Evolv Technologies Holdings (EVLV) Gross Margin (2020 - 2026)
Evolv Technologies Holdings (EVLV) posted Gross Margin of 50.94% for Q1 2026, up 5.29% sequentially from 48.38% in Q4 2025, and down 889.0% YoY from 6.46% in Q1 2025.
Evolv Technologies Holdings (EVLV) Gross Margin (2020 - 2026) Analysis & Trends
Evolv Technologies Holdings has reported Gross Margin for 7 years, with the latest figure at 50.94% in Q1 2026.
- Quarterly Gross Margin fell 889.0% year-over-year to 50.94% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 49.77% (down 868.0% YoY) and the FY2025 annual result came in at 51.61%, down 564.0% from the prior year.
- Gross Margin rose to 50.94% in Q1 2026 per EVLV's latest filing, from 48.38% in the prior quarter.
- Over five years, Gross Margin peaked at 59.83% in Q1 2025 and troughed at 0.51% in Q3 2022.
- A 5-year average of 38.93% and a median of 49.72% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 4167 bps in 2022, then soared 5507 bps in 2023.
- Over 5 years, Gross Margin stood at 0.26% in 2022, then surged by 17868 bps to 46.46% in 2023, then advanced by 24 bps to 57.53% in 2024, then declined by 16 bps to 48.38% in 2025, then grew by 5 bps to 50.94% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 50.94%, 48.38%, and 49.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 13.85 Bn | 13.53 Bn | 517.50 Mn | 44.94% |
| 2 | MSA Safety | 7.29 Bn | 7.09 Bn | 249.29 Mn | 49.53% |
| 3 | Adt | 5.21 Bn | 5.18 Bn | 1.05 Bn | 79.92% |
| 4 | Brinks | 4.68 Bn | 3.02 Bn | 366.10 Mn | 26.29% |
| 5 | Brady | 4.30 Bn | 4.13 Bn | 225.47 Mn | 51.80% |
| 6 | Geo | 4.15 Bn | 3.90 Bn | - | - |
| 7 | CoreCivic | 3.30 Bn | 3.19 Bn | - | - |
| 8 | Napco Security Technologies | 1.35 Bn | 1.22 Bn | 29.49 Mn | 59.98% |
| 9 | Evolv Technologies Holdings | 972.56 Mn | 909.93 Mn | 21.95 Mn | 50.17% |
| 10 | Mistras | 620.39 Mn | 598.40 Mn | 56.45 Mn | 29.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 50.17% |
| Mar 31, 2026 | 50.94% |
| Dec 31, 2025 | 48.38% |
| Sep 30, 2025 | 49.72% |
| Jun 30, 2025 | 49.83% |
| Mar 31, 2025 | 59.83% |
| Dec 31, 2024 | 57.53% |
| Sep 30, 2024 | 57.78% |
| Jun 30, 2024 | 58.50% |
| Mar 31, 2024 | 54.80% |
| Dec 31, 2023 | 46.46% |
| Sep 30, 2023 | 54.56% |
| Jun 30, 2023 | 36.59% |
| Mar 31, 2023 | 22.56% |
| Dec 31, 2022 | 0.26% |
| Sep 30, 2022 | -0.51% |
| Jun 30, 2022 | 4.24% |
| Mar 31, 2022 | 10.30% |
| Dec 31, 2021 | -9.32% |
| Sep 30, 2021 | 41.16% |