vs

Side-by-side financial comparison of Evolv Technologies Holdings, Inc. (EVLV) and Plymouth Industrial REIT, Inc. (PLYM). Click either name above to swap in a different company.

Plymouth Industrial REIT, Inc. is the larger business by last-quarter revenue ($51.2M vs $38.5M, roughly 1.3× Evolv Technologies Holdings, Inc.). Evolv Technologies Holdings, Inc. runs the higher net margin — 28.3% vs -106.3%, a 134.5% gap on every dollar of revenue. On growth, Evolv Technologies Holdings, Inc. posted the faster year-over-year revenue change (32.3% vs -1.4%). Over the past eight quarters, Evolv Technologies Holdings, Inc.'s revenue compounded faster (31.8% CAGR vs 0.4%).

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.

Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality industrial properties including distribution centers, warehouses, and light industrial facilities across key U.S. logistics hubs. It serves tenants in e-commerce, retail, manufacturing, and third-party logistics sectors, supporting diverse business supply chain needs.

EVLV vs PLYM — Head-to-Head

Bigger by revenue
PLYM
PLYM
1.3× larger
PLYM
$51.2M
$38.5M
EVLV
Growing faster (revenue YoY)
EVLV
EVLV
+33.7% gap
EVLV
32.3%
-1.4%
PLYM
Higher net margin
EVLV
EVLV
134.5% more per $
EVLV
28.3%
-106.3%
PLYM
Faster 2-yr revenue CAGR
EVLV
EVLV
Annualised
EVLV
31.8%
0.4%
PLYM

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EVLV
EVLV
PLYM
PLYM
Revenue
$38.5M
$51.2M
Net Profit
$10.9M
$-54.4M
Gross Margin
48.4%
Operating Margin
-20.7%
-102.5%
Net Margin
28.3%
-106.3%
Revenue YoY
32.3%
-1.4%
Net Profit YoY
169.2%
-248.5%
EPS (diluted)
$0.07
$-1.23

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
PLYM
PLYM
Q4 25
$38.5M
Q3 25
$42.9M
$51.2M
Q2 25
$32.5M
$47.2M
Q1 25
$32.0M
$45.6M
Q4 24
$29.1M
$47.6M
Q3 24
$27.4M
$51.9M
Q2 24
$25.2M
$48.7M
Q1 24
$22.2M
$50.2M
Net Profit
EVLV
EVLV
PLYM
PLYM
Q4 25
$10.9M
Q3 25
$-1.8M
$-54.4M
Q2 25
$-40.5M
$-6.1M
Q1 25
$-1.7M
$5.8M
Q4 24
$-15.7M
$147.4M
Q3 24
$-30.4M
$-15.6M
Q2 24
$3.4M
$1.3M
Q1 24
$-11.3M
$6.2M
Gross Margin
EVLV
EVLV
PLYM
PLYM
Q4 25
48.4%
Q3 25
49.7%
Q2 25
49.8%
Q1 25
59.8%
Q4 24
57.5%
Q3 24
57.8%
Q2 24
58.5%
Q1 24
54.8%
Operating Margin
EVLV
EVLV
PLYM
PLYM
Q4 25
-20.7%
Q3 25
-20.1%
-102.5%
Q2 25
-53.8%
-10.3%
Q1 25
-45.0%
Q4 24
-64.9%
Q3 24
-70.0%
-29.6%
Q2 24
-88.7%
2.7%
Q1 24
-98.8%
Net Margin
EVLV
EVLV
PLYM
PLYM
Q4 25
28.3%
Q3 25
-4.2%
-106.3%
Q2 25
-124.6%
-12.9%
Q1 25
-5.3%
12.8%
Q4 24
-54.0%
309.9%
Q3 24
-111.3%
-30.1%
Q2 24
13.6%
2.7%
Q1 24
-50.8%
12.4%
EPS (diluted)
EVLV
EVLV
PLYM
PLYM
Q4 25
$0.07
Q3 25
$-0.01
$-1.23
Q2 25
$-0.25
$-0.14
Q1 25
$-0.01
$0.13
Q4 24
$-0.10
$3.24
Q3 24
$-0.19
$-0.35
Q2 24
$0.02
$0.03
Q1 24
$-0.07
$0.14

Balance Sheet & Financial Strength

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

Metric
EVLV
EVLV
PLYM
PLYM
Cash + ST InvestmentsLiquidity on hand
$49.1M
Total DebtLower is stronger
$28.6M
Stockholders' EquityBook value
$119.4M
$470.1M
Total Assets
$304.4M
$1.6B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVLV
EVLV
PLYM
PLYM
Q4 25
$49.1M
Q3 25
$56.2M
Q2 25
$36.9M
Q1 25
$35.0M
Q4 24
$51.9M
Q3 24
$56.0M
Q2 24
$56.5M
Q1 24
$81.0M
Total Debt
EVLV
EVLV
PLYM
PLYM
Q4 25
$28.6M
Q3 25
$28.5M
Q2 25
Q1 25
Q4 24
$0
$646.4M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EVLV
EVLV
PLYM
PLYM
Q4 25
$119.4M
Q3 25
$102.2M
$470.1M
Q2 25
$92.7M
$539.6M
Q1 25
$121.1M
$571.0M
Q4 24
$117.7M
$579.5M
Q3 24
$129.0M
$436.5M
Q2 24
$151.2M
$475.2M
Q1 24
$139.8M
$484.6M
Total Assets
EVLV
EVLV
PLYM
PLYM
Q4 25
$304.4M
Q3 25
$304.3M
$1.6B
Q2 25
$280.4M
$1.6B
Q1 25
$256.0M
$1.4B
Q4 24
$268.1M
$1.4B
Q3 24
$278.5M
$1.5B
Q2 24
$269.1M
$1.4B
Q1 24
$280.0M
$1.4B
Debt / Equity
EVLV
EVLV
PLYM
PLYM
Q4 25
0.24×
Q3 25
0.28×
Q2 25
Q1 25
Q4 24
0.00×
1.12×
Q3 24
Q2 24
Q1 24

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
PLYM
PLYM
Operating Cash FlowLast quarter
$15.6M
$20.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.43×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVLV
EVLV
PLYM
PLYM
Q4 25
$15.6M
Q3 25
$3.5M
$20.0M
Q2 25
$2.1M
$23.4M
Q1 25
$-2.5M
$15.6M
Q4 24
$3.2M
$96.1M
Q3 24
$3.7M
$17.6M
Q2 24
$-21.6M
$19.9M
Q1 24
$-16.2M
$16.6M
Cash Conversion
EVLV
EVLV
PLYM
PLYM
Q4 25
1.43×
Q3 25
Q2 25
Q1 25
2.67×
Q4 24
0.65×
Q3 24
Q2 24
-6.31×
15.12×
Q1 24
2.67×

Financial Flow Comparison

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

Related Comparisons