Growth Metrics

Evolv Technologies Holdings (EVLV) Gross Margin (2020 - 2026)

Evolv Technologies Holdings recorded quarterly Gross Margin of 50.94% in Q1 2026, up 5.29% quarter-over-quarter from 48.38% in Q4 2025, and down 889.0% year-over-year from 6.46% in Q1 2025.

Evolv Technologies Holdings' Gross Margin history runs 7 years deep, the most recent figure standing at 50.94% for Q1 2026.

  • In Q1 2026, Gross Margin fell 889.0% year-over-year to 50.94%; the TTM figure through Mar 2026 stood at 49.77% (down 868.0% YoY), while the FY2025 annual figure was 51.61%, down 564.0% from the prior year.
  • Gross Margin came in at 50.94% for Q1 2026 at Evolv Technologies Holdings, up from 48.38% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 59.83% in Q1 2025 to a low of 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.
  • Across the five-year window, Gross Margin tumbled 4167 bps in 2022 and surged 5507 bps in 2023, its largest moves.
  • Evolv Technologies Holdings' Gross Margin stood at 0.26% in 2022, then jumped by 17868 bps to 46.46% in 2023, then gained by 24 bps to 57.53% in 2024, then dropped by 16 bps to 48.38% in 2025, then climbed 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Allegion 11.20 Bn 10.89 Bn 454.50 Mn 43.97%
2 MSA Safety 6.44 Bn 6.26 Bn 219.58 Mn 47.36%
3 Adt 5.10 Bn 5.07 Bn 1.04 Bn 81.01%
4 Brinks 4.39 Bn 3.98 Bn 382.40 Mn 27.73%
5 Brady 4.08 Bn 3.90 Bn 225.47 Mn 51.80%
6 Geo 3.01 Bn 2.92 Bn - -
7 CoreCivic 2.08 Bn 1.87 Bn - -
8 Napco Security Technologies 1.34 Bn 1.21 Bn 29.49 Mn 59.98%
9 Evolv Technologies Holdings 1.14 Bn 1.08 Bn 23.60 Mn 50.94%
10 Mistras 555.86 Mn 531.24 Mn 44.73 Mn 26.46%

Historic Data

Download Data 🔒
DateValue
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%
Jun 30, 2021 15.56%
Mar 31, 2021 12.16%
Dec 31, 2020 19.04%
Sep 30, 2020 43.74%