Filing Flows › KVH Industries (KVHI) › Q3 2026
KVH Industries (KVHI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
KVH Industries (KVHI) reported revenue of $38.4M for the third quarter 2026 (Q3 2026), +35% from a year earlier and +14% from the quarter before. Operating margin was -3.2%, net loss $601K (1.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.4M | +14% | +35% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$601K | -469% | — |
| Operating cash flow | $4.8M | +158% | -51% |
| Free cash flow | $3.3M | +394% | -60% |
What changed
Revenue was $38.4M in Q3 2026, up 35% year over year and up 14% from the previous quarter. Service was the largest line at 86% of revenue. Service added $7.6M year over year (up 30%), 76% of the total change.
Operating costs exceeded revenue by $1.2M, an operating margin of -3.2%. Total costs grew 10% against revenue growth of 35%. The fastest-growing cost line was Other operating costs (+13%). The quarter ended with a net loss of $601K, after a profit of $163K the previous quarter. Non-operating items added $631K, -103% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $4.8M (down 51% year over year). Non-cash charges added back $2.2M of depreciation and amortization and $325K of share-based compensation. Working capital and other items added $2.9M. Capital expenditures of $1.5M left free cash flow of $3.3M.
Questions
What was KVH Industries' revenue in the third quarter 2026?
KVH Industries (KVHI) reported revenue of $38.4M for the third quarter 2026 (Q3 2026), +35% from a year earlier and +14% from the quarter before.
Was KVH Industries profitable in the third quarter 2026?
Operating loss was $1.2M (-3.2% of revenue) and net loss $601K.
Source: KVH Industries 10-Q on SEC EDGAR.