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Side-by-side financial comparison of KVH INDUSTRIES INC \DE\ (KVHI) and RECURSION PHARMACEUTICALS, INC. (RXRX). Click either name above to swap in a different company.

RECURSION PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($35.5M vs $30.5M, roughly 1.2× KVH INDUSTRIES INC \DE\). KVH INDUSTRIES INC \DE\ runs the higher net margin — 1.1% vs -304.2%, a 305.3% gap on every dollar of revenue. On growth, RECURSION PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (681.7% vs 13.4%). KVH INDUSTRIES INC \DE\ produced more free cash flow last quarter ($1.1M vs $-47.3M). Over the past eight quarters, RECURSION PHARMACEUTICALS, INC.'s revenue compounded faster (60.5% CAGR vs 2.1%).

KVH Industries Inc. is a global technology firm specializing in the design, production, and distribution of high-performance inertial navigation systems, satellite communications solutions, and motion sensing products. Its key customer segments include aerospace, defense, maritime transport, and autonomous vehicle industries, serving clients across North America, Europe, and the Asia-Pacific region.

Recursion Pharmaceuticals is a clinical-stage biotechnology company that combines artificial intelligence and large-scale high-throughput biological experimentation to discover and develop innovative therapies for rare diseases, oncology, inflammatory disorders, and other areas of unmet medical need. It primarily operates in North America and partners with global biopharmaceutical firms to advance its robust therapeutic pipeline.

