Mission Statement, Vision, & Core Values of Evolv Technologies Holdings, Inc. (EVLV)

When a company like Evolv Technologies Holdings, Inc. (EVLV) raises its full-year 2025 revenue guidance to between $142 million and $145 million-a projected growth of up to 40%-you have to ask: what is the bedrock supporting that kind of acceleration in the security technology sector? It's not just the AI-powered screening systems; it's the foundational belief system-the Mission Statement, Vision, and Core Values-that drives every dollar of that $117.2 million in Annual Recurring Revenue (ARR) as of Q3 2025.

Are your own organization's guiding principles as clear and as directly tied to your operational success? We're going to dissect how Evolv Technologies Holdings, Inc.'s mission to make the world safer and more enjoyable for people to live, work, learn, and play translates into real-world market traction and positive Adjusted EBITDA of $5.1 million in the third quarter of 2025. Understanding this alignment is defintely the key to mapping their near-term risks and opportunities.

Evolv Technologies Holdings, Inc. (EVLV) Overview

You're looking for a clear, no-nonsense assessment of Evolv Technologies Holdings, Inc. (EVLV), and the takeaway is simple: the company is executing a high-growth model in a critical market, translating its AI-powered security technology into substantial recurring revenue. They're moving fast, and the recent financial data confirms their trajectory.

Evolv Technologies was established in 2013 in Waltham, Massachusetts, with a mission to transform human security by pioneering technology built for a world in motion. The company focuses on using artificial intelligence (AI) and advanced sensors to detect concealed weapons without interrupting the flow of people, a significant improvement over traditional metal detectors. They went public in 2021 via a business combination with NewHold Investment Corp.

Their core offering is the Evolv Express system, a touchless security screening solution that uses AI to distinguish threats from harmless personal items like phones and keys. This enables a throughput of approximately 4,000 people per hour. They also offer Evolv Insights, a cloud analytics platform, and Evolv eXpedite, an autonomous AI-powered bag screening solution. The business model is primarily Security-as-a-Service (SaaS), which builds a strong base of recurring revenue.

Here's the quick math on their near-term sales: management has raised the full-year 2025 revenue guidance to a range of $142 million to $145 million. This represents a projected year-over-year growth of 37% to 40% for 2025.

Breaking Down the Q3 2025 Financial Performance

The third quarter of 2025 (Q3 2025) results, reported in November 2025, show a company hitting its stride, particularly in converting new customer demand into revenue. Total revenue for Q3 2025 was $42.9 million, marking a significant 57% increase compared to the same quarter in 2024. For the first nine months of 2025, total revenue reached $107.4 million, up 44% from the prior year period.

What's driving that revenue is a mix of new accounts and deeper penetration with existing customers. A key highlight was a single, record-breaking customer order that contributed approximately $3.0 million in product revenue during the quarter. This is a defintely a strong indicator of market validation for their AI-based screening solutions.

The shift to a subscription-based model is paying off, too. The company's Annual Recurring Revenue (ARR) reached $117.2 million at the end of Q3 2025, an increase of 25% year-over-year. This sticky revenue base is crucial for long-term stability. The company is also tightening its operations, achieving a positive Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $5.1 million in Q3 2025, a 12% margin. They expect to be cash flow positive in the fourth quarter of 2025.

• Q3 2025 Revenue: $42.9 million.
• Annual Recurring Revenue (ARR): $117.2 million.
• New Customers in Q3: Over 60.
• Full-Year 2025 Revenue Guidance: $142 million to $145 million.

Evolv Technologies: A Leader in AI-Powered Security

Evolv Technologies Holdings, Inc. is not just participating in the security market; it's leading the charge in the AI-powered weapons detection space. Their technology has already screened over 3 billion people since 2019, covering a diverse customer base of over 1,000 customers across schools, hospitals, sports stadiums, and entertainment venues.

The sheer scale of deployment-screening millions of visitors daily-positions them as a dominant force in modern security screening. They've earned a U.S. Department of Homeland Security (DHS) SAFETY Act Designation, which speaks directly to the proven anti-terrorism technology they deploy. The continued, rapid expansion of their active subscriptions, projected to be between 8,000 and 8,100 by the end of 2025, confirms their market leadership and adoption rate.

If you want to understand the nuts and bolts of how this growth translates into a sound investment thesis, you should look deeper into their financial structure. To find out exactly how the company is managing its balance sheet and cash flow, you can read Breaking Down Evolv Technologies Holdings, Inc. (EVLV) Financial Health: Key Insights for Investors.

Evolv Technologies Holdings, Inc. (EVLV) Mission Statement

You're looking for the bedrock of Evolv Technologies Holdings, Inc.'s (EVLV) strategy-their mission statement-because a company's purpose dictates its capital allocation and long-term viability. The mission is clear and drives their commercial success: Evolv's mission is to transform security to create a safer world to live, work, learn, and play. This isn't just a feel-good slogan; it's a direct mandate for their AI-based weapons detection platform, Evolv Express®.

