HIGHOutside partySupplier
Columbia Tech (contract manufacturer)
“10-K Item 1A: 'all our systems are currently manufactured, assembled, tested, and packaged by Columbia Tech'”
EVLV · Concentration risk · 10-K extracted
Evolv Technologies Holdings, In (EVLV) concentration risks
Updated
The most significant concentration Evolv Technologies Holdings, In discloses is Columbia Tech (contract manufacturer), classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Evolv Technologies Holdings, In’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM0
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
LOWOutside partyCustomer
single reseller customer
“10-K Item 1: 'One customer, which is a reseller of our products, accounted for more than 10% of our total revenue for both years ended December 31, 2025 and the year ended December 31, 2024.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Evolv Technologies' concentration risk sits on both the supply and customer side, at different disclosed weights. On production, all of the company's systems are currently manufactured, assembled, tested, and packaged by Columbia Tech, a single contract manufacturer disclosed at a high share — meaning there's no alternate production line disclosed if that relationship were disrupted. On the customer side, one customer, a reseller of the company's products, accounted for more than 10% of total revenue for both years ended December 31, 2025 and 2024, a comparatively low-share dependency relative to the manufacturing exposure. These are both dependency-type risks tied to specific counterparties rather than structural features of the business model, but they sit at very different weights: the reliance on a single contract manufacturer for all systems is the more consequential of the two, since it touches the entire product line rather than a portion of revenue tied to one reseller. Net, Evolv's more material disclosed concentration is on the supply side — single-sourced manufacturing for its entire product range — with customer concentration through one reseller a secondary, smaller factor by comparison.
For the engine’s reasoning on EVLV’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Security & Protection Services
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| BCO | Brinks Company (The) | 2 | 0 | 0 | 2 |
| EVLV● | Evolv Technologies Holdings, In | 1 | 0 | 1 | 2 |
| CXW | CoreCivic, Inc. | 1 | 0 | 0 | 1 |
| ADT | ADT Inc. | 0 | 1 | 0 | 1 |
| ALLE | Allegion plc | 0 | 1 | 0 | 1 |
| BRC | Brady Corporation | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.