EVLV
Evolv Technologies Holdings, Inc.
EVLV has the edge over RKLB overall, supported by stronger fundamentals and lower modeled downside.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
EVLV Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Strong | |
| Unavailable |
EVLV's revenue and cash flow are currently healthy, but its profitability is weak. There isn't enough data to rate its balance sheet.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
EVLV PE Valuation
EVLV has no meaningful PE right now: it lost money over the past year.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
EVLV Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect EVLV's losses to shrink, with revenue growing.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
EVLV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.10 | +$0.27 |
| Q2 2026 | -$0.02 | +$0.53 |
| Q1 2026 | -$0.22 | +$0.06 |
| Q4 2025 | -$0.20 | +$0.15 |
| Q3 2025 | -$0.37 | -$0.03 |
| Q2 2025 | -$0.55 | -$0.43 |
| Q1 2025 | -$0.28 | +$0.31 |
| Q4 2024 | -$0.35 | +$0.36 |
EVLV has the edge over RKLB on earnings, with more consistent year-over-year improvement.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
EVLV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $47.3M | +10% |
| Q2 2026 | $43.8M | +34% |
| Q1 2026 | $46.3M | +45% |
| Q4 2025 | $38.5M | +32% |
| Q3 2025 | $42.9M | +57% |
| Q2 2025 | $32.5M | +27% |
| Q1 2025 | $32M | +48% |
| Q4 2024 | $29.1M | +33% |
EVLV's revenue has grown year over year every quarter since late 2021: $47M last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | -10 points |
| Q2 2026 | -24% | +30 points |
| Q1 2026 | -18% | +27 points |
| Q4 2025 | -21% | +44 points |
| Q3 2025 | -20% | +50 points |
| Q2 2025 | -54% | +34 points |
| Q1 2025 | -45% | +58 points |
| Q4 2024 | -65% | +36 points |
EVLV's operating margin was −30% last quarter, down 10 points from the same quarter a year ago.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over EVLV on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB has the edge over EVLV on profitability, with a higher operating margin.
EVLV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18M | +410% |
| Q2 2026 | $11.9M | +463% |
| Q1 2026 | -$3.2M | -$640K |
| Q4 2025 | $15.6M | +386% |
| Q3 2025 | $3.5M | -9.8% |
| Q2 2025 | $2.1M | +$24M |
| Q1 2025 | -$2.5M | +$13.5M |
| Q4 2024 | $3.2M | +$6.3M |
EVLV has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
EVLV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +1.1M shares |
| 1 year | +4.8% | +8.4M shares |
| 3 years | +4.1% | +7.2M shares |
| 5 years | +26% | +37M shares |
EVLV has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
EVLV Net Leverage
EVLV's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
EVLV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.8 | Neutral |
| Stochastic | 20.9 | Neutral |
EVLV's weekly RSI is 37 (neutral) and its Stochastic is 21 (neutral).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
EVLV PE vs Industrials Sector
EVLV has no meaningful PE right now: it lost money over the past year.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
EVLV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.51 | 7.8% below |
| 20 week MA | $5.11 | 19% below |
| 50 week MA | $5.73 | 27% below |
| 100 week MA | $5.62 | 26% below |
| 200 week MA | $4.86 | 14% below |
EVLV is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over EVLV on trend strength, trading above more of its moving averages.
EVLV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.78 | $10.1 | +3.1% |
| 2021 | $10.1 | $5.04 | -50% |
| 2022 | $5.04 | $2.20 | -56% |
| 2023 | $2.20 | $4.72 | +115% |
| 2024 | $4.72 | $3.97 | -16% |
| 2025 | $3.97 | $6.66 | +68% |
| 2026 YTD | $6.66 | $4.16 | -38% |
EVLV's yearly returns have swung widely, from +115% in 2023 to −56% in 2022. It's down 38% so far in 2026.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB has the edge over EVLV on returns for 2026, with the stronger performance.