Kvh Inds Inc Financials

KVHI

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Key Financial Metrics

Revenue

$113.8M

YoY-14.0%

5Y CAGR-6.3%

10Y CAGR-4.1%

Kvh Inds Inc generated $113.8M in revenue in fiscal year 2024. This represents a decrease of 14.0% from the prior year.

EBITDA

$1.4M

YoY+136.2%

10Y CAGR-19.2%

Kvh Inds Inc's EBITDA was $1.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 136.2% from the prior year.

Free Cash Flow

-$20.6M

YoY-154.1%

Kvh Inds Inc generated -$20.6M in free cash flow in fiscal year 2024, representing cash available after capital expenditures. This represents a decrease of 154.1% from the prior year.

Net Income

-$11.0M

YoY+28.4%

Kvh Inds Inc reported -$11.0M in net income in fiscal year 2024. This represents an increase of 28.4% from the prior year.

EPS (Diluted)

$-0.57

YoY+29.6%

Kvh Inds Inc earned $-0.57 per diluted share in fiscal year 2024. This represents an increase of 29.6% from the prior year.

Cash & Debt

$50.6M

YoY+347.8%

5Y CAGR+22.5%

10Y CAGR+7.2%

Kvh Inds Inc held $50.6M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

20M

YoY+0.9%

5Y CAGR+1.9%

10Y CAGR+2.5%

Kvh Inds Inc had 20M shares outstanding in fiscal year 2024. This represents an increase of 0.9% from the prior year.

Gross Margin

N/A

Operating Margin

-10.4%

YoY+2.7pp

5Y CAGR+2.9pp

10Y CAGR-11.6pp

Kvh Inds Inc's operating margin was -10.4% in fiscal year 2024, reflecting core business profitability. This is up 2.7 percentage points from the prior year.

Net Margin

-9.7%

YoY+1.9pp

5Y CAGR-30.8pp

10Y CAGR-9.7pp

Kvh Inds Inc's net profit margin was -9.7% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.9 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$8.4M

YoY-10.2%

5Y CAGR-11.9%

10Y CAGR-5.0%

Kvh Inds Inc invested $8.4M in research and development in fiscal year 2024. This represents a decrease of 10.2% from the prior year.

Share Buybacks

YoY-100.0%

Kvh Inds Inc spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

$7.4M

YoY-30.2%

5Y CAGR-10.0%

10Y CAGR+3.8%

Kvh Inds Inc invested $7.4M in capital expenditures in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 30.2% from the prior year.

KVHI Income Statement

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Revenue	$113.8M-14.0%	$132.4M-4.6%	$138.8M+3.6%	$133.9M-15.6%	$158.7M+0.5%	$157.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$8.4M-10.2%	$9.4M-9.4%	$10.4M-6.3%	$11.1M-29.9%	$15.8M-0.8%	$15.9M
SG&A Expenses	$16.5M-12.6%	$18.9M-23.3%	$24.7M-14.4%	$28.8M+17.8%	$24.4M-4.1%	$25.5M
Operating Income	-$11.9M+31.5%	-$17.3M-203.0%	-$5.7M+70.8%	-$19.6M+14.6%	-$22.9M-8.7%	-$21.1M
Interest Expense	$2K+100.0%	$1K-66.7%	$3K-94.6%	$56K+211.1%	$18K-98.2%	$1.0M
Income Tax	$421K+32.4%	$318K-41.8%	$546K+605.6%	-$108K-162.1%	$174K+104.3%	-$4.0M
Net Income	-$11.0M+28.4%	-$15.4M-164.2%	$24.0M+346.1%	-$9.8M+55.5%	-$21.9M-166.0%	$33.3M
EPS (Diluted)	$-0.57+29.6%	$-0.81-162.8%	$1.29+338.9%	$-0.54+56.5%	$-1.24	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$28.5M+6.9%	$26.6M+4.8%	$25.4M	N/A	$29.0M+1.0%	$28.7M-2.0%	$29.3M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$969K+5.8%	$916K-22.8%	$1.2M	N/A	$1.4M-39.5%	$2.3M-23.4%	$3.0M	N/A
SG&A Expenses	$3.7M+3.1%	$3.6M+1.3%	$3.5M	N/A	$3.8M-8.3%	$4.1M-21.9%	$5.3M	N/A
Operating Income	-$7.6M-1962.4%	-$370K+83.5%	-$2.2M	N/A	-$2.0M+31.1%	-$2.9M+23.9%	-$3.8M	N/A
Interest Expense	$0	N/A	N/A	N/A	$2K	N/A	N/A	N/A
Income Tax	$16K-84.8%	$105K+320.0%	$25K	N/A	$51K+1800.0%	-$3K-103.8%	$78K	N/A
Net Income	-$6.9M-845.6%	$930K+154.4%	-$1.7M	N/A	-$1.2M+49.5%	-$2.4M+24.9%	-$3.2M	N/A
EPS (Diluted)	$-0.36-820.0%	$0.05+155.6%	$-0.09	N/A	$-0.06+50.0%	$-0.12+25.0%	$-0.16	N/A

