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Evolv Technologies Valuation Multiples
Discover revenue and EBITDA valuation multiples for Evolv Technologies and similar public comparables like Kinpo Electronics, Elsight, YC Corp., Plejd and more.
Evolv Technologies Overview
About Evolv Technologies
Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. It offers products for purchase under a multi-year security-as-a-service subscription pricing model that delivers ongoing value to customers, generates predictable revenue, and creates expansion and upsell opportunities. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.
Founded
2020
HQ
Employees
287
Website
Financials (LTM)
EV
$1B
Evolv Technologies Financials
Evolv Technologies reported last 12-month revenue of $154M and EBITDA of $12M.
In the same LTM period, Evolv Technologies generated $80M in gross profit, $12M in EBITDA, and had net loss of ($35M).
Revenue (LTM)
Evolv Technologies P&L
In the most recent fiscal year, Evolv Technologies reported revenue of $146M and EBITDA of $11M.
Evolv Technologies expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $154M | XXX | $146M | XXX | XXX | XXX |
| Gross Profit | $80M | XXX | $75M | XXX | XXX | XXX |
| Gross Margin | 52% | XXX | 52% | XXX | XXX | XXX |
| EBITDA | $12M | XXX | $11M | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| EBIT Margin | (29%) | XXX | (31%) | XXX | XXX | XXX |
| Net Profit | ($35M) | XXX | ($33M) | XXX | XXX | XXX |
| Net Margin | (23%) | XXX | (23%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Evolv Technologies Stock Performance
Evolv Technologies has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
Evolv Technologies' stock price is $6.48.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | 0.0% | XXX | XXX | XXX | $-0.18 |
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Start Free TrialEvolv Technologies Valuation Multiples
Evolv Technologies trades at 7.4x EV/Revenue multiple, and 96.8x EV/EBITDA.
EV / Revenue (LTM)
Evolv Technologies Financial Valuation Multiples
As of April 19, 2026, Evolv Technologies has market cap of $1B and EV of $1B.
Equity research analysts estimate Evolv Technologies' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Evolv Technologies has a P/E ratio of (33.4x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 7.4x | XXX | 7.8x | XXX | XXX | XXX |
| EV/EBITDA | 96.8x | XXX | 104.7x | XXX | XXX | XXX |
| EV/EBIT | (25.2x) | XXX | (24.8x) | XXX | XXX | XXX |
| EV/Gross Profit | 14.3x | XXX | 15.1x | XXX | XXX | XXX |
| P/E | (33.4x) | XXX | (35.1x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (62.0x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Evolv Technologies Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Evolv Technologies Margins & Growth Rates
Evolv Technologies' revenue in the last 12 month grew by 19%.
Evolv Technologies' revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.4M for the same period.
Evolv Technologies' rule of 40 is 27% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Evolv Technologies' rule of X is 56% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Evolv Technologies Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 19% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | 38% | XXX | 27% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 27% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 56% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 29% | XXX | 31% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 32% | XXX | 38% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 13% | XXX | 14% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 83% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Evolv Technologies Public Comps
See public comps and valuation multiples for other Computer Hardware and Sensors & Monitoring comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Evolv Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Kinpo Electronics | XXX | XXX | XXX | XXX | XXX | XXX |
| Elsight | XXX | XXX | XXX | XXX | XXX | XXX |
| YC Corp. | XXX | XXX | XXX | XXX | XXX | XXX |
| Plejd | XXX | XXX | XXX | XXX | XXX | XXX |
| Foxsemicon | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Evolv Technologies M&A Activity
Evolv Technologies acquired XXX companies to date.
Last acquisition by Evolv Technologies was on XXXXXXXX, XXXXX. Evolv Technologies acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Evolv Technologies
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialEvolv Technologies Investment Activity
Evolv Technologies invested in XXX companies to date.
Evolv Technologies made its latest investment on XXXXXXXX, XXXXX. Evolv Technologies invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Evolv Technologies
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Evolv Technologies
| When was Evolv Technologies founded? | Evolv Technologies was founded in 2020. |
| Where is Evolv Technologies headquartered? | Evolv Technologies is headquartered in United States. |
| How many employees does Evolv Technologies have? | As of today, Evolv Technologies has over 287 employees. |
| Who is the CEO of Evolv Technologies? | Evolv Technologies' CEO is John Kedzierski. |
| Is Evolv Technologies publicly listed? | Yes, Evolv Technologies is a public company listed on Nasdaq. |
| What is the stock symbol of Evolv Technologies? | Evolv Technologies trades under EVLV ticker. |
| When did Evolv Technologies go public? | Evolv Technologies went public in 2021. |
| Who are competitors of Evolv Technologies? | Evolv Technologies main competitors are Kinpo Electronics, Elsight, YC Corp., Plejd. |
| What is the current market cap of Evolv Technologies? | Evolv Technologies' current market cap is $1B. |
| What is the current revenue of Evolv Technologies? | Evolv Technologies' last 12 months revenue is $154M. |
| What is the current revenue growth of Evolv Technologies? | Evolv Technologies revenue growth (NTM/LTM) is 19%. |
| What is the current EV/Revenue multiple of Evolv Technologies? | Current revenue multiple of Evolv Technologies is 7.4x. |
| Is Evolv Technologies profitable? | Yes, Evolv Technologies is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Evolv Technologies? | Evolv Technologies' last 12 months EBITDA is $12M. |
| What is Evolv Technologies' EBITDA margin? | Evolv Technologies' last 12 months EBITDA margin is 8%. |
| What is the current EV/EBITDA multiple of Evolv Technologies? | Current EBITDA multiple of Evolv Technologies is 96.8x. |
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