What is KVH Industries's R&D?

KVH Industries (KVHI) reported R&D of $726K in Q1 2026.

How has KVH Industries's R&D changed year-over-year?

KVH Industries's R&D decreased by 38.8% year-over-year, from $1.19M to $726K.

What is the long-term trend for KVH Industries's R&D?

Over 4 years (2021 to 2025), KVH Industries's R&D has grown at a -30.4% compound annual growth rate (CAGR), from $14.7M to $3.46M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

KVH Industries KVHI R&D

R&D at other companies

ViasatVSAT

$41.52M+23.1%

Aviat NetworksAVNW

$7.66M-0.6%

AirgainAIRG

$2.25M-10.0%

MomentusMNTS

$4.17M+118%

Iridium CommunicationsIRDM

$6.17M+14.0%

HarmonicHLIT

$20.88M+6.2%

Segments

By segment

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Reportable Segment$726K-38.8%

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

See full

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

See full

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

See full

Gross margin76.5%—

Operating margin-7.7%-1.2pp

Net margin-4.6%-1.5pp

FCF margin1.1%+0.6pp

Returns & leverage

See full

Return on equity-4%-1.2pp

Debt / equity0×0.0×

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 R&D?: KVH Industries (KVHI) reported R&D of $726K in Q1 2026.
How has KVH Industries's R&D changed year-over-year?: KVH Industries's R&D decreased by 38.8% year-over-year, from $1.19M to $726K.
What is the long-term trend for KVH Industries's R&D?: Over 4 years (2021 to 2025), KVH Industries's R&D has grown at a -30.4% compound annual growth rate (CAGR), from $14.7M to $3.46M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.