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KVH INDUSTRIES INC \DE\ (KVHI)

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for KVH INDUSTRIES INC \DE\.

Executives

Executive leadership at KVH INDUSTRIES INC \DE\.

Brent Bruun

Detailed

President and Chief Executive Officer

CEO

Anthony Pike

Detailed

Chief Financial Officer and Chief Accounting Officer

Felise Feingold

Detailed

Senior Vice President, General Counsel, Compliance Officer, Chief Data Privacy Officer, and Secretary

Board Members

Board of directors at KVH INDUSTRIES INC \DE\.

David Kagan

Detailed

Director

David Tolley

Detailed

Chairman of the Board

Joseph Spytek

Detailed

Director

Stephen Deckoff

Detailed

Director

Analyst Coverage

Research analysts who have asked questions during KVH INDUSTRIES INC \DE\ earnings calls.

Christopher Quilty

Quilty Space

5 questions for KVHI

Also covers: ASTS, BKSY, GILT +7 more

Latest news

Recent press releases and 8-K filings for KVHI.

KVHI Reports Q3 2025 Service Revenue Growth and Strategic Acquisitions
KVHI
Earnings
Revenue Acceleration/Inflection
M&A
  • KVH Industries reported Q3 2025 service revenue of $25.4 million, a 10% sequential increase and 4% year-over-year increase, driven by a strategic focus on LEO Airtime revenue and subscriber growth. The company also achieved a record 1,600 terminal shipments and an 11% sequential increase in total subscribing vessels to approximately 9,000, marking a 26% year-to-date growth.
  • The company's adjusted EBITDA for Q3 2025 was $1.4 million, with an ending cash balance of $72.8 million, an increase of $16.9 million from the beginning of the quarter. Product gross profit was negative $6.8 million, impacted by a $5.5 million VSAT inventory write-down, and airtime gross margin decreased to 31.9% due to declining GEO airtime margins.
  • KVH Industries completed the sale of its Middletown, Rhode Island facility for $7.8 million in net proceeds and acquired a maritime communications customer base in Asia-Pacific, which is expected to add over 500 net new vessels and over 4,400 land-based subscribers in Q4.
Nov 6, 2025, 2:00 PM
Transcript
KVH Industries Reports Q3 2025 Financial Results
KVHI
Earnings
Demand Weakening
New Projects/Investments
  • KVH Industries reported total revenues of $28.5 million for Q3 2025, a 2% decrease year-over-year from $29.0 million in Q3 2024, but a 7% sequential increase from Q2 2025.
  • The company posted a net loss of $6.9 million, or $0.36 per share, in Q3 2025, a substantial increase from the $1.2 million net loss, or $0.06 per share, in Q3 2024, largely impacted by a $5.5 million inventory write-down.
  • Non-GAAP adjusted EBITDA declined to $1.4 million in Q3 2025 from $2.9 million in Q3 2024.
  • Service revenues increased by $1.0 million year-over-year, with LEO service sales growing to over 40% of airtime service sales in Q3 2025, up from less than 15% in Q3 2024, and the subscribing vessel count increased by a record 11% sequentially to approximately 9,000.
Nov 6, 2025, 1:37 PM
8-K

Earnings Transcripts

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