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KVH Industries, Inc.(KVHI)Earnings, Financials & Key Ratios
KVHI•NASDAQ
$10.49
$223M mkt cap·Price updated May 6, 2026
AboutKVH Industries, Inc. designs, develops, manufactures, and markets mobile connectivity products and services for the marine and land mobile markets in the United States and internationally. The company operates through Mobile Connectivity and Inertial Navigation segments. The company offers mobile satellite TV and communications products; two-way satellite communications systems; onboard TracPhone terminals and hub equipment; data management software; and Iridium OpenPort hardware products and services. It also offers airtime plans that enable customers to obtain Internet and voice services; and value-added, and news and radio content services to retail customers. In addition, the company provides navigation, guidance, and stabilization products for the commercial and defense markets comprising precision fiber optic gyro-based systems; tactical navigation systems for tactical trucks and light armored vehicles; and commercial products, such as navigation and positioning systems for various applications consisting of precision mapping, dynamic surveying, autonomous vehicles, train location control and track geometry measurement systems, industrial robotics, and optical stabilization applications. Further, it offers content, maritime news, sporting content, and television programming delivery services; movie distribution services; and services and support for the mini-VSAT Broadband solution, as well as IoT connectivity as a service. The company sells its mobile communications products through a network of independent retailers, chain stores, distributors, and service providers, as well as to manufacturers of vessels, maritime equipment, and vehicles; and navigation products directly to the United States and foreign governments, and government contractors, as well as through authorized independent sales representatives. It also sells and leases its products directly to end users. KVH Industries, Inc. was founded in 1978 and is headquartered in Middletown, Rhode IslandShow more
- Revenue$111M-2.5%
- EBITDA-$475K-133.6%
- Net Income-$7M+33.2%
- EPS (Diluted)-0.38+33.3%
- Gross Margin24.78%-19.9%
- EBITDA Margin-0.43%-134.4%
- Operating Margin-10.06%+3.6%
- Net Margin-6.65%+31.5%
- ROE-5.48%+29.1%
- ROIC-10.83%-37.6%
- Debt/Equity0.03+277.8%
KVHI Key Insights
KVH Industries, Inc. (KVHI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Momentum leader: RS Rating 91 (top 9%)
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Sales declining 6.9% over 5 years
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
