Evolv Technologies Tops Q2 Estimates
Evolv Technologies (NASDAQ:EVLV), a company specializing in artificial intelligence (AI)-powered security screening systems, reported its second-quarter 2025 earnings on August 14, 2025. The headline news: revenue (GAAP) climbed to $32.5 million, up 29% from a year earlier (GAAP) and ahead of the $30.9 million GAAP Wall Street estimate. Adjusted EBITDA was $2.0 million, compared to last year’s $8.0 million adjusted EBITDA loss. However, the company missed expectations for net earnings (GAAP), posting a GAAP loss of $0.25 per share (much larger than the $(0.05) anticipated (GAAP)). Management raised full-year 2025 guidance, projecting revenue of $132 million–$135 million (27%–30% growth) and a positive full-year Adjusted EBITDA margin in the mid-single digits, reflecting upbeat momentum from subscription growth and expanding customer adoption across core markets. Overall, the quarter marked significant operational improvement and market expansion, but profitability under generally accepted accounting principles (GAAP) remains a challenge.
Source: Evolv Technologies. Note: Analyst estimates provided by FactSet.
Evolv Technologies develops AI-powered weapons detection systems used in security screening at public venues, schools, hospitals, and entertainment sites. The company’s systems combine advanced sensors and proprietary software to spot firearms and explosives while minimizing false alarms, aiming to improve both security and visitor experience. Its flagship product family includes Evolv Express, an AI-powered security scanner, and the recently launched Evolv eXpedite, an autonomous bag screening solution introduced in September 2024.
Source Fool.com
