
KVH Industries, Inc.
KVHIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
114
Cost of Revenue
79
Gross Profit
35
Gross Margin
30.9%
Operating Income
-12
Operating Margin
-10.4%
Net Income
-11
Net Margin
-9.7%
EPS (Basic)
$-0.57
EPS (Diluted)
$-0.57
EBITDA
3
EBITDA Margin
2.3%
2023
12/31/2023
Revenue
132
Cost of Revenue
95
Gross Profit
38
Gross Margin
28.6%
Operating Income
-17
Operating Margin
-13.1%
Net Income
-15
Net Margin
-11.6%
EPS (Basic)
$-0.81
EPS (Diluted)
$-0.81
EBITDA
-2
EBITDA Margin
-1.3%
2022
12/31/2022
Revenue
139
Cost of Revenue
86
Gross Profit
52
Gross Margin
37.8%
Operating Income
-6
Operating Margin
-4.1%
Net Income
24
Net Margin
17.3%
EPS (Basic)
$-0.21
EPS (Diluted)
$-0.21
EBITDA
10
EBITDA Margin
7.2%
2021
12/31/2021
Revenue
134
Cost of Revenue
88
Gross Profit
46
Gross Margin
34.2%
Operating Income
-20
Operating Margin
-14.6%
Net Income
-10
Net Margin
-7.3%
EPS (Basic)
$-0.54
EPS (Diluted)
$-0.54
EBITDA
3
EBITDA Margin
2.2%
2020
12/31/2020
Revenue
159
Cost of Revenue
101
Gross Profit
58
Gross Margin
36.3%
Operating Income
-23
Operating Margin
-14.5%
Net Income
-22
Net Margin
-13.8%
EPS (Basic)
$-1.24
EPS (Diluted)
$-1.24
EBITDA
-10
EBITDA Margin
-6.4%