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KVH Industries KVHI Reportable Segment — R&D

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Other financials

Income statement

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Revenue$32.3M+27.2%
Operating income-$118.0K+94.7%
Net income$588.0K+134%
EPS (diluted)$0.03+133%

Balance sheet

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Cash & equivalents$59.2M+21.7%
Total debt$4.3M+316%
Total equity$131.5M-4.6%
Total assets$154.6M+2.1%

Cash flow

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Operating cash flow-$8.3M-547%
CapEx$2.6M+125%
Free cash flow-$10.8M-347%

Valuation

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Market cap$177.23M+70.6%
Enterprise value$122.37M+149%
P/S1.5×+0.5×

Profitability

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Gross margin76.5%
Operating margin-7.7%-1.2pp
Net margin-4.6%-1.5pp
FCF margin1.1%+0.6pp

Returns & leverage

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Return on equity-4%-1.2pp
Debt / equity0.0×
Current ratio6.2×-3.1×

Where this comes from

Reported directly by KVH Industries in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: KVH Industries’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KVH Industries's reportable segment — R&D?
KVH Industries (KVHI) reported reportable segment — R&D of $726K in Q1 2026.
How has KVH Industries's reportable segment — R&D changed year-over-year?
KVH Industries's reportable segment — R&D decreased by 38.8% year-over-year, from $1.19M to $726K.
What is the long-term trend for KVH Industries's reportable segment — R&D?
Over 2 years (2023 to 2025), KVH Industries's reportable segment — R&D has grown at a -39.4% compound annual growth rate (CAGR), from $9.4M to $3.46M.
What does reportable segment — R&D mean?
This metric represents the expenditures dedicated to the innovation, design, and improvement of products and services within the reportable segment. It is a key indicator of the company's commitment to maintaining long-term competitiveness and technological relevance in its target markets.