EVOLV TECHNOLOGIES HOLDINGS INC CL (EVLV)
Information Technology · AI-powered physical security screening and threat detection · NASDAQ
Evolv is an AI-powered security screening platform using integrated hardware and software to detect concealed threats at high-throughput facility entry points.
What EVOLV TECHNOLOGIES HOLDINGS INC CL does
Evolv Technologies is a security technology company that delivers AI-powered screening solutions designed to detect concealed threats (weapons) while maintaining efficient visitor flow and positive user experience. The company operates a Security-as-a-Service model combining proprietary sensor hardware (Evolv Express for personal screening, Evolv eXpedite for bag screening), AI-powered software, cloud services, and ongoing support. Evolv serves education, healthcare, sports, live entertainment, tourist attractions, houses of worship, and industrial workplaces. The platform generates anonymized real-world operational data that is used to continuously train and improve detection algorithms through software updates.
Themes: ["AI-powered physical security","Weapons detection / threat screening","Security-as-a-Service (SaaS)","Edge AI (on-device + cloud integration)","Facility security / entry point screening"]
Fundamentals
- Price$6.03 as of 2026-07-09 close
- Market cap$1.1B as of 2026-07-10
- 1-year return+2.4% as of 2026-07-09 close
- Net margin-22.8% as of 2026-07-10
- Gross margin+51.8% as of 2026-07-10
- ROE-33.5% as of 2026-07-10
- Debt / equity0.24 as of 2026-07-10
- Revenue growth (YoY)+40.5% as of 2026-07-10
- Revenue CAGR (3y)+40.4% SEC XBRL
- Beta1.85 as of 2026-07-10
Key risks (from latest filing)
["Sales practices investigation: An ad hoc committee of independent directors commenced an investigation in September 2024 into the company's sales practices, which could impact reputation, customer relationships, and financial results.","Unprofitability and operating losses: The company operates at a net margin of -22.75%, indicating ongoing significant losses and dependence on continued capital support and revenue growth to reach profitability.","Regulatory and legal risks: Security screening and threat detection products may face evolving regulatory requirements, privacy concerns, or liability claims related to detection accuracy or security incidents."]
Competitors & peers
- Kodiak Robotics (autonomous threat detection)
- Checkpoint Systems (security screening hardware)
- Smiths Detection (threat screening and detection)
- OSI Systems / Rapiscan (X-ray and detection systems)
- Hikvision (physical security systems)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.