Filing Flows › Kopin (KOPN) › Q2 2025
Kopin (KOPN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
Kopin (KOPN) reported revenue of $8.5M for the second quarter 2025 (Q2 2025), -31% from a year earlier and -20% from the quarter before. Operating margin was -64.6%, net loss $5.2M (61.1% of revenue).
Kopin, Q2 2025: revenue $8.5M (-32% year over year), operating margin -64.6%, net loss $5.2M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.5M | -20% | -31% |
| Operating profit | −$5.5M | — | — |
| Net earnings | −$5.2M | — | — |
| Operating cash flow | −$4.2M | — | — |
What changed
Revenue was $8.5M in Q2 2025, down 31% year over year and down 20% from the previous quarter. Defense was the largest line at 74% of revenue. Defense lost $4.2M year over year (down 40%), 109% of the total change.
Operating costs exceeded revenue by $5.5M, an operating margin of -64.6%. Total costs fell 22% while revenue fell 31%. The quarter ended with a net loss of $5.2M, wider than the previous quarter's $3.1M loss.
Operating cash flow was −$4.2M. Non-cash charges added back $225K of depreciation and amortization and $748K of share-based compensation. Capital expenditures of $733K exceeded it, leaving free cash flow of −$4.9M.
Questions
What was Kopin's revenue in the second quarter 2025?
Kopin (KOPN) reported revenue of $8.5M for the second quarter 2025 (Q2 2025), -31% from a year earlier and -20% from the quarter before.
Was Kopin profitable in the second quarter 2025?
Operating loss was $5.5M (-64.6% of revenue) and net loss $5.2M.
Source: Kopin 10-Q on SEC EDGAR.