Evolv Q2 rev $32.5M (+29% YoY), raises FY25 rev outlook to $132-135M

Evolv Technologies Holdings, Inc.

2025-Q2 EPS reported -$0.26 revenue$64,551,000

Q2 revenue $32.5M (+29% YoY); net loss $(40.5)M vs net income $3.4M in Q2'24 (restated).
Adjusted EBITDA $2.0M vs $(8.0)M loss YoY; cash flow from ops $2.1M vs $(21.6)M loss YoY.
FY25 revenue outlook raised to $132-135M (27-30% growth) from $125-130M; expects positive full-year adjusted EBITDA.
Chief Innovation Officer Michael Ellenbogen resigns effective Sept 5, 2025; remains on board.

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