Filing Flows › Koss (KOSS) › Q1 FY26
Koss (KOSS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Oct 31, 2025
Koss (KOSS) reported revenue of $4.1M for the first quarter fiscal 2026 (Q1 FY26), +27% from a year earlier and +32% from the quarter before. Operating margin was -1.1%, net earnings $244K (6.0% of revenue).
Koss, Q1 FY26: revenue $4.1M (+27% year over year), operating margin -1.1%, net earnings $244K, operating cash flow $763K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1M | +32% | +27% |
| Operating profit | −$46K | — | — |
| Net earnings | $244K | — | — |
| Operating cash flow | $763K | — | +278% |
| Free cash flow | $762K | — | — |
What changed
Revenue was $4.1M in Q1 FY26, up 27% year over year and up 32% from the previous quarter.
Gross margin was 40.0%, up 3.4 points from a year earlier. Operating costs exceeded revenue by $46K, an operating margin of -1.1%. Operating expenses fell 7% while revenue rose 27%. Net earnings were $244K. The effective tax rate was 1.1%. Non-operating items added $293K, 119% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $763K (up 278% year over year), 313% of net earnings. Non-cash charges added back $67K of depreciation and $1K of share-based compensation. Working capital and other items added $450K. Capital expenditures of $1K left free cash flow of $762K.
Questions
What was Koss' revenue in the first quarter fiscal 2026?
Koss (KOSS) reported revenue of $4.1M for the first quarter fiscal 2026 (Q1 FY26), +27% from a year earlier and +32% from the quarter before.
Was Koss profitable in the first quarter fiscal 2026?
Operating loss was $46K (-1.1% of revenue) and net earnings $244K.
Source: Koss 10-Q on SEC EDGAR.