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Side-by-side financial comparison of Evolv Technologies Holdings, Inc. (EVLV) and STANDARD BIOTOOLS INC. (LAB). Click either name above to swap in a different company.

Evolv Technologies Holdings, Inc. is the larger business by last-quarter revenue ($38.5M vs $19.6M, roughly 2.0× STANDARD BIOTOOLS INC.). Evolv Technologies Holdings, Inc. runs the higher net margin — 28.3% vs -177.4%, a 205.7% gap on every dollar of revenue. On growth, Evolv Technologies Holdings, Inc. posted the faster year-over-year revenue change (32.3% vs -11.5%). Over the past eight quarters, Evolv Technologies Holdings, Inc.'s revenue compounded faster (31.8% CAGR vs -12.2%).

Sentient Technologies was an American artificial intelligence technology company based in San Francisco. Sentient was founded in 2007 and received over $143 million in funding at different points after its inception. As of 2016, Sentient was the world's most well-funded AI company. It focused on e-commerce, online content and trading.

Standard BioTools Inc., previously known as Fluidigm Corp., is an American life science tools company that offers analytical mass cytometry systems for flow cytometry and tissue imaging, along with associated assays and reagents, as well as an automated genomic analysis instrument and a variety of microfluidic arrays, or integrated fluidic circuits (IFCs), and consumables with fully kitted reagents. Custom assays and services are available with all systems and applications.

