KVH Industries Inc. (KVHI)
Nasdaq · Communications Services, Nec · Transportation, communications and utilities · CIK 1007587 · fiscal year ends in Dec
Closing price $7.40 on 30 Oct 2026; 52-week range $5.26 to $11.69.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $125.0M
- Revenue growth
- 15.8%
- Net income, last twelve months
- -$5.9M
- Earnings per share
- -$0.30
- Gross margin
- 25.1%
- Operating margin
- -7.0%
- Net margin
- -4.7%
- Free cash flow
- -$744.0K
- Return on equity
- -4.5%
- Market value
- $142.8M
- Cash
- $57.7M
- Debt
- $0
- Debt to equity
- 0.00
- Shares outstanding
- 19.3M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $111.0M | -$11.2M | -$7.4M | -$0.38 | $9.8M | 10-K filed 10 Mar 2026 |
| FY2024 | 31 Dec 2024 | $113.8M | -$11.9M | -$11.0M | -$0.57 | -$20.6M | 10-K filed 10 Mar 2025 |
| FY2023 | 31 Dec 2023 | $132.4M | -$17.3M | -$15.4M | -$0.81 | -$8.1M | 10-K filed 15 Mar 2024 |
| FY2022 | 31 Dec 2022 | $138.8M | -$5.7M | $24.0M | $1.29 | -$5.5M | 10-K filed 15 Mar 2024 |
| FY2021 | 31 Dec 2021 | $133.9M | -$19.6M | -$9.8M | -$0.54 | -$15.8M | 10-K filed 11 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $33.7M | $163.0K | $0.01 |
| Q1 FY2026 | 31 Mar 2026 | $32.3M | $588.0K | $0.03 |
| Q4 FY2025 | 31 Dec 2025 | $30.5M | $331.0K | $0.02 |
| Q3 FY2025 | 30 Sep 2025 | $28.5M | -$6.9M | -$0.36 |
| Q2 FY2025 | 30 Jun 2025 | $26.6M | $930.0K | $0.05 |
| Q1 FY2025 | 31 Mar 2025 | $25.4M | -$1.7M | -$0.09 |
| Q4 FY2024 | 31 Dec 2024 | $26.9M | -$4.3M | -$0.22 |
| Q3 FY2024 | 30 Sep 2024 | $29.0M | -$1.2M | -$0.06 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Service | $98.4M | 88.6% |
| Product | $12.6M | 11.4% |
Company events
The newest 8-K filings of 190 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 6 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 12 Jun 2026 | 8-K | Shareholder vote | 5.07 |
| 6 May 2026 | 8-K | Results | 2.02, 9.01 |
| 10 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 6 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 14 Oct 2025 | 8-K | Other events | 8.01 |
| 7 Aug 2025 | 8-K | Results | 2.02, 9.01 |
| 6 Jun 2025 | 8-K | Shareholder vote | 5.07 |
| 7 May 2025 | 8-K | Results | 2.02, 9.01 |
| 6 Mar 2025 | 8-K | Results | 2.02, 9.01 |
| 10 Dec 2024 | 8-K | Material agreement, Other events | 1.01, 8.01 |
| 7 Nov 2024 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 479 held.
