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Evolv Technologies Holdings Inc's Business Segments
Evolv Technologies Holdings Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2026
Reportable Segments
1
Largest Segment
Reportable
Total Revenue
$ 46
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2026
- Reportable100%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Reportable | $ 46 | 100% |
Revenue by Product & Service Category - Q1 FY2026
- Subscription and Circulation50%
- Product29%
- SaaS, Maintenance and Other18.5%
- Service18.5%
- License Fee And Other Revenue2.5%
- Professional services and other revenue2.2%
- License Fee0.4%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Subscription and Circulation | $ 23 | 50% |
| Product | $ 13 | 29% |
| SaaS, Maintenance and Other | $ 9 | 18.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Evolv Technologies Holdings Inc
Evolv Technologies Holdings Inc is an innovative technology company based in the United States. The company primarily specializes in developing and manufacturing advanced security screening systems. Evolv's cutting-edge products are designed to enhance safety and security for various sectors such as transportation, critical infrastructure, public venues, and more.
One of the flagship solutions offered by Evolv is its AI-powered security screening platform, which utilizes artificial intelligence and machine learning algorithms to quickly and accurately screen individuals for potential threats. This platform is known for its high throughput and non-intrusiveness, providing a seamless and efficient screening experience for users while maintaining a high level of security.
The key differentiator of Evolv's technology is its ability to detect various types of concealed threats, including metallic and non-metallic items, without the need for physical pat-downs or the removal of personal belongings. This allows for a more convenient and frictionless screening process, significantly reducing waiting times and minimizing disruptions for both individuals and organizations.
Moreover, Evolv's security screening systems are designed to be highly adaptable and scalable, capable of integrating with existing security infrastructure and easily adjustable to meet specific needs. The company's solutions also incorporate advanced analytics and data collection capabilities, enabling organizations to optimize their security operations through real-time insights and actionable intelligence.
Evolv Technologies Holdings Inc has successfully implemented its technology in a wide range of venues, including airports, stadiums, cultural institutions, transportation hubs, and corporate offices. The company has partnered with major organizations and government agencies around the world to enhance security measures and ensure the safety of millions of people.
In addition to its security screening systems, Evolv is also actively engaged in developing other applications and solutions that leverage its proprietary technology. The company is continuously engaged in research and development to enhance its products' capabilities, improve user experience, and stay ahead of emerging security threats.
Overall, Evolv Technologies Holdings Inc is a leading player in the security technology space, delivering advanced screening solutions that prioritize user experience, efficiency, and effectiveness. Through its innovative and scalable technology, the company is helping organizations worldwide to enhance safety, streamline security operations, and protect against evolving threats.
One of the flagship solutions offered by Evolv is its AI-powered security screening platform, which utilizes artificial intelligence and machine learning algorithms to quickly and accurately screen individuals for potential threats. This platform is known for its high throughput and non-intrusiveness, providing a seamless and efficient screening experience for users while maintaining a high level of security.
The key differentiator of Evolv's technology is its ability to detect various types of concealed threats, including metallic and non-metallic items, without the need for physical pat-downs or the removal of personal belongings. This allows for a more convenient and frictionless screening process, significantly reducing waiting times and minimizing disruptions for both individuals and organizations.
Moreover, Evolv's security screening systems are designed to be highly adaptable and scalable, capable of integrating with existing security infrastructure and easily adjustable to meet specific needs. The company's solutions also incorporate advanced analytics and data collection capabilities, enabling organizations to optimize their security operations through real-time insights and actionable intelligence.
Evolv Technologies Holdings Inc has successfully implemented its technology in a wide range of venues, including airports, stadiums, cultural institutions, transportation hubs, and corporate offices. The company has partnered with major organizations and government agencies around the world to enhance security measures and ensure the safety of millions of people.
In addition to its security screening systems, Evolv is also actively engaged in developing other applications and solutions that leverage its proprietary technology. The company is continuously engaged in research and development to enhance its products' capabilities, improve user experience, and stay ahead of emerging security threats.
Overall, Evolv Technologies Holdings Inc is a leading player in the security technology space, delivering advanced screening solutions that prioritize user experience, efficiency, and effectiveness. Through its innovative and scalable technology, the company is helping organizations worldwide to enhance safety, streamline security operations, and protect against evolving threats.
Evolv Technologies Holdings Inc. specializes in advanced technologies focused on enhancing security and safety, particularly through contactless security screening solutions. Here’s an extensive overview of the segments, products, and services offered by the company:
Segments
1. Security Screening Solutions:
Evolv Technologies operates primarily within the security screening segment, catering to various industries such as airports, stadiums, corporate offices, schools, and public venues. The companys approach aims to provide a seamless experience while maintaining high-security standards.
2. Data Analytics and Insights:
Alongside hardware solutions, Evolv Technologies invests in data analytics. This segment focuses on gathering and interpreting data from security screenings to improve the performance and efficiency of their systems.
3. Health & Safety:
Evolving from traditional security paradigms, the company also invests in solutions that enhance health and safety protocols. This became particularly paramount during the COVID-19 pandemic, where health screening became integrated into security processes.
Products
1. Evolv Express:
- Description: An advanced security screening system designed for high-traffic venues. Evolv Express utilizes sensor technology and artificial intelligence to screen individuals for weapons and other prohibited items without the need for stopping.
