Evolv Technologies develops AI-powered weapons-detection systems that screen people at high-throughput entrances without traditional metal-detector bottlenecks. Its flagship Evolv Express platforms use sensor arrays and machine learning to flag potential threats while allowing visitors to walk through with bags and personal items. Customers include stadiums, schools, hospitals, workplaces and other venues seeking faster, less intrusive security. The model centers on hardware plus software analytics and subscription-style system support.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 32 | — | -1.7 | — |
| Q2 2025 | 32.5 | — | -40.5 | — |
| Q3 2025 | 42.9 | — | -1.8 | — |
| Q4 2025 | 38.5 | — | 10.9 | — |
| Q1 2026 | 46.3 | 44.7% | -5 | — |
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