KVH Industries — Third Quarter 2026 Earnings Summary

KVH Industries reported third-quarter 2026 total revenue of $38.4 million, representing a 35% increase year-over-year driven by growth in LEO terminal sales and recurring service revenue. The company achieved a net loss of $0.6 million, or $0.03 per share, while non-GAAP adjusted EBITDA rose to $3.9 million, up from $1.4 million in the same period last year. Service revenue accounted for $33.0 million of the total, with LEO representing 58% of service revenue as customers continue migrating from VSAT. KVH narrowed its full-year 2026 revenue outlook to a range of $137-143 million and raised the low end of its non-GAAP adjusted EBITDA guidance to $13-15 million.