KVH IndustriesKVHI +0.22%51 Gross Margin % is 29.58% as of Mar. 2026, which is 16% below its 10-year median of 35.26. GuruFocus rates KVHI with a GF Score™ of 51/100 and a GF Value™ of $5.91 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 341 Telecommunication Services companies, KVH Industries ranks worse than 80.65% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
KVH Industries had a gross margin of 29.58% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
KVH Industries Gross Margin % Related Terms
KVH Industries Gross Margin % Historical Data
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The historical data trend for KVH Industries's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
KVHI vs KORE, RDCM, CXDO: Gross Margin % Comparison
For the Telecom Services subindustry, KVH Industries's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
KVH Industries Gross Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, KVH Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where KVH Industries's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
KVH Industries (KVHI) has a Gross Margin % of 29.58% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on KVH Industries and its competitors. This is 16% below median its historical median of 35.26. Over the past decade, KVH Industries' Gross Margin % has ranged from 25.24 to 43.68. According to the industry distribution chart, KVH Industries ranks #275 out of 341 companies in the Telecommunication Services industry, placing it in the top 80.6%.
Is KVH Industries' Gross Margin % too high?
KVH Industries' current Gross Margin % of 29.58% is 16% below median its 10-year median of 35.26. Over the past 10 years, this metric has ranged from a low of 25.24 to a high of 43.68. The Telecommunication Services industry median Gross Margin % is 51.52. KVH Industries' value of 29.58% is 42.6% below this industry median. Based on the distribution chart, KVH Industries ranks #275 out of 341 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, KVH Industries has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KVH Industries' Gross Margin % compare to KORE and RDCM?
According to the Telecommunication Services industry distribution chart, KVH Industries ranks #275 out of 341 companies for Gross Margin %. This places KVH Industries in the lower half of its industry. The industry median Gross Margin % is 51.52. KVH Industries' value of 29.58% is 42.6% below this benchmark. Historically, KVH Industries' own Gross Margin % has ranged from 25.24 to 43.68 over the past decade. While the company's 10-year median is 35.26 vs. the industry median of 51.52, KVH Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.52, based on 341 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KVH Industries's current Gross Margin % of 29.58% is 42.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on KVH Industries and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KVH Industries's current Gross Margin % is 29.58%, which is 16% below median its own 10-year median of 35.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KVH Industries stock overvalued right now?
Based on GuruFocus' analysis, KVH Industries (KVHI) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.91, compared to a current price of $9.12 — trading 54.3% above its estimated fair value. The current Gross Margin % is 29.58%, which is 16% below median its 10-year median of 35.26 and 42.6% below the Telecommunication Services industry median of 51.52. KVH Industries' overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For KVH Industries (KVHI), the current Gross Margin % is 29.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is KVH Industries (KVHI) Overvalued in 2026?
Based on GuruFocus' analysis, KVH Industries stock appears to be overvalued.
The current stock price of $9.12 is trading 54.3% above its estimated GF Value™ of $5.91.
GuruFocus considers KVH Industries to be Significantly Overvalued.
Key valuation signals for KVHI:
Gross Margin %: 29.58% (16% below median its 10-year median of 35.26)
GF Value™: $5.91 vs. price of $9.12 (54.3% above fair value)
Industry Position: 42.6% below the Telecommunication Services median (#275 of 341)
No single metric tells the full story. See the KVHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KVH Industries Inc provides integrated, end-to-end services, software, and hardware that support its customers' need for access to the Internet, VoIP, operations content, and entertainment services. It offers high-speed Internet and Voice over Internet Protocol (VoIP) services via satellite and integrated 5G/LTE cellular communications to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. It operates in several geographic areas, including internationally. Revenues are generated from international locations, mainly consisting of Singapore, Canada, South America, European Union and other European countries, and other regions.
51GF Score
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