KVHI vs RXRX — Head-to-Head

Bigger by revenue
RXRX
RXRX
1.2× larger
RXRX
$35.5M
$30.5M
KVHI
Growing faster (revenue YoY)
RXRX
RXRX
+668.4% gap
RXRX
681.7%
13.4%
KVHI
Higher net margin
KVHI
KVHI
305.3% more per $
KVHI
1.1%
-304.2%
RXRX
More free cash flow
KVHI
KVHI
$48.4M more FCF
KVHI
$1.1M
$-47.3M
RXRX
Faster 2-yr revenue CAGR
RXRX
RXRX
Annualised
RXRX
60.5%
2.1%
KVHI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KVHI
KVHI
RXRX
RXRX
Revenue
$30.5M
$35.5M
Net Profit
$331.0K
$-108.1M
Gross Margin
59.8%
Operating Margin
-3.0%
-304.8%
Net Margin
1.1%
-304.2%
Revenue YoY
13.4%
681.7%
Net Profit YoY
107.7%
39.6%
EPS (diluted)
$0.02
$-0.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KVHI
KVHI
RXRX
RXRX
Q4 25
$30.5M
$35.5M
Q3 25
$28.5M
$5.2M
Q2 25
$26.6M
$19.2M
Q1 25
$25.4M
$14.7M
Q4 24
$26.9M
$4.5M
Q3 24
$29.0M
$26.1M
Q2 24
$28.7M
$14.4M
Q1 24
$29.3M
$13.8M
Net Profit
KVHI
KVHI
RXRX
RXRX
Q4 25
$331.0K
$-108.1M
Q3 25
$-6.9M
$-162.3M
Q2 25
$930.0K
$-171.9M
Q1 25
$-1.7M
$-202.5M
Q4 24
$-4.3M
$-178.9M
Q3 24
$-1.2M
$-95.8M
Q2 24
$-2.4M
$-97.5M
Q1 24
$-3.2M
$-91.4M
Gross Margin
KVHI
KVHI
RXRX
RXRX
Q4 25
59.8%
Q3 25
-183.8%
Q2 25
-4.9%
Q1 25
-48.0%
Q4 24
-181.4%
Q3 24
53.7%
Q2 24
36.2%
Q1 24
19.1%
Operating Margin
KVHI
KVHI
RXRX
RXRX
Q4 25
-3.0%
-304.8%
Q3 25
-26.8%
-3327.6%
Q2 25
-1.4%
-916.8%
Q1 25
-8.8%
-1297.9%
Q4 24
-11.9%
-4042.4%
Q3 24
-6.9%
-377.1%
Q2 24
-10.1%
-697.4%
Q1 24
-13.0%
-698.4%
Net Margin
KVHI
KVHI
RXRX
RXRX
Q4 25
1.1%
-304.2%
Q3 25
-24.4%
-3135.3%
Q2 25
3.5%
-894.2%
Q1 25
-6.7%
-1373.3%
Q4 24
-16.0%
-3935.5%
Q3 24
-4.1%
-367.5%
Q2 24
-8.3%
-676.6%
Q1 24
-10.8%
-662.4%
EPS (diluted)
KVHI
KVHI
RXRX
RXRX
Q4 25
$0.02
$-0.17
Q3 25
$-0.36
$-0.36
Q2 25
$0.05
$-0.41
Q1 25
$-0.09
$-0.50
Q4 24
$-0.23
$-0.56
Q3 24
$-0.06
$-0.34
Q2 24
$-0.12
$-0.40
Q1 24
$-0.16
$-0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KVHI
KVHI
RXRX
RXRX
Cash + ST InvestmentsLiquidity on hand
$69.9M
$743.3M
Total DebtLower is stronger
$9.6M
Stockholders' EquityBook value
$131.0M
$1.1B
Total Assets
$151.5M
$1.5B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KVHI
KVHI
RXRX
RXRX
Q4 25
$69.9M
$743.3M
Q3 25
$72.8M
$659.8M
Q2 25
$55.9M
$525.1M
Q1 25
$48.6M
$500.5M
Q4 24
$50.6M
$594.4M
Q3 24
$49.8M
$427.6M
Q2 24
$49.3M
$474.3M
Q1 24
$66.6M
$296.3M
Total Debt
KVHI
KVHI
RXRX
RXRX
Q4 25
$9.6M
Q3 25
$11.9M
Q2 25
$14.2M
Q1 25
$16.4M
Q4 24
$19.0M
Q3 24
$20.5M
Q2 24
$22.9M
Q1 24
Stockholders' Equity
KVHI
KVHI
RXRX
RXRX
Q4 25
$131.0M
$1.1B
Q3 25
$131.0M
$1.0B
Q2 25
$138.4M
$919.1M
Q1 25
$137.8M
$933.9M
Q4 24
$138.6M
$1.0B
Q3 24
$142.7M
$524.6M
Q2 24
$143.4M
$584.4M
Q1 24
$145.1M
$401.2M
Total Assets
KVHI
KVHI
RXRX
RXRX
Q4 25
$151.5M
$1.5B
Q3 25
$150.3M
$1.4B
Q2 25
$152.0M
$1.3B
Q1 25
$151.4M
$1.3B
Q4 24
$155.1M
$1.4B
Q3 24
$166.7M
$726.5M
Q2 24
$168.9M
$775.9M
Q1 24
$168.4M
$557.8M
Debt / Equity
KVHI
KVHI
RXRX
RXRX
Q4 25
0.01×
Q3 25
0.01×
Q2 25
0.02×
Q1 25
0.02×
Q4 24
0.02×
Q3 24
0.04×
Q2 24
0.04×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KVHI
KVHI
RXRX
RXRX
Operating Cash FlowLast quarter
$3.4M
$-46.1M
Free Cash FlowOCF − Capex
$1.1M
$-47.3M
FCF MarginFCF / Revenue
3.4%
-133.1%
Capex IntensityCapex / Revenue
7.7%
3.5%
Cash ConversionOCF / Net Profit
10.25×
TTM Free Cash FlowTrailing 4 quarters
$9.8M
$-378.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KVHI
KVHI
RXRX
RXRX
Q4 25
$3.4M
$-46.1M
Q3 25
$9.9M
$-117.4M
Q2 25
$5.1M
$-76.4M
Q1 25
$-1.3M
$-132.0M
Q4 24
$403.0K
$-115.4M
Q3 24
$1.9M
$-59.2M
Q2 24
$-14.7M
$-82.2M
Q1 24
$-792.0K
$-102.3M
Free Cash Flow
KVHI
KVHI
RXRX
RXRX
Q4 25
$1.1M
$-47.3M
Q3 25
$8.4M
$-117.6M
Q2 25
$2.7M
$-79.6M
Q1 25
$-2.4M
$-133.8M
Q4 24
$-444.0K
$-116.7M
Q3 24
$419.0K
$-63.8M
Q2 24
$-17.4M
$-83.4M
Q1 24
$-3.2M
$-109.0M
FCF Margin
KVHI
KVHI
RXRX
RXRX
Q4 25
3.4%
-133.1%
Q3 25
29.5%
-2272.5%
Q2 25
10.3%
-413.9%
Q1 25
-9.5%
-907.4%
Q4 24
-1.6%
-2567.7%
Q3 24
1.4%
-244.6%
Q2 24
-60.6%
-578.5%
Q1 24
-10.9%
-789.9%
Capex Intensity
KVHI
KVHI
RXRX
RXRX
Q4 25
7.7%
3.5%
Q3 25
5.3%
4.7%
Q2 25
8.8%
16.4%
Q1 25
4.5%
12.4%
Q4 24
3.1%
28.6%
Q3 24
5.1%
17.5%
Q2 24
9.4%
8.2%
Q1 24
8.2%
48.2%
Cash Conversion
KVHI
KVHI
RXRX
RXRX
Q4 25
10.25×
Q3 25
Q2 25
5.48×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KVHI
KVHI

Services$28.3M93%
Products$2.2M7%

RXRX
RXRX

Segment breakdown not available.

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