Evolv Technologies Holdings (EVLV) Asset Utilization Ratio (2021 - 2026)
Evolv Technologies Holdings' Asset Utilization Ratio came in at 0.57 for Q2 2026, up 25.3% from 0.45 a year earlier and up 7.4% from the prior quarter.
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Analysis
Evolv Technologies Holdings (EVLV) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Evolv Technologies Holdings' Asset Utilization Ratio was 0.51, up 38.7% from FY2024.
- Asset Utilization Ratio has increased in each of the last four years.
- Going back by year, Asset Utilization Ratio was 0.37 in FY2024 (+48.1%), 0.25 in FY2023 (+66.4%), 0.15 in FY2022 (+22.6%) and 0.12 in FY2021.
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio in data going back to Q1 2021.
- Year-over-year, Asset Utilization Ratio has increased for 18 consecutive quarters, with growth averaging 34.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Asset Utilization Ratio ran from 0.8% in Q1 2022 to 161.0% in Q4 2022.
- Business Quant data shows EVLV's Asset Utilization Ratio at 0.53 (Q1 2026), 0.48 (Q4 2025) and 0.47 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.42 Bn | 240.49 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 232.07 Bn | 212.47 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 125.35 Bn | 111.28 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 111.63 Bn | 98.94 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 91.35 Bn | 72.99 Bn | 881.34 Mn | 0.55 |
| 6 | Zscaler | 34.43 Bn | 20.55 Bn | - | - |
| 7 | Okta | 33.87 Bn | 23.97 Bn | 641.00 Mn | 0.33 |
| 8 | Axon Enterprise | 31.65 Bn | 26.18 Bn | 546.45 Mn | 0.44 |
| 9 | MongoDB | 29.46 Bn | 19.93 Bn | 569.77 Mn | 0.75 |
| 10 | Evolv Technologies Holdings | 774.44 Mn | 525.48 Mn | 21.95 Mn | 0.57 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.57 |
| Mar 31, 2026 | 0.53 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.47 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.35 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.20 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.07 |
API Access
Evolv Technologies Holdings Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=EVLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "EVLV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=EVLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();