KVH Industries, Inc. (KVHI) Income Statement Analysis

See more : Atlantic China Welding Consumables, Inc. (600558.SS) Income Statement Analysis – Financial Results

Complete financial analysis of KVH Industries, Inc. (KVHI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of KVH Industries, Inc., a leading company in the Communication Equipment industry within the Technology sector.

You may be interested

KVH Industries, Inc. (KVHI)

Industry: Communication Equipment

Sector: Technology

Website: https://www.kvh.com

About KVH Industries, Inc.

KVH Industries, Inc. designs, develops, manufactures, and markets mobile connectivity products and services for the marine and land mobile markets in the United States and internationally. The company operates through Mobile Connectivity and Inertial Navigation segments. The company offers mobile satellite TV and communications products; two-way satellite communications systems; onboard TracPhone terminals and hub equipment; data management software; and Iridium OpenPort hardware products and services. It also offers airtime plans that enable customers to obtain Internet and voice services; and value-added, and news and radio content services to retail customers. In addition, the company provides navigation, guidance, and stabilization products for the commercial and defense markets comprising precision fiber optic gyro-based systems; tactical navigation systems for tactical trucks and light armored vehicles; and commercial products, such as navigation and positioning systems for various applications consisting of precision mapping, dynamic surveying, autonomous vehicles, train location control and track geometry measurement systems, industrial robotics, and optical stabilization applications. Further, it offers content, maritime news, sporting content, and television programming delivery services; movie distribution services; and services and support for the mini-VSAT Broadband solution, as well as IoT connectivity as a service. The company sells its mobile communications products through a network of independent retailers, chain stores, distributors, and service providers, as well as to manufacturers of vessels, maritime equipment, and vehicles; and navigation products directly to the United States and foreign governments, and government contractors, as well as through authorized independent sales representatives. It also sells and leases its products directly to end users. KVH Industries, Inc. was founded in 1978 and is headquartered in Middletown, Rhode Island

