EVLV
IndustrialsEvolv Technologies Holdings, Inc. · Security & Protection Services · $1B
What is Evolv Technologies Holdings, Inc.?
Evolv Technologies Holdings is a small-cap security technology company headquartered in Waltham, Massachusetts, focused on AI-powered touchless screening for public venues and high-traffic facilities.
Evolv develops AI-based security screening systems that detect weapons and explosives as people walk through at a normal pace — no stopping, no emptying pockets. Revenue comes from selling and leasing screening hardware paired with software analytics subscriptions, targeting venues, schools, stadiums, and enterprise campuses.
The company was founded in 2020 and is headquartered in Waltham, Massachusetts.
- Evolv Express – touchless firearms and explosives detection
- Evolv Edge – non-metallic and explosive device screening
- Evolv Insights – visitor flow analytics and alarm reporting dashboard
Is EVLV a Good Stock to Buy?
UQS Score rates EVLV as Below Average overall.
Growth stands out as the strongest pillar, reflecting expanding demand for AI-driven physical security solutions. Risk registers as Neutral, suggesting the business is not facing acute near-term financial distress.
Both Quality and Moat score Weak, pointing to thin profitability and limited competitive differentiation. Valuation is Elevated, meaning the market is pricing in considerable future success.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does EVLV pay dividends?
No — Evolv Technologies Holdings, Inc. does not currently pay a dividend.
Evolv does not currently pay a dividend. As an early-stage growth company, capital is directed toward product development and market expansion rather than shareholder distributions. Income-focused investors should factor this into their assessment.
When does EVLV report earnings?
Evolv Technologies reports earnings on a quarterly cadence, typical for US-listed equities.
The company has been scaling its installed base and recurring software revenue, though profitability remains a work in progress. Quarterly results tend to reflect the pace of new venue deployments and contract renewals.
For the most recent quarter's results, visit Evolv Technologies' investor relations page directly.
EVLV Price History
-33.7% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Evolv Technologies Holdings, Inc.?
Based on Evolv Technologies Holdings, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Evolv Technologies do?
Evolv Technologies makes AI-powered touchless security screening systems that detect firearms, explosives, and tactical knives as people walk through at a normal pace. Its customers include venues, schools, stadiums, and enterprise campuses seeking faster, less disruptive security screening.
Does EVLV pay dividends?
No, Evolv Technologies does not pay a dividend. The company is in a growth phase and reinvests available capital into expanding its product capabilities and customer base rather than returning cash to shareholders.
When does EVLV report earnings?
Evolv reports on a standard quarterly schedule. Our data source does not publish specific upcoming earnings dates, so check the company's investor relations page for the latest schedule.
Is EVLV a good stock to buy?
UQS Score rates EVLV as Below Average, driven by Weak Quality and Moat scores alongside an Elevated Valuation. Growth is a genuine bright spot. Whether that growth justifies the current price depends on your risk tolerance — the full pillar breakdown is available to Pro members.
Is EVLV overvalued?
The UQS Valuation pillar for EVLV is rated Elevated, suggesting the stock is priced above what current fundamentals alone would support. Investors are effectively paying a premium for anticipated future growth in AI security adoption.
What is EVLV's market cap bracket?
Evolv Technologies is classified as a small-cap company. Small-cap stocks can offer higher growth potential but typically carry greater volatility and liquidity risk compared to large- or mega-cap peers.
Is EVLV a long-term quality indicator?
As a long-term quality indicator, EVLV scores Below Average on the UQS composite. Strong Growth is offset by Weak Quality and Moat scores, meaning the business has not yet demonstrated the durable profitability and competitive advantages typically associated with high-quality long-term holdings.
What sector does EVLV belong to?
Evolv Technologies is classified in the Industrials sector, within the security and detection equipment niche. Its AI-driven approach places it at the intersection of traditional physical security and enterprise software.
Unlock Full EVLV Analysis
Sign in to unlock the detailed analysis behind the UQS Score.
- ✓View the complete five-pillar UQS Score breakdown for EVLV
- ✓Access detailed financial metrics and trend data
- ✓Compare EVLV against sector peers on quality and valuation
- ✓Get the full analyst view available exclusively to Pro members
Pro Analysis
EVLV — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 16, 2026 | 37.0 | 13.9 | 21.0 | 100.0 | 55.2 | 0.0 | -0.2 |
| Apr 2, 2026 | 37.2 | 13.9 | 21.0 | 100.0 | 56.5 | 0.0 | — |
EVLV — Pillar Breakdown
Quality
— 13.9/100 (25%)Evolv Technologies Holdings, Inc. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 100.0/100 (20%)Evolv Technologies Holdings, Inc. is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Risk
— 55.2/100 (15%)Evolv Technologies Holdings, Inc. maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 0.0/100 (15%)Evolv Technologies Holdings, Inc. appears expensively valued relative to its fundamentals and growth prospects.
Moat
— 21/100 (25%)Evolv Technologies Holdings, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for EVLV.
Score Composition
Financial Data
More Stock Analysis
How is the EVLV UQS Score Calculated?
The UQS (Unified Quality Score) for Evolv Technologies Holdings, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Evolv Technologies Holdings, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Evolv Technologies Holdings, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.