KVHI Price & Volume
KVH Industries, Inc. (KVHI) stock price & volume — 10-year historical chart
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KVHI Growth Metrics
KVH Industries, Inc. (KVHI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-4.96%
5 Years-6.9%
3 Years-7.17%
TTM-2.48%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM33.17%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM31.44%
Return on Capital
10 Years-8.67%
5 Years-9.15%
3 Years-9.25%
Last Year-8.15%
KVHI Recent Earnings
KVH Industries, Inc. (KVHI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
Mar 10, 2026EPS
$0.05
Est $0.02
+150.0%
Revenue
$31M
Est $29M
+4.0%
Q4 2025
Nov 6, 2025EPS
$0.12
Est $0.01
-1300.0%
Revenue
$28M
Est $29M
-3.0%
Q3 2025
Aug 7, 2025EPS
$0.03
Est $0.03
+200.0%
Revenue
$27M
Est $29M
-8.9%
Q2 2025
May 7, 2025EPS
$0.07
Est $0.04
-75.0%
Revenue
$25M
Est $29M
-12.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 10, 2026 | $0.05vs $0.02+150.0% | $31Mvs $29M+4.0% |
| Q4 2025 | Nov 6, 2025 | $0.12vs $0.01-1300.0% | $28Mvs $29M-3.0% |
| Q3 2025 | Aug 7, 2025 | $0.03vs $0.03+200.0% | $27Mvs $29M-8.9% |
| Q2 2025 | May 7, 2025 | $0.07vs $0.04-75.0% | $25Mvs $29M-12.9% |
Based on last 12 quarters of dataView full earnings history →
KVHI Peer Comparison
KVH Industries, Inc. (KVHI) competitors in Satellite Communications Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GSAT | 10.4B | 81.97 | -138.93 | 11.86% | -19.04% | -13.68% | 1.72% | 1.51 |
 GILT | 1.45B | 19.86 | 58.41 | 47.87% | 4.59% | 4.14% | 0.63% | 0.02 |
 VSAT | 8.76B | 67.30 | -15.02 | 5.5% | -4.02% | -4% | 1.62 | |
 SHEN | 896.99M | 16.22 | -22.85 | 9.08% | -13.67% | -3.7% | 0.66 | |
 IRDM | 4.29B | 40.59 | 38.29 | 4.93% | 12.05% | 22.76% | 6.99% | 3.81 |
 SPOK | 220.16M | 10.62 | 14.16 | 1.49% | 10.33% | 7.28% | 11.44% | 0.05 |
 LMND | 4.07B | 53.00 | -23.04 | 40.15% | -16.92% | -26.52% | 0.34 | |
 SATS | 16.51B | 125.71 | -2.49 | -5.18% | -155.15% | -176.79% | 5.33 |
Compare KVHI vs Peers
KVH Industries, Inc. (KVHI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KVHI Income Statement
KVH Industries, Inc. (KVHI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 160.09M | 170.76M | 157.89M | 158.73M | 133.91M | 138.75M | 132.38M | 113.83M | 111.01M |
| Revenue Growth % | -9.1% | 6.67% | -7.54% | 0.53% | -15.64% | 3.61% | -4.59% | -14.01% | -2.48% |
| Cost of Goods Sold | 90.17M | 100.1M | 104.14M | 101.13M | 88.09M | 86.25M | 94.51M | 78.61M | 83.51M |
| COGS % of Revenue | 56.32% | 58.62% | 65.96% | 63.71% | 65.78% | 62.16% | 71.39% | 69.06% | 75.22% |
| Gross Profit | 69.92M▲ 0% | 70.66M▲ 1.1% | 53.75M▼ 23.9% | 57.61M▲ 7.2% | 45.82M▼ 20.5% | 52.5M▲ 14.6% | 37.87M▼ 27.9% | 35.22M▼ 7.0% | 27.5M▼ 21.9% |
