Filing Flows › Kopin (KOPN) › Q4 2024
Kopin (KOPN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 17, 2025
Kopin (KOPN) reported revenue of $14.6M for the fourth quarter 2024 (Q4 2024), +71% from a year earlier and +10% from the quarter before. Operating margin was -15.1%, net loss $1.9M (13.3% of revenue).
Kopin, Q4 2024: revenue $14.6M (+71% year over year), operating margin -15.1%, net loss $1.9M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.6M | +10% | +71% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $14.6M in Q4 2024, up 71% year over year and up 10% from the previous quarter. Net Product Revenues was the largest line at 86% of revenue.
Operating costs exceeded revenue by $2.2M, an operating margin of -15.1%. Total costs grew 10% against revenue growth of 71%. The fastest-growing cost line was Other operating costs (+45%). The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $3.5M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $166K of depreciation and amortization and $710K of share-based compensation. Working capital and other items used $515K. Capital expenditures of $494K exceeded it, leaving free cash flow of −$2.1M.
Questions
What was Kopin's revenue in the fourth quarter 2024?
Kopin (KOPN) reported revenue of $14.6M for the fourth quarter 2024 (Q4 2024), +71% from a year earlier and +10% from the quarter before.
Was Kopin profitable in the fourth quarter 2024?
Operating loss was $2.2M (-15.1% of revenue) and net loss $1.9M.
Source: Kopin 10-K on SEC EDGAR.