---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-108693"
form_type: "8-K"
ticker: "EVLV"
cik: "0001805385"
company_name: "Evolv Technologies Holdings, Inc."
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T00:53:23.163118+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Evolv Tech raises FY 2023 outlook; discloses FTC inquiry into marketing practices

## Summary
- Preliminary Q3 revenue $19.3-19.8M, ARR $65.5-66.0M, gross margin 56-57%.
- FY 2023 revenue guidance raised to $75-77M from $70-75M; adjusted EBITDA outlook improved to ($50-53M).
- New distribution model accounted for ~30% of Q3 net additions; 70 new customers added.
- FTC requested information about certain marketing practices; company says it is cooperating.

## SEC filing metadata
- accession: 0001104659-23-108693
- form_type: 8-K
- ticker: EVLV
- cik: 0001805385
- company_name: Evolv Technologies Holdings, Inc.
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805385/000110465923108693/0001104659-23-108693-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805385/000110465923108693/tm2328247d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-108693
- JSON: https://secwatch.observer/filing/0001104659-23-108693.json
- Plain text: https://secwatch.observer/filing/0001104659-23-108693.txt

## Key facts
- Earnings Releases
  Evolv Technologies Holdings, Inc. reported the three months ended September 30, 2023 results: revenue Total revenues to range between $19.3 million to $19.8 million. Guidance raised.
  - Period: the three months ended September 30, 2023
  - Revenue: Total revenues to range between $19.3 million to $19.8 million
  - Guidance: raised
  - Result: preliminary results
  source text: Results for the Third Quarter of 2023 Based on preliminary third quarter estimates which are subject to change, the Company currently expects: · Total revenues to range between $19.3 million to $19.8 million · Q3 ending ARR 1 to range between $65.5 million to $66.0 million · Q3 net additions to range between 620 to 625 · Gross margin to range between 56% to 57% ·
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805385/000110465923108693/0001104659-23-108693-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.