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Evolv Technologies Holdings (Evolv Technologies Holdings) Research & Development : $25.27 Mil (TTM As of Mar. 2024)


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What is Evolv Technologies Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Evolv Technologies Holdings's Research & Development for the three months ended in Mar. 2024 was $6.21 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $25.27 Mil.

Evolv Technologies Holdings Research & Development Historical Data

The historical data trend for Evolv Technologies Holdings's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Evolv Technologies Holdings Research & Development Chart

Evolv Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
8.50 15.71 11.46 18.77 24.46

Evolv Technologies Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.39 6.40 6.41 6.26 6.21

Evolv Technologies Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.27 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Evolv Technologies Holdings  (NAS:EVLVW) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Evolv Technologies Holdings Research & Development Related Terms

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Evolv Technologies Holdings (Evolv Technologies Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Evolv Technologies Holdings Inc (NAS:EVLVW) » Definitions » Research & Development
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NSSC NL BAER CIX ICTSF MG GEO AGSS RSKIA KSCP OSTO:ASSA B TSE:9735 SZSE:002236 ALLE MSA ADT OSTO:SECU B BCO TSE:2331 SZSE:002268
Traded in Other Exchanges
EVLV:USA
Address
500 Totten Pond Road, 4th Floor, Waltham, MA, USA, 02451
Website
https://www.evolvtechnology.com
Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and advanced sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.