| Gross Margin % | 43.68% | 41.38% | 34.04% | 36.29% | 34.22% | 37.84% | 28.61% | 30.94% | 24.78% |
| Gross Profit Growth % | -8.98% | 1.06% | -23.93% | 7.18% | -20.46% | 14.57% | -27.87% | -7% | -21.91% |
| Operating Expenses | 78.69M | 77.83M | 74.85M | 80.55M | 65.42M | 58.22M | 55.21M | 47.1M | 38.67M |
| OpEx % of Revenue | 49.15% | 45.58% | 47.4% | 50.74% | 48.85% | 41.96% | 41.71% | 41.38% | 34.84% |
| Selling, General & Admin | 62.83M | 62.87M | 58.92M | 54.26M | 54.35M | 47.85M | 39.82M | 37.53M | 35.74M |
| SG&A % of Revenue | 39.25% | 36.82% | 37.32% | 34.18% | 40.59% | 34.49% | 30.08% | 32.97% | 32.19% |
| Research & Development | 15.86M | 14.95M | 15.93M | 15.8M | 11.07M | 10.37M | 9.4M | 8.44M | 3.46M |
| R&D % of Revenue | 9.91% | 8.76% | 10.09% | 9.95% | 8.27% | 7.47% | 7.1% | 7.41% | 3.11% |
| Other Operating Expenses | -366K | 655K | 0 | 10.49M | 0 | 0 | 5.99M | 1.14M | -519K |
| Operating Income | -8.76M▲ 0% | -7.16M▲ 18.3% | -21.1M▼ 194.5% | -22.94M▼ 8.7% | -19.59M▲ 14.6% | -5.72M▲ 70.8% | -17.34M▼ 203.0% | -11.88M▲ 31.5% | -11.17M▲ 6.0% |
| Operating Margin % | -5.47% | -4.2% | -13.36% | -14.45% | -14.63% | -4.13% | -13.1% | -10.44% | -10.06% |
| Operating Income Growth % | -562.93% | 18.26% | -194.47% | -8.73% | 14.57% | 70.78% | -202.97% | 31.49% | 5.99% |
| EBITDA | 2.27M | 870K | -9.61M | -11.27M | -4.99M | 7.68M | -3.91M | 1.42M | -475K |
| EBITDA Margin % | 1.42% | 0.51% | -6.09% | -7.1% | -3.73% | 5.54% | -2.95% | 1.24% | -0.43% |
| EBITDA Growth % | -79.78% | -61.72% | -1204.48% | -17.33% | 55.7% | 253.84% | -150.85% | 136.22% | -133.57% |
| D&A (Non-Cash Add-back) | 11.04M | 8.03M | 11.49M | 11.66M | 14.6M | 13.41M | 13.44M | 13.3M | 10.7M |
| EBIT | -8.47M | -9.31M | -18.99M | -21.75M | -11.6M | -3.45M | -15.1M | -10.63M | -11.17M |
| Net Interest Income | -808K | -1.16M | 983K | 978K | 830K | 1.5M | 3.65M | 3.04M | 2.57M |
| Interest Income | 659K | 635K | 2M | 996K | 886K | 1.51M | 3.65M | 3.04M | 2.57M |
| Interest Expense | 1.47M | 1.79M | 1.02M | 18K | 56K | 3K | 1K | 2K | 0 |
| Other Income/Expense | -1.17M | -452K | 1.08M | 1.17M | 7.94M | 2.28M | 2.24M | 1.26M | 3.66M |
| Pretax Income | -9.94M▲ 0% | -7.67M▲ 22.9% | -20.01M▼ 161.0% | -21.77M▼ 8.8% | -11.65M▲ 46.5% | -3.45M▲ 70.4% | -15.1M▼ 337.9% | -10.63M▲ 29.6% | -7.51M▲ 29.3% |
| Pretax Margin % | -6.21% | -4.49% | -12.67% | -13.71% | -8.7% | -2.49% | -11.41% | -9.34% | -6.77% |
| Income Tax | 1.1M | 565K | -4M | 174K | -108K | 546K | 318K | 421K | -131K |
| Effective Tax Rate % | -11.03% | -7.37% | 20% | -0.8% | 0.93% | -15.83% | -2.11% | -3.96% | 1.74% |
| Net Income | -11.03M▲ 0% | -8.23M▲ 25.4% | 33.26M▲ 504.0% | -21.94M▼ 166.0% | -9.76M▲ 55.5% | 24.03M▲ 346.1% | -15.42M▼ 164.2% | -11.05M▲ 28.4% | -7.38M▲ 33.2% |
