KVH Industries, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $111.0M | $113.8M | $132.4M | $138.8M | $133.9M | $158.7M | $157.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | $3.5M | $8.4M | $9.4M | $10.4M | $11.1M | $15.8M | $15.9M |
| SG&A Expense | — | $15.3M | $16.5M | $18.9M | $24.7M | $28.8M | $24.4M | $25.5M |
| Operating Income | — | $-11.2M | $-11.9M | $-17.3M | $-5.7M | $-19.6M | $-22.9M | $-21.1M |
| Operating Margin | — | -10.1% | -10.4% | -13.1% | -4.1% | -14.6% | -14.5% | -13.4% |
| Interest Expense | — | — | — | $1.0K | $3.0K | $56.0K | $18.0K | $1.0M |
| Pretax Income | — | $-7.5M | $-10.6M | $-15.1M | $-3.4M | $-11.7M | $-21.8M | $-20.0M |
| Income Tax Expense | — | $-131.0K | $421.0K | $318.0K | $546.0K | $-108.0K | $174.0K | $-4.0M |
| Net Income | — | $-7.4M | $-11.0M | $-15.4M | $24.0M | $-9.8M | $-21.9M | $33.3M |
| Net Margin | — | -6.7% | -9.7% | -11.6% | 17.3% | -7.3% | -13.8% | 21.1% |
| EPS (Basic) | — | $-0.38 | $-0.57 | $-0.81 | $1.29 | $-0.54 | $-1.24 | $1.90 |
| EPS (Diluted) | — | $-0.38 | $-0.57 | $-0.81 | $1.29 | $-0.54 | $-1.24 | $1.90 |
| Shares Outstanding (Basic) | 19.5M | 19.4M | 19.4M | 19.1M | 19.1M | 18.2M | 17.7M | 17.5M |
| Shares Outstanding (Diluted) | 19.5M | 19.4M | 19.4M | 19.1M | 19.1M | 18.2M | 17.7M | 17.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |