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Kvh Industries Inc. \de\ (KVHI) Fundamental Analysis & AI Grade 2026

KVHI Nasdaq Communications Services, NEC DE CIK: 0001007587
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
70% Confidence
AGREEMENT
C
75% Conf
B
66% Conf

📊 KVHI Key Takeaways

Revenue: $32.3M
Net Margin: 1.8%
Free Cash Flow: $-10.8M
Current Ratio: 6.25x
Debt/Equity: 0.00x
EPS: $0.03
AI Grade: C with 75% confidence
Kvh Industries Inc. \de\ (KVHI) receives a C fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $32.3M, net profit margin of 1.8%, and return on equity (ROE) of 0.4%, Kvh Industries Inc. \de\ demonstrates mixed fundamentals in the Telecom sector. Below is our complete KVHI stock analysis for 2026.

Is Kvh Industries Inc. \de\ (KVHI) a Good Investment?

Claude

KVH Industries faces fundamental business deterioration despite a fortress balance sheet. Zero revenue growth combined with negative operating cash flow (-$8.3M) and free cash flow (-$10.8M) signals unsustainable cash burn. The company is essentially leveraging accumulated capital rather than generating organic value.

ChatGPT

KVH is debt-free with substantial cash and strong liquidity, while generating positive operating and free cash flow despite a GAAP operating loss. Profitability is improving year over year, but revenue is flat and margins remain weak, leaving the path to sustained earnings dependent on gross margin expansion and cost discipline. Evidence of durable margin improvement and a return to growth would justify a more constructive view.

Kvh Industries Inc. \de\ Key Strengths (KVHI)

Claude
  • + Fortress balance sheet with $59.2M cash and zero long-term debt provides runway
  • + Exceptional gross margin of 80.4% indicates inherent product profitability
  • + Outstanding liquidity ratios (6.25x current, 5.57x quick) eliminate solvency risk
ChatGPT
  • + Debt-free balance sheet with ample cash
  • + Positive operating and free cash flow
  • + Improving net loss year over year

KVHI Stock Risks: Kvh Industries Inc. \de\ Investment Risks

Claude
  • ! Revenue stagnation at 0.0% YoY growth signals inability to drive top-line expansion or market share gains
  • ! Negative free cash flow of -$10.8M and operating cash burn is unsustainable despite positive accounting income
  • ! Negative operating income and operating cash flow indicate core business is unprofitable at operational level
ChatGPT
  • ! Persistent operating losses and low margins
  • ! Flat revenue growth indicates demand or execution risk
  • ! OCF could weaken if working-capital tailwinds reverse

Key Metrics to Watch

Claude
  • * Operating cash flow inflection point and path to positive FCF
  • * Revenue growth acceleration and organic demand drivers
  • * Cash depletion rate and sustainability of operations with current burn rate
ChatGPT
  • * Operating margin
  • * Revenue growth YoY

Kvh Industries Inc. \de\ (KVHI) Financial Metrics & Key Ratios

Revenue
$32.3M
Net Income
$588.0K
EPS (Diluted)
$0.03
Free Cash Flow
$-10.8M
Total Assets
$154.6M
Cash Position
$59.2M

💡 AI Analyst Insight

Strong liquidity with a 6.25x current ratio provides a solid financial cushion.

KVHI Profit Margin, ROE & Profitability Analysis

Gross Margin 80.4%
Operating Margin -0.4%
Net Margin 1.8%
ROE 0.4%
ROA 0.4%
FCF Margin -33.6%

KVHI vs Telecom Sector: How Kvh Industries Inc. \de\ Compares

How Kvh Industries Inc. \de\ compares to Telecom sector averages

Net Margin
KVHI 1.8%
vs
Sector Avg 14.0%
KVHI Sector
ROE
KVHI 0.4%
vs
Sector Avg 15.0%
KVHI Sector
Current Ratio
KVHI 6.2x
vs
Sector Avg 1.0x
KVHI Sector
Debt/Equity
KVHI 0.0x
vs
Sector Avg 1.2x
KVHI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Kvh Industries Inc. \de\ Stock Overvalued? KVHI Valuation Analysis 2026