| Net Margin % | -6.89% | -4.82% | 21.06% | -13.82% | -7.29% | 17.32% | -11.65% | -9.71% | -6.65% |
| Net Income Growth % | -46.79% | 25.39% | 503.97% | -165.97% | 55.5% | 346.13% | -164.18% | 28.36% | 33.17% |
| Net Income (Continuing) | -11.03M | -11.44M | -16.01M | -21.94M | -11.55M | -4M | -15.42M | -11.05M | -7.38M |
| Discontinued Operations | 0 | 3.21M | 49.26M | 0 | 1.78M | 28.02M | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.67▲ 0% | -0.48▲ 28.4% | -0.92▼ 91.7% | -1.24▼ 34.8% | -0.54▲ 56.5% | -0.21▲ 61.1% | -0.81▼ 285.7% | -0.57▲ 29.6% | -0.38▲ 33.3% |
| EPS Growth % | -42.55% | 28.36% | -91.67% | -34.78% | 56.45% | 61.11% | -285.71% | 29.63% | 33.33% |
| EPS (Basic) | -0.67 | -0.48 | -0.92 | -1.24 | -0.54 | -0.21 | -0.81 | -0.57 | -0.38 |
| Diluted Shares Outstanding | 16.42M | 17.07M | 17.46M | 17.67M | 18.22M | 18.63M | 19.13M | 19.39M | 19.4M |
| Basic Shares Outstanding | 16.42M | 17.07M | 17.46M | 17.67M | 18.22M | 18.63M | 19.13M | 19.39M | 19.4M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
KVHI Balance Sheet
KVH Industries, Inc. (KVHI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 97.78M | 77.74M | 109.27M | 101.06M | 87.83M | 129.96M | 118.82M | 122.58M | 117.8M |
| Cash & Short-Term Investments | 42.91M | 18.07M | 48.27M | 37.72M | 24.52M | 76.74M | 69.77M | 50.57M | 69.91M |
| Cash Only | 34.6M | 18.05M | 18.36M | 12.58M | 11.38M | 21.06M | 11.29M | 50.57M | 69.91M |
| Short-Term Investments | 8.32M | 25K | 29.91M | 25.14M | 13.15M | 55.68M | 58.48M | 0 | 0 |
| Accounts Receivable | 28.32M | 32.16M | 34.35M | 34.77M | 29M | 27.43M | 25.67M | 21.62M | 25.05M |
| Days Sales Outstanding | 64.56 | 68.74 | 79.4 | 79.96 | 79.03 | 72.15 | 70.78 | 69.34 | 82.36 |
| Inventory | 22.73M | 22.94M | 23.46M | 24.67M | 15.83M | 22.73M | 19.05M | 22.95M | 14.86M |
| Days Inventory Outstanding | 92.02 | 83.65 | 82.24 | 89.06 | 65.61 | 96.19 | 73.56 | 106.58 | 64.95 |
| Other Current Assets | 3.82M | 4.87M | 0 | 0 | 15.84M | 0 | 4.33M | 27.43M | 7.98M |
| Total Non-Current Assets | 98.46M | 109.91M | 90.12M | 82.53M | 80.96M | 66.29M | 53.82M | 32.51M | 33.7M |
| Property, Plant & Equipment | 43.52M | 53.25M | 59.87M | 63.17M | 56M | 55.29M | 48.75M | 28.38M | 26.41M |
| Fixed Asset Turnover | 3.68x | 3.21x | 2.64x | 2.51x | 2.39x | 2.51x | 2.72x | 4.01x | 4.20x |
| Goodwill | 33.87M | 32.21M | 15.41M | 6.59M | 6.57M | 5.31M | 0 | 0 | 732K |
| Intangible Assets | 15.12M | 10.52M | 4.94M | 2.25M | 1.29M | 404K | 1.19M | 828K | 3.72M |
| Long-Term Investments | 0 | 6.97M | 0 | 2.66M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 5.93M | 6.74M | 9.85M | 7.79M | 17.05M | 5.04M | 3.62M | 3.15M | 2.24M |
