KVH Industries demonstrated strong growth in vessel subscribers and service revenue, reinforced by strategic acquisitions and asset sales. However, the company faced challenges with declining product gross profit and reduced airtime margins, primarily due to inventory write-downs and price reductions.

Company Guidance

During the Q3 2025 earnings call for KVH Industries, guidance highlighted positive momentum with several key metrics. The company reported a 10% sequential increase in service revenue to $25.4 million, and a 4% increase from Q3 2024, despite a significant drop in U.S. Coast Guard revenue compared to last year. The subscriber base for vessels grew by 11% from the second quarter, reaching approximately 9,000 vessels, marking a 26% increase year-to-date. KVH achieved record shipments of 1,600 satellite communication terminals in the quarter, driven by demand for Starlink and OneWeb LEO services. The sale of their Middletown, Rhode Island facility generated $8 million in net proceeds, and the acquisition of a customer base in the Asia Pacific region is expected to add over 800 vessels to their network. Operating expenses remained flat at $9.5 million, while adjusted EBITDA was reported at $1.4 million. Capital expenditure for the quarter was $1.6 million. The company anticipates improved product margins in Q4 and is negotiating a new data pool with Starlink to support ongoing subscriber growth.

Record Vessel Subscriber Growth

KVH Industries reported a new record for vessel subscriber growth, with the total subscribing vessel count increasing by 11% to approximately 9,000 compared to the second quarter, and up 26% year-to-date.

Service Revenue Growth

Service revenue for Q3 was $25.4 million, a 10% increase from the prior quarter and a 4% increase from Q3 2024, despite a significant decrease in U.S. Coast Guard revenue since the third quarter of last year.

Successful Acquisition in Asia Pacific

KVH completed the acquisition of a maritime communications customer base in the Asia Pacific, adding over 500 vessels to their service and increasing annual top-line revenue.

Sale of Middletown Facility

The sale of the Middletown, Rhode Island facility was successfully closed, generating approximately $8 million in net proceeds.

Cash Balance Increase

Ending cash balance was $72.8 million, up approximately $16.9 million from the beginning of the quarter.

KVH Industries (KVHI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

KVHI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 26, 2026	2025 (Q4)	0.02 / -	-0.22	―	―	―
Nov 06, 2025	2025 (Q3)	0.01 / -0.36	-0.06	-500.00% (-0.30)	―
Aug 07, 2025	2025 (Q2)	-0.03 / 0.05	-0.12	141.67% (+0.17)	―
May 07, 2025	2025 (Q1)	-0.04 / -0.09	-0.16	43.75% (+0.07)	―
Mar 06, 2025	2024 (Q4)	-0.04 / -0.22	-0.63	65.08% (+0.41)	―
Nov 07, 2024	2024 (Q3)	-0.05 / -0.06	-0.22	72.73% (+0.16)	―
Aug 01, 2024	2024 (Q2)	-0.09 / -0.12	0.05	-340.00% (-0.17)	―
May 06, 2024	2024 (Q1)	-0.19 / -0.16	0	―	―
Mar 15, 2024	2023 (Q4)	-0.03 / -0.63	0.03	-2200.00% (-0.66)	―
Nov 09, 2023	2023 (Q3)	-0.02 / -0.22	1.58	-113.92% (-1.80)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KVHI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 06, 2025	$6.02	$5.64	-6.31%
Aug 07, 2025	$5.22	$5.33	+2.11%
May 07, 2025	$5.00	$5.00	0.00%
Mar 06, 2025	$5.74	$5.37	-6.45%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Kvh Industries, Inc. (KVHI) report earnings?

Kvh Industries, Inc. (KVHI) is schdueled to report earning on Feb 26, 2026, TBA (Confirmed).

What is Kvh Industries, Inc. (KVHI) earnings time?

Kvh Industries, Inc. (KVHI) earnings time is at Feb 26, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KVHI EPS forecast?

KVHI EPS forecast for the fiscal quarter 2025 (Q4) is 0.02.

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