Rhode Island-based KVH Industries, a provider of maritime and mobile connectivity, reported financial results for the quarter ended June 30, 2026. Total revenues in the quarter increased from Q1 2026 by $1.4 million to $33.7 million.
Total revenues increased by 27% during the quarter from $26.6 million in the year-ago quarter, due to a $6.7 million increase in service sales and a $0.4 million increase in product sales.
Commenting on the company’s second quarter results, Brent C. Bruun, KVH’s Chief Executive Officer, said in a statement, “Our second quarter results reflected the strength of our strategy — accelerating growth in LEO services, driven by Starlink, as we continue to outpace much of our industry through this transition. We are seeing growth in recurring service revenue, expansion of our subscriber base, and meaningful progress on strategic initiatives, including our new bundled multi-network service offerings. We remain focused on delivering innovative connectivity solutions for our customers while creating long-term value for our shareholders.”
Service revenue during the quarter increased sequentially from Q1 by $1.6 million to $29.7 million. Service revenue increased by $6.7 million from the prior-year quarter.
Net income during the quarter was $0.2 million, or $0.01 per share, compared to a net income of $0.9 million, or $0.05 per share, in the prior-year period. Non-GAAP adjusted EBITDA was $3.0 million, compared to $2.7 million in the second quarter of 2025.
Revenue was $66 million for the six months ended June 30, 2026, an increase of 27% compared to $52 million for the six months ended June 30, 2025.