| Total Assets | 196.24M▲ 0% | 187.65M▼ 4.4% | 199.39M▲ 6.3% | 183.59M▼ 7.9% | 168.79M▼ 8.1% | 196.25M▲ 16.3% | 172.63M▼ 12.0% | 155.08M▼ 10.2% | 151.5M▼ 2.3% |
| Asset Turnover | 0.82x | 0.91x | 0.79x | 0.86x | 0.79x | 0.71x | 0.77x | 0.73x | 0.73x |
| Asset Growth % | -1.76% | -4.38% | 6.26% | -7.92% | -8.06% | 16.27% | -12.04% | -10.17% | -2.31% |
| Total Current Liabilities | 43.35M | 56.01M | 38.39M | 40.79M | 33.88M | 37.13M | 24.97M | 15.87M | 16.67M |
| Accounts Payable | 15.74M | 16.73M | 15.03M | 11.4M | 9.5M | 20.45M | 4.78M | 4.32M | 4.5M |
| Days Payables Outstanding | 63.7 | 61.02 | 52.68 | 41.15 | 39.37 | 86.54 | 18.46 | 20.04 | 19.66 |
| Short-Term Debt | 2.48M | 9.93M | 0 | 4.99M | 0 | 0 | 0 | 0 | 547K |
| Deferred Revenue (Current) | 6.92M | 9.19M | 4.44M | 4.45M | 3.78M | 1.36M | 1.77M | 1.04M | 1.16M |
| Other Current Liabilities | 11.28M | 10.68M | 6.16M | 7.72M | 10.67M | 8.26M | 13.17M | 5.45M | 10.47M |
| Current Ratio | 2.26x | 1.39x | 2.85x | 2.48x | 2.59x | 3.50x | 4.76x | 7.72x | 7.07x |
| Quick Ratio | 1.73x | 0.98x | 2.24x | 1.87x | 2.12x | 2.89x | 4.00x | 6.28x | 6.18x |
| Cash Conversion Cycle | 92.88 | 91.37 | 108.96 | 127.87 | 105.27 | 81.8 | 125.87 | 155.88 | 127.65 |
| Total Non-Current Liabilities | 47.23M | 32.13M | 11.01M | 10.92M | 5.93M | 691K | 290K | 584K | 3.85M |
| Long-Term Debt | 44.57M | 19.44M | 0 | 1.94M | 0 | 0 | 0 | 0 | 3.84M |
| Capital Lease Obligations | 0 | 1.9M | 3.48M | 3.2M | 1.22M | 636K | 289K | 569K | 3.84M |
| Deferred Tax Liabilities | 2.63M | 1.7M | 762K | 418K | 215K | 55K | 1K | 15K | 5K |
| Other Non-Current Liabilities | 19K | 23K | 1.29M | 674K | 30K | -4.32M | 0 | 0 | 0 |
| Total Liabilities | 90.57M | 88.14M | 49.4M | 51.71M | 39.82M | 37.82M | 25.26M | 16.46M | 20.52M |
| Total Debt | 47.05M | 29.36M | 6.31M | 13.96M | 3.14M | 2.17M | 1.07M | 1.23M | 4.39M |
| Net Debt | 12.46M | 11.31M | -12.05M | 1.38M | -8.24M | -18.89M | -10.22M | -49.34M | -65.52M |
| Debt / Equity | 0.45x | 0.30x | 0.04x | 0.11x | 0.02x | 0.01x | 0.01x | 0.01x | 0.03x |
| Debt / EBITDA | 20.70x | 33.75x | - | - | - | 0.28x | - | 0.87x | - |
| Net Debt / EBITDA | 5.48x | 13.01x | - | - | - | -2.46x | - | -34.87x | - |
| Interest Coverage | -5.97x | -4.00x | -20.68x | -1274.28x | -349.91x | -1908.33x | -17345.00x | -5941.50x | - |
| Total Equity | 105.67M▲ 0% | 99.52M▼ 5.8% | 149.99M▲ 50.7% | 131.88M▼ 12.1% | 128.98M▼ 2.2% | 158.44M▲ 22.8% | 147.37M▼ 7.0% | 138.63M▼ 5.9% | 130.98M▼ 5.5% |
| Equity Growth % | -0.79% | -5.82% | 50.72% | -12.07% | -2.2% | 22.84% | -6.98% | -5.94% | -5.51% |
| Book Value per Share | 6.44 | 5.83 | 8.59 | 7.46 | 7.08 | 8.50 | 7.70 | 7.15 | 6.75 |
