---
schema_version: "secwatch.filing_event.v1"
accession: "0001007587-21-000014"
form_type: "8-K"
ticker: "KVHI"
cik: "0001007587"
company_name: "KVH INDUSTRIES INC DE"
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T12:29:36.271230+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KVH Q3 rev $43M (+5% YoY), GAAP EPS $0.22 includes PPP gain, non-GAAP EPS -$0.05, adj EBITDA $1.5M vs $3.4M prior

## Summary
- Total revenue $43.0M, up 5% YoY from $41.1M; GAAP net income $4.0M ($0.22/sh) vs net loss $0.5M prior, benefiting from $7.0M PPP forgiveness.
- Non-GAAP net loss $0.9M ($0.05/sh) vs net income $1.1M ($0.06/sh); adjusted EBITDA fell to $1.5M from $3.4M.
- mini-VSAT airtime revenue up 13% to $24.6M on 12% subscriber growth; AgilePlans rev +54%, now 47% of subscriber base.
- Inertial navigation sales down 11% to $8.4M due to supply chain issues; some orders pushed to Q4.
- Full-year revenue outlook: high single-digit growth over 2020; adj EBITDA growth faster than rev.

## SEC filing metadata
- accession: 0001007587-21-000014
- form_type: 8-K
- ticker: KVHI
- cik: 0001007587
- company_name: KVH INDUSTRIES INC DE
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1007587/000100758721000014/0001007587-21-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1007587/000100758721000014/kvhi-20211104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001007587-21-000014
- JSON: https://secwatch.observer/filing/0001007587-21-000014.json
- Plain text: https://secwatch.observer/filing/0001007587-21-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.