Evolv Technologies Holdings Q3 Revenue Rises 57% to $42.9 Million

Reuters11-14
Evolv Technologies Holdings Q3 Revenue Rises 57% to $42.9 Million

Evolv Technologies Holdings Inc. reported third quarter 2025 revenue of $42.9 million, a 57% increase year-over-year. Product revenue reached $9.2 million and subscription revenue was $22.7 million for the quarter. The company's net loss for the period was $1.8 million, with a net profit margin of (4)%. Adjusted EBITDA for the quarter was $5.1 million, resulting in an adjusted EBITDA margin of 12%. Annual recurring revenue at quarter-end was $117.2 million, up 25% year-over-year. Evolv raised its full-year 2025 revenue outlook to $142-$145 million, representing an increase of 37%-40% compared to the previous year.

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