| Total Shareholders' Equity | 105.67M | 99.52M | 149.99M | 131.88M | 128.98M | 158.44M | 147.37M | 138.63M | 130.98M |
| Common Stock | 188K | 190K | 194K | 199K | 203K | 206K | 211K | 212K | 213K |
| Retained Earnings | -4.42M | -15.4M | 19.54M | -2.4M | -12.16M | 13.72M | -1.7M | -12.75M | -20.14M |
| Treasury Stock | -13.15M | -10.16M | -11.46M | -11.85M | -11.85M | -11.85M | -12.09M | -12.09M | -13.83M |
| Accumulated OCI | -11.32M | -14.73M | -2.77M | -3.23M | -3.41M | -4.11M | -4.18M | -4.03M | -4.16M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
KVHI Cash Flow Statement
KVH Industries, Inc. (KVHI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 11.53M | 5.18M | -14.16M | -3.08M | 2.91M | 8.89M | 2.53M | -13.17M | 17.11M |
| Operating CF Margin % | 7.2% | 3.04% | -8.97% | -1.94% | 2.17% | 6.41% | 1.91% | -11.57% | 15.41% |
| Operating CF Growth % | -38.35% | -55.03% | -373.24% | 78.26% | 194.48% | 205.71% | -71.55% | -620.55% | 229.9% |
| Net Income | -11.03M | -8.23M | 33.26M | -21.94M | -9.76M | 24.03M | -15.42M | -11.05M | -7.38M |
| Depreciation & Amortization | 11.04M | 12.86M | 11.49M | 11.66M | 14.6M | 13.41M | 13.44M | 13.3M | 10.7M |
| Stock-Based Compensation | 3.52M | 3.32M | 4.16M | 3.46M | 4.11M | 3.42M | 2.08M | 2.03M | 1.57M |
| Deferred Taxes | -756K | -781K | 203K | -283K | -186K | -363K | -51K | 113K | -455K |
| Other Non-Cash Items | 615K | 297K | -53.58M | 11.69M | -6.07M | -30.53M | 8.35M | 2.76M | -1.55M |
| Working Capital Changes | 8.15M | -2.28M | -9.69M | -7.67M | 215K | -1.08M | -5.86M | -20.32M | 14.23M |
| Change in Receivables | 2.7M | -2.18M | -4.34M | -1.12M | -506K | 506K | 1.72M | 3.81M | -4.28M |
| Change in Inventory | -1.98M | -174K | -553K | -1.21M | 33K | -8.49M | 3.69M | -3.91M | 8.71M |
| Change in Payables | 6.71M | 2.04M | -1.92M | -3.27M | -251K | 11.36M | -15.65M | -446K | 176K |
| Cash from Investing | 4.52M | -7.65M | 46.05M | -9.29M | -6.71M | 375K | -14.71M | 52.39M | 3.89M |
| Capital Expenditures | -12.87M | -15.94M | -12.62M | -14.14M | -18.8M | -14.44M | -10.63M | -7.49M | -7.36M |
| CapEx % of Revenue | 8.04% | 9.34% | 7.99% | 8.91% | 14.04% | 10.41% | 8.03% | 6.58% | 6.63% |
| Acquisitions | 12.79M | 15.94M | 88.45M | 14.14M | 0 | 57.38M | 0 | 0 | 11.28M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -12.79M | -15.94M | 103K | -14.06M | 100K | 0 | -1.3M | 1.4M | -34K |
| Cash from Financing | -9.75M | -13.27M | -30.76M | 7.13M | 2.65M | 708K | 2.34M | 110K | -1.69M |
| Debt Issued (Net) | -11M | -18.25M | -30.16M | 6.3M | -294K | -264K | -22K | 0 | 0 |
| Equity Issued (Net) | -392K | 1000K | -1000K | -390K | 0 | 0 | -239K | 110K | -1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -392K | 0 | -1.3M | -390K | 0 | 0 | -239K | 0 | -1.74M |