KVHI Balance Sheet

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Total Assets	$155.1M-10.2%	$172.6M-12.0%	$196.3M+16.3%	$168.8M-8.1%	$183.6M-7.9%	$199.4M
Current Assets	$122.6M+3.2%	$118.8M-8.6%	$130.0M+48.0%	$87.8M-13.1%	$101.1M-7.5%	$109.3M
Cash & Equivalents	$50.6M+347.8%	$11.3M-46.4%	$21.1M+85.1%	$11.4M-9.6%	$12.6M-31.5%	$18.4M
Inventory	$23.0M+20.5%	$19.0M-16.2%	$22.7M+43.6%	$15.8M-35.8%	$24.7M+5.2%	$23.5M
Accounts Receivable	$21.6M-15.8%	$25.7M-6.4%	$27.4M-1.2%	$27.8M-17.6%	$33.7M+2.4%	$32.9M
Goodwill	N/A	$0-100.0%	$5.3M-19.2%	$6.6M-0.3%	$6.6M-57.2%	$15.4M
Total Liabilities	$16.5M-34.9%	$25.3M-33.2%	$37.8M-5.0%	$39.8M-23.0%	$51.7M+4.7%	$49.4M
Current Liabilities	$15.9M-36.4%	$25.0M-32.7%	$37.1M+9.6%	$33.9M-16.9%	$40.8M+6.2%	$38.4M
Long-Term Debt	N/A	N/A	N/A	$0-100.0%	$1.9M	$0
Total Equity	$138.6M-5.9%	$147.4M-7.0%	$158.4M+21.1%	$130.8M-0.8%	$131.9M-12.1%	$150.0M
Retained Earnings	-$12.8M-648.4%	-$1.7M-112.4%	$13.7M+212.8%	-$12.2M-406.5%	-$2.4M-112.3%	$19.5M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$150.3M-1.2%	$152.0M+0.4%	$151.4M-2.4%	$155.1M-7.0%	$166.7M-1.3%	$168.9M+0.3%	$168.4M-2.5%	$172.6M
Current Assets	$119.7M-2.7%	$123.0M+1.2%	$121.6M-0.8%	$122.6M-6.9%	$131.7M+11.1%	$118.5M+2.2%	$115.9M-2.4%	$118.8M
Cash & Equivalents	$72.8M+30.2%	$55.9M+15.1%	$48.6M-3.9%	$50.6M+251.3%	$14.4M+39.0%	$10.4M-9.5%	$11.4M+1.3%	$11.3M
Inventory	$13.4M-33.9%	$20.3M-7.8%	$22.0M-4.2%	$23.0M-8.9%	$25.2M+11.0%	$22.7M+19.0%	$19.1M+0.2%	$19.0M
Accounts Receivable	$24.3M-4.1%	$25.4M+9.3%	$23.2M+7.3%	$21.6M-12.7%	$24.8M-9.4%	$27.3M+5.2%	$26.0M+1.1%	$25.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0
Total Liabilities	$19.2M+40.8%	$13.7M+0.2%	$13.6M-17.2%	$16.5M-31.5%	$24.0M-5.9%	$25.5M+9.6%	$23.3M-7.8%	$25.3M
Current Liabilities	$15.2M+16.2%	$13.1M+0.3%	$13.1M-17.7%	$15.9M-32.8%	$23.6M-5.9%	$25.1M+9.6%	$22.9M-8.3%	$25.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$131.0M-5.3%	$138.4M+0.4%	$137.8M-0.6%	$138.6M-2.9%	$142.7M-0.5%	$143.4M-1.2%	$145.1M-1.6%	$147.4M
Retained Earnings	-$20.5M-51.2%	-$13.5M+6.4%	-$14.5M-13.4%	-$12.8M-51.1%	-$8.4M-16.6%	-$7.2M-48.8%	-$4.9M-185.6%	-$1.7M

KVHI Cash Flow Statement

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$13.2M-620.6%	$2.5M-71.6%	$8.9M+205.7%	$2.9M+194.5%	-$3.1M+78.3%	-$14.2M
Capital Expenditures	$7.4M-30.2%	$10.6M-26.1%	$14.4M-23.2%	$18.7M+33.2%	$14.1M+12.3%	$12.5M
Free Cash Flow	-$20.6M-154.1%	-$8.1M-47.4%	-$5.5M+65.3%	-$15.8M+7.7%	-$17.1M+35.8%	-$26.7M
Investing Cash Flow	$52.4M+456.0%	-$14.7M-4023.7%	$375K+105.6%	-$6.7M+27.8%	-$9.3M-120.2%	$46.0M
Financing Cash Flow	$110K-95.3%	$2.3M+230.9%	$708K-73.2%	$2.6M-62.9%	$7.1M+123.2%	-$30.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$239K	$0	$0-100.0%	$390K-69.9%	$1.3M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	-$1.3M	N/A	N/A	N/A	-$792K	N/A
Capital Expenditures	N/A	N/A	$1.1M	N/A	N/A	N/A	$2.4M	N/A
Free Cash Flow	N/A	N/A	-$2.4M	N/A	N/A	N/A	-$3.2M	N/A
Investing Cash Flow	N/A	N/A	-$557K	N/A	N/A	N/A	$871K	N/A
Financing Cash Flow	N/A	N/A	-$162K	N/A	N/A	N/A	$96K	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$163K	N/A	N/A	N/A	$0	N/A