In a security-as-a-service (SaaS) model, a mission like this is defintely a growth engine. It's why their total revenue for the nine months ended September 30, 2025, hit $107.4 million, a 44% increase over the same period in the prior year. The mission helps them map near-term risks, like the need for seamless, high-throughput screening, to clear product development opportunities.

Component 1: Transform Security

The first core component, 'Transform Security,' is about moving away from the slow, intrusive security checks of the past. Evolv is pioneering human security by using artificial intelligence (AI)-powered screening and analytics to replace traditional metal detectors. They've essentially digitized the gateway to public spaces.

This transformation is quantifiable in their Annual Recurring Revenue (ARR), which is a key metric for any subscription-based model. As of the end of the third quarter of 2025, their ending ARR was $117.2 million, a 25% jump year-over-year. That growth shows customers are buying into the transformation, not just a product. It's a shift from a transaction to a long-term partnership.

Here's the quick math on impact: Evolv's systems have screened more than 3 billion people since 2019. That volume requires a technology built for speed and accuracy, which is the heart of their transformation goal.

• Screening millions of visitors daily across 1,000+ customers.
• Using AI to detect weapons without disrupting flow.
• Focusing on a better, faster, and safer experience.

Component 2: Create a Safer World

The 'Create a Safer World' component is the ultimate 'what' and speaks to the company's core value of security and integrity. This is where the rubber meets the road on product quality and customer trust, especially in sensitive environments like K-12 schools and hospitals. To be fair, any security tech faces scrutiny, but Evolv's commitment is backed by tangible validation.

The U.S. Department of Homeland Security (DHS) awarded Evolv Express® the SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT), which is a strong signal of quality and effectiveness. Plus, when a limited number of K-12 customers were eligible to cancel their contracts in March 2025, 92% elected to stay with Evolv. That's a powerful sign of customer satisfaction and trust in the system's ability to deliver on the 'safer world' promise.

The latest 2025 revenue outlook reflects this demand, with the company raising its full-year guidance to between $142 million and $145 million, an anticipated growth of 37% to 40%. Strong product performance drives that kind of financial confidence. You can read more about the market's perspective on this in Exploring Evolv Technologies Holdings, Inc. (EVLV) Investor Profile: Who's Buying and Why?

Component 3: Live, Work, Learn, and Play

The final component, 'to live, work, learn, and play,' defines the broad scope of Evolv's target market, which is essentially any place where people gather. This expansive view is what gives the company its large addressable market and justifies the high-growth valuation.

They are not just selling to stadiums and iconic venues; they are actively expanding into education, healthcare, and critical infrastructure. For example, Spartanburg District Five Schools expanded its partnership with Evolv in October 2025, adding Evolv eXpedite™ systems to streamline entry. This shows a clear execution against the mission's scope.

What this estimate hides is the continued need for investment in research and development (R&D) to stay ahead of evolving threats. Still, the company is managing its path to profitability; they reported positive Adjusted EBITDA of $5.1 million in Q3 2025, which is a significant operational milestone. This operational efficiency suggests they can fund their broad market expansion while improving their bottom line.

Evolv Technologies Holdings, Inc. (EVLV) Vision Statement

Evolv Technologies Holdings, Inc.'s (EVLV) vision is deeply embedded in its mission: to transform security and create a safer world to live, work, learn, and play. The company's strategic focus is on replacing traditional, intrusive security checkpoints with advanced, AI-powered screening solutions, a move that directly supports their goal of delivering a better, faster, and safer experience for people in high-traffic venues. This vision is backed by significant financial momentum, with the company raising its full-year 2025 revenue guidance to between $142 million and $145 million.

You need to see how the mission translates into market action, because a vision is just words until it drives the numbers. Here's the quick math: the raised revenue forecast represents a growth of 37% to 40% over 2024, showing strong market adoption for their AI-based approach. The core of the strategy is to make security nearly invisible, so people can move freely and safely.

The AI-Powered Core: Precision and Scale

The foundation of Evolv Technologies Holdings' vision is their commitment to AI-powered security solutions, which they use to help organizations detect potential threats and mitigate risk. This isn't just about a better metal detector; it's about a non-invasive security screening system that has already scanned more than 3 billion people since 2019. That's real-world scale.

The company's financial performance in the third quarter of 2025 reflects this technological traction, with total revenue hitting $42.9 million, a 57% year-over-year increase. The shift from a legacy distribution model to direct fulfillment is a near-term risk to gross margins, which were 51% in Q3, but it's a necessary action to control the customer experience and long-term profitability. The strategic goal is to build a high-growth, profitable, and cash-generative business, and they are on track, reporting their fourth consecutive quarter of positive adjusted EBITDA, with margins of 12% in Q3.