EVLV vs LAB — Head-to-Head

Bigger by revenue
EVLV
EVLV
2.0× larger
EVLV
$38.5M
$19.6M
LAB
Growing faster (revenue YoY)
EVLV
EVLV
+43.8% gap
EVLV
32.3%
-11.5%
LAB
Higher net margin
EVLV
EVLV
205.7% more per $
EVLV
28.3%
-177.4%
LAB
Faster 2-yr revenue CAGR
EVLV
EVLV
Annualised
EVLV
31.8%
-12.2%
LAB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EVLV
EVLV
LAB
LAB
Revenue
$38.5M
$19.6M
Net Profit
$10.9M
$-34.7M
Gross Margin
48.4%
48.5%
Operating Margin
-20.7%
-168.5%
Net Margin
28.3%
-177.4%
Revenue YoY
32.3%
-11.5%
Net Profit YoY
169.2%
-28.8%
EPS (diluted)
$0.07
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EVLV
EVLV
LAB
LAB
Q4 25
$38.5M
Q3 25
$42.9M
$19.6M
Q2 25
$32.5M
$21.8M
Q1 25
$32.0M
$40.8M
Q4 24
$29.1M
Q3 24
$27.4M
$22.1M
Q2 24
$25.2M
$22.5M
Q1 24
$22.2M
$45.5M
Net Profit
EVLV
EVLV
LAB
LAB
Q4 25
$10.9M
Q3 25
$-1.8M
$-34.7M
Q2 25
$-40.5M
$-33.5M
Q1 25
$-1.7M
$-26.0M
Q4 24
$-15.7M
Q3 24
$-30.4M
$-26.9M
Q2 24
$3.4M
$-45.7M
Q1 24
$-11.3M
$-32.2M
Gross Margin
EVLV
EVLV
LAB
LAB
Q4 25
48.4%
Q3 25
49.7%
48.5%
Q2 25
49.8%
48.8%
Q1 25
59.8%
48.4%
Q4 24
57.5%
Q3 24
57.8%
54.9%
Q2 24
58.5%
46.1%
Q1 24
54.8%
53.1%
Operating Margin
EVLV
EVLV
LAB
LAB
Q4 25
-20.7%
Q3 25
-20.1%
-168.5%
Q2 25
-53.8%
-118.1%
Q1 25
-45.0%
-80.8%
Q4 24
-64.9%
Q3 24
-70.0%
-120.9%
Q2 24
-88.7%
-134.5%
Q1 24
-98.8%
-132.2%
Net Margin
EVLV
EVLV
LAB
LAB
Q4 25
28.3%
Q3 25
-4.2%
-177.4%
Q2 25
-124.6%
-153.7%
Q1 25
-5.3%
-63.8%
Q4 24
-54.0%
Q3 24
-111.3%
-122.0%
Q2 24
13.6%
-203.3%
Q1 24
-50.8%
-70.6%
EPS (diluted)
EVLV
EVLV
LAB
LAB
Q4 25
$0.07
Q3 25
$-0.01
$-0.09
Q2 25
$-0.25
$-0.09
Q1 25
$-0.01
$-0.07
Q4 24
$-0.10
Q3 24
$-0.19
$-0.07
Q2 24
$0.02
$-0.12
Q1 24
$-0.07
$-0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EVLV
EVLV
LAB
LAB
Cash + ST InvestmentsLiquidity on hand
$49.1M
$129.4M
Total DebtLower is stronger
$28.6M
Stockholders' EquityBook value
$119.4M
$399.7M
Total Assets
$304.4M
$539.6M
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVLV
EVLV
LAB
LAB
Q4 25
$49.1M
Q3 25
$56.2M
$129.4M
Q2 25
$36.9M
$158.6M
Q1 25
$35.0M
$150.9M
Q4 24
$51.9M
Q3 24
$56.0M
$210.6M
Q2 24
$56.5M
$269.8M
Q1 24
$81.0M
$287.1M
Total Debt
EVLV
EVLV
LAB
LAB
Q4 25
$28.6M
Q3 25
$28.5M
Q2 25
Q1 25
Q4 24
$0
Q3 24
$55.2M
Q2 24
$55.1M
Q1 24
$55.0M
Stockholders' Equity
EVLV
EVLV
LAB
LAB
Q4 25
$119.4M
Q3 25
$102.2M
$399.7M
Q2 25
$92.7M
$424.5M
Q1 25
$121.1M
$454.6M
Q4 24
$117.7M
Q3 24
$129.0M
$489.3M
Q2 24
$151.2M
$510.3M
Q1 24
$139.8M
$577.3M
Total Assets
EVLV
EVLV
LAB
LAB
Q4 25
$304.4M
Q3 25
$304.3M
$539.6M
Q2 25
$280.4M
$557.0M
Q1 25
$256.0M
$579.6M
Q4 24
$268.1M
Q3 24
$278.5M
$681.5M
Q2 24
$269.1M
$708.7M
Q1 24
$280.0M
$777.7M
Debt / Equity
EVLV
EVLV
LAB
LAB
Q4 25
0.24×
Q3 25
0.28×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.11×
Q2 24
0.11×
Q1 24
0.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EVLV
EVLV
LAB
LAB
Operating Cash FlowLast quarter
$15.6M
$-22.2M
Free Cash FlowOCF − Capex
$-23.1M
FCF MarginFCF / Revenue
-118.1%
Capex IntensityCapex / Revenue
4.5%
Cash ConversionOCF / Net Profit
1.43×
TTM Free Cash FlowTrailing 4 quarters
$-111.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVLV
EVLV
LAB
LAB
Q4 25
$15.6M
Q3 25
$3.5M
$-22.2M
Q2 25
$2.1M
$-20.7M
Q1 25
$-2.5M
$-30.3M
Q4 24
$3.2M
Q3 24
$3.7M
$-27.9M
Q2 24
$-21.6M
$-39.0M
Q1 24
$-16.2M
$-62.5M
Free Cash Flow
EVLV
EVLV
LAB
LAB
Q4 25
Q3 25
$-23.1M
Q2 25
$-22.6M
Q1 25
$-35.3M
Q4 24
Q3 24
$-30.1M
Q2 24
$-41.0M
Q1 24
$-63.3M
FCF Margin
EVLV
EVLV
LAB
LAB
Q4 25
Q3 25
-118.1%
Q2 25
-103.6%
Q1 25
-86.6%
Q4 24
Q3 24
-136.4%
Q2 24
-182.2%
Q1 24
-138.9%
Capex Intensity
EVLV
EVLV
LAB
LAB
Q4 25
Q3 25
4.5%
Q2 25
8.7%
Q1 25
12.4%
Q4 24
Q3 24
10.2%
Q2 24
8.6%
Q1 24
1.7%
Cash Conversion
EVLV
EVLV
LAB
LAB
Q4 25
1.43×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-6.31×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EVLV
EVLV

Segment breakdown not available.

LAB
LAB

Consumables$8.7M45%
Services And Other Revenue$5.8M29%
Instruments$5.1M26%

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