KVH Industries reports Q4 revenue up 13% to $30.5M, Q4 net income $0.3M; full-year revenue $111.0M in International Shipping News 11/03/2026 KVH Industries reported fourth-quarter 2025 revenue of $30.5 million, up 13% year-over-year, and net income of $0.3 million, or $0.02 per share. Adjusted EBITDA for the quarter was $3.1 million versus $0.5 million a year earlier. Full-year 2025 revenue totaled $111.0 million with adjusted EBITDA of $8.1 million. Financial Highlights Revenue: $30.5 million for the three months ended December 31, 2025; $111.0 million for the year ended December 31, 2025. Net income (loss): Q4 2025 net income $0.3 million; full-year 2025 net loss $(7.4) million. Net income (loss) per share: Q4 2025 $0.02 basic and diluted; full-year 2025 $(0.38) basic and diluted. Non-GAAP adjusted EBITDA: $3.1 million for Q4 2025; $8.1 million for full-year 2025. Operating results (GAAP): Loss from operations Q4 2025 $(0.9) million; year-to-date loss from operations $(11.2) million. Business Highlights Service revenue growth: Service revenues rose to $28.3 million in Q4 2025, up $6.0 million (27%) year-over-year, driven primarily by increased airtime sales from LEO providers Starlink and OneWeb. Shift in airtime mix: LEO service sales represented over 45% of airtime service sales in Q4 2025 versus under 20% in Q4 2024, reflecting a material channel shift from VSAT to LEO services. Product revenue decline: Product revenues fell to $2.2 million in Q4 2025, a 52% decrease year-over-year, with declines in Starlink, VSAT Broadband and TracVision product sales; OneWeb product sales increased modestly. Acquisition and integration: On October 8, 2025, the company acquired a maritime satellite service business in the Asia-Pacific region, recording $3.4 million of intangible assets and $0.7 million of goodwill; the acquisition contributed $2.5 million of service revenue in Q4 2025. Operational and portfolio developments: KVH increased its Starlink investment three-fold over the past year, surpassed 1,000 CommBox Edge subscribers, introduced the CommBox Edge Core Router and Network/Bandwidth Manager, and is preparing to offer a vessel-based managed IT service. Source: KVH Industries 2026-03-11 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share