Filing Flows › KVH Industries (KVHI) › Q2 2026
KVH Industries (KVHI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
KVH Industries (KVHI) reported revenue of $33.7M for the second quarter 2026 (Q2 2026), +27% from a year earlier and +4% from the quarter before. Operating margin was -0.2%, net earnings $163K (0.5% of revenue).
KVH Industries, Q2 2026: revenue $33.7M (+27% year over year), operating margin -0.2%, net earnings $163K, operating cash flow $1.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $33.7M | +4% | +27% |
| Operating profit | −$76K | — | — |
| Net earnings | $163K | -72% | -82% |
| Operating cash flow | $1.9M | — | -63% |
| Free cash flow | $672K | — | -76% |
What changed
Revenue was $33.7M in Q2 2026, up 27% year over year and up 4% from the previous quarter. Service was the largest line at 88% of revenue. Service added $6.7M year over year (up 29%), 94% of the total change.
Operating costs exceeded revenue by $76K, an operating margin of -0.2%. Total costs grew 25% against revenue growth of 27%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $163K, down 82% year over year. The effective tax rate was 55.5%. Non-operating items added $442K, 121% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.9M (down 63% year over year), 1152% of net earnings. Non-cash charges added back $2.3M of depreciation and amortization and $411K of share-based compensation. Working capital and other items used $1.0M. Capital expenditures of $1.2M left free cash flow of $672K.
Questions
What was KVH Industries' revenue in the second quarter 2026?
KVH Industries (KVHI) reported revenue of $33.7M for the second quarter 2026 (Q2 2026), +27% from a year earlier and +4% from the quarter before.
Was KVH Industries profitable in the second quarter 2026?
Operating loss was $76K (-0.2% of revenue) and net earnings $163K.
Source: KVH Industries 10-Q on SEC EDGAR.