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Kopin (KOPN) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 12, 2025

Kopin (KOPN) reported revenue of $12.0M for the third quarter 2025 (Q3 2025), -10% from a year earlier and +41% from the quarter before. Operating margin was 37.9%, net earnings $4.1M (34.1% of revenue).

Revenue$12.0M
Year over year-10%
Quarter over quarter+41%
Operating margin37.9%
Net earnings$4.1M

Kopin, Q3 2025: revenue $12.0M (-10% year over year), operating margin 37.9%, net earnings $4.1M, operating cash flow −$110K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$12.0M+41%-10%
Operating profit$4.5M——
Net earnings$4.1M——
Operating cash flow−$110K——

What changed

Revenue was $12.0M in Q3 2025, down 10% year over year and up 41% from the previous quarter.

Operating profit was $4.5M, a 37.9% margin (up 58.9 points year over year). Total costs fell 54% while revenue fell 10%. Net earnings were $4.1M. The effective tax rate was 1.3%.

Operating cash flow was −$110K. Non-cash charges added back $194K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $5.5M.

Questions

What was Kopin's revenue in the third quarter 2025?

Kopin (KOPN) reported revenue of $12.0M for the third quarter 2025 (Q3 2025), -10% from a year earlier and +41% from the quarter before.

Was Kopin profitable in the third quarter 2025?

Operating profit was $4.5M (37.9% of revenue) and net earnings $4.1M.

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Source: Kopin 10-Q on SEC EDGAR.