NASDAQ$EVLV

Evolv Technologies Holdings Inc · Q3 2024 earnings

Q3 2024 earnings · · After market close · Investor relations

Briefing

EVLV Q3 2024 — $100.0M revenue

Additionally, four other employees, including personnel from its sales, finance and accounting departments were terminated or resigned as a result of the investigation. Evolv Technologies Holdings Inc reported Q3 2024 results. Net income of $90.9M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $100.0M.
  • Net income: $90.9M.
  • Operating income: $19K.
  • Gross profit: $16K.

Headline financials

Total Revenue

$27.4M

Previous: $20.2M+35.5%
EPS

-$0.19

Previous: -$0.08-137.5%
Free Cash Flow

-$30.4M

Previous: $6M-607.5%
Net Income

-$30.4M

Previous: $6M-607.5%
Operating Income

-$19.2M

Previous: -$20.2M+5.4%
Gross Profit

$15.8M

Previous: $11.4M+38.8%

Revenue & EPS history

Evolv · Revenue · Quarterly

$27.4M

Q3 2024+35.5%vs Q3 2023
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Revenue by segment

Evolv · $18.6M total across 3 segments · Q1 2023

  • Product Revenue
    $8.75M
  • Subscription Revenue
    $6.47M
  • Service Revenue
    $3.36M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.9%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+7.1%

Avg return

30 days after

59%

13 / 22 earnings

Positive

+29.2%

Q3 2022

Best reaction

-45.0%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%-17.6%
Q4 2025+9.7%-1.1%+13.5%
Q3 2025-8.7%-10.0%+6.5%
Q1 2025+7.8%+3.1%+3.4%
Q3 2024-0.9%-5.4%+22.3%
Q4 2024-1.4%+4.3%+31.3%
Q2 2024-1.7%+4.1%+23.2%
Q1 2024-38.9%-26.9%-36.3%
Q4 2023-13.7%-18.0%-3.3%
Q3 2023-11.8%+0.8%+13.8%
Q2 2023+26.4%+28.4%+12.6%
Q1 2023+25.2%+28.6%+50.4%
Q4 2022+10.2%+4.7%+13.5%
Q3 2022+29.2%+29.2%+31.4%
Q2 2022+14.5%+18.8%-16.7%
Q1 2022+12.8%+20.9%+57.2%
Q4 2021-45.0%-42.1%-18.4%
Q3 2021+17.5%+9.8%-23.3%
Q2 2021-13.1%-5.8%-33.9%
Q1 2021+0.1%+0.3%+0.1%
Q4 2020+0.2%-0.4%-0.8%
Q3 2020+0.4%+0.7%+2.6%
Q2 2020

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