Filing Flows › Kopin (KOPN) › Q4 2025
Kopin (KOPN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 13, 2026
Kopin (KOPN) reported revenue of $8.4M for the fourth quarter 2025 (Q4 2025), -43% from a year earlier and -30% from the quarter before. Operating margin was -60.0%, net earnings $6.8M (81.3% of revenue).
Kopin, Q4 2025: revenue $8.4M (-43% year over year), operating margin -60.0%, net earnings $6.8M, operating cash flow −$7.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.4M | -30% | -43% |
| Operating profit | −$5.0M | -211% | — |
| Net earnings | $6.8M | +67% | — |
| Operating cash flow | −$7.9M | — | — |
What changed
Revenue was $8.4M in Q4 2025, down 43% year over year and down 30% from the previous quarter. Net Product Revenues was the largest line at 67% of revenue.
Operating costs exceeded revenue by $5.0M, an operating margin of -60.0%. Total costs fell 21% while revenue fell 43%. The fastest-growing cost line was SG&A (+62%). Net earnings were $6.8M. The effective tax rate was 0.8%. Non-operating items added $11.9M, 173% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$7.9M. Non-cash charges added back $190K of depreciation and amortization and $404K of share-based compensation. Working capital and other items used $15.3M.
Questions
What was Kopin's revenue in the fourth quarter 2025?
Kopin (KOPN) reported revenue of $8.4M for the fourth quarter 2025 (Q4 2025), -43% from a year earlier and -30% from the quarter before.
Was Kopin profitable in the fourth quarter 2025?
Operating loss was $5.0M (-60.0% of revenue) and net earnings $6.8M.
Source: Kopin 10-K on SEC EDGAR.