Evolv Technologies Holdings annual operating expenses
2020
2021
2022
2023
2024
2025
Evolv Technologies Holdings Operating Expenses Growth & History (EVLV)
Evolv Technologies Holdings's operating expenses was $123.8M for fiscal 2025.
View full Evolv Technologies Holdings company overviewEvolv Technologies Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $123.8M | −$18.0M | −12.70% |
| 2024 | 2024-12-31 | $141.8M | $19.8M | +16.24% |
| 2023 | 2023-12-31 | $122.0M | $17.6M | +16.88% |
| 2022 | 2022-12-31 | $104.3M | $45.1M | +75.98% |
| 2021 | 2021-12-31 | $59.3M | $31.1M | +110.38% |
| 2020 | 2020-12-31 | $28.2M | — | — |
Evolv Technologies Holdings quarterly operating expenses
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $32.5M | −$1.2M | −3.58% |
| Q1 2026 | 2026-03-31 | $32.1M | −$1.5M | −4.38% |
| Q4 2025 | 2025-12-31 | $26.6M | −$9.0M | −25.28% |
| Q3 2025 | 2025-09-30 | $29.9M | −$5.1M | −14.47% |
| Q2 2025 | 2025-06-30 | $33.7M | −$3.4M | −9.20% |
| Q1 2025 | 2025-03-31 | $33.5M | −$522,000 | −1.53% |
| Q4 2024 | 2024-12-31 | $35.6M | $3.8M | +12.10% |
| Q3 2024 | 2024-09-30 | $35.0M | $2.9M | +8.97% |
| Q2 2024 | 2024-06-30 | $37.1M | $6.1M | +19.74% |
| Q1 2024 | 2024-03-31 | $34.1M | $7.0M | +25.70% |
| Q4 2023 | 2023-12-31 | $31.8M | $4.9M | +18.34% |
| Q3 2023 | 2023-09-30 | $32.1M | $5.7M | +21.37% |
| Q2 2023 | 2023-06-30 | $31.0M | $4.7M | +17.87% |
| Q1 2023 | 2023-03-31 | $27.1M | $2.3M | +9.44% |
| Q4 2022 | 2022-12-31 | $26.9M | $7.4M | +38.22% |
| Q3 2022 | 2022-09-30 | $26.4M | $3.6M | +15.80% |
| Q2 2022 | 2022-06-30 | $26.3M | $18.7M | +244.23% |
| Q1 2022 | 2022-03-31 | $24.8M | $15.4M | +163.40% |
| Q4 2021 | 2021-12-31 | $19.4M | — | — |
| Q3 2021 | 2021-09-30 | $22.8M | $16.0M | +234.85% |
| Q2 2021 | 2021-06-30 | $7.6M | — | — |
| Q1 2021 | 2021-03-31 | $9.4M | — | — |
| Q3 2020 | 2020-09-30 | $6.8M | — | — |
Evolv Technologies Holdings operating expenses trends
Over the last five fiscal years, Evolv Technologies Holdings's operating expenses increased from $28.2M to $123.8M, a change of $95.6M. The latest reported quarter, Q2 2026, shows $32.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Evolv Technologies Holdings source filings ↗