KVH Industries, Inc. (KVHI) — Financial statements
Income statement, balance sheet, and cash flow for KVH Industries, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 111↓2.5% | 114↓14.0% | 132↓4.6% | 139↑3.6% | 134 | |
| Cost of Revenue | 84↑6.2% | 79↓16.8% | 95↑9.6% | 86↓2.1% | 88 | |
| Gross Profit | 28↓21.9% | 35↓7.0% | 38↓27.9% | 52↑14.6% | 46 | |
| Operating Expenses | ||||||
| R&D Expenses | 3↓59.0% | 8↓10.2% | 9↓9.4% | 10↓6.3% | 11 | |
| General & Administrative Expenses | 15↓7.4% | 17↓12.6% | 19↓23.3% | 25↓14.4% | 29 | |
| Selling & Marketing Expenses | 20↓2.7% | 21↑0.4% | 21↓9.8% | 23↓9.2% | 26 | |
| SG&A Expenses | 36↓4.8% | 38↓5.8% | 40↓16.8% | 48↓11.9% | 54 | |
| Other Expenses | -0.52↓145.6% | 1↓81.0% | 6 | 0.00 | 0.00 | |
| Operating Expenses | 39↓17.9% | 47↓14.7% | 55↓5.2% | 58↓11.0% | 65 | |
| Total Costs & Expenses | 122↓2.8% | 126↓16.0% | 150↑3.6% | 144↓5.9% | 154 | |
| Operating Results | ||||||
| Operating Income | -11↑6.0% | -12↑31.5% | -17↓203.0% | -6↑70.8% | -20 | |
| Depreciation & Amortization | 11↓19.6% | 13↓1.0% | 13↑0.2% | 13↓8.2% | 15 | |
| EBITDA | -0.48↓117.8% | 3↑260.5% | -2↓116.7% | 10↑231.7% | 3 | |
| EBIT | -11↓5.1% | -11↑29.6% | -15↓338.3% | -3↑70.3% | -12 | |
| Interest & Other Income | ||||||
| Net Interest Income | 3↓15.4% | 3↓16.7% | 4↑142.4% | 2↑81.2% | 0.83 | |
| Interest Income | 3↓15.5% | 3↓16.6% | 4↑141.9% | 2↑70.1% | 0.89 | |
| Interest Expense | 0.00↓100.0% | 0.00↑100.0% | 0.00↓66.7% | 0.00↓94.6% | 0.06 | |
| Non-Operating Income | 0.00↑100.0% | -1↑43.9% | -2↑1.6% | -2↑71.5% | -8 | |
| Other Income / Expenses | 4↑191.2% | 1↓44.0% | 2↓1.5% | 2↓71.3% | 8 | |
| Income Before Tax | -8↑29.3% | -11↑29.6% | -15↓337.9% | -3↑70.4% | -12 | |
| Income Tax Expense | -0.13↓131.1% | 0.42↑32.4% | 0.32↓41.8% | 0.55↑605.6% | -0.11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -7↑33.2% | -11↑28.4% | -15↓286.0% | -4↑65.4% | -12 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↓100.0% | 28↑1471.8% | 2 | |
| Net Income | -7↑33.2% | -11↑28.4% | -15↓164.2% | 24↑346.1% | -10 | |
| Bottom-Line Net Income | -7↑33.2% | -11↑28.4% | -15↓164.2% | 24↑346.1% | -10 | |
| EPS (Basic) | -0.38↑33.3% | -0.57↑29.6% | -0.81↓285.7% | -0.21↑61.1% | -0.54 | |
| EPS (Diluted) | -0.38↑33.3% | -0.57↑29.6% | -0.81↓285.7% | -0.21↑61.1% | -0.54 | |
| Weighted Average Shares | 19↑0.0% | 19↑1.4% | 19↑2.7% | 19↑2.3% | 18 | |
| Weighted Average Diluted Shares | 19↑0.0% | 19↑1.4% | 19↑2.7% | 19↑2.3% | 18 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.