Evolv Technologies Holdings annual r&d spending
2020
2021
2022
2023
2024
2025
Evolv Technologies Holdings R&D Spending Growth & History (EVLV)
Evolv Technologies Holdings's r&d spending was $20.6M for fiscal 2025.
View full Evolv Technologies Holdings company overviewEvolv Technologies Holdings annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $20.6M | −$2.8M | −12.06% |
| 2024 | 2024-12-31 | $23.4M | −$1.0M | −4.20% |
| 2023 | 2023-12-31 | $24.5M | $5.9M | +32.02% |
| 2022 | 2022-12-31 | $18.5M | $7.1M | +61.78% |
| 2021 | 2021-12-31 | $11.5M | −$4.3M | −27.07% |
| 2020 | 2020-12-31 | $15.7M | — | — |
Evolv Technologies Holdings quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.8M | $1.0M | +22.04% |
| Q1 2026 | 2026-03-31 | $5.9M | $1.0M | +21.04% |
| Q4 2025 | 2025-12-31 | $5.4M | $22,000 | +0.41% |
| Q3 2025 | 2025-09-30 | $5.6M | −$202,000 | −3.48% |
| Q2 2025 | 2025-06-30 | $4.7M | −$1.1M | −19.03% |
| Q1 2025 | 2025-03-31 | $4.9M | −$1.5M | −23.98% |
| Q4 2024 | 2024-12-31 | $5.4M | −$913,000 | −14.49% |
| Q3 2024 | 2024-09-30 | $5.8M | −$576,000 | −9.02% |
| Q2 2024 | 2024-06-30 | $5.8M | −$539,000 | −8.44% |
| Q1 2024 | 2024-03-31 | $6.4M | $1.0M | +18.55% |
| Q4 2023 | 2023-12-31 | $6.3M | $1.5M | +31.15% |
| Q3 2023 | 2023-09-30 | $6.4M | $1.2M | +23.23% |
| Q2 2023 | 2023-06-30 | $6.4M | $2.0M | +46.07% |
| Q1 2023 | 2023-03-31 | $5.4M | $1.2M | +29.22% |
| Q4 2022 | 2022-12-31 | $4.8M | $1.7M | +57.11% |
| Q3 2022 | 2022-09-30 | $5.2M | $1.6M | +43.47% |
| Q2 2022 | 2022-06-30 | $4.4M | $3.3M | +317.77% |
| Q1 2022 | 2022-03-31 | $4.2M | $435,000 | +11.63% |
| Q4 2021 | 2021-12-31 | $3.1M | — | — |
| Q3 2021 | 2021-09-30 | $3.6M | −$476,000 | −11.64% |
| Q2 2021 | 2021-06-30 | $1.0M | — | — |
| Q1 2021 | 2021-03-31 | $3.7M | — | — |
| Q3 2020 | 2020-09-30 | $4.1M | — | — |
Evolv Technologies Holdings r&d spending trends
Over the last five fiscal years, Evolv Technologies Holdings's r&d spending increased from $15.7M to $20.6M, a change of $4.9M. The latest reported quarter, Q2 2026, shows $5.8M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Evolv Technologies Holdings source filings ↗