Filing Flows › Kopin (KOPN) › Q1 2026
Kopin (KOPN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Kopin (KOPN) reported revenue of $10.6M for the first quarter 2026 (Q1 2026), +0.1% from a year earlier and +26% from the quarter before. Operating margin was -56.7%, net loss $3.8M (35.6% of revenue).
Kopin, Q1 2026: revenue $10.6M (+0.1% year over year), operating margin -56.7%, net loss $3.8M, operating cash flow −$811K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.6M | +26% | +0.1% |
| Operating profit | −$6.0M | — | — |
| Net earnings | −$3.8M | -155% | — |
| Operating cash flow | −$811K | — | — |
What changed
Revenue was $10.6M in Q1 2026, roughly flat year over year and up 26% from the previous quarter. Non ASC 606 Revenues was the largest line at 36% of revenue. Research and Development Revenues added $54K year over year (up 4%), 417% of the total change. License and Other Revenues declined 10%.
Operating costs exceeded revenue by $6.0M, an operating margin of -56.7%. Total costs grew 14% against flat revenue. The fastest-growing cost line was SG&A (+28%). The quarter ended with a net loss of $3.8M, after a profit of $6.8M the previous quarter. Non-operating items added $2.3M, -62% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$811K. Non-cash charges added back $247K of depreciation and amortization and $495K of share-based compensation. Working capital and other items added $2.2M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$2.1M.
Questions
What was Kopin's revenue in the first quarter 2026?
Kopin (KOPN) reported revenue of $10.6M for the first quarter 2026 (Q1 2026), +0.1% from a year earlier and +26% from the quarter before.
Was Kopin profitable in the first quarter 2026?
Operating loss was $6.0M (-56.7% of revenue) and net loss $3.8M.
Source: Kopin 10-Q on SEC EDGAR.