KVH INDUSTRIES INC \DE\(KVHI)Stock Analysis
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Rank #2,521 of 2,879 stocks
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
KVHI Stock Analysis & AI Quality Score
AI stock analysis and institutional research for KVH INDUSTRIES INC \DE\ (KVHI), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores KVHI at 26.1/100 on a 32-signal composite quality model, placing it at rank #2,521 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (15.9) and revenue scale (18.6), which score below median versus the broader universe. Shareholder dilution risk is elevated at 48.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), KVH INDUSTRIES INC \DE\ reports quarterly revenue of $32.3M, net income of $588.0K, free cash flow of $-10.8M. Top institutional holders of KVHI by reported 13-F value include Black Diamond Capital Management I, LLLP, SYSTEMATIC FINANCIAL MANAGEMENT, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. KVHI trades on the Nasdaq exchange and files with the SEC under CIK 1007587. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate KVHI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for KVH INDUSTRIES INC \DE\ directly from SEC EDGAR. KVH INDUSTRIES INC \DE\'s 13F Pro composite quality score has ranged between 19 and 27 since 2024, currently 26.1 — a stable long-term trajectory across 15 quarterly and live scoring snapshots.
Revenue
Q1 2026
$32.3M
Net Income
Q1 2026
$588.0K
Free Cash Flow
Q1 2026
$-10.8M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-2.5% YoYNet Income
+33.2% YoYOperating Income
+6.0% YoYEPS (Diluted)
+33.3% YoYTotal Assets
-2.3% YoYTotal Debt
Op. Cash Flow
+229.9% YoY| Metric | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $111.0M -2.5% | $113.8M -18.0% | $138.8M +3.6% | $133.9M -15.6% | $158.7M -0.8% | $160.1M |
| Net Income | $-7.4M +33.2% | $-11.0M -146.0% | $24.0M +346.1% | $-9.8M +55.5% | $-21.9M -98.8% | $-11.0M |
| Operating Income | $-11.2M +6.0% | $-11.9M -107.6% | $-5.7M +70.8% | $-19.6M +14.6% | $-22.9M -161.7% | $-8.8M |
| EPS (Diluted) | $-0.38 +33.3% | $-0.57 -144.2% | $1.29 +338.9% | $-0.54 +56.5% | $-1.24 -85.1% | $-0.67 |
| Total Assets | $151.5M -2.3% | $155.1M -21.0% | $196.3M +16.3% | $168.8M -8.1% | $183.6M -10.7% | $205.6M |
| Total Debt | — | — | — | $0.00 -100.0% | $11.9M -75.9% | $49.5M |
| Operating Cash Flow | $17.1M +229.9% | $-13.2M -248.1% | $8.9M +205.7% | $2.9M +194.5% | $-3.1M -126.7% | $11.5M |
AI Insight: KVHI Financial Trends
KVH Industries shows revenue recovery to $32M in Q1 2026 from $25M low point in Q1 2025, but profitability remains volatile with inconsistent operating cash flow.
• Revenue declined from $29M in Q2 2024 to $25M in Q1 2025, then recovered to $32M in Q1 2026.
• Net income swung from -$7M loss in Q3 2025 to $1M profit in Q1 2026.
• Equity declined from $143M in Q2 2024 to $131M in Q4 2025 before stabilizing at $132M in Q1 2026.
⚠ Operating cash flow turned negative to -$8M in Q1 2026 after positive $10M in Q3 2025.
⚠ Operating income remains marginally negative despite revenue recovery, indicating persistent cost pressures.
AI Insight: KVHI Ratio Trends
KVH Industries shows dramatic improvement from Q3 2025's -26.8% operating margin trough to -0.4% in Q1 2026, approaching breakeven.
• Operating margin improved sharply from -26.8% in Q3 2025 to -0.4% in Q1 2026, nearing breakeven.
• Net profit margin turned positive in Q2 2025 (3.5%) and Q4 2025 (1.1%), reaching 1.8% in Q1 2026.
• ROE and ROA both turned positive in recent quarters after extended negative periods through Q1 2025.
⚠ ROIC remains negative at -0.4% in Q1 2026 despite operational improvements, indicating capital efficiency challenges.
⚠ Q3 2025 showed severe margin compression with -26.8% operating margin, demonstrating earnings volatility risk.
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Available Research
13F Pro tracks comprehensive data for KVH INDUSTRIES INC \DE\ including:
Top Institutional Holders of KVHI
Black Diamond Capital Management I, LLLP
$31.4M3,502,005 shSYSTEMATIC FINANCIAL MANAGEMENT LP
$8.1M906,214 shDIMENSIONAL FUND ADVISORS LP
$6.6M737,336 shVANGUARD CAPITAL MANAGEMENT LLC
$6.2M697,461 shBlackRock, Inc.
$4.3M474,509 shPotomac Capital Management, Inc.
$4.2M465,900 shPeapod Lane Capital LLC
$3.7M414,738 shNEEDHAM INVESTMENT MANAGEMENT LLC
$3.4M385,000 shRENAISSANCE TECHNOLOGIES LLC
$3.1M345,515 shFirst Eagle Investment Management, LLC
$1.9M210,826 sh
| Fund | Value | Shares |
|---|---|---|
| Black Diamond Capital Management I, LLLP | $31.4M | 3,502,005 |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | $8.1M | 906,214 |
| DIMENSIONAL FUND ADVISORS LP | $6.6M | 737,336 |
| VANGUARD CAPITAL MANAGEMENT LLC | $6.2M | 697,461 |
| BlackRock, Inc. | $4.3M | 474,509 |
| Potomac Capital Management, Inc. | $4.2M | 465,900 |
| Peapod Lane Capital LLC | $3.7M | 414,738 |
| NEEDHAM INVESTMENT MANAGEMENT LLC | $3.4M | 385,000 |
| RENAISSANCE TECHNOLOGIES LLC | $3.1M | 345,515 |
| First Eagle Investment Management, LLC | $1.9M | 210,826 |
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Popular Research
Is KVHI a good stock to buy?
13F Pro's AI-powered analysis of KVH INDUSTRIES INC \DE\ (KVHI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for KVHI are available on the KVHI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own KVHI?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling KVHI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of KVH INDUSTRIES INC \DE\'s investment landscape.