Evolv Technologies Holdings (EVLV) Research & Development (2020 - 2026)
Evolv Technologies Holdings (EVLV) posted Research & Development of $5.9 million for Q1 2026, down 80.65% sequentially from $30.4 million in Q4 2025, and up 21.04% YoY from $4.9 million in Q1 2025.
Evolv Technologies Holdings (EVLV) Research & Development (2020 - 2026) Analysis & Trends
Evolv Technologies Holdings has reported Research & Development for 7 years, with the latest figure at $5.9 million in Q1 2026.
- Quarterly Research & Development rose 21.04% year-over-year to $5.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $46.6 million (up 19.21% YoY) and the FY2025 annual result came in at $45.6 million, down 24.76% from the prior year.
- Research & Development declined to $5.9 million in Q1 2026 per EVLV's latest filing, from $30.4 million in the prior quarter.
- Over five years, Research & Development peaked at $30.4 million in Q4 2025 and troughed at -$14.7 million in Q4 2022.
- A 5-year average of $9.9 million and a median of $11.6 million in 2022 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 676.91% in 2022, down 580.84% in 2022.
- Over 5 years, Research & Development stood at -$14.7 million in 2022, then jumped by 197.52% to $14.3 million in 2023, then decreased by 6.2% to $13.5 million in 2024, then soared by 126.08% to $30.4 million in 2025, then slumped by 80.65% to $5.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $5.9 million, $30.4 million, and $5.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 13.92 Bn | 13.60 Bn | 517.50 Mn | - |
| 2 | MSA Safety | 7.30 Bn | 7.10 Bn | 249.29 Mn | 19.15 Mn |
| 3 | Adt | 5.22 Bn | 5.20 Bn | 1.05 Bn | - |
| 4 | Brinks | 4.63 Bn | 2.97 Bn | 366.10 Mn | - |
| 5 | Brady | 4.32 Bn | 4.14 Bn | 225.47 Mn | 23.53 Mn |
| 6 | Geo | 4.27 Bn | 4.02 Bn | - | - |
| 7 | CoreCivic | 3.36 Bn | 3.25 Bn | - | - |
| 8 | Napco Security Technologies | 1.36 Bn | 1.24 Bn | 29.49 Mn | 3.42 Mn |
| 9 | Evolv Technologies Holdings | 964.45 Mn | 901.82 Mn | 21.95 Mn | 12.70 Mn |
| 10 | Mistras | 603.20 Mn | 581.21 Mn | 56.45 Mn | 243,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.70 Mn |
| Mar 31, 2026 | 5.89 Mn |
| Dec 31, 2025 | 30.42 Mn |
| Sep 30, 2025 | 5.61 Mn |
| Jun 30, 2025 | 4.74 Mn |
| Mar 31, 2025 | 4.86 Mn |
| Dec 31, 2024 | 13.46 Mn |
| Sep 30, 2024 | 14.97 Mn |
| Jun 30, 2024 | 5.85 Mn |
| Mar 31, 2024 | 15.86 Mn |
| Dec 31, 2023 | 14.34 Mn |
| Sep 30, 2023 | 14.41 Mn |
| Jun 30, 2023 | 13.60 Mn |
| Mar 31, 2023 | 12.64 Mn |
| Dec 31, 2022 | -14.71 Mn |
| Sep 30, 2022 | 5.18 Mn |
| Jun 30, 2022 | 11.61 Mn |
| Mar 31, 2022 | 9.67 Mn |
| Dec 31, 2021 | 3.06 Mn |
| Sep 30, 2021 | 667,000.00 |