Service was Kvh Industries Inc \De\’s largest product and service line in fiscal 2025, bringing in $98.41M of $111.01M (89%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Service | $111.91M | $114.62M | $96.45M | $98.41M | ||||||
| Product | $26.84M | $17.76M | $17.38M | $12.60M | ||||||
| Total | $138.75M | $132.38M | $113.83M | $111.01M |
Kvh Industries Inc \De\ brought in $111.01M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 2.5% from $113.83M in fiscal 2024. Service was the largest at $98.41M (88.6%), ahead of Product at $12.60M (11.4%).
Compared with fiscal 2024, Service grew 2.0% to $98.41M, while Product fell 27.5% to $12.60M. From fiscal 2022 to 2025, combined revenue from these lines fell from $138.75M to $111.01M, a compound annual decline of 7.2%. Service's share of the total rose from 80.7% to 88.6%.
As Reported was Kvh Industries Inc \De\’s largest revenue line in fiscal 2023, bringing in $33.55M of $33.20M (101%).
| Revision of Prior Period | FY 2022 | FY 2022 | FY 2022 | FY 2022 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|---|---|
| As Reported | $33.15M | $34.55M | $35.17M | $138.88M | $33.69M | $34.17M | $33.55M |
| Adjustment | $9.00K | -$216.00K | $93.00K | -$14.00K | $454.00K | -$585.00K | -$354.00K |
| Total | $33.16M | $34.34M | $35.26M | $138.86M | $34.14M | $33.59M | $33.20M |
Kvh Industries Inc \De\ brought in $33.20M from its two revenue lines in fiscal 2023, the year ended September 30, 2023. That was down 1.2% from $33.59M in fiscal 2023. As Reported was the largest at $33.55M (101.1%).
The total is net of Adjustment, which took $354.00K off revenue in fiscal 2023.
Service was Kvh Industries Inc \De\’s largest revenue line in fiscal 2020, bringing in $24.46M of $41.11M (60%).
| Nature of Expense | FY 2017 | FY 2017 | FY 2017 | FY 2018 | FY 2018 | FY 2018 | FY 2019 | FY 2019 | FY 2019 | FY 2020 | FY 2020 | FY 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | — | $26.13M | $26.28M | — | — | — | $23.16M | $24.54M | $24.50M | $23.47M | $22.98M | $24.46M |
| Product | $14.86M | $14.32M | — | $13.99M | $16.16M | $16.37M | — | $15.19M | $14.81M | $13.09M | — | $16.65M |
| Total | $14.86M | $40.45M | $26.28M | $13.99M | $16.16M | $16.37M | $23.16M | $39.73M | $39.31M | $36.57M | $22.98M | $41.11M |
Kvh Industries Inc \De\ brought in $41.11M from its two revenue lines in fiscal 2020, the year ended September 30, 2020. Kvh Industries Inc \De\ regrouped these revenue lines after fiscal 2020, so the total does not compare directly with that year's $22.98M. Service was the largest at $24.46M (59.5%), ahead of Product at $16.65M (40.5%).
Kvh Industries Inc \De\ (KVHI) reports its revenue by product and service, by revision of prior period and by nature of expense. In fiscal 2025, Service was its largest product and service line, bringing in $98.41M (88.6% of the total), followed by Product at $12.60M (11.4%).
Service was Kvh Industries Inc \De\'s largest product and service line in fiscal 2025, bringing in $98.41M, or 88.6% of the $111.01M total across its two product and service lines.
As Reported was Kvh Industries Inc \De\'s largest revenue line in fiscal 2023, bringing in $33.55M, or 101.1% of the $33.20M total across its two revenue lines.
Service grew faster than Product in fiscal 2025, up 2.0% from $96.45M to $98.41M. Product fell 27.5% to $12.60M.
Every figure comes from Kvh Industries Inc \De\'s annual financial filings, as reported. Each line keeps the name Kvh Industries Inc \De\ gives it, and years follow its fiscal calendar.
Kvh Industries Inc \De\'s revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.