KVH Industries, Inc. (KVHI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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KVHI Revenue Growth
Revenue Breakdown (FY 2025)
KVHI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
KVHI Revenue Analysis (2014–2025)
As of May 8, 2026, KVH Industries, Inc. (KVHI) generated trailing twelve-month (TTM) revenue of $117.9 million, reflecting exceptional growth of +27.2% year-over-year. The most recent quarter (Q1 2026) recorded $32.3 million in revenue, up 5.9% sequentially.
Looking at the longer-term picture, KVHI's 5-year compound annual growth rate (CAGR) stands at -6.9%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $184.6 million in 2015.
Revenue diversification analysis shows KVHI's business is primarily driven by Service (89%), and Product (11%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including GSAT (+8.5% YoY), GILT (+47.9% YoY), and VSAT (+2.1% YoY), KVHI has underperformed the peer group in terms of revenue growth. Compare KVHI vs GSAT →
KVHI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| KVHICurrent | $118M | +27.2% | -6.9% | -10.1% | |
 GSAT | $250M | +8.5% | +13.7% | -0.4% | |
 GILT | $452M | +47.9% | +22.1% | 4.5% | |
 VSAT | $4.5B | +2.1% | +14.4% | -2.2% | |
 SHEN | $358M | -18.8% | +10.1% | -6.2% | |
 IRDM | $872M | +4.1% | +8.4% | 27.1% |
KVHI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $111.0M | -2.5% | $27.5M | 24.8% | $-11,171,000 | -10.1% |
| 2024 | $113.8M | -14.0% | $35.2M | 30.9% | $-11,883,000 | -10.4% |
| 2023 | $132.4M | -4.6% | $37.9M | 28.6% | $-17,345,000 | -13.1% |
| 2022 | $138.8M | +3.6% | $52.5M | 37.8% | $-5,725,000 | -4.1% |
| 2021 | $133.9M | -15.6% | $45.8M | 34.2% | $-19,595,000 | -14.6% |
| 2020 | $158.7M | +0.5% | $57.6M | 36.3% | $-22,937,000 | -14.5% |
| 2019 | $157.9M | -7.5% | $53.8M | 34.0% | $-21,096,000 | -13.4% |
| 2018 | $170.8M | +6.7% | $70.7M | 41.4% | $-7,164,000 | -4.2% |
| 2017 | $160.1M | -9.1% | $69.9M | 43.7% | $-8,764,000 | -5.5% |
| 2016 | $176.1M | -4.6% | $76.8M | 43.6% | $-1,322,000 | -0.8% |
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Start ComparisonKVHI — Frequently Asked Questions
Quick answers to the most common questions about buying KVHI stock.
Is KVHI's revenue growth accelerating or slowing?
KVHI revenue is accelerating at +27.2% year-over-year, exceeding the 5-year CAGR of -6.9%. TTM revenue reached $118M. Growth momentum has increased versus prior periods.
What is KVHI's long-term revenue growth rate?
KVH Industries, Inc.'s 5-year revenue CAGR of -6.9% reflects the sustained expansion pattern. Current YoY growth of +27.2% is above this long-term average.
How is KVHI's revenue distributed by segment?
KVHI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.