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StocksMedium•20 April 2026•

1 min read

Evolv Technologies Raises 2026 Guidance Following Strong 40% Revenue Growth

3D metallic 'PVH' text with 'CALVIN KLEIN' and 'TOMMY HILFIGER' names. Upward trend line, 'EARNINGS BEAT', 'REVENUE: +14%', and '2026 GUIDANCE' on an orange background.

Key Facts

1Evolv achieved 40% revenue growth in 2025.

2The company raised 2026 revenue guidance to a range of $172–$178 million.

Evolv Technologies (EVLV) reported robust financial performance for 2025, achieving a significant 40% increase in revenue growth. Following this momentum, the company upwardly revised its 2026 revenue guidance to a range of $172–$178 million, signaling strong confidence in its hardware-enabled subscription model. While the transition to direct hardware fulfillment is creating temporary headwinds for near-term gross margins, the strategy is expected to increase total gross profit over the life of its contracts. The company continues to scale its operations, with its screening systems now processing over 4 million people daily, creating a substantial data moat. Analysts view the raised guidance and operational scaling as bullish indicators for the firm's long-term trajectory in the security technology sector. Despite short-term margin pressures, the overall outlook remains positive as the company optimizes its fulfillment processes.