Growth Metrics

Evolv Technologies Holdings (EVLVW) Free Cash Flow (2020 - 2026)

Evolv Technologies Holdings recorded quarterly Free Cash Flow of -$9.6 million in Q1 2026, down 171.97% quarter-over-quarter from $13.3 million in Q4 2025, and down 136.24% year-over-year from $26.4 million in Q1 2025.

Evolv Technologies Holdings' Free Cash Flow history runs 7 years deep, the most recent figure standing at -$9.6 million for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 136.24% year-over-year to -$9.6 million; the TTM figure through Mar 2026 stood at -$18.2 million (up 39.49% YoY), while the FY2025 annual figure was -$12.7 million, up 79.55% from the prior year.
  • Free Cash Flow came in at -$9.6 million for Q1 2026 at Evolv Technologies Holdings, down from $13.3 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $33.1 million in Q3 2023 to a low of -$70.1 million in Q4 2023.
  • A 5-year average of -$14.2 million and a median of -$9.6 million in 2026 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow jumped 326.87% in 2023 and slumped 1197.01% in 2025, its largest moves.
  • Evolv Technologies Holdings' Free Cash Flow stood at -$6.1 million in 2022, then tumbled by 1050.45% to -$70.1 million in 2023, then soared by 66.87% to -$23.2 million in 2024, then jumped by 157.34% to $13.3 million in 2025, then plunged by 171.97% to -$9.6 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$9.6 million, $13.3 million, and -$21.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Allegion 11.20 Bn 10.89 Bn 454.50 Mn 80.30 Mn
2 MSA Safety 6.44 Bn 6.26 Bn 219.58 Mn 65.10 Mn
3 Adt 5.10 Bn 5.07 Bn 1.04 Bn 589.16 Mn
4 Brinks 4.39 Bn 3.98 Bn 382.40 Mn 325.90 Mn
5 Brady 4.08 Bn 3.90 Bn 225.47 Mn 67.18 Mn
6 Geo 3.01 Bn 2.92 Bn - 134.75 Mn
7 CoreCivic 2.08 Bn 1.87 Bn - -4.97 Mn
8 Napco Security Technologies 1.34 Bn 1.21 Bn 29.49 Mn 16.02 Mn
9 Evolv Technologies Holdings 1.14 Bn 1.08 Bn 23.60 Mn -9.58 Mn
10 Evolv Technologies Holdings - - 23.60 Mn -9.58 Mn

Historic Data

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DateValue
Mar 31, 2026 -9.58 Mn
Mar 31, 2026 -9.58 Mn
Dec 31, 2025 13.31 Mn
Dec 31, 2025 13.31 Mn
Sep 30, 2025 -21.27 Mn
Sep 30, 2025 -21.27 Mn
Jun 30, 2025 -684,000.00
Jun 30, 2025 -684,000.00
Mar 31, 2025 -4.06 Mn
Mar 31, 2025 -4.06 Mn
Dec 31, 2024 -23.22 Mn
Dec 31, 2024 -23.22 Mn
Sep 30, 2024 1.94 Mn
Sep 30, 2024 1.94 Mn
Jun 30, 2024 -4.79 Mn
Jun 30, 2024 -4.79 Mn
Mar 31, 2024 -36.03 Mn
Mar 31, 2024 -36.03 Mn
Dec 31, 2023 -70.07 Mn
Dec 31, 2023 -70.07 Mn
Sep 30, 2023 33.07 Mn
Sep 30, 2023 33.07 Mn
Jun 30, 2023 -37.76 Mn
Jun 30, 2023 -37.76 Mn
Mar 31, 2023 -4.17 Mn
Mar 31, 2023 -4.17 Mn
Dec 31, 2022 -6.09 Mn
Dec 31, 2022 -6.09 Mn
Sep 30, 2022 -14.58 Mn
Sep 30, 2022 -14.58 Mn
Jun 30, 2022 -20.67 Mn
Jun 30, 2022 -20.67 Mn
Mar 31, 2022 -36.12 Mn
Mar 31, 2022 -36.12 Mn
Dec 31, 2021 -19.78 Mn
Dec 31, 2021 -19.78 Mn
Sep 30, 2021 -27.31 Mn
Sep 30, 2021 -27.31 Mn
Jun 30, 2021 -12.47 Mn
Jun 30, 2021 -12.47 Mn
Mar 31, 2021 -13.77 Mn
Mar 31, 2021 -13.77 Mn
Dec 31, 2020 -7.16 Mn
Dec 31, 2020 -7.16 Mn
Mar 31, 2020 10,000.00
Mar 31, 2020 10,000.00