Evolv Technologies posted mixed Q3 2026 results with revenue growth and positive free cash flow offset by a widened net loss of $(15,564) thousand and increased operating costs.
Q3 2026 revenue rose to $47,345 thousand from $42,850 thousand and the company nudged full-year revenue guidance to $182-$185 million while lifting Adjusted EBITDA guidance to $15.5-$16.5 million from $15-$16 million. However, the quarterly net loss widened to $(15,564) thousand from $(1,796) thousand on sharply higher operating expenses. The modest guidance raise and first positive free cash flow offset the wider loss, leaving the overall picture mixed.
Evolv Technologies reported Q3 2026 revenue of $47,345 thousand, up from $42,850 thousand in the prior year. While the company achieved its first positive quarterly free cash flow of $3,247 thousand, net losses widened to $(15,564) thousand due to rising operating expenses. Management raised its full-year 2026 Adjusted EBITDA guidance to $15.5-$16.5 million.
Yes, slightly. Full-year revenue guidance was tightened to $182-$185 million (from $180-$185 million) and Adjusted EBITDA guidance was raised to $15.5-$16.5 million (from $15-$16 million), with the ending ARR target of $148-$150 million unchanged.
No. It reported a net loss of $(15,564) thousand for the third quarter of 2026, wider than $(1,796) thousand a year ago, though quarterly free cash flow turned positive at $3,247 thousand.