Evolv Technology — Third Quarter 2026 Earnings Summary

Evolv Technology reported third-quarter 2026 revenue of $47.3 million, representing a 10% year-over-year increase, while Annual Recurring Revenue (ARR) grew 20% to $140.5 million. The company posted a net loss of $15.6 million for the quarter but achieved an Adjusted EBITDA of $4.7 million, resulting in an Adjusted EBITDA margin of 10.0%. For the nine months ended September 30, 2026, total revenue reached $137.4 million, a 28% increase compared to the prior year period. Evolv Technology forecasts full-year 2026 revenue between $182 million and $185 million, with ending ARR expected to reach approximately $148 million to $150 million by year-end.