Filing Flows › Kopin (KOPN) › Q1 2025
Kopin (KOPN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Kopin (KOPN) reported revenue of $10.5M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -28% from the quarter before. Operating margin was -37.1%, net loss $3.1M (29.5% of revenue).
Kopin, Q1 2025: revenue $10.5M (+5% year over year), operating margin -37.1%, net loss $3.1M, operating cash flow −$3.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.5M | -28% | +5% |
| Operating profit | −$3.9M | — | — |
| Net earnings | −$3.1M | — | — |
| Operating cash flow | −$3.4M | — | — |
What changed
Revenue was $10.5M in Q1 2025, up 5% year over year and down 28% from the previous quarter.
Operating costs exceeded revenue by $3.9M, an operating margin of -37.1%. Total costs fell 66% while revenue rose 5%. The quarter ended with a net loss of $3.1M, wider than the previous quarter's $1.9M loss. Non-operating items added $846K, -28% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$3.4M. Non-cash charges added back $220K of depreciation and amortization and $774K of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $500K exceeded it, leaving free cash flow of −$3.9M.
Questions
What was Kopin's revenue in the first quarter 2025?
Kopin (KOPN) reported revenue of $10.5M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -28% from the quarter before.
Was Kopin profitable in the first quarter 2025?
Operating loss was $3.9M (-37.1% of revenue) and net loss $3.1M.
Source: Kopin 10-Q on SEC EDGAR.