Seeking Alpha·5 days ago
Kopin Corporation (KOPN) Discusses AI Infrastructure Catalysts and Expanding Defense Opportunities TranscriptKopin Corporation (KOPN) Discusses AI Infrastructure Catalysts and Expanding Defense Opportunities Transcript
Kopin Corporation(KOPN)Earnings, Financials & Key Ratios
KOPN•NASDAQ
$3.79
259.2× P/E·Price updated Jul 7, 2026
AboutKopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, head-mounted and hand-held systems, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, application specific integrated circuits, backlights, and optical lenses; and headset systems. The company's products are used in soldier, avionic, armored vehicle and training, and simulation defense applications; industrial, public safety, and medical headsets; 3D optical inspection systems; and consumer augmented reality and virtual reality wearable headsets systems. Kopin Corporation was incorporated in 1984 and is headquartered in Westborough, Massachusetts.Show more
- Revenue$38M-23.6%
- EBITDA-$14M+66.7%
- Net Income$3M+105.9%
- EPS (Diluted)0.01+104.4%
- Gross Margin27.65%+34.2%
- EBITDA Margin-36.72%+56.5%
- Operating Margin-38.88%+54.6%
- Net Margin6.78%+107.8%
- ROE5.49%+103.3%
KOPN Price & Volume
Kopin Corporation (KOPN) stock price & volume — 10-year historical chart
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Persistent Operational Losses Mask Structural Liquidity Risks
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Persistent liquidity and dilution
Key Thesis Takeaways
- Kopin Corporation faces a challenging outlook characterized by erratic revenue growth, which stagnated at 0.1% year-over-year in 2026Q1, and a persistent inability to achieve sustainable operating profitability.
- The company's reliance on non-operational gains to bolster net income, such as the $6.7M profit reported in 2025Q4, obscures a fundamental lack of core business scalability.
- Investors should remain cautious regarding the company's long-term solvency, as the erosion of shareholder equity to a retained earnings deficit of -$403.2M necessitates ongoing, dilutive capital market reliance.
Verdict Logic
the company's inability to generate positive free cash flow, evidenced by a -$2.1M outflow in 2026Q1, suggests that the current business model remains fundamentally unsustainable without further dilutive financing.
KOPN Growth Metrics
Kopin Corporation (KOPN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.84%
5 Years-0.84%
3 Years-6.73%
TTM-22.63%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM113.23%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM108.12%
Return on Capital
10 Years-52.89%
5 Years-64.37%
3 Years-75.8%
Last Year-29.55%
KOPN Recent Earnings
Kopin Corporation (KOPN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 12, 2026Metric
Actual
Est
EPS
$0.02-100.0%
$0.01
Rev
$11M+6.4%
$10M
Q2 2026
Apr 13, 2026Metric
Actual
Est
EPS
$0.04+301.7%
$0.02
Rev
$8M-23.6%
$11M
Q2 2026
Mar 27, 2026Metric
Actual
Est
EPS
$0.02-100.0%
$0.01
Rev
$8M-23.3%
$11M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$0.02+300.0%
$0.01
Rev
$12M-8.5%
$13M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 12, 2026 | $0.02vs $0.01-100.0% | $11Mvs $10M+6.4% |
| Q2 2026 | Apr 13, 2026 | $0.04vs $0.02+301.7% | $8Mvs $11M-23.6% |
| Q2 2026 | Mar 27, 2026 | $0.02vs $0.01-100.0% | $8Mvs $11M-23.3% |
| Q4 2025 | Nov 12, 2025 | $0.02vs $0.01+300.0% | $12Mvs $13M-8.5% |
Based on last 12 quarters of dataView full earnings history →
Latest KOPN News
Recent stock market news and headlines for Kopin Corporation (KOPN)
Business Wire·Jun 29, 2026
Kopin Secures Multiple Orders for Sentinel FPV™ Prototypes as Drone Dominance Program AcceleratesWESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Secures Multiple Orders for Sentinel FPV™ Prototypes as Drone Dominance Program Accelerates.
GuruFocus·Jun 23, 2026
Kopin Expands U.S. Operations With New Optics & Photonics Design Center in Dallas, TexasKopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterpris
Business Wire·Jun 23, 2026
Kopin Expands U.S. Operations With New Optics & Photonics Design Center in Dallas, TexasWESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Expands U.S. Operations With New Optics & Photonics Design Center in Dallas, Texas.
Peers Comparison
Key metrics vs top competitors for Kopin Corporation (KOPN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $3.79 | $692.35M | 259.25 | -23.58% | 6.78% | 5.49% | — | |
| $2.47 | $205.4M | -5.88 | 9.14% | -504.14% | -87.47% | — | |
| $0.38 | $125.32M | -1.08 | -74.28% | -5887.77% | -139.2% | — | |
| $14.05 | $2.45B | 54.04 | -8.23% | 3.92% | 3.57% | — | |
| $6.50 | $215.15M | -32.50 | 11.97% | -0.27% | -0.84% | — | |
| $28.94 | $734.45M | -22.97 | -3.24% | -12.67% | -10.13% | — |
Compare KOPN vs Peers
Kopin Corporation (KOPN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KOPN SEC Filings & Documents
Kopin Corporation (KOPN) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 12, 2026·SEC
Material company update
Apr 29, 2026·SEC
Material company update
Mar 27, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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KOPN Frequently Asked Questions
Kopin Corporation (KOPN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Kopin Corporation's revenue?
Kopin Corporation (KOPN) reported $39.3M in revenue for fiscal year 2025. This represents a 119% increase from $18.0M in 1996.
How fast is Kopin Corporation growing?
Kopin Corporation (KOPN) saw revenue decline by 23.6% over the past year.
Is KOPN profitable?
Yes, Kopin Corporation (KOPN) is profitable, generating $1.9M in net income for fiscal year 2025 (6.8% net margin).
Dividend & Returns
What is KOPN's return on equity?
Kopin Corporation (KOPN) has a return on equity (ROE) of 5.5%. This is below average, suggesting room for improvement.
What is Kopin Corporation's free cash flow?
Kopin Corporation (KOPN) had negative free cash flow of $15.2M in fiscal year 2025, likely due to heavy capital investments.