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KVH Industries vs Spire Global: KVHI and SPIR compared
KVH Industries is the larger company: $38.4M of revenue in its latest quarter (Q3 2026) against $18.0M for Spire Global (Q2 2026). KVH Industries is growing faster (+35% against -6% a year earlier). KVH Industries is more profitable, with an operating margin of -3.2% against -110.2%.
Where the money goes: KVHI and SPIR
KVH Industries (KVHI) · Q3 2026
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.
Spire Global (SPIR) · Q2 2026
Spire Global, Q2 2026: revenue $18.0M (-6% year over year), operating margin -110.2%, net loss $20.0M, operating cash flow −$23.4M. The chart follows the revenue to costs, profit and cash.
| KVH Industries (KVHI) | Spire Global (SPIR) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $38.4M | $18.0M |
| Revenue growth, Y/Y | +35% | -6% |
| Operating margin | -3.2% | -110.2% |
| Net earnings | −$601K | −$20.0M |
| Net margin | -1.6% | -110.6% |
| Operating cash flow | $4.8M | −$23.4M |
| Free cash flow | $3.3M | — |
Where the revenue comes from
KVH Industries
- Service: $33.0M (86%)
- Product: $5.5M (14%)
Spire Global
- Subscription Based Contract: $12.6M (70%)
- Non Subscription Based Contracts: $5.5M (30%)
Questions
Which is bigger, KVH Industries or Spire Global?
KVH Industries is the larger company: $38.4M of revenue in its latest quarter (Q3 2026) against $18.0M for Spire Global (Q2 2026).
Is KVH Industries or Spire Global growing faster?
KVH Industries is growing faster (+35% against -6% a year earlier).
Which is more profitable, KVH Industries or Spire Global?
KVH Industries is more profitable, with an operating margin of -3.2% against -110.2%.
More: KVH Industries earnings · how KVH Industries makes money · Spire Global earnings · how Spire Global makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.