Evolv Technologies Holdings (EVLV) Gross Margin (2020 - 2026)
Evolv Technologies Holdings (EVLV) reported Gross Margin of 50.17% for Q2 2026, up 0.34 percentage points from 49.83% a year earlier but down 0.77 percentage points from the prior quarter.
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Analysis
Evolv Technologies Holdings (EVLV) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Evolv Technologies Holdings' Gross Margin came in at 49.86%, down 6.26 percentage points year-over-year; for FY2025, it was 51.61%, down 5.64 percentage points from FY2024.
- Gross Margin has a five-year change of +27.04 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 57.25% in FY2024 (+17.15 pp), 40.10% in FY2023 (+37.45 pp), 2.66% in FY2022 (-14.57 pp) and 17.22% in FY2021 (-7.34 pp).
- Five-year quarterly Gross Margin spans a low of -9.32% in Q4 2021 and a high of 59.83% in Q1 2025.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -1.89 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2023 (a gain of 55.07 percentage points); the low point was Q3 2022 (a drop of 41.67 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 50.94% (Q1 2026), 48.38% (Q4 2025) and 49.72% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 78.59% |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 79.63% |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 60.42% |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 0.03% |
| 10 | Evolv Technologies Holdings | 840.90 Mn | 591.94 Mn | 21.95 Mn | 50.17% |
Historic Data
Download Data
Historic 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% |
API Access
Evolv Technologies Holdings Gross Margin 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=gross-margin&ticker=EVLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=EVLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();