The earnings call highlighted significant achievements such as record subscriber growth, strong performance in the Starlink and OneWeb segments, and improved airtime gross margins. However, challenges include a year-over-year revenue decline and pending facility sales. Overall, the positive aspects and strategic progress outweigh the challenges.

Company Guidance -

Q2 2025

In the Q1 2025 earnings call for KVH Industries, Inc., significant metrics and guidance were discussed, highlighting both challenges and positive developments. The company reported a year-over-year revenue decline to $25.4 million, primarily due to reduced revenue from their VSAT airtime service following the loss of a U.S. Coast Guard contract. However, gross profit saw sequential growth from Q4 2024, with airtime gross margin increasing to 31.5% from 28.2%, and even higher at 44.1% when excluding depreciation. The subscriber base expanded by 5% sequentially, reaching over 7,400 vessels, driven by strong demand for Starlink services, which contributed to a 3% increase in airtime gross margin from Q4. The company also recorded its fifth consecutive record quarter for connectivity terminal shipments, surpassing 1,300 units, with significant contributions from Starlink, TracNet, TracFone, and new OneWeb terminals. Product shipments rose 33% compared to the previous quarter, and active CommBox Edge subscribers increased by 35%. Despite an operating expense increase to $9.7 million, adjusted EBITDA reached $1 million. KVH is confident in maintaining positive cash flow, bolstered by strategic cost management and growth in its LEO business, while mitigating potential impacts from tariffs and transitions in their GEO segment.

Subscriber Growth and Product Shipments

KVH Industries achieved record-breaking subscriber growth with a 5% increase in subscribing vessels from Q4 2024, totaling over 7,400 vessels. The company also reported its fifth consecutive record quarter for product shipments, with more than 1,300 connectivity terminals shipped.

Strong Performance of Starlink and OneWeb

Starlink revenue continued to increase as a percentage of total revenue, with Starlink terminals driving subscriber growth. The company also successfully added OneWeb terminals to its portfolio, seeing significant interest in service, particularly outside the U.S.

Increase in Airtime Gross Margin

Airtime gross margin improved to 31.5% from 28.2% in the prior quarter, driven by a reduction in GEO bandwidth commitments and strong LEO margins.

Launch of CommBox Edge Secure Suite

KVH announced the launch of CommBox Edge Secure Suite, designed to detect, prevent, and report on cybersecurity threats, utilizing advanced technology including Cisco Talos and Cisco Snort.

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
Aug 07, 2025	2025 (Q2)	-0.03 / -	-0.12	―	―	―
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)	―
Aug 09, 2023	2023 (Q2)	0.06 / 0.05	-0.08	162.50% (+0.13)	―
May 04, 2023	2023 (Q1)	0.03 / 0.00	-0.25	―	―

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
May 07, 2025	$5.00	$5.00	0.00%
Mar 06, 2025	$5.74	$5.37	-6.45%
Nov 07, 2024	$4.59	$4.51	-1.74%
Aug 01, 2024	$4.45	$4.58	+2.92%

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 (KVHI) report earnings?

KVH Industries (KVHI) is schdueled to report earning on Aug 07, 2025, TBA (Confirmed).

What is KVH Industries (KVHI) earnings time?

KVH Industries (KVHI) earnings time is at Aug 07, 2025, 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 (Q2) is -0.03.

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