KVH Industries, Inc.
KVHI · Price history
Price at last available close
$7.73
+$0.48 (+6.62%) 1M
2026-10-28
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Company & revenue
About KVH Industries, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
KVH Industries, Inc., together with its subsidiaries, designs, develops, manufactures, and markets mobile connectivity and managed services for the marine and land mobile markets. The company offers Internet and VoIP airtime services; AgilePlans, a connectivity as a Service solution; CommBox, a data management software for maritime communications; CommBox Edge, an advanced maritime network optimization and management solution; KVH Link, a crew wellbeing content subscription service; KVH ONE, a global hybrid communication network supporting Internet, VoIP, content delivery, and other; and KVH OneCare, a services and support for TracNet and TracPhone systems. It also provides MOVIElink, a movie distribution solution; MUSIClink, a music and karaoke delivery solution; NEWSlink, a maritime news delivery solution; OpenNet, a KVH VSAT data delivering service for non-KVH Ku-band VSAT terminals; TracNet, an integrated hybrid two-way communication terminal with VSAT, 5G/LTE, and shore-based Wi-Fi; TracPhone, a two-way VSAT-only satellite communications system; TracVision, a satellite television antenna system for vessels, recreational vehicles; TVlink, a television programming delivery solution; and Starlink terminals and data services.
How they make money
KVH Industries generates revenue primarily through subscription-based airtime services for maritime connectivity, including LEO and HTS satellite data, VoIP, and cellular services. The company also earns revenue from the sale of mobile connectivity hardware, content delivery services for crew wellbeing, and technical support programs.
Products & services
Mobile connectivity solutions including KVH ONE hybrid network, satellite airtime (Starlink, OneWeb, VSAT), cellular services, CommBox network management software, and maritime entertainment content.
Brands & revenue mix
Global hybrid communication network.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
The company does not disclose specific major customers, but notes that its business model relies on a broad network of dealers, distributors, and service providers for the fiscal year ended 2025-12-31.
Suppliers, materials & equipment
- Satellite Network Operators — Providers of satellite capacity including SES, Starlink, Eutelsat OneWeb, and Iridium.Source
Business relationships & partnerships
Competitors
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.
Quarterly EPS fell 82.6% versus the same quarter last year.
Review net income and weighted-average shares together. Per-share earnings can change because of operating performance, nonrecurring items or the share denominator.
Total debt increased 283.8% versus the same quarter last year.
Compare the added borrowing with available cash, cash generation and maturities. A percentage increase from a small starting balance can look large without measuring the full debt burden.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
27
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
36
Poor
Financial Strength
24
Business Quality / Moat
47
Management
40
Growth Quality
47
Risk / Durability
15
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
24
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
36/100
Building Historical Record
Model Score 36/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Recent buyback activity is present
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
- •Asset quality is a weaker factor
Company-specific research
Questions worth answering for KVHI
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can KVHI maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is KVHI's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •How is KVHI likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What specifically needs to improve for KVHI to reach sustainable profitability?
- •What future growth or profitability would be needed to justify KVHI's current valuation?
Essential Investment Snapshot
Wall Street Score
27
Opportunity Score
24
Market Cap
$140.2M
P/E Ratio
-22.4
EPS
$-0.30
52-Week High
$13.00
52-Week Low
$5.09
Beta
0.43
Analyst Target
$13.00
Shares Outstanding
19.4M
Total Revenue
$125.0M
Total Debt
$4.7M
Dividend
No current dividend
Liquidation Value / Share
$6.72
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Building upward momentum
Normal movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for KVHI
Detected from reported data — verify before acting.Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total callsNo personal call yet on KVHI.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Debt-free balance sheet.
- +Multi-orbit connectivity portfolio.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Communication Equipment industry.
- −Dependence on third-party satellite network operators.
- −Rapid technological changes in satellite communications.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
2 historical score records availablePrevious Score
26
Jul 24, 2026
Change
+1.5
points
Current Score
27
Oct 1, 2026
Category Changes
KVHI increased 1.5 points because Revenue improved by 9.1 points, Asset improved by 6.2 points, Buffett improved by 2.7 points.
Positive Contributors
- + Revenue improved by 9.1 points
- + Asset improved by 6.2 points
- + Buffett improved by 2.7 points
Projected Score
Projected Score
20
Projected Change
-7.2 points
Preliminary comparable-period financial changes suggest decline of approximately 7.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$7.73
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $125.0M | $111.0M | $113.8M | $132.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $94.4M | $83.5M | $78.6M | $94.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $30.6M | $27.5M | $35.2M | $37.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $2.9M | $3.5M | $8.4M | $9.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $37.2M | $35.7M | $37.5M | $39.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $39.4M | $38.7M | $47.1M | $55.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $2.9M | $3.2M | $2.7M | -$1.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$8.8M | -$11.2M | -$11.9M | -$17.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $0.00 | $0.00 | $2K | $1K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$5.8M | -$7.5M | -$10.6M | -$15.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $67K | -$131K | $421K | $318K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$5.9M | -$7.4M | -$11.0M | -$15.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-0.30 | $-0.38 | $-0.57 | $-0.81 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 19.39M | 19.40M | 19.39M | 19.13M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 19.67M | 19.40M | 19.39M | 19.13M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$33.7M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.01
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+283.8%
Cash Change
+3.2%
Margin Change
-3.0 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Cash position grew
What Weakened
- Margins contracted
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, cash levels. Pressure indicators included EPS growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 26.7%. EPS declined 82.6%. Cash increased 3.2%. Total debt increased 283.8%. Net income margin declined by 3.0 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
2 historical records2 historical score records available.
Historical Score Chart
2 of 2 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · KVHI
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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