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue	132.38M	138.88M	171.77M	158.73M	157.89M	170.76M	160.09M	176.12M	184.63M	172.59M	162.29M	137.11M	112.54M	112.24M	89.06M	82.40M	80.92M	78.97M	71.26M	62.30M	56.67M	47.69M	32.71M	29.95M	22.82M	20.60M	25.60M	25.70M	14.20M
Cost of Revenue	94.51M	86.28M	111.97M	101.13M	104.14M	100.10M	90.17M	99.30M	102.22M	99.14M	96.58M	82.14M	67.57M	67.43M	56.75M	48.68M	48.45M	47.17M	41.59M	39.93M	33.80M	26.50M	20.26M	17.43M	13.97M	13.30M	13.30M	14.30M	8.30M
Gross Profit	37.87M	52.60M	59.80M	57.61M	53.75M	70.66M	69.92M	76.82M	82.41M	73.45M	65.71M	54.97M	44.97M	44.81M	32.31M	33.72M	32.47M	31.81M	29.67M	22.37M	22.88M	21.19M	12.45M	12.52M	8.85M	7.30M	12.30M	11.40M	5.90M
Gross Profit Ratio	28.61%	37.87%	34.81%	36.29%	34.04%	41.38%	43.68%	43.62%	44.64%	42.56%	40.49%	40.09%	39.96%	39.92%	36.28%	40.92%	40.12%	40.27%	41.64%	35.90%	40.37%	44.43%	38.07%	41.81%	38.78%	35.44%	48.05%	44.36%	41.55%
Research & Development	9.40M	10.37M	17.77M	15.80M	15.93M	14.95M	15.86M	16.03M	14.04M	14.10M	12.99M	12.15M	11.55M	10.72M	8.81M	7.65M	9.27M	7.72M	7.69M	6.34M	8.58M	8.85M	7.89M	3.90M	4.20M	4.00M	3.20M	2.40M	0.00
General & Administrative	18.90M	24.66M	28.79M	24.45M	25.49M	27.96M	28.93M	28.17M	29.45M	24.45M	17.76M	12.19M	10.56M	10.08M	7.83M	7.03B	7.54M	7.84M	5.85M	5.17M	4.60B	2.22M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	20.93M	23.23M	31.18M	29.81M	33.43M	34.91M	33.90M	33.94M	35.71M	32.98M	28.79M	24.07M	23.47M	18.47B	16.32B	16.16B	15.40M	14.39M	13.85M	15.91M	11.20B	6.32M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	39.82M	47.89M	59.98M	54.26M	58.92M	62.87M	62.83M	62.11M	65.17M	57.42M	46.56M	36.26M	34.03M	28.55M	24.15M	23.20M	22.94M	22.23M	19.69M	21.07M	15.80M	13.54M	10.93M	8.54M	7.58M	6.70M	5.60M	4.60M	4.80M
Other Expenses	5.99M	772.00K	7.25M	193.00K	101.00K	655.00K	-366.00K	275.00K	372.00K	-39.00K	494.00K	86.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.19M	1.06M	800.00K	800.00K	300.00K	100.00K
Operating Expenses	55.21M	58.25M	77.74M	70.06M	74.85M	77.83M	78.69M	78.14M	79.21M	71.53M	59.54M	48.40M	45.58M	39.27M	32.95M	30.85M	32.20M	29.95M	27.38M	27.41M	24.38M	22.40M	18.81M	13.64M	12.84M	11.50M	9.60M	7.30M	4.90M
Cost & Expenses	149.72M	144.53M	189.71M	171.18M	178.99M	177.93M	168.85M	177.44M	181.43M	170.67M	156.12M	130.54M	113.14M	106.70M	89.70M	79.53M	80.65M	77.12M	68.97M	67.34M	58.17M	48.90M	39.07M	31.07M	26.82M	24.80M	22.90M	21.60M	13.20M
Interest Income	3.65M	1.51M	886.00K	996.00K	2.00M	635.00K	659.00K	513.00K	546.00K	738.00K	657.00K	510.00K	297.00K	301.00K	358.00K	1.22M	2.71M	2.19M	1.27M	471.23K	0.00	101.01K	364.21K	54.06K	0.00	0.00	0.00	0.00	0.00
Interest Expense	1.00K	3.00K	56.00K	18.00K	1.02M	1.79M	1.47M	1.44M	1.46M	1.30M	637.00K	323.00K	223.00K	204.00K	88.00K	153.43K	155.81K	2.19M	1.27M	471.00K	165.46K	219.71K	224.04K	246.49K	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	13.44M	13.41M	13.03M	11.66M	9.78M	8.03M	11.04M	12.56M	12.72M	9.99M	5.99M	4.61M	4.37M	3.85M	2.65M	2.22M	2.14M	2.00M	1.96M	2.04M	1.72M	1.62M	1.37M	1.19M	1.06M	800.00K	800.00K	300.00K	100.00K
EBITDA	-1.67M	9.96M	1.43M	-10.09M	-9.21M	-5.87M	2.57M	12.03M	15.93M	13.11M	11.66M	11.78M	4.97M	9.71M	2.35M	6.07M	261.00K	1.86M	4.25M	-4.85M	226.00K	413.31K	-4.99M	78.80K	-2.93M	-3.40M	3.47M	4.40M	1.10M
EBITDA Ratio	-1.26%	-2.43%	-5.71%	-7.09%	-12.03%	-3.44%	1.60%	-0.30%	2.23%	1.52%	4.51%	5.23%	-0.28%	5.20%	-0.32%	6.45%	3.06%	4.92%	6.43%	-1.08%	0.53%	1.00%	-15.14%	0.92%	-13.21%	-17.96%	11.33%	16.34%	7.75%
Operating Income	-17.35M	-5.65M	-17.95M	-12.45M	-21.10M	-7.16M	-8.76M	-1.32M	3.21M	1.92M	6.17M	6.57M	-608.00K	5.54M	-644.00K	2.87M	261.17K	1.86M	2.29M	-7.40M	-1.50M	-1.21M	-6.36M	-1.11M	-3.99M	-4.20M	2.70M	4.10M	1.00M
Operating Income Ratio	-13.10%	-4.07%	-10.45%	-7.84%	-13.36%	-4.20%	-5.47%	-0.75%	1.74%	1.11%	3.80%	4.79%	-0.54%	4.94%	-0.72%	3.48%	0.32%	2.35%	3.21%	-11.88%	-2.64%	-2.54%	-19.44%	-3.71%	-17.50%	-20.39%	10.55%	15.95%	7.04%
Total Other Income/Expenses	2.24M	2.28M	7.94M	1.17M	1.08M	-452.00K	-1.17M	-648.00K	-542.00K	-597.00K	514.00K	273.00K	984.33K	120.72K	249.89K	835.84K	2.48M	2.17M	931.00K	505.97K	-243.40K	-180.64K	98.18K	-389.24K	43.21K	300.00K	500.00K	100.00K	-200.00K
Income Before Tax	-15.10M	-3.38M	-9.87M	-21.77M	-20.01M	-7.67M	-9.94M	-1.97M	2.67M	1.33M	6.68M	6.84M	376.00K	5.66M	-394.00K	3.71M	2.74M	4.02M	3.22M	-6.89M	-1.74M	-1.39M	-6.26M	-1.50M	-3.95M	-3.90M	3.20M	4.20M	800.00K
Income Before Tax Ratio	-11.41%	-2.43%	-5.75%	-13.71%	-12.67%	-4.49%	-6.21%	-1.12%	1.44%	0.77%	4.12%	4.99%	0.33%	5.04%	-0.44%	4.50%	3.39%	5.10%	4.52%	-11.06%	-3.07%	-2.92%	-19.14%	-5.01%	-17.31%	-18.93%	12.50%	16.34%	5.63%
Income Tax Expense	318.00K	546.00K	-108.00K	174.00K	-4.00M	565.00K	1.10M	5.55M	413.00K	1.28M	2.15M	3.26M	-484.00K	-2.61M	-261.00K	647.72K	243.96K	349.72K	289.00K	-745.67K	-271.95K	86.10K	-98.18K	-559.64K	-1.25M	-1.60M	1.00M	1.70M	-400.00K
Net Income	-15.42M	-3.92M	-9.76M	-21.94M	-16.01M	-8.23M	-11.03M	-7.52M	2.25M	41.00K	4.53M	3.58M	860.00K	8.27M	-133.00K	3.06M	2.50M	3.67M	2.93M	-6.15M	-1.47M	-1.48M	-6.26M	-941.12K	-2.70M	-2.30M	2.20M	2.50M	1.20M
Net Income Ratio	-11.65%	-2.83%	-5.68%	-13.82%	-10.14%	-4.82%	-6.89%	-4.27%	1.22%	0.02%	2.79%	2.61%	0.76%	7.37%	-0.15%	3.71%	3.09%	4.65%	4.11%	-9.87%	-2.59%	-3.10%	-19.14%	-3.14%	-11.82%	-11.17%	8.59%	9.73%	8.45%
EPS	-0.81	-0.21	-0.54	-1.24	-0.92	-0.48	-0.67	-0.47	0.14	0.00	0.30	0.24	0.06	0.57	-0.01	0.21	0.17	0.25	0.20	-0.44	-0.13	-0.13	-0.61	-0.12	-0.37	-0.32	0.31	0.39	0.21
EPS Diluted	-0.81	-0.21	-0.54	-1.24	-0.92	-0.48	-0.67	-0.47	0.14	0.00	0.30	0.24	0.06	0.56	-0.01	0.21	0.17	0.25	0.20	-0.44	-0.12	-0.13	-0.61	-0.12	-0.37	-0.32	0.30	0.35	0.21
Weighted Avg Shares Out	19.13M	18.63M	18.22M	17.67M	17.46M	17.07M	16.42M	15.83M	15.63M	15.42M	15.14M	14.78M	14.77M	14.42M	14.00M	14.37M	14.96M	14.79M	14.57M	14.11M	11.40M	11.04M	10.22M	7.63M	7.23M	7.12M	7.10M	6.41M	5.71M
Weighted Avg Shares Out (Dil)	19.13M	18.63M	18.22M	17.67M	17.46M	17.07M	16.42M	15.83M	15.83M	15.61M	15.34M	15.02M	15.07M	14.85M	14.00M	14.38M	14.98M	14.92M	14.69M	14.11M	11.85M	11.04M	10.22M	7.63M	7.23M	7.12M	7.33M	7.14M	5.71M

