Evolv Technologies Holdings, Inc. (EVLV) Financial Ratio Screen

NASDAQ Industrials United States USD 1031M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Evolv Technologies Holdings, Inc. (EVLV) is potentially non-compliant in the automated ratio model. Evolv Technologies Holdings, Inc. operates in the Industrials sector.

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MSCI new-inclusion financial-ratio snapshot

EVLV financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
13.9%
Pass vs 30%
Cash ratio
22.7%
Pass vs 30%
Receivables + cash
38.1%
Fail vs 30%
Impermissible income
1.1%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Security & Protection Services) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally. It offers Evolv Express, that is designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows; Evolv eXpedite, an autonomous AI-based weapon detection system for bags being brought to venues by visitors in high clutter environments; and Evolv Insights Analytics Application which provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance and alarm statistics, and comparisons across multiple business dimensions. The company serves various industries comprising education, healthcare, professional sports, notable performing arts and entertainment venues, major tourist destinations and cultural attractions, government and corporate offices, hospitality facilities, distribution facilities, large industrial workplaces, and houses of worship. Evolv Technologies Holdings, Inc. was founded in 2013 and is headquartered in Waltham, Massachusetts.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 13.9%
/ 30%
22.7%
/ 30%
38.1%
/ 30%
1.05%
/ 5%
RATIOS FAIL*
FTSE 13.9%
/ 33%
22.7%
/ 33%
38.1%
/ 50%
1.05%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

EPS
$-0.20
P/B Ratio
8.4
EV/EBITDA
-114.5
EV: $1.0B
Revenue
$146M
Growth: 32.3%
Beta
1.9
High volatility
Current Ratio
1.2

Profitability

Gross Margin 51.6%
Operating Margin 22.3%
Net Margin -22.7%
Return on Equity (ROE) -28.0%
Return on Assets (ROA) -6.4%

Cash Flow & Balance Sheet

Operating Cash Flow$19M
Free Cash Flow-$18M
Total Debt$42M
Debt-to-Equity35.4
Current Ratio1.2
Total Assets$304M

Price & Trading

Last Close$5.96
50-Day MA$5.64
200-Day MA$6.71
Avg Volume3.0M
Beta1.9
52-Week Range
$2.64
$8.91

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Evolv Technologies Holdings, Inc. (EVLV)

CEO
Mr. John Kedzierski
Employees
286
Website
Sector
Industrials
Industry
Security & Protection Services
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 1031M
Currency
USD

Evolv Technologies Holdings, Inc. develops, manufactures, markets, and sells security screening products and specific services in the United States and internationally. It offers Evolv Express, that is designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows; Evolv eXpedite, an autonomous AI-based weapon detection system for bags being brought to venues by visitors in high clutter environments; and Evolv Insights Analytics Application which provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance and alarm statistics, and comparisons across multiple business dimensions. The company serves various industries comprising education, healthcare, professional sports, notable performing arts and entertainment venues, major tourist destinations and cultural attractions, government and corporate offices, hospitality facilities, distribution facilities, large industrial workplaces, and houses of worship. Evolv Technologies Holdings, Inc. was founded in 2013 and is headquartered in Waltham, Massachusetts.

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Frequently Asked Questions

Is Evolv Technologies Holdings, Inc. (EVLV) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Evolv Technologies Holdings, Inc.'s debt ratio?

Evolv Technologies Holdings, Inc.'s debt ratio is 13.9% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Evolv Technologies Holdings, Inc.'s key financial metrics?

Evolv Technologies Holdings, Inc. has a market capitalization of USD 1031M in its listing currency, and revenue of $146M. The company maintains a gross margin of 51.6% and a net margin of -22.7%. Return on equity stands at -28.0%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.