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Evolv Technologies Holdings Inc (EVLV) delivers AI-powered security screening solutions for high-traffic venues through advanced sensor technology and machine learning. This news hub provides investors and industry professionals with essential updates on EVLV's financial developments, product innovations, and market leadership in touchless threat detection.
Access real-time announcements including quarterly results, system deployments, and technology partnerships. Our curated collection features press releases on patent approvals, security analytics advancements, and enterprise customer acquisitions across education, entertainment, and critical infrastructure sectors.
Stay informed about EVLV's subscription-based security-as-a-service model and its expansion in AI-driven physical security solutions. All content is verified for accuracy and relevance to support informed decision-making about this innovative security technology provider.
Bookmark this page for ongoing updates on Evolv's progress in redefining modern security protocols through continuous R&D investments and strategic industry collaborations.
Evolv Technology (NASDAQ: EVLV) reported third-quarter 2025 results and raised its 2025 revenue outlook. Q3'25 revenue was $42.9M, up 57% year-over-year, and ending ARR was $117.2M, up 25% year-over-year. The company reported a Q3'25 net loss of $1.8M and Adjusted EBITDA of $5.1M (12% margin). Cash and marketable securities totaled $56.2M at September 30, 2025. For 2025 the company now expects $142–$145M revenue (37%–40% growth), positive full-year Adjusted EBITDA with high-single-digit margins, and to be cash-flow positive in Q4 2025.
Q3 revenue included approximately $7.5M of non-recurring items, including a $3.0M largest-customer product order, $3.0M of IP/distribution fees, and $1.5M of concluded short-term rentals.
Evolv Technologies (NASDAQ: EVLV) announced that its AI-based bag screener Evolv eXpedite has screened over 1,000,000 bags since launching last year. The autonomous system uses AI and X-ray imaging to flag potential threats without manual image interpretation and integrates with Evolv Express for a single, cloud-connected checkpoint experience.
Early deployments show an approximately 2% alert rate in education settings. Spartanburg District Five Schools deployed four eXpedite units and 29 Express systems across 14 schools as a cited example of real-world adoption.
Evolv Technology (NASDAQ: EVLV) announced a strategic contract manufacturing partnership with Plexus (NASDAQ: PLXS) to scale production and global supply-chain capabilities for Evolv's AI-based security screening products.
Key benefits cited include increased manufacturing capacity, a scalable international production platform, cost-saving procurement efficiencies, sustaining services to access new markets, and improved resiliency via geographic redundancy and 24/7 support. Plexus is described as operating 26 facilities with a global team of over 20,000. Evolv says it maintains ample inventory and committed production capacity while onboarding Plexus.
Evolv Technologies (NASDAQ: EVLV) said its management team will attend three investor events in Nov–Dec 2025: the Craig-Hallum Alpha Select Conference on November 18, 2025 in New York City, the UBS Global Technology Conference on December 2, 2025 in Scottsdale, AZ, and the Northland Growth Conference on December 16, 2025 (virtual).
Management will be available to meet with investors at these conferences; interested investors should contact their representatives at the host firms to schedule meetings.
Evolv Technology (NASDAQ: EVLV) announced that Spartanburg District Five Schools (South Carolina) has expanded its district-wide deployment of Evolv safety solutions. The district first launched Evolv Express in 2022 and added Evolv eXpedite in 2025. Deployments now total 29 Evolv Express systems and 4 eXpedite units across all 14 schools, covering elementary, middle, and high school campuses.
The systems use advanced sensors and AI for concealed-threat detection while supporting high-throughput, non-disruptive entry and bag screening during peak arrival times and events.
Evolv Technology (NASDAQ: EVLV) will release its third quarter 2025 financial results on Thursday, November 13, 2025 after market close. Management will host a live webcast and conference call at 4:30 p.m. Eastern Time the same day to discuss results and the company outlook.
Investors can access the live webcast at http://ir.evolvtechnology.com. The event will cover reported results and management commentary on near-term business expectations.
Evolv Technology (NASDAQ: EVLV), a leading security technology company, has announced significant software updates to its security screening solutions Evolv Express® and Evolv eXpedite™. The company, which serves over 1,000 customers worldwide with more than 7,000 Express systems, has introduced several key features including integrated tablet management, enhanced detection capabilities, and expanded alert categorization.
The updates include Express 9.0, eXpedite 1.2, and MyEvolv Portal & Evolv Insights 6.0, featuring a unified tablet interface, improved firearm detection settings, expanded alert tags (now 39 options), customizable sensitivity tuning, and real-time service monitoring. These enhancements aim to improve security operations efficiency and threat detection capabilities across Evolv's AI-driven security screening platform, which has already screened over three billion people globally.
Evolv Technologies (NASDAQ: EVLV) has secured a multi-year subscription agreement with the Buffalo Sabres to implement Evolv Express® at KeyBank Center. The arena has installed nine Evolv Express Gen2 systems at all fan entrances as part of its 2025/2026 season infrastructure upgrades.
The AI-powered security screening system allows fans to walk through checkpoints at a natural pace while detecting concealed threats. Evolv has been named the team's "Official Fan Screening Partner", marking their thirteenth professional hockey customer. The partnership includes collaborative promotional content and fan awareness initiatives.
Evolv Technologies (NASDAQ: EVLV) has renewed and expanded its partnership with Gillette Stadium, home of the New England Patriots and New England Revolution. The extended agreement includes an increase in Evolv Express security screening systems at stadium entry points and designates Evolv as the "Official Fan Screening Provider" for both teams and the stadium.
Since the initial 2021 partnership, over 7 million guests have been screened at Gillette Stadium using Evolv Express technology. The AI-based system is designed to detect concealed weapons while allowing natural-paced foot traffic. Evolv's presence extends beyond Gillette Stadium, with installations at 13 professional football teams and 12 professional soccer teams in the US, among its 1,000+ customer base.
Evolv Technology (NASDAQ: EVLV) reported strong Q2 2025 financial results, with revenue reaching $32.5 million, up 29% year-over-year. The company's Annual Recurring Revenue (ARR) grew 27% to $110.5 million. Despite posting a net loss of $(40.5) million, Evolv achieved positive Adjusted EBITDA of $2.0 million and improved operating cash flow to $2.1 million.
The AI-based security technology company surpassed 1,000 customers and has screened over 3 billion visitors to date. Based on strong performance, Evolv raised its 2025 revenue growth outlook to 27-30%, expecting total revenues between $132-135 million. The company projects positive full-year Adjusted EBITDA with mid-single-digit margins and anticipates becoming cash flow positive in Q4 2025.
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