KVHI · NASDAQ · Communication Equipment

KVH Industries

Delivers multi-orbit connectivity and managed services for maritime and mobile customers.

$7.52
After-hours close+0.02 (+0.27%)
At close$7.50(−2.85%)
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Profile

KVH Industries, Inc.KVHIInformation Technology

Provides multi-orbit connectivity, airtime, content, and network-management services for maritime and mobile customers. The service-led portfolio combines TracNet, TracPhone, TracVision, KVH ONE OpenNet, AgilePlans, and KVH Link while moving from in-house manufacturing to a hardware-agnostic model that increasingly relies on third-party hardware.

Delivers TracNet, TracPhone, and TracVision alongside integrated connectivity and IT solutions for commercial and leisure vessels, land-mobility users, and commercial applications. These offers use multi-orbit, multi-channel hybrid connectivity. They serve maritime and mobile markets.

KVH ONE OpenNet extends the offer to non-KVH antennas, while AgilePlans Connectivity as a Service and KVH Link add connectivity services and crew-wellbeing content. Dealers, distributors, and service providers support delivery.

Manufacturing activities are being wound down as the business moves from in-house hardware toward hardware-agnostic integrated solutions. The model increasingly relies on compatible third-party hardware.

Company facts

CEOBrent C. Bruun
ListedApr 2, 1996
ExchangeNASDAQ
HeadquartersBristol, RI
CountryUnited States
Employees300
CIK0001007587
ISINUS4827381017

Key statistics

Market cap$146.6M
EPS (ttm)−$0.3043
P/E (ttm)−24.71
ROE-4.5%
P/B1.12
P/S1.17
Dividend yield
Beta1.09vs XLK 0.48

Year to date +6.1% · Average volume (30d) 173.7K

Analysts

Price target, next 12 months$13.00+72.9%Median of 4 analysts · vs the Aug 28 close
ConsensusBuy3 of 4 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

No analyst notes in the last 24 months.

Earnings

EPS

Estimate$0.03
ReportedDue Nov 5, 2026

Revenue

Estimate$36.4M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26$0.04$0.03−25.0%$33.7M$33.7M+0.1%−14.71%
May 6, 2026Q1 FY26−$0.02$0.04+300.0%$30.6M$32.3M+5.8%−2.76%
Mar 10, 2026Q4 FY25$0.02$0.05+150.0%$29.3M$30.5M+4.0%−0.74%
Nov 6, 2025Q3 FY25$0.01−$0.12−1,300.0%$29.3M$28.5M−3.0%−2.30%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$25.4M$26.6M$28.5M$30.5M$32.3M$33.7M
Gross profit$7.4M$9.1M$1.9M$9.0M$9.6M$10.1M
Operating income−$2.2M−$370.0K−$7.6M−$927.0K−$118.0K−$76.0K
Net income−$1.7M$930.0K−$6.9M$331.0K$588.0K$163.0K
Diluted EPS−$0.09$0.05−$0.36$0.02$0.03$0.01
Gross margin29.3%34.3%6.7%29.5%29.6%30.0%
Operating margin-8.8%-1.4%-26.8%-3.0%-0.4%-0.2%

Fiscal years (4-quarter sums)FY21 $163.2M · FY22 $138.9M · FY23 $131.9M · FY24 $113.8M · FY25 $111.0M

Revenue by product · Q2 FY26

Service$29.7M · 88%
Product$4.0M · 12%

Balance sheet, Jun 30, 2026Cash & short-term investments $57.7M · Total debt $4.7M · Total assets $151.0M · Shareholders' equity $130.4M

Dividends

No dividends on record.

Ownership

Institutions 52.98%10.33M sharesInsiders 20.22%3.94M sharesOther 26.80%5.23M shares

Shares outstanding 19.50M · Float 12.67M · 65.0% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Stephen H. Deckoff · director, 10 percent owner: 3.51M17.99%Form 4Aug 24, 2026
Black Diamond Capital Management I, LLLP3.50M17.96%13FMay 15, 2026
BDCM CT, L.L.C.3.41M17.60%13DAug 26, 2025
Radoff Bradley Louis · 10 percent owner2.47M12.67%Form 4May 29, 2026
Systematic Financial Management LP906.2K4.65%13FMay 13, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 10, 2026Brent C. Bruundirector, officer: CEO−2,230$7.60
Jun 10, 2026Felise Feingoldofficer: SVP General Counsel−1,862$7.60
May 27, 2026Bradley Louis Radoff10 percent owner−35,000$11.20
Mar 10, 2026Brent C. Bruundirector, officer: CEO−2,049$6.64
Mar 10, 2026Felise Feingoldofficer: SVP General Counsel−1,594$6.64
View details

Peers

  • Viasat

    Maritime broadband and managed multi-orbit connectivity

  • Iridium Communications

    Global voice and data satellite services for maritime users

CompareAfter-hours close

CompanyPriceChange
KVH Industries$7.52+0.27%$146.6M20.81.2+26.7%
Viasat$67.99+0.95%$9.28B2.0−1.2%
Iridium Communications$46.50−0.24%$4.94B53.040.75.6+3.8%
Median53.040.73.8+1.3%