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KVH Industries KVHI VSAT — Cost of Sales

Other product segments

LEO airtime
$8.25M+224%
VSAT airtime
$8.08M-27.8%
LEO
$2.03M+39.2%
Other
$1.71M+59.2%
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 — cost of sales?
KVH Industries (KVHI) reported VSAT — cost of sales of $399K in Q1 2026.
How has KVH Industries's VSAT — cost of sales changed year-over-year?
KVH Industries's VSAT — cost of sales decreased by 32.8% year-over-year, from $594K to $399K.
What is the long-term trend for KVH Industries's VSAT — cost of sales?
Over 2 years (2023 to 2025), KVH Industries's VSAT — cost of sales has grown at a -28.1% compound annual growth rate (CAGR), from $3.44M to $1.78M.
What does VSAT — cost of sales mean?
This metric represents the direct costs attributable to the production and delivery of VSAT satellite communication hardware and related connectivity services. It encompasses expenses such as raw materials, manufacturing labor, and direct service delivery costs required to support maritime and commercial satellite operations. Monitoring this figure helps assess the direct profitability and operational efficiency of the company's satellite communications segment.