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KVH Industries KVHI VSAT airtime — Cost of Sales

Other product segments

LEO airtime
$8.25M+224%
LEO
$2.03M+39.2%
Other
$1.71M+59.2%
VSAT
$399K-32.8%
TracVision & land mobile
$271K-56.3%

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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:CostOfGoodsAndServicesSold.

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 VSAT airtime — cost of sales?
KVH Industries (KVHI) reported VSAT airtime — cost of sales of $8.08M in Q1 2026.
How has KVH Industries's VSAT airtime — cost of sales changed year-over-year?
KVH Industries's VSAT airtime — cost of sales decreased by 27.8% year-over-year, from $11.2M to $8.08M.
What is the long-term trend for KVH Industries's VSAT airtime — cost of sales?
Over 2 years (2023 to 2025), KVH Industries's VSAT airtime — cost of sales has grown at a -19.5% compound annual growth rate (CAGR), from $63.27M to $40.98M.
What does VSAT airtime — cost of sales mean?
This metric represents the direct costs incurred to provide satellite-based internet and data connectivity services to maritime and commercial customers. It includes expenses such as satellite transponder capacity leases, network infrastructure maintenance, and third-party service provider fees required to deliver airtime connectivity. Monitoring this cost helps assess the efficiency of the service delivery model and the underlying margins of the connectivity business segment.