KVH Industries (KVHI) Q3 Earnings Top Estimates

December 6, 2022zacks.com

KVH (KVHI) delivered earnings and revenue surprises of 500% and 10.05%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

KVH Industries to Host Third Quarter Conference Call on December 6, 2022

December 5, 2022globenewswire.com

MIDDLETOWN, R.I., Dec. 05, 2022 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the third quarter that ended September 30, 2022, on Tuesday, December 6, 2022. In conjunction with the release, the company will...

What Makes KVH (KVHI) a New Buy Stock

October 28, 2022zacks.com

KVH (KVHI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

KVH Industries (KVHI) Surpasses Q2 Earnings Estimates

August 9, 2022zacks.com

KVH (KVHI) delivered earnings and revenue surprises of 233.33% and 6.82%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

KVH Industries to Host Second Quarter Conference Call on

August 8, 2022headlinesoftoday.com

MIDDLETOWN, R.I., Aug. 08, 2022 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the second quarter that ended June 30, 2022, on Tuesday, August 9, 2022. In conjunction with the release, the company will...

KVH Industries to Host Second Quarter Conference Call on August 9, 2022

August 8, 2022globenewswire.com

MIDDLETOWN, R.I., Aug. 08, 2022 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the second quarter that ended June 30, 2022, on Tuesday, August 9, 2022. In conjunction with the release, the company will...