KVH Industries (NASDAQ:KVHI), a global leader in mobile connectivity and inertial navigation systems, reported a net profit of $331,000 for its fourth quarter on Tuesday.
The results signal a stabilization for the Rhode Island-based manufacturer as it continues to transition its business model toward high-margin airtime services and integrated maritime IoT solutions.
On a per-share basis, KVH reported net income of 2 cents.
When adjusted for non-recurring costs and stock-based compensation expenses, the company’s earnings reached 7 cents per share.
Revenue for the three-month period was $30.5 million, supported by steady demand for its TracNet and TracPhone satellite communications terminals across the commercial and leisure maritime sectors.
For the full fiscal year 2025, the company reported a total net loss of $7.4 million, or 38 cents per share.
Despite the annual deficit, total revenue for the year reached $111 million.