Evolv Technology Q1 revenue $46.3M (+45% YoY); raises 2026 revenue outlook to $175-180M

Evolv Technologies Holdings, Inc.

2026-Q1 EPS reported -$0.03 revenue$46,328,000

Q1 revenue $46.3M, up 45% YoY from $32.0M; ARR $127.3M, up 20% YoY.
Net loss $(5.0)M ($(0.03)/share); adjusted EBITDA $3.9M vs. $2.1M in Q1 2025.
Cash, equivalents and marketable securities $61.1M as of March 31, 2026.
2026 revenue guidance raised to $175-180M (prev. $172-178M); ARR target $145-150M unchanged.
Expects positive full-year adjusted EBITDA with high-single-digit margins in 2026.

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