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Kopin Corp. logo

Kopin Corp.

KOPN

NASDAQTechnologySemiconductors

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Regular session

$4.8158

−$0.2242 · -4.45%

Aug 24, 2:00 PM ET

KOPN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

22

Expensive

Momentum

43

Neutral

Sentiment

69

Bullish

Risk resilience

17

Extreme Risk

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Company profile

Company website

Kopin Corporation, together with its subsidiaries, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, ferroelectric liquid crystal on silicon displays, organic light emitting diode displays, MicroLED display technologies, application specific optical solutions, backlights, and optical lenses. The company’s products are used for soldier thermal weapon rifle sights, avionic fixed and rotary wing pilot helmets, armored vehicle targeting systems, and training and simulation headsets; industrial and medical headsets; 3D optical inspection systems; and consumer augmented reality and virtual reality wearable headsets systems. Kopin Corporation was incorporated in 1984 and is headquartered in Westborough, Massachusetts.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Michael Murray
Listed since
Apr 15, 1992
Employees
145

Market position

Day range

Current $4.8158

52-week range

Current $4.8158

Open
$4.925
Previous close
$5.04
Volume
1.61M
0.21× average
Average volume
7.52M
Average daily volume
Market cap
892.37M USD
Beta
3.55
Market reference 1
50-day average
$4.2508
+13.29% above average
200-day average
$3.3633
+43.19% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-60.57B USD
P/E (TTM)
108.95×
P/B (TTM)
13.1×
P/S (TTM)
20.46×
EV / EBITDA
-16,621.67×
Earnings yield
0.64%
Free cash flow yield
-4.16%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
41.93%
Operating margin
-34.56%
Net margin
18.13%
Return on equity
3.64%
Return on assets
2.40%
Return on invested capital
-1.91%

Financial health

Debt / equity
0.02×
Current ratio
2.7×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends51%1%-50%-100%Gross margin, FY2021: 23.29%Gross margin, FY2022: 9.63%Gross margin, FY2023: 38.23%Gross margin, FY2024: 20.60%Gross margin, FY2025: 27.65%Operating margin, FY2021: -30.16%Operating margin, FY2022: -45.97%Operating margin, FY2023: -42.52%Operating margin, FY2024: -85.64%Operating margin, FY2025: -38.88%Net margin, FY2021: -29.42%Net margin, FY2022: -40.77%Net margin, FY2023: -48.89%Net margin, FY2024: -87.17%Net margin, FY2025: 6.78%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.29%. Gross margin FY2022 9.63%. Gross margin FY2023 38.23%. Gross margin FY2024 20.60%. Gross margin FY2025 27.65%. Operating margin FY2021 -30.16%. Operating margin FY2022 -45.97%. Operating margin FY2023 -42.52%. Operating margin FY2024 -85.64%. Operating margin FY2025 -38.88%. Net margin FY2021 -29.42%. Net margin FY2022 -40.77%. Net margin FY2023 -48.89%. Net margin FY2024 -87.17%. Net margin FY2025 6.78%.

Income trends

Revenue

38.47M USD-23.58%

Operating income

−14.95M USD+65.31%

Net income

2.61M USD+46.48M USD
Income trends across reported periods59.76M USD22.07M USD−15.61M USD−53.3M USDRevenue, FY2021: 45.67M USDRevenue, FY2022: 47.4M USDRevenue, FY2023: 40.39M USDRevenue, FY2024: 50.34M USDRevenue, FY2025: 38.47M USDOperating income, FY2021: −13.78M USDOperating income, FY2022: −21.79M USDOperating income, FY2023: −17.18M USDOperating income, FY2024: −43.11M USDOperating income, FY2025: −14.95M USDNet income, FY2021: −13.43M USDNet income, FY2022: −19.33M USDNet income, FY2023: −19.75M USDNet income, FY2024: −43.88M USDNet income, FY2025: 2.61M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 45.67M USD. Revenue FY2022 47.4M USD. Revenue FY2023 40.39M USD. Revenue FY2024 50.34M USD. Revenue FY2025 38.47M USD. Operating income FY2021 −13.78M USD. Operating income FY2022 −21.79M USD. Operating income FY2023 −17.18M USD. Operating income FY2024 −43.11M USD. Operating income FY2025 −14.95M USD. Net income FY2021 −13.43M USD. Net income FY2022 −19.33M USD. Net income FY2023 −19.75M USD. Net income FY2024 −43.88M USD. Net income FY2025 2.61M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue38.47M USD50.34M USD40.39M USD47.4M USD45.67M USD
Cost of goods sold27.83M USD39.97M USD24.95M USD42.84M USD35.03M USD
Gross profit10.63M USD10.37M USD15.44M USD4.56M USD10.64M USD
Research and development10.15M USD9.64M USD10.78M USD18.67M USD16.29M USD
Selling, general, and administrative16.3M USD—21.84M USD——
Operating expenses25.59M USD53.48M USD32.62M USD26.35M USD24.41M USD
Interest income1.12M USD817.18K USD829.6K USD76.88K USD31.14K USD
Depreciation and amortization829.55K USD636.58K USD608.22K USD722.02K USD668.69K USD
Operating income−14.95M USD−43.11M USD−17.18M USD−21.79M USD−13.78M USD
Net income2.61M USD−43.88M USD−19.75M USD−19.33M USD−13.43M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-3.47%
11 comparable reports
Latest EPS result
0
Estimate -0.01 · Beat by 135.20%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.080.03-0.02-0.07Q2 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ2 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q2 2025, reported Apr 17, 2025: actual -0.01, estimate -0.02, surprise +50.00%, Beat. Q2 2025, reported May 13, 2025: actual -0.02, estimate -0.01, surprise -100.00%, Miss. Q3 2025, reported Aug 12, 2025: actual -0.03, estimate -0.013, surprise -125.06%, Miss. Q4 2025, reported Nov 12, 2025: actual 0.02, estimate -0.01, surprise +300.00%, Beat. Q2 2026, reported Apr 13, 2026: actual 0.035, estimate -0.018, surprise +301.71%, Beat. Q2 2026, reported May 12, 2026: actual -0.02, estimate -0.01, surprise -100.00%, Miss. Q3 2026, reported Aug 11, 2026: actual 0.004, estimate -0.013, surprise +135.20%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate -0.007, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates16.45M13.55M10.64M7.74MQ2 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ2 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q2 2025, reported Apr 17, 2025: actual 14.65M USD, estimate 12.31M USD, surprise +18.94%, Beat. Q2 2025, reported May 13, 2025: actual 10.54M USD, estimate 12.91M USD, surprise -18.35%, Miss. Q3 2025, reported Aug 12, 2025: actual 8.45M USD, estimate 15.06M USD, surprise -43.86%, Miss. Q4 2025, reported Nov 12, 2025: actual 11.96M USD, estimate 13.08M USD, surprise -8.54%, Miss. Q2 2026, reported Apr 13, 2026: actual 8.37M USD, estimate 10.95M USD, surprise -23.56%, Miss. Q2 2026, reported May 12, 2026: actual 10.6M USD, estimate 9.96M USD, surprise +6.42%, Beat. Q3 2026, reported Aug 11, 2026: actual 12.7M USD, estimate 11.75M USD, surprise +8.09%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 15.82M USD, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jul 13, 2000

2:1

Stock split

Effective Dec 30, 1999

2:1

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