KVHI · XBRL financial data

KVH Industries financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (KVHI's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	—	—	138,750	132,379	113,828	111,009
Research and development	15,799	17,766	10,369	9,399	8,439	3,457
General and administrative	24,445	28,794	24,656	18,899	16,513	15,288
Operating income (loss)	(22,937)	(17,946)	(5,654)	(17,345)	(11,883)	(11,171)
Interest income	996	886	1,507	3,646	3,039	2,568
Interest expense	18	56	3	1	2	0
Other income (expense)	193	7,245	772	(1,404)	(1,781)	1,089
Income tax expense (benefit)	174	(108)	546	318	421	(131)
Net income (loss)	(21,940)	(9,763)	24,101	(15,422)	(11,048)	(7,383)
Earnings per share, basic USD per share	(1.24)	(0.54)	1.29	(0.81)	(0.57)	(0.38)
Earnings per share, diluted USD per share	(1.24)	(0.54)	1.29	(0.81)	(0.57)	(0.38)
Weighted average shares, basic thousands of shares	17,669	18,217	18,632	19,130	19,389	19,398
Weighted average shares, diluted thousands of shares	17,669	18,217	18,632	19,130	19,389	19,398

Fiscal years (KVHI's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	12,578	11,376	21,056	11,294	50,572	69,910
Marketable securities	25,141	13,147	55,680	58,477	0	—
Accounts receivable	33,687	33,648	27,427	25,670	21,624	25,049
Inventory	24,674	24,640	22,730	19,046	22,953	14,859
Prepaid and other current assets	—	—	—	4,331	16,016	7,980
Total current assets	101,060	87,830	131,203	118,818	122,575	117,798
Property and equipment, net	56,273	60,114	53,118	47,680	27,014	22,032
Right-of-use asset	6,893	3,055	2,168	1,068	1,361	4,382
Goodwill	6,592	6,570	5,308	0	0	732
Total assets	183,591	168,794	200,530	172,634	155,081	151,500
Accounts payable	11,400	11,265	20,449	4,780	4,316	4,498
Current portion of long-term debt	4,992	0	—	—	—	—
Total current liabilities	40,788	33,882	38,868	24,972	15,872	16,670
Long-term debt	1,935	0	—	—	—	—
Lease liability, non-current	3,204	1,224	636	289	569	3,841
Total liabilities	51,707	39,817	43,874	25,262	16,456	20,516
Retained earnings (accumulated deficit)	(2,402)	(12,165)	11,936	(1,704)	(12,752)	(20,135)
Total stockholders' equity	131,884	128,977	156,656	147,372	138,625	130,984
Total liabilities and equity	183,591	168,794	200,530	172,634	155,081	151,500
Common shares outstanding (cover page) thousands of shares	18,430	18,877	19,153	19,646	19,764	19,479

Fiscal years (KVHI's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(21,940)	(9,763)	24,101	(15,422)	(11,048)	(7,383)
Stock-based compensation	3,462	4,109	3,424	2,078	2,027	1,567
Depreciation and amortization	11,663	14,601	14,030	13,438	13,298	10,696
Net cash from operating activities	(3,079)	2,909	8,894	2,530	(13,170)	17,108
Purchases of property and equipment	14,066	18,740	14,390	10,633	7,417	7,355
Net cash from investing activities	(9,295)	(6,708)	375	(14,714)	52,389	3,888
Share repurchases	390	0	0	239	0	1,743
Net cash from financing activities	7,129	2,645	708	2,343	110	(1,693)
Net change in cash	(5,787)	(1,202)	9,680	(9,762)	39,278	19,338

SIC 4899 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4899 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
KVH Industries	57,720	33,723	1,877*	18.1M	—	Q2 FY26 10-QJun 30, 2026
BuzzFeed	16,299	36,288	(7,985)*	not reported	2.0 quarters	Q2 FY26 10-QJun 30, 2026
Aerkomm	84	28	(329)*	19.7M	0.3 quarters	Q2 FY26 10-QJun 30, 2026
IX Acquisition	104	not reported	(35)*	not reported	3.0 quarters	Q2 FY26 10-QJun 30, 2026
Spire Global	38,814	18,048	(23,373)*	not reported	3.9 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.