Evolv Technologies Holdings (EVLV) Research & Development (2020 - 2026)
Evolv Technologies Holdings recorded quarterly Research & Development of $5.9 million in Q1 2026, up 8.74% quarter-over-quarter from $5.4 million in Q4 2025, and up 21.04% year-over-year from $4.9 million in Q1 2025.
Evolv Technologies Holdings' Research & Development history runs 7 years deep, the most recent figure standing at $5.9 million for Q1 2026.
- In Q1 2026, Research & Development rose 21.04% year-over-year to $5.9 million; the TTM figure through Mar 2026 stood at $21.6 million (down 1.23% YoY), while the FY2025 annual figure was $20.6 million, down 12.06% from the prior year.
- Research & Development came in at $5.9 million for Q1 2026 at Evolv Technologies Holdings, up from $5.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $6.4 million in Q1 2024 to a low of $4.2 million in Q1 2022.
- A 5-year average of $5.5 million and a median of $5.4 million in 2025 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 317.77% in 2022 and declined 23.98% in 2025, its largest moves.
- Evolv Technologies Holdings' Research & Development stood at $4.8 million in 2022, then soared by 31.15% to $6.3 million in 2023, then fell by 14.49% to $5.4 million in 2024, then increased by 0.41% to $5.4 million in 2025, then grew by 8.74% to $5.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $5.9 million, $5.4 million, and $5.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 11.20 Bn | 10.89 Bn | 454.50 Mn | - |
| 2 | MSA Safety | 6.44 Bn | 6.26 Bn | 219.58 Mn | 16.36 Mn |
| 3 | Adt | 5.10 Bn | 5.07 Bn | 1.04 Bn | - |
| 4 | Brinks | 4.39 Bn | 3.98 Bn | 382.40 Mn | - |
| 5 | Brady | 4.08 Bn | 3.90 Bn | 225.47 Mn | 23.53 Mn |
| 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 | 3.42 Mn |
| 9 | Evolv Technologies Holdings | 1.14 Bn | 1.08 Bn | 23.60 Mn | 5.89 Mn |
| 10 | Mistras | 555.86 Mn | 531.24 Mn | 44.73 Mn | 221,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.89 Mn |
| Dec 31, 2025 | 5.41 Mn |
| Sep 30, 2025 | 5.61 Mn |
| Jun 30, 2025 | 4.74 Mn |
| Mar 31, 2025 | 4.86 Mn |
| Dec 31, 2024 | 5.39 Mn |
| Sep 30, 2024 | 5.81 Mn |
| Jun 30, 2024 | 5.85 Mn |
| Mar 31, 2024 | 6.40 Mn |
| Dec 31, 2023 | 6.30 Mn |
| Sep 30, 2023 | 6.39 Mn |
| Jun 30, 2023 | 6.39 Mn |
| Mar 31, 2023 | 5.40 Mn |
| Dec 31, 2022 | 4.81 Mn |
| Sep 30, 2022 | 5.18 Mn |
| Jun 30, 2022 | 4.37 Mn |
| Mar 31, 2022 | 4.18 Mn |
| Dec 31, 2021 | 3.06 Mn |
| Sep 30, 2021 | 3.61 Mn |
| Jun 30, 2021 | 1.05 Mn |
| Mar 31, 2021 | 3.74 Mn |
| Dec 31, 2020 | 4.92 Mn |
| Sep 30, 2020 | 4.09 Mn |