| Other Financing | 1.64M | 484K | 700K | 1.22M | 2.94M | 972K | 2.6M | 0 | 0 |
| Net Change in Cash | 8.17M▲ 0% | -16.55M▼ 302.4% | 315K▲ 101.9% | -5.79M▼ 1937.1% | -1.2M▲ 79.2% | 9.68M▲ 905.3% | -9.76M▼ 200.8% | 39.28M▲ 502.4% | 19.34M▼ 50.8% |
| Free Cash Flow | -1.34M▲ 0% | -10.76M▼ 700.4% | -26.79M▼ 149.0% | -17.22M▲ 35.7% | -15.89M▲ 7.7% | -5.55M▲ 65.1% | -9.4M▼ 69.3% | -20.59M▼ 119.0% | 9.75M▲ 147.4% |
| FCF Margin % | -0.84% | -6.3% | -16.96% | -10.85% | -11.87% | -4% | -7.1% | -18.09% | 8.79% |
| FCF Growth % | -110.28% | -700.37% | -149% | 35.71% | 7.71% | 65.07% | -69.32% | -119.03% | 147.37% |
| FCF per Share | -0.08 | -0.63 | -1.53 | -0.97 | -0.87 | -0.30 | -0.49 | -1.06 | 0.50 |
| FCF Conversion (FCF/Net Income) | -1.04x | -0.63x | -0.43x | 0.14x | -0.30x | 0.37x | -0.16x | 1.19x | -2.32x |
| Interest Paid | 1.45M | 1.68M | 929K | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 972K | 2.58M | 424K | 1.05M | 419K | 312K | 22K | 173K | 0 |
KVHI Key Ratios
KVH Industries, Inc. (KVHI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -6.69% | -10.4% | -8.02% | 26.66% | -15.57% | -7.49% | 16.72% | -10.09% | -7.73% | -5.48% |
| Return on Invested Capital (ROIC) | -0.66% | -5.13% | -4.69% | -12.72% | -12.69% | -11.57% | -3.3% | -9.4% | -7.87% | -10.83% |
| Gross Margin | 43.62% | 43.68% | 41.38% | 34.04% | 36.29% | 34.22% | 37.84% | 28.61% | 30.94% | 24.78% |
| Net Margin | -4.27% | -6.89% | -4.82% | 21.06% | -13.82% | -7.29% | 17.32% | -11.65% | -9.71% | -6.65% |
| Debt / Equity | 0.55x | 0.45x | 0.30x | 0.04x | 0.11x | 0.02x | 0.01x | 0.01x | 0.01x | 0.03x |
| Interest Coverage | -0.92x | -5.97x | -4.00x | -20.68x | -1274.28x | -349.91x | -1908.33x | -17345.00x | -5941.50x | - |
| FCF Conversion | -2.49x | -1.04x | -0.63x | -0.43x | 0.14x | -0.30x | 0.37x | -0.16x | 1.19x | -2.32x |
| Revenue Growth | -4.61% | -9.1% | 6.67% | -7.54% | 0.53% | -15.64% | 3.61% | -4.59% | -14.01% | -2.48% |
KVHI SEC Filings & Documents
KVH Industries, Inc. (KVHI) SEC filings — annual & quarterly reports (10-K, 10-Q)
KVHI Frequently Asked Questions
KVH Industries, Inc. (KVHI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
KVH Industries, Inc. (KVHI) reported $111.0M in revenue for fiscal year 2025. This represents a 332% increase from $25.7M in 1996.
KVH Industries, Inc. (KVHI) saw revenue decline by 2.5% over the past year.
KVH Industries, Inc. (KVHI) reported a net loss of $7.4M for fiscal year 2025.
Dividend & Returns
KVH Industries, Inc. (KVHI) has a return on equity (ROE) of -5.5%. Negative ROE indicates the company is unprofitable.
KVH Industries, Inc. (KVHI) generated $9.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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