Evolv Tech Q4 net income $10.9M, revenue up 32%; raises 2026 outlook

Evolv Technologies Holdings, Inc.

Q4 revenue $38.5M (+32% YoY); net income $10.9M vs loss of $15.7M in Q4 2024.
FY2025 revenue $145.9M (+40% YoY); Adjusted EBITDA $11.1M (vs -$21.0M in 2024).
Q4 ending ARR $120.5M (+21% YoY); cash $69.0M, up $12.8M sequentially.
2026 guidance raised: revenue $172-178M (18-22% growth), ARR $145-150M, positive Adj. EBITDA.

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