Based on fundamental analysis, Kvh Industries Inc. \de\ has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
0.4%
Sector avg: 15%
Net Profit Margin
1.8%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Kvh Industries Inc. \de\ Balance Sheet: KVHI Debt, Cash & Liquidity

Current Ratio
6.25x
Quick Ratio
5.57x
Debt/Equity
0.00x
Debt/Assets
14.9%
Interest Coverage
-118.00x
Long-term Debt
$0.0

KVHI Revenue & Earnings Growth: 5-Year Financial Trend

KVHI 5-year financial data: Year 2023: Revenue $138.8M, Net Income -$4.7M, EPS $1.29. Year 2024: Revenue $132.4M, Net Income -$15.4M, EPS $-0.81. Year 2025: Revenue $113.8M, Net Income -$11.0M, EPS $-0.57.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Kvh Industries Inc. \de\'s revenue has declined by 18% over the 5-year period, indicating business contraction. The most recent EPS of $-0.57 indicates the company is currently unprofitable.

KVHI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-33.6%
Free cash flow / Revenue

KVHI Quarterly Earnings & Performance

Quarterly financial performance data for Kvh Industries Inc. \de\ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $25.4M $588.0K $0.03
Q3 2025 $28.5M -$1.2M $-0.06
Q2 2025 $26.6M -$780.0K $-0.04
Q1 2025 $25.4M -$1.7M $-0.09
Q3 2024 $29.0M -$1.2M $-0.06
Q2 2024 $28.7M $773.0K $0.04
Q1 2024 $29.3M $367.0K $0.02
Q3 2022 $34.4M $4.0M $0.22

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Kvh Industries Inc. \de\ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$8.3M
Cash generated from operations
Stock Buybacks
$206.0K
Shares repurchased (TTM)
Capital Expenditures
$2.6M
Investment in assets
Dividends
None
No dividend program

KVHI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Kvh Industries Inc. \de\ (CIK: 0001007587)

📋 Recent SEC Filings

Date Form Document Action
May 6, 2026 10-Q kvhi-20260331.htm View →
May 6, 2026 8-K kvhi-20260506.htm View →
Apr 28, 2026 DEF 14A tm261512-1_def14a.htm View →
Mar 12, 2026 4 xslF345X05/form4.xml View →
Mar 12, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about KVHI

What is the AI rating for KVHI?

Kvh Industries Inc. \de\ (KVHI) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are KVHI's key strengths?

Claude: Fortress balance sheet with $59.2M cash and zero long-term debt provides runway. Exceptional gross margin of 80.4% indicates inherent product profitability. ChatGPT: Debt-free balance sheet with ample cash. Positive operating and free cash flow.

What are the risks of investing in KVHI?

Claude: Revenue stagnation at 0.0% YoY growth signals inability to drive top-line expansion or market share gains. Negative free cash flow of -$10.8M and operating cash burn is unsustainable despite positive accounting income. ChatGPT: Persistent operating losses and low margins. Flat revenue growth indicates demand or execution risk.

What is KVHI's revenue and growth?

Kvh Industries Inc. \de\ reported revenue of $32.3M.

Does KVHI pay dividends?

Kvh Industries Inc. \de\ does not currently pay dividends.

Where can I find KVHI SEC filings?

Official SEC filings for Kvh Industries Inc. \de\ (CIK: 0001007587) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KVHI's EPS?

Kvh Industries Inc. \de\ has a diluted EPS of $0.03.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is KVHI's fundamental grade?

Based on our AI fundamental analysis in May 2026, Kvh Industries Inc. \de\ has a C grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is KVHI stock overvalued or undervalued?

Valuation metrics for KVHI: ROE of 0.4% (sector avg: 15%), net margin of 1.8% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

What is KVHI's AI grade for 2026?

Our dual AI analysis gives Kvh Industries Inc. \de\ a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is KVHI's free cash flow?

Kvh Industries Inc. \de\'s operating cash flow is $-8.3M, with capital expenditures of $2.6M. FCF margin is -33.6%.

How does KVHI compare to other Telecom stocks?

Vs Telecom sector averages: Net margin 1.8% (avg: 14%), ROE 0.4% (avg: 15%), current ratio 6.25 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI