KVH Industries Inc
NASDAQ:KVHI
Income Statement
Earnings Waterfall
KVH Industries Inc
Revenue
|
128m
USD
|
Cost of Revenue
|
-92.6m
USD
|
Gross Profit
|
35.4m
USD
|
Operating Expenses
|
-56m
USD
|
Operating Income
|
-20.6m
USD
|
Other Expenses
|
2m
USD
|
Net Income
|
-18.6m
USD
|
Income Statement
KVH Industries Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
159
N/A
|
157
-1%
|
161
+3%
|
173
+7%
|
177
+2%
|
181
+2%
|
181
+0%
|
185
+2%
|
184
0%
|
185
+1%
|
186
+1%
|
176
-5%
|
176
0%
|
170
-3%
|
165
-3%
|
160
-3%
|
155
-3%
|
153
-1%
|
152
-1%
|
153
+0%
|
154
+1%
|
155
+1%
|
155
N/A
|
158
+2%
|
158
+0%
|
155
-2%
|
157
+1%
|
159
+1%
|
164
+4%
|
171
+4%
|
164
-4%
|
134
-18%
|
146
+9%
|
137
-6%
|
138
+1%
|
139
+1%
|
139
+0%
|
139
0%
|
137
-1%
|
132
-4%
|
128
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(95)
|
(93)
|
(95)
|
(97)
|
(101)
|
(103)
|
(102)
|
(101)
|
(102)
|
(103)
|
(103)
|
(99)
|
(99)
|
(96)
|
(94)
|
(89)
|
(88)
|
(90)
|
(91)
|
(92)
|
(97)
|
(101)
|
(103)
|
(100)
|
(105)
|
(101)
|
(101)
|
(98)
|
(103)
|
(107)
|
(104)
|
(88)
|
(94)
|
(87)
|
(86)
|
(86)
|
(87)
|
(89)
|
(88)
|
(95)
|
(93)
|
|
Gross Profit |
65
N/A
|
64
-1%
|
66
+4%
|
76
+15%
|
76
+0%
|
78
+2%
|
79
+1%
|
84
+6%
|
82
-3%
|
82
+1%
|
84
+2%
|
77
-8%
|
77
-1%
|
75
-2%
|
71
-5%
|
71
+0%
|
68
-5%
|
64
-6%
|
62
-3%
|
61
-1%
|
57
-7%
|
54
-5%
|
52
-4%
|
58
+11%
|
53
-9%
|
54
+2%
|
56
+4%
|
61
+7%
|
62
+2%
|
64
+4%
|
60
-6%
|
46
-24%
|
52
+13%
|
51
-2%
|
52
+2%
|
53
+2%
|
52
-1%
|
50
-4%
|
50
-1%
|
38
-24%
|
35
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(63)
|
(64)
|
(67)
|
(74)
|
(75)
|
(77)
|
(79)
|
(81)
|
(80)
|
(81)
|
(80)
|
(79)
|
(79)
|
(78)
|
(79)
|
(80)
|
(76)
|
(73)
|
(71)
|
(72)
|
(70)
|
(71)
|
(72)
|
(79)
|
(75)
|
(73)
|
(71)
|
(73)
|
(80)
|
(85)
|
(84)
|
(65)
|
(69)
|
(64)
|
(62)
|
(58)
|
(54)
|
(51)
|
(48)
|
(49)
|
(56)
|
|
Selling, General & Administrative |
(49)
|
(49)
|
(53)
|
(57)
|
(61)
|
(64)
|
(65)
|
(65)
|
(66)
|
(66)
|
(64)
|
(62)
|
(63)
|
(62)
|
(63)
|
(63)
|
(60)
|
(57)
|
(55)
|
(53)
|
(54)
|
(55)
|
(56)
|
(58)
|
(58)
|
(56)
|
(55)
|
(53)
|
(53)
|
(57)
|
(57)
|
(53)
|
(55)
|
(51)
|
(50)
|
(47)
|
(44)
|
(41)
|
(39)
|
(40)
|
(40)
|
|
Research & Development |
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(16)
|
(11)
|
(13)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(10)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Other Operating Expenses |
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
(10)
|
(10)
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
|
Operating Income |
2
N/A
|
0
-82%
|
(1)
N/A
|
2
N/A
|
2
-10%
|
1
-54%
|
0
-40%
|
3
+581%
|
2
-45%
|
1
-25%
|
4
+212%
|
(1)
N/A
|
(2)
-86%
|
(3)
-28%
|
(8)
-155%
|
(9)
-11%
|
(8)
+8%
|
(9)
-15%
|
(9)
-1%
|
(11)
-13%
|
(13)
-23%
|
(17)
-31%
|
(20)
-17%
|
(21)
-5%
|
(23)
-7%
|
(19)
+14%
|
(15)
+23%
|
(12)
+17%
|
(19)
-52%
|
(21)
-12%
|
(24)
-14%
|
(20)
+19%
|
(18)
+11%
|
(13)
+27%
|
(10)
+20%
|
(6)
+44%
|
(2)
+67%
|
(1)
+73%
|
1
N/A
|
(11)
N/A
|
(21)
-81%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
3
|
3
|
4
|
4
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
(6)
|
(6)
|
0
|
|
Total Other Income |
1
|
1
|
0
|
0
|
0
|
1
|
1
|
0
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
2
|
1
|
0
|
0
|
(2)
|
(2)
|
5
|
7
|
8
|
9
|
2
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
2
N/A
|
1
-68%
|
(1)
N/A
|
1
N/A
|
1
-10%
|
1
-45%
|
0
-69%
|
3
+1 250%
|
1
-76%
|
(0)
N/A
|
3
N/A
|
(2)
N/A
|
(3)
-49%
|
(4)
-30%
|
(9)
-126%
|
(10)
-13%
|
(10)
+3%
|
(10)
-7%
|
(10)
+2%
|
(11)
-11%
|
(13)
-19%
|
(17)
-27%
|
(19)
-11%
|
(20)
-7%
|
(19)
+3%
|
(17)
+13%
|
(14)
+19%
|
(22)
-60%
|
(20)
+8%
|
(22)
-11%
|
(18)
+19%
|
(12)
+35%
|
(9)
+26%
|
(3)
+66%
|
(7)
-125%
|
(3)
+49%
|
1
N/A
|
2
+159%
|
(3)
N/A
|
(15)
-472%
|
(18)
-20%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
(6)
|
(7)
|
(7)
|
(7)
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
2
|
3
|
4
|
4
|
1
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
1
|
(0)
|
(1)
|
0
|
(0)
|
(0)
|
(1)
|
2
|
1
|
0
|
3
|
(8)
|
(10)
|
(11)
|
(16)
|
(9)
|
(9)
|
(9)
|
(9)
|
(12)
|
(14)
|
(14)
|
(16)
|
(16)
|
(16)
|
(16)
|
(13)
|
(22)
|
(20)
|
(22)
|
(18)
|
(12)
|
(9)
|
(4)
|
(7)
|
(4)
|
0
|
1
|
(3)
|
(15)
|
(19)
|
|
Net Income (Common) |
1
N/A
|
(0)
N/A
|
(1)
-3 100%
|
0
N/A
|
(0)
N/A
|
(0)
-8%
|
(1)
-226%
|
2
N/A
|
1
-61%
|
0
-96%
|
3
+8 300%
|
(8)
N/A
|
(10)
-28%
|
(11)
-13%
|
(16)
-49%
|
(11)
+32%
|
(10)
+9%
|
(9)
+7%
|
(8)
+14%
|
(8)
-1%
|
(11)
-29%
|
38
N/A
|
35
-8%
|
33
-5%
|
33
+0%
|
(18)
N/A
|
(14)
+22%
|
(22)
-59%
|
(20)
+10%
|
(22)
-11%
|
(17)
+21%
|
(10)
+43%
|
(10)
-6%
|
(6)
+41%
|
19
N/A
|
24
+24%
|
29
+19%
|
31
+8%
|
(3)
N/A
|
(15)
-463%
|
(19)
-20%
|
|
EPS (Diluted) |
0.1
N/A
|
0
N/A
|
-0.08
N/A
|
0
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.06
-200%
|
0.14
N/A
|
0.04
-71%
|
-0.01
N/A
|
0.2
N/A
|
-0.47
N/A
|
-0.6
-28%
|
-0.67
-12%
|
-0.97
-45%
|
-0.67
+31%
|
-0.58
+13%
|
-0.56
+3%
|
-0.47
+16%
|
-0.47
N/A
|
-0.61
-30%
|
2.13
N/A
|
1.99
-7%
|
1.9
-5%
|
1.9
N/A
|
-0.99
N/A
|
-0.77
+22%
|
-1.24
-61%
|
-1.1
+11%
|
-1.21
-10%
|
-0.93
+23%
|
-0.53
+43%
|
-0.56
-6%
|
-0.33
+41%
|
1.03
N/A
|
1.29
+25%
|
1.52
+18%
|
1.61
+6%
|
-0.14
N/A
|
-0.81
-479%
|
-0.96
-19%
|