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How KVH Industries (KVHI) makes money

KVH Industries (KVHI) made $38.4M of revenue in the third quarter 2026 (Q3 2026), +35% from a year earlier. Service brought in $33.0M (86%); Product brought in $5.5M (14%).

Drawing the Sankey…

KVH Industries revenue by segment, Q3 2026KVH Industries revenue by segment, Q3 2026Service$33.0MProduct$5.5M
KVH Industries: revenue by line, Q1 2025 to Q3 2026KVH Industries: revenue by line, Q1 2025 to Q3 2026ServiceProductService: $33.0M latest$33.0MProduct: $5.5M latest$5.5MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
KVH Industries revenue by quarterKVH Industries revenue by quarter$25.4MQ1 2025$26.6MQ2 2025$28.5MQ3 2025$30.5MQ4 2025$32.3MQ1 2026$33.7MQ2 2026$38.4MQ3 2026
KVH Industries: where each dollar of revenue goesKVH Industries: where each dollar of revenue goesOperating cash flow13¢Free cash flow9¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Service$33.0M85.7%+11%+30%
Product$5.5M14.3%+37%+79%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$38.4M100.0%
Operating cash flow$4.8M12.6%
Free cash flow$3.3M8.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$38.4M+35%
Q2 2026$33.7M+27%
Q1 2026$32.3M+27%
Q4 2025$30.5M+13%
Q3 2025$28.5M-2%
Q2 2025$26.6M-7%
Q1 2025$25.4M-13%

From KVH Industries' 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does KVH Industries make money?

KVH Industries (KVHI) made $38.4M of revenue in the third quarter 2026 (Q3 2026), +35% from a year earlier. Service brought in $33.0M (86%); Product brought in $5.5M (14%).

What is KVH Industries' biggest business?

Service: $33.0M in the third quarter 2026, 86% of revenue, +30% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.