Jan. 5 at 7:30 AM
$EVLV Financial Performance: Evolv Technology reported strong Q3 2025 results, with revenue of
$42.9 million, a 57% increase year-over-year, beating analyst forecasts. The company also raised its full-year 2025 revenue outlook to between
$142 million and
$145 million.
Expansion & Partnerships: The company expanded its presence in the sports and entertainment sector, including a new deployment of its Evolv Express® system at Pechanga Arena San Diego. Evolv also selected Plexus as a new strategic contract manufacturing partner to help scale manufacturing and meet global demand.
Product Milestones: Evolv announced that its AI-based bag screening solution, Evolv eXpedite™, has screened over one million bags since its launch. The company continues to see strong expansion from existing customers for both its Express and Expedite products.