Evolv Technologies Holdings EVLV
NASDAQ EVLV
$5.44 +0.04 (+0.74%)
As of: Aug 21, 2026 · 9:39 AM EDT

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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Allegion 13.91 Bn 13.59 Bn 517.50 Mn 44.94%
2 MSA Safety 7.27 Bn 7.07 Bn 249.29 Mn 49.53%
3 Adt 5.24 Bn 5.22 Bn 1.05 Bn 79.92%
4 Brady 4.72 Bn 4.54 Bn 225.47 Mn 51.80%
5 Brinks 4.68 Bn 3.02 Bn 366.10 Mn 26.29%
6 Geo 4.17 Bn 3.92 Bn - -
7 CoreCivic 3.33 Bn 3.22 Bn - -
8 Napco Security Technologies 1.34 Bn 1.21 Bn 29.49 Mn 59.98%
9 Evolv Technologies Holdings 977.96 Mn 915.33 Mn 21.95 Mn 50.17%
10 Mistras 623.89 Mn 601.90 Mn 56.45 Mn 29.23%

Historic Data

Download Data
DateValue
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%