KVH Industries Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	72.8	50.57	11.29	21.06	11.38	12.58
Short-Term Investments	-	-	58.48	55.68	13.15	25.14
Cash & Short-Term Investments	72.8	50.57	69.77	76.74	24.52	37.72
Cash Growth	46.30%	-27.52%	-9.08%	212.91%	-34.98%	-21.86%
Receivables	24.3	21.62	25.67	27.43	29	34.77
Inventory	13.39	22.95	19.05	22.73	15.83	24.67
Prepaid Expenses	9.2	16.02	4.33	3.07	2.64	3.89
Other Current Assets	-	11.41	-	-	15.84	-
Total Current Assets	119.7	122.58	118.82	129.96	87.83	101.06
Property, Plant & Equipment	26.93	28.38	48.75	55.29	56	63.17
Goodwill	-	-	-	5.31	6.57	6.59
Other Intangible Assets	0.54	0.83	1.19	0.4	1.29	2.25
Long-Term Accounts Receivable	2.97	3.15	-	-	3.1	2.66
Long-Term Deferred Tax Assets	0.14	0.16	0.26	0.26	0.06	0.07
Other Long-Term Assets	0	0	3.62	5.04	13.95	7.79
Total Assets	150.28	155.08	172.63	196.25	168.79	183.59
Accounts Payable	4.01	4.32	4.78	20.45	9.5	11.4
Accrued Expenses	7.72	8.53	16.13	11.86	13.08	13.75
Current Portion of Long-Term Debt	-	-	-	-	-	4.99
Current Portion of Leases	0.59	0.66	0.79	1.53	1.91	3.83
Current Unearned Revenue	1.35	1.04	1.77	1.37	3.78	4.45
Other Current Liabilities	1.54	1.33	1.5	1.92	5.62	2.37
Total Current Liabilities	15.21	15.87	24.97	37.13	33.88	40.79
Long-Term Debt	-	-	-	-	-	1.94
Long-Term Leases	4.02	0.57	0.29	0.64	1.25	3.2
Long-Term Unearned Revenue	-	-	-	-	4.47	4.69
Long-Term Deferred Tax Liabilities	0	0.02	0	0.06	0.22	0.42
Other Long-Term Liabilities	-	-	-	-	0.01	0.67
Total Liabilities	19.23	16.46	25.26	37.82	39.82	51.71
Common Stock	0.21	0.21	0.21	0.21	0.2	0.2
Additional Paid-In Capital	168.47	167.29	165.14	160.48	156.2	149.17
Retained Earnings	-20.47	-12.75	-1.7	13.72	-12.17	-2.4
Treasury Stock	-13.46	-12.09	-12.09	-11.85	-11.85	-11.85
Comprehensive Income & Other	-3.71	-4.03	-4.18	-4.11	-3.41	-3.23
Shareholders' Equity	131.05	138.63	147.37	158.44	128.98	131.88
Total Liabilities & Equity	150.28	155.08	172.63	196.25	168.79	183.59
Total Debt	4.61	1.23	1.08	2.17	3.16	13.96
Net Cash (Debt)	68.2	49.34	68.7	74.57	21.37	23.76
Net Cash Growth	40.13%	-28.17%	-7.88%	249.02%	-10.09%	-43.37%
Net Cash Per Share	3.51	2.54	3.59	4.00	1.17	1.34
Filing Date Shares Outstanding	19.57	19.76	19.65	19.15	18.88	18.43
Total Common Shares Outstanding	19.57	19.78	19.61	19.2	18.91	18.43
Working Capital	104.49	106.7	93.85	92.84	53.95	60.27
Book Value Per Share	6.70	7.01	7.51	8.25	6.82	7.16
Tangible Book Value	130.51	137.8	146.18	152.73	121.12	123.04
Tangible Book Value Per Share	6.67	6.96	7.45	7.96	6.41	6.68
Land	-	-	2.83	2.83	2.83	3.83
Buildings	-	-	18.84	18.87	18.82	24.2
Machinery	9.41	16.61	20.23	20.63	19.9	29.42
Leasehold Improvements	0.34	0.34	0.45	0.51	0.47	0.48
Order Backlog	-	-	-	-	-	20.4

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q