KVHI Financial Ratios

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-10.4%+2.7pp	-13.1%-9.0pp	-4.1%+10.5pp	-14.6%-0.2pp	-14.4%-1.1pp	-13.4%
Net Margin	-9.7%+1.9pp	-11.7%-29.0pp	17.3%+24.6pp	-7.3%+6.5pp	-13.8%-34.9pp	21.1%
Return on Equity	N/A	N/A	15.2%	N/A	N/A	22.2%
Return on Assets	-7.1%+1.8pp	-8.9%-21.2pp	12.2%+18.0pp	-5.8%+6.2pp	-11.9%-28.6pp	16.7%
Current Ratio	7.72+3.0	4.76+1.3	3.50+0.9	2.59+0.1	2.48-0.4	2.85
Debt-to-Equity	0.12-0.1	0.17-0.1	0.24+0.2	0.00-0.0	0.01+0.0	0.00
FCF Margin	-18.1%-12.0pp	-6.1%-2.2pp	-4.0%+7.9pp	-11.8%-1.0pp	-10.8%+6.1pp	-16.9%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-26.8%-25.4pp	-1.4%+7.4pp	-8.8%	N/A	-6.9%+3.2pp	-10.1%+2.9pp	-13.0%	N/A
Net Margin	-24.4%-27.9pp	3.5%+10.2pp	-6.7%	N/A	-4.1%+4.2pp	-8.3%+2.5pp	-10.8%	N/A
Return on Equity	N/A	0.7%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-4.6%-5.2pp	0.6%+1.7pp	-1.1%	N/A	-0.7%+0.7pp	-1.4%+0.5pp	-1.9%	N/A
Current Ratio	7.87-1.5	9.39+0.1	9.31+1.6	7.72+2.1	5.58+0.9	4.72-0.3	5.06+0.3	4.76
Debt-to-Equity	0.15+0.0	0.100.0	0.10-0.0	0.12-0.0	0.170.0	0.18+0.0	0.16-0.0	0.17
FCF Margin	N/A	N/A	-9.6%	N/A	N/A	N/A	-10.9%	N/A

Frequently Asked Questions

What is Kvh Inds Inc's annual revenue?

Kvh Inds Inc (KVHI) reported $113.8M in revenue for fiscal year 2024.

How fast is Kvh Inds Inc's revenue growing?

Kvh Inds Inc (KVHI) revenue declined by 14% year-over-year, from $132.4M to $113.8M in fiscal year 2024.

Is Kvh Inds Inc profitable?

No, Kvh Inds Inc (KVHI) reported a net income of -$11.0M in fiscal year 2024, with a net profit margin of -9.7%.

What is Kvh Inds Inc's earnings per share (EPS)?

Kvh Inds Inc (KVHI) reported diluted earnings per share of $-0.57 for fiscal year 2024.

What is Kvh Inds Inc's EBITDA?

Kvh Inds Inc (KVHI) had EBITDA of $1.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Kvh Inds Inc's operating margin?

Kvh Inds Inc (KVHI) had an operating margin of -10.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Kvh Inds Inc's net profit margin?

Kvh Inds Inc (KVHI) had a net profit margin of -9.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Kvh Inds Inc's free cash flow?

Kvh Inds Inc (KVHI) generated -$20.6M in free cash flow during fiscal year 2024, representing cash available after capital expenditures.

What is Kvh Inds Inc's operating cash flow?

Kvh Inds Inc (KVHI) generated -$13.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Kvh Inds Inc's total assets?

Kvh Inds Inc (KVHI) had $155.1M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Kvh Inds Inc's capital expenditures?

Kvh Inds Inc (KVHI) invested $7.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Kvh Inds Inc spend on research and development?

Kvh Inds Inc (KVHI) invested $8.4M in research and development during fiscal year 2024.

How many shares does Kvh Inds Inc have outstanding?

Kvh Inds Inc (KVHI) had 20M shares outstanding as of fiscal year 2024.

What is Kvh Inds Inc's current ratio?

Kvh Inds Inc (KVHI) had a current ratio of 7.72 as of fiscal year 2024, which is generally considered healthy.

What is Kvh Inds Inc's debt-to-equity ratio?

Kvh Inds Inc (KVHI) had a debt-to-equity ratio of 0.12 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Kvh Inds Inc's return on assets (ROA)?

Kvh Inds Inc (KVHI) had a return on assets of -7.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.