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Evolv Technologies Holdings vs Wetouch Technology: EVLV and WETH compared
Evolv Technologies Holdings is the larger company: $43.8M of revenue in its latest quarter (Q2 2026) against $14.0M for Wetouch Technology (Q2 2026). Evolv Technologies Holdings is growing faster (+34% against +13% a year earlier). Wetouch Technology is more profitable, with an operating margin of 22.6% against -24.1%.
Where the money goes: EVLV and WETH
Evolv Technologies Holdings (EVLV) · Q2 2026
Evolv Technologies Holdings, Q2 2026: revenue $43.8M (+34% year over year), operating margin -24.1%, net loss $9.3M, operating cash flow $11.9M. The chart follows the revenue to costs, profit and cash.
Wetouch Technology (WETH) · Q2 2026
Wetouch Technology, Q2 2026: revenue $14.0M (+13% year over year), operating margin 22.6%, net earnings $2.2M, operating cash flow $4.9M. The chart follows the revenue to costs, profit and cash.
| Evolv Technologies Holdings (EVLV) | Wetouch Technology (WETH) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $43.8M | $14.0M |
| Revenue growth, Y/Y | +34% | +13% |
| Gross margin | — | 34.9% |
| Operating margin | -24.1% | 22.6% |
| Net earnings | −$9.3M | $2.2M |
| Net margin | -21.3% | 15.5% |
| Operating cash flow | $11.9M | $4.9M |
| Free cash flow | $3.5M | — |
Where the revenue comes from
Evolv Technologies Holdings
- Subscription revenue: $24.8M (57%)
- Product revenue: $9.1M (21%)
- Service revenue: $9.0M (20%)
- License fee and other revenue: $898K (2%)
Questions
Which is bigger, Evolv Technologies Holdings or Wetouch Technology?
Evolv Technologies Holdings is the larger company: $43.8M of revenue in its latest quarter (Q2 2026) against $14.0M for Wetouch Technology (Q2 2026).
Is Evolv Technologies Holdings or Wetouch Technology growing faster?
Evolv Technologies Holdings is growing faster (+34% against +13% a year earlier).
Which is more profitable, Evolv Technologies Holdings or Wetouch Technology?
Wetouch Technology is more profitable, with an operating margin of 22.6% against -24.1%.
More: Evolv Technologies Holdings earnings · how Evolv Technologies Holdings makes money · Wetouch Technology earnings · how Wetouch Technology makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 11, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.