Evolv Technologies Holdings (EVLV) Operating Expenses (2020 - 2026)

Evolv Technologies Holdings' Operating Expenses history runs 7 years deep, the most recent figure standing at $32.1 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 4.38% year-over-year to $32.1 million; the TTM figure through Mar 2026 stood at $122.3 million (down 13.42% YoY), while the FY2025 annual figure was $123.8 million, down 12.7% from the prior year.
• Operating Expenses came in at $32.1 million for Q1 2026 at Evolv Technologies Holdings, up from $26.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $37.1 million in Q2 2024 to a low of $24.8 million in Q1 2022.
• A 5-year average of $30.8 million and a median of $31.8 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 244.23% in 2022 and slipped 25.28% in 2025, its largest moves.
• Evolv Technologies Holdings' Operating Expenses stood at $26.9 million in 2022, then climbed by 18.34% to $31.8 million in 2023, then grew by 12.1% to $35.6 million in 2024, then fell by 25.28% to $26.6 million in 2025, then climbed by 20.51% to $32.1 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $32.1 million, $26.6 million, and $29.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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