Filing Flows › Koss (KOSS) › Q1 FY27
Koss (KOSS) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 30, 2026
Koss (KOSS) reported revenue of $3.1M for the first quarter fiscal 2027 (Q1 FY27), -24% from a year earlier and -5% from the quarter before. Operating margin was -12.9%, net loss $234K (7.6% of revenue).
Koss, Q1 FY27: revenue $3.1M (-24% year over year), operating margin -12.9%, net loss $234K, operating cash flow −$524K. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1M | -5% | -24% |
| Operating profit | −$401K | -250% | — |
| Net earnings | −$234K | -149% | -196% |
| Operating cash flow | −$524K | -151% | -169% |
What changed
Revenue was $3.1M in Q1 FY27, down 24% year over year and down 5% from the previous quarter.
Gross margin was 39.5%, down 0.5 points from Q1 FY26. Operating costs exceeded revenue by $401K, an operating margin of -12.9%. Operating expenses fell 3% while revenue fell 24%. The quarter ended with a net loss of $234K, after a profit of $477K the previous quarter. Non-operating items added $169K, -73% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$524K. Non-cash charges added back $84K of depreciation and $32K of share-based compensation. Working capital and other items used $407K. Capital expenditures of $449K exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Koss' revenue in the first quarter fiscal 2027?
Koss (KOSS) reported revenue of $3.1M for the first quarter fiscal 2027 (Q1 FY27), -24% from a year earlier and -5% from the quarter before.
Was Koss profitable in the first quarter fiscal 2027?
Operating loss was $401K (-12.9% of revenue) and net loss $234K.
Source: Koss 10-Q on SEC EDGAR.