- Features:
- Contactless detection
- High throughput, allowing large crowds to pass through quickly
- AI-driven analytics to improve detection rates and minimize false alarms
- Capability to integrate with existing security systems
2. Evolv Insights:
- Description: A data analytics platform that provides organizations with actionable insights from screening data.
- Features:
- Real-time dashboard for monitoring venue traffic
- Historical data trends for security performance
- User-friendly interface for easy navigation and analysis
- Reporting tools to evaluate the effectiveness of security measures
3. Health Screening Solutions:
- Description: Systems that integrate health screening protocols alongside traditional security checks, such as temperature checks and compliance with health mandates.
- Features:
- Contactless temperature measurement
- Integration with health screening apps
- Capable of providing alerts if health regulations are not met
Services
1. Installation and Integration Services:
- Evolv Technologies provides comprehensive installation services for their equipment, ensuring that systems are set up correctly and integrated seamlessly with existing infrastructure.
2. Training and Support:
- The company offers training for security personnel and users to ensure optimal utilization of their systems. This includes operational training and ongoing technical support.
3. Maintenance and Upgrades:
- Evolv Technologies provides ongoing maintenance services, including regular system checks, updates, and upgrades to keep the technology current and effective against emerging threats.
4. Consultation Services:
- The company offers consultation services to help organizations design and implement tailored security solutions that meet their specific needs, taking into consideration factors such as venue type, visitor volume, and specific security requirements.
5. Customization and Scalability Solutions:
- Recognizing diverse operational needs across different sectors, Evolv Technologies provides customizable solutions that can be tailored to the unique demands of a venue, enabling scalability as the user’s needs change.
Key Innovations and Technologies
- AI and Machine Learning: Evolv Technologies integrates machine learning algorithms that continuously improve the accuracy and efficiency of their screening processes based on real-time data.
- Sensor Technology: The use of advanced sensors allows for nuanced detection capabilities that exceed traditional metal detectors.
- Mobile Integration: Many solutions are designed to work seamlessly with mobile technologies, enabling notifications and alerts through user-facing applications.
Conclusion
Evolv Technologies Holdings Inc. is committed to blending security with convenience, ensuring their products and services not only enhance safety but also improve the user experience in dynamic environments. Their focus on innovation and adaptability defines their approach in the evolving landscape of security technology.
Segments
1. Security Screening Solutions:
Evolv Technologies operates primarily within the security screening segment, catering to various industries such as airports, stadiums, corporate offices, schools, and public venues. The companys approach aims to provide a seamless experience while maintaining high-security standards.
2. Data Analytics and Insights:
Alongside hardware solutions, Evolv Technologies invests in data analytics. This segment focuses on gathering and interpreting data from security screenings to improve the performance and efficiency of their systems.
3. Health & Safety:
Evolving from traditional security paradigms, the company also invests in solutions that enhance health and safety protocols. This became particularly paramount during the COVID-19 pandemic, where health screening became integrated into security processes.
Products
1. Evolv Express:
- Description: An advanced security screening system designed for high-traffic venues. Evolv Express utilizes sensor technology and artificial intelligence to screen individuals for weapons and other prohibited items without the need for stopping.
- Features:
- Contactless detection
- High throughput, allowing large crowds to pass through quickly
- AI-driven analytics to improve detection rates and minimize false alarms
- Capability to integrate with existing security systems
2. Evolv Insights:
- Description: A data analytics platform that provides organizations with actionable insights from screening data.
- Features:
- Real-time dashboard for monitoring venue traffic
- Historical data trends for security performance
- User-friendly interface for easy navigation and analysis
- Reporting tools to evaluate the effectiveness of security measures
3. Health Screening Solutions:
- Description: Systems that integrate health screening protocols alongside traditional security checks, such as temperature checks and compliance with health mandates.
- Features:
- Contactless temperature measurement
- Integration with health screening apps
- Capable of providing alerts if health regulations are not met
Services
1. Installation and Integration Services:
- Evolv Technologies provides comprehensive installation services for their equipment, ensuring that systems are set up correctly and integrated seamlessly with existing infrastructure.
2. Training and Support:
- The company offers training for security personnel and users to ensure optimal utilization of their systems. This includes operational training and ongoing technical support.
3. Maintenance and Upgrades:
- Evolv Technologies provides ongoing maintenance services, including regular system checks, updates, and upgrades to keep the technology current and effective against emerging threats.
4. Consultation Services:
- The company offers consultation services to help organizations design and implement tailored security solutions that meet their specific needs, taking into consideration factors such as venue type, visitor volume, and specific security requirements.
5. Customization and Scalability Solutions:
- Recognizing diverse operational needs across different sectors, Evolv Technologies provides customizable solutions that can be tailored to the unique demands of a venue, enabling scalability as the user’s needs change.
Key Innovations and Technologies
- AI and Machine Learning: Evolv Technologies integrates machine learning algorithms that continuously improve the accuracy and efficiency of their screening processes based on real-time data.
- Sensor Technology: The use of advanced sensors allows for nuanced detection capabilities that exceed traditional metal detectors.
- Mobile Integration: Many solutions are designed to work seamlessly with mobile technologies, enabling notifications and alerts through user-facing applications.
Conclusion
Evolv Technologies Holdings Inc. is committed to blending security with convenience, ensuring their products and services not only enhance safety but also improve the user experience in dynamic environments. Their focus on innovation and adaptability defines their approach in the evolving landscape of security technology.