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Stock impact report

Evolv projects 20% ARR growth for 2026 as direct model and new products drive outlook [Seeking Alpha]

Evolv Technologies Holdings, Inc. - Class A (EVLV) 
Last evolv technologies holdings, inc. - class a earnings: 3/27 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.evine.com
Company Research Source: Seeking Alpha
John Kedzierski, President and CEO, highlighted "meaningful progress toward greater consistency and stability across the organization" and reported Q3 revenue of $42.9 million, a 57% year-over-year increase, fueled by strong new customer acquisition and expanded deployments. Kedzierski Quick Insights The shift allows Evolv to capture 100% of revenue per unit, increasing reported revenues, but near-term gross margins are pressured due to cost headwinds and subscale manufacturing, with improvement expected in 2026. Raised guidance is fueled by strong new customer wins, expanded deployments, onetime large contracts, ongoing transition to purchase over subscription sales, and an increased focus on recurring ARR and new product growth. Risks include reliance on onetime revenue from large deals, ongoing gross margin pressure from direct purchase fulfillment, volatility from ending legacy distribution model, and phase-out of nonrecurring revenue streams. More Trending News Show less Read more
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