Evolv Technologies Q2 Adjusted Loss Narrows, Revenue Up 2025 Outlook Raised

Evolv Technologies reported a narrowed Q2 adjusted loss and rising revenue. The company raised its 2025 outlook. Evolv Technologies develops AI-based weapons detection technology for safer venues and public spaces. Its flagship product, Evolv Express, detects firearms, explosives, and large knives in unstructured crowds, with a maximum screening throughput of 4,000 people per hour.

Evolv Technologies, a leading provider of AI-based weapons detection technology, reported its Q2 financial results, showcasing a narrowed adjusted loss and a rise in revenue. The company also raised its outlook for the year 2025. Evolv Technologies specializes in creating safer experiences for venues, companies, and public spaces through its advanced AI-based solutions.

The company reported an adjusted loss of $0.02 per share for the second quarter of 2025, down from the previous quarter, and a revenue of $32.5 million, representing a 27.3% year-over-year increase. This performance beat the consensus estimate by $1.55 million [1].

Evolv Technologies' flagship product, Evolv Express, is a touchless security screening system designed to detect firearms, explosives, and large knives in unstructured people flows. The system can screen up to 4,000 people per hour, making it a highly efficient solution for large venues and public spaces [3].

The company's 2025 outlook was revised upward, reflecting its confidence in the growth of its AI-based weapons detection technology. Evolv Technologies is poised to continue its expansion in the security technology market, driven by the increasing demand for advanced and reliable security solutions.

For investors, Evolv Technologies' Q2 results and the raised 2025 outlook indicate a strong performance and a promising future. The company's focus on AI-driven innovation and its ability to meet market demands position it as a key player in the security technology sector.

References:

[1] https://seekingalpha.com/news/4485666-evolv-technologies-reports-q2-results
[2] https://www.ainvest.com/news/scantech-ai-gen-ai-powered-sentinel-ct-system-paradigm-shift-security-screening-catalyst-market-disruption-2508/
[3] https://www.marketscreener.com/news/evolv-technologies-q2-revenue-up-29-beats-estimates-ce7c51d9df8bf723