KVH Industries
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. KVH Industries's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 5% to $132,378,999. Profit margin reached -12%. Total operating expenses were $55,212,999.
Profit Margin
| 2014 | 172.59M | 41K | 0.02% |
|---|---|---|---|
| 2015 | 184.63M | 2.25M | 1.22% |
| 2016 | 176.12M | -7.51M | -4.27% |
| 2017 | 160.08M | -11.03M | -6.89% |
| 2018 | 170.76M | -8.23M | -4.82% |
| 2019 | 157.89M | -16.00M | -10.14% |
| 2020 | 158.73M | -21.94M | -13.82% |
| 2021 | 171.76M | -9.76M | -5.68% |
| 2022 | 138.87M | -3.92M | -2.83% |
| 2023 | 132.37M | -15.42M | -11.65% |
KVHI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 132.37M | 138.87M | 171.76M | 158.73M | 157.89M | 170.76M | 160.08M | 176.12M | 184.63M | 172.59M |
Cost of revenue | 94.51M | 86.27M | 111.97M | 101.12M | 104.14M | 100.1M | 90.16M | 99.3M | 102.22M | 99.14M |
Gross profit | 37.86M | 52.6M | 59.79M | 57.60M | 53.75M | 70.66M | 69.92M | 76.82M | 82.41M | 73.44M |
Operating exp. | ||||||||||
Research and development | 9.39M | 10.36M | 17.76M | 15.79M | 15.92M | 14.95M | 15.85M | 16.03M | 14.03M | 14.10M |
Selling and marketing | 20.92M | 23.22M | 31.18M | 29.81M | 33.43M | 34.91M | 33.89M | 33.94M | 35.71M | 32.97M |
Total operating expenses | 55.21M | 58.25M | 77.74M | 70.05M | 74.84M | 77.82M | 78.68M | 78.14M | 79.20M | 71.52M |
Operating income | -17.34M | -5.65M | -17.94M | -12.44M | -21.09M | -7.16M | -8.76M | -1.32M | 3.20M | 1.92M |
Other income (expenses), net | 2.24M | 2.27M | 8.07M | 1.17M | 1.08M | 655K | -1.17M | 275K | -542K | -597K |
Income before tax | -15.10M | -3.37M | -9.87M | -21.76M | -20.01M | -7.66M | -9.93M | -1.97M | 2.66M | 1.32M |
Income tax expense | 318K | 546K | -108K | 174K | -4.00M | 565K | 1.09M | 5.54M | 413K | 1.28M |
Net income | -15.42M | -3.92M | -9.76M | -21.94M | -16.00M | -8.23M | -11.03M | -7.51M | 2.25M | 41K |
Earnings per share | ||||||||||
Basic EPS | -0.81 | -0.21 | -0.54 | -1.24 | -0.92 | -0.48 | -0.67 | -0.47 | 0.14 | 0.00 |
Diluted EPS | -0.81 | -0.21 | -0.54 | -1.24 | -0.92 | -0.48 | -0.67 | -0.47 | 0.14 | 0.00 |
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