|
(21)
|
(21)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
|
| Operating Income |
(27)
N/A
|
(29)
-10%
|
(31)
-6%
|
(43)
-37%
|
(53)
-25%
|
(68)
-28%
|
(86)
-26%
|
(95)
-10%
|
(101)
-7%
|
(100)
+1%
|
(98)
+1%
|
(93)
+6%
|
(90)
+3%
|
(87)
+3%
|
(85)
+3%
|
(82)
+3%
|
(80)
+2%
|
(63)
+22%
|
(50)
+21%
|
(37)
+26%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(0)
|
(3)
|
(6)
|
(6)
|
(8)
|
(3)
|
0
|
1
|
2
|
3
|
4
|
5
|
6
|
6
|
5
|
4
|
3
|
2
|
2
|
1
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
(12)
|
(14)
|
(15)
|
(15)
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(12)
|
(20)
|
(23)
|
|
| Total Other Income |
0
|
(2)
|
(3)
|
38
|
65
|
75
|
75
|
41
|
14
|
(2)
|
(46)
|
(29)
|
(23)
|
(8)
|
62
|
26
|
25
|
28
|
(20)
|
(1)
|
|
| Pre-Tax Income |
(27)
N/A
|
(34)
-26%
|
(52)
-52%
|
(25)
+52%
|
(11)
+57%
|
(11)
-3%
|
(14)
-24%
|
(53)
-284%
|
(86)
-62%
|
(101)
-17%
|
(142)
-41%
|
(118)
+17%
|
(108)
+8%
|
(89)
+17%
|
(19)
+79%
|
(55)
-189%
|
(54)
+2%
|
(44)
+18%
|
(88)
-99%
|
(60)
+32%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
(27)
|
(34)
|
(52)
|
(25)
|
(11)
|
(11)
|
(14)
|
(53)
|
(86)
|
(101)
|
(142)
|
(118)
|
(108)
|
(89)
|
(19)
|
(55)
|
(54)
|
(44)
|
(88)
|
(60)
|
|
| Net Income (Common) |
(27)
N/A
|
(34)
-26%
|
(52)
-52%
|
(25)
+52%
|
(11)
+57%
|
(11)
-3%
|
(14)
-24%
|
(53)
-284%
|
(86)
-62%
|
(101)
-17%
|
(142)
-41%
|
(118)
+17%
|
(108)
+8%
|
(89)
+17%
|
(19)
+79%
|
(55)
-188%
|
(54)
+2%
|
(44)
+18%
|
(88)
-99%
|
(60)
+32%
|
|
| EPS (Diluted) |
-0.19
N/A
|
-0.24
-26%
|
-0.36
-50%
|
-0.17
+53%
|
-0.08
+53%
|
-0.08
N/A
|
-0.1
-25%
|
-0.38
-280%
|
-0.6
-58%
|
-0.71
-18%
|
-0.95
-34%
|
-0.67
+29%
|
-0.72
-7%
|
-0.57
+21%
|
-0.11
+81%
|
-0.36
-227%
|
-0.35
+3%
|
-0.28
+20%
|
-0.55
-96%
|
-0.37
+33%
|
|