• Focus on AI-driven threat detection.
• Scale capacity with new strategic manufacturing partners.
• Drive Annual Recurring Revenue (ARR) growth, which stood at $117.2 million as of September 30, 2025.

Creating a Safer World to Live & Work

The 'Live' and 'Work' components of the vision target general public spaces, hospitals, and corporate campuses, where the need for unobtrusive yet effective security is paramount. The goal is to transform human security, making the screening experience faster and better. For a financial analyst, the key opportunity here is the expanding total addressable market (TAM), which is fueled by heightened public safety concerns in high-density environments.

The company's Annual Recurring Revenue (ARR) of $117.2 million, growing 25% year-over-year as of Q3 2025, shows that customers are buying into the subscription model for their hardware and software solutions. This recurring revenue stream is defintely the most important metric for long-term valuation, as it provides predictability and a clear path to future cash flow. The company expects to deliver positive full-year adjusted EBITDA with high single-digit margins, a clear sign of operational leverage starting to take hold.

Transforming Safety for Where We Learn & Play

The 'Learn' and 'Play' aspects of the vision focus on schools, universities, and iconic entertainment venues. This is where Evolv Technologies Holdings' technology, like the Evolv Express® system, has gained significant traction, earning the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT). This designation is a powerful sales tool, especially for public sector contracts like school districts.

A concrete example is the Evolv eXpedite™ AI-based bag screening solution, which recently surpassed the milestone of one million bags screened in real-world deployments, notably in schools. This adoption, often through large multi-year contracts with public school systems, is a major driver of the company's growth narrative. The market is clearly willing to pay a premium for a solution that enhances safety while maintaining a welcoming environment. You can explore the investor profile and the institutional confidence in this growth trajectory here: Exploring Evolv Technologies Holdings, Inc. (EVLV) Investor Profile: Who's Buying and Why?

Evolv Technologies Holdings, Inc. (EVLV) Core Values

You're looking for the bedrock of Evolv Technologies Holdings, Inc. (EVLV), the principles that translate their security technology into real-world financial performance. The company's core values are not just posters on a wall; they are the operational drivers behind their projected $142 million to $145 million in total revenue for the 2025 fiscal year, a growth rate of up to 40% over 2024.

The mission is clear: to transform security to create a safer world to live, work, learn, and play. This ambition is executed through a set of foundational values-Safety & Customer Experience, Innovation & Technology, and Integrity & Accountability-that guide every decision, from product development to financial forecasting. For a deeper dive into the company's financial structure, you can check out Evolv Technologies Holdings, Inc. (EVLV): History, Ownership, Mission, How It Works & Makes Money.

Safety & Customer Experience

This value is the heart of Evolv Technologies' existence, moving beyond simple threat detection to focus on what they call 'dignified security.' It's about ensuring a seamless and respectful security experience. If the process is too slow or intrusive, people will avoid it, which defeats the entire purpose of safety technology.

The company proves this commitment with massive scale and operational efficiency. Since 2019, Evolv's advanced systems have screened more than 3 billion people, with the system now screening over three million visitors each day across its customer base. This scale is why their solutions are trusted by over 1,000 customers globally, from K-12 schools to world-class venues. They are making public spaces safer, one entry point at a time. The goal is peace of mind, not fear.

• Screening 3+ billion people since 2019.
• Serving over 1,000 customers worldwide.
• Focus on a non-invasive, fast-moving security experience.

Innovation & Technology

Evolv is defintely committed to constant innovation, which is necessary in the rapidly evolving security landscape. They pioneer security technology built for a world in motion, leveraging industry-leading artificial intelligence (AI) and advanced sensor technology.

The financial results for 2025 clearly map to this value. The success of their subscription-based security-as-a-service model is reflected in the Annual Recurring Revenue (ARR), which hit $117.2 million at the end of the third quarter of 2025, a 25% increase year-over-year. This growth underscores the market's reliance on their flagship products, like the Evolv Express system and the Evolv Insights analytics platform, which provide data-driven security intelligence.

Integrity & Accountability

You can't build trust in security without integrity. Evolv Technologies is driven by integrity, trust, and transparency, and is committed to the highest ethical standards. This means leading with courage, owning their actions, and doing what they say they will do.

This commitment to accountability extends directly to their financial health. Through a strategic focus on operational efficiency, the company expects to deliver positive full year Adjusted EBITDA in 2025, with margins projected to be in the high single digits. This is a concrete demonstration of their commitment to stakeholders, proving they can deliver on their mission while also building a high-growth, profitable business. They also enforce a strict Partner Code of Conduct, ensuring their entire ecosystem adheres to the same high standards of social responsibility and fair business practices.