Evolv Technologies Holdings, Inc. (EVLV) Earnings Call Transcripts

Evolv Technologies Holdings, Inc.'s Latest Earnings Call - June 9, 2026

Evolv Technologies Holdings, Inc. (EVLV:US) reported strong growth in Q1 2026, with revenue increasing by 45% year-over-year, driven by a shift in revenue recognition methods. The company reaffirmed its guidance for 2026, expecting revenue growth of 20% to 23% and adjusted EBITDA margins in the high single digits. Management emphasized their goal to triple revenue to over $500 million by 2031, targeting a compound annual growth rate (CAGR) of approximately 25%.

Reported metrics

Guidance from management

Management reaffirmed their 2026 revenue growth guidance of 20% to 23% and adjusted EBITDA margins in the high single digits. They aim to triple revenue to over $500 million by 2031, targeting a 25% CAGR.

What management said

So with your time at ATF and then more recently at the Met, you've seen the threat environment, and it's changed over time. It's certainly quite a dynamic environment today. How would you characterize the threat environment today and how it's been different over the last 5 years?

So I want to get into The Met itself, but there's some very topical news this week and this summer. The World Cup is starting tomorrow in Mexico and then a couple of days later in the U.S. We have America 250 and all the celebrations there. In general, how do security professionals think about securing those types of events?

What analysts pressed on

Analysts expressed concerns about the sustainability of high growth rates and the potential impact of increased competition in the security technology market. They also questioned the execution risks associated with the company's ambitious expansion plans and product innovation timelines.

Main topics on the call

• Revenue Growth and Guidance — Evolv reported a 45% increase in revenue for Q1 2026, driven by a change in how hardware revenue is recognized. Management maintained guidance for 2026 with expected revenue growth of 20% to 23% and adjusted EBITDA margi...
• Annual Recurring Revenue (ARR) Growth — The company reported an ARR of $127 million at the end of Q1 2026, highlighting the long-term nature of their contracts, typically spanning four years. This recurring revenue model provides strong visibility into future ...
• Remaining Performance Obligation (RPO) — Evolv's RPO stood at nearly $300 million, which is approximately 170% of the expected full-year revenue for 2026. This indicates strong future revenue visibility and reflects the company's solid contract structure.
• Product Innovation and Market Expansion — Management highlighted the successful launch of the eXpedite product, which has improved screening efficiency. They aim to expand their product offerings and increase market penetration, particularly in education and hea...

Read the full Evolv Technologies Holdings, Inc. transcript (June 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 29 Evolv Technologies Holdings, Inc. earnings call transcripts on record, spanning August 16, 2021 to June 9, 2026. Based on this history, Evolv Technologies Holdings, Inc. reports quarterly. The most recent call on file is dated June 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EVLV

Exchange

NasdaqCM

Country

US

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

29

First call

August 16, 2021

Most recent

June 9, 2026

Reporting cadence

quarterly