| Filed | Form | Period |
|---|---|---|
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 12 Jun 2026 | 8-K | 10 Jun 2026 |
| 28 May 2026 | SD | – |
| 6 May 2026 | 10-Q | 31 Mar 2026 |
| 6 May 2026 | 8-K | 6 May 2026 |
| 28 Apr 2026 | ARS | 31 Dec 2025 |
| 28 Apr 2026 | DEF 14A | 10 Jun 2026 |
| 10 Mar 2026 | 10-K | 31 Dec 2025 |
| 10 Mar 2026 | 8-K | 10 Mar 2026 |
| 6 Nov 2025 | 10-Q | 30 Sep 2025 |
| 6 Nov 2025 | 8-K | 6 Nov 2025 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 12 Oct 2026 | Bruun Brent C, CEO | Sale outside a trading plan | 662 | $6.54 | $4.3K | 166,732 | 13 Oct 2026 |
| 10 Jun 2026 | Feingold Felise, SVP General Counsel | Sale outside a trading plan | 1,862 | $7.60 | $14.1K | 67,792 | 12 Jun 2026 |
| 10 Jun 2026 | Bruun Brent C, CEO | Sale outside a trading plan | 2,230 | $7.60 | $16.9K | 167,394 | 12 Jun 2026 |
| 27 May 2026 | Radoff Bradley Louis, 10% owner | Sale outside a trading plan | 10,941 | $10.78 | $117.9K | 314,059 | 29 May 2026 |
| 27 May 2026 | Radoff Bradley Louis, 10% owner | Sale outside a trading plan | 24,059 | $11.39 | $274.1K | 290,000 | 29 May 2026 |
| 10 Mar 2026 | Feingold Felise, SVP General Counsel | Sale outside a trading plan | 1,594 | $6.64 | $10.6K | 69,654 | 12 Mar 2026 |
| 10 Mar 2026 | Bruun Brent C, CEO | Sale outside a trading plan | 2,049 | $6.64 | $13.6K | 169,624 | 12 Mar 2026 |
| 18 Feb 2026 | Bruun Brent C, CEO | Sale outside a trading plan | 3,537 | $6.38 | $22.6K | 171,673 | 19 Feb 2026 |
| 18 Feb 2026 | Feingold Felise, SVP General Counsel | Sale outside a trading plan | 1,715 | $6.38 | $10.9K | 71,248 | 19 Feb 2026 |
| 12 Feb 2026 | Radoff Bradley Louis, 10% owner | Purchase | 30,000 | $6.26 | $187.9K | 2,180,000 | 12 Feb 2026 |
| 9 Dec 2025 | Deckoff Stephen H, Director | Purchase | 60,201 | $6.02 | $362.2K | 3,498,596 | 9 Dec 2025 |
| 8 Dec 2025 | Deckoff Stephen H, Director | Purchase | 2,461 | $6.05 | $14.9K | 3,438,395 | 9 Dec 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 27 Oct 2026 | BlackRock, Inc. | 13G | 5.4% | 981.9K |
| 14 Aug 2026 | SYSTEMATIC FINANCIAL MANAGEMENT LP | 13G amended | 4.48% | 872.9K |
| 11 Aug 2026 | JEC II Associates, LLC | 13G amended | 6.6% | 1.2M |
| 10 Feb 2026 | SYSTEMATIC FINANCIAL MANAGEMENT LP | 13G | 5.5% | 1.1M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 924.4K | +16.47% | 10.66 |
| 30 Sep 2026 | 793.7K | -0.36% | 7.34 |
| 15 Sep 2026 | 796.5K | -7.2% | 7.25 |
| 31 Aug 2026 | 858.3K | +1.3% | 6.17 |
| 14 Aug 2026 | 847.3K | +11.18% | 4.07 |
| 31 Jul 2026 | 762.1K | -0.65% | 4.27 |
| 15 Jul 2026 | 767.0K | +5.71% | 2.98 |
| 30 Jun 2026 | 725.6K | +129.84% | 1.48 |
Funds that hold it
From each fund's latest Form 13F.
108 funds held it at 30 Jun 2026: 66 added and 22 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Black Diamond Capital Management I, LLLP | 3,508,824 | $34.8M | +6,819 |
| BlackRock, Inc. | 998,049 | $9.9M | +523,540 |
| Systematic Financial Management LP | 872,933 | $8.7M | -33,281 |
| Dimensional Fund Advisors LP | 686,015 | $6.8M | -51,321 |
| First Eagle Investment Management, LLC | 566,652 | $5.6M | – |
| Tema Etfs LLC | 546,272 | $5.4M | +545,096 |
| Tidal Investments LLC | 546,272 | $5.4M | +546,272 |
| Vanguard Capital Management LLC | 541,405 | $5.4M | -156,056 |
| Acadian Asset Management LLC | 420,205 | $4.2M | +331,764 |
| Needham Investment Management LLC | 385,000 | $3.8M | 0 |
Peers
Companies in the same industry.
- EchoStar Corp. (ECHO): revenue $14.7B, market value $28.2B
- AST SpaceMobile, Inc. (ASTS): revenue $115.3M, market value $15.9B
- Globalstar, Inc. (GSAT): revenue $280.6M, market value $10.7B
- Viasat Inc. (VSAT): revenue $4.6B, market value $10.6B
- Iridium Communications Inc. (IRDM): revenue $903.0M, market value $4.8B
- Calix, Inc. (CALX): revenue $1.1B, market value $2.3B
- Spire Global, Inc. (SPIR): revenue $62.4M, market value $360.1M
- Cogent Communications Holdings, Inc. (CCOI): revenue $957.2M, market value $345.2M
- Gogo Inc. (GOGO): revenue $903.3M, market value $319.8M