Filing Flows › KVH Industries (KVHI) › Q3 2026 › vs Q3 2025
KVH Industries (KVHI) Q3 2026 vs Q3 2025 (year over year)
KVH Industries's revenue rose $10.0M (+35%) from $28.5M in Q3 2025 to $38.4M in Q3 2026. The biggest changes: Service +$7.6M (+30%); Product +$2.4M (+79%).
KVH Industries, Q3 2026: revenue $38.4M (+35% year over year), operating margin -3.2%, net loss $601K, operating cash flow $4.8M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 8.6% | 29.5% | -20.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Service | $33.0M | $25.4M | $7.6M | +30% |
| Product | $5.5M | $3.1M | $2.4M | +79% |
| Revenue | $38.4M | $28.5M | $10.0M | +35% |
| Other income, net | $631K | $713K | −$82K | -12% |
| Income tax benefit | $11K | −$16K | $27K | — |
| Net loss | $601K | $6.9M | −$6.3M | -91% |
| Costs & expenses | $39.7M | $36.1M | $3.6M | +10% |
| Operating costs | $39.7M | $36.1M | $3.6M | +10% |
| Research & development | $713K | $969K | −$256K | -26% |
| Sales & marketing | $5.0M | $4.9M | $135K | +3% |
| General & admin | $4.0M | $3.7M | $291K | +8% |
| Other operating costs | $30.0M | $26.5M | $3.4M | +13% |
| Operating cash sources | $5.4M | $16.8M | −$11.4M | -68% |
| Depreciation & amortization | $2.2M | $2.6M | −$441K | -17% |
| Share-based compensation | $325K | $366K | −$41K | -11% |
| Working capital & other | $2.9M | $13.8M | −$10.9M | -79% |
| Net loss absorbed | $601K | $6.9M | −$6.3M | -91% |
| Operating cash flow | $4.8M | $9.9M | −$5.1M | -51% |
| Free cash flow (OCF − capex) | $3.3M | $8.4M | −$5.1M | -60% |
| Capital expenditures | $1.5M | $1.5M | $9K | +0.6% |
Questions
How much did KVH Industries's revenue grow year over year in Q3 2026?
KVH Industries's revenue rose $10.0M (+35%) from $28.5M in Q3 2025 to $38.4M in Q3 2026.
What drove KVH Industries's revenue change in Q3 2026?
Service +$7.6M (+30%); Product +$2.4M (+79%).