Evolv Technologies vs Napco Security Technologies
Napco Security Technologies reported revenue of $202 million in fiscal 2026, 1.4 times Evolv Technologies' $146 million in fiscal 2025. Evolv Technologies' revenue grew 40.5% in its latest year, and Napco Security Technologies' grew 11.4%. Evolv Technologies had an operating margin of -33.2%, against 22.6% at Napco Security Technologies. Free cash flow was $13 million at Evolv Technologies and $59 million at Napco Security Technologies. Their fiscal years end in different months (December 31 and June 30), so the periods don't line up exactly.
Side by side
| Evolv Technologies | Napco Security Technologies | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Jun 30, 2026 |
| Revenue | $146M | $202M |
| Revenue growth | 40.5% | 11.4% |
| Revenue growth a year, last 5 years | 98.0% | 12.2% |
| Gross margin | 51.6% | 59.2% |
| Operating margin | −33.2% | 22.6% |
| Net margin | −22.7% | 21.3% |
| Free cash flow | $13M | $59M |
| Free cash flow margin | 8.9% | 29.3% |
| Return on capital | −52.9% | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $0M | $20M |
| Change in diluted share count | 7.6% | −1.7% |
| Last close | $4.56 | $30.24 |
| P/E at the last close | — | 24.6× |
| Insider trades, last 12 months | bought $749,505, sold $6.9 million | sold $33.7 million |
| Piotroski F-score | 4 of 9 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Evolv TechnologiesNapco Security Technologies
Operating margin
Percent of revenue
Evolv TechnologiesNapco Security Technologies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Evolv TechnologiesNapco Security Technologies
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Evolv Technologies and Napco Security Technologies pages.