KVH Q2 revenue up 27% to $33.7M; LEO services now 55% of airtime sales

KVH INDUSTRIES INC DE

Total revenue $33.7M, up 27% YoY; service revenue $29.7M (+29%).
Net income $0.2M ($0.01 EPS) vs $0.9M ($0.05 EPS) in Q2 2025.
Non-GAAP adjusted EBITDA $3.0M, up from $2.7M in prior year.
LEO service sales (Starlink, OneWeb) now over 55% of airtime sales, up from <32% a year ago.
Airtime revenue increased 31% to $27.8M, driven by subscriber growth in LEO.

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