Evolv Technologies Holdings Inc (EVLV) — Financial Flexibility Index

Latest as of June 2026: 0.11x

Evolv Technologies Holdings Inc (EVLV) has a Financial Flexibility Index of 0.11x as of June 2026. Free cash flow of $20.30 Million (operating CF $11.90 Million minus capex $8.39 Million) represents 0% of total liabilities ($183.16 Million). Check cash flow reinvestment rate of Evolv Technologies Holdings Inc to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

$20.30 Million
Operating CF − Capex

Total Liabilities

$183.16 Million
USD

Capital Expenditures

$8.39 Million
USD

Evolv Technologies Holdings Inc Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for Evolv Technologies Holdings Inc across 7 annual periods. For the full cash flow conversion analysis, see EVLV operating cash flow.

Annual Financial Flexibility Index for Evolv Technologies Holdings Inc (2019–2025)

Year-by-year free cash flow to debt coverage for Evolv Technologies Holdings Inc. Explore Evolv Technologies Holdings Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.27x $50.04 Million $18.67 Million $184.99 Million ▲ +529.7%
2024 0.04x $6.46 Million $-30.85 Million $150.41 Million ▼ -89.6%
2023 0.41x $62.87 Million $-9.80 Million $152.40 Million ▲ +198.8%
2022 -0.42x $-50.56 Million $-74.74 Million $121.13 Million ▲ +22.7%
2021 -0.54x $-39.20 Million $-56.78 Million $72.58 Million ▼ -244.0%
2020 -0.16x $-16.64 Million $-23.25 Million $106.04 Million ▲ +9.9%
2019 -0.17x $-14.45 Million $-15.18 Million $82.91 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities