Koss Corporation (KOSS) AI Stock Analysis
KOSS AI stock analysis summary
AI ResearchKoss Corporation is a Milwaukee-based designer and manufacturer of stereo headphones and audio accessories. In FY2026, revenue increased 3.1% to $13.0M while net income was -$391,464. The company maintains a conservative balance sheet with $17.5M in net cash and a current ratio of 13.96.
- Market cap
- $34.6M
- Revenue (TTM)
- $13.0M
- P/E
- — fwd 526.3x
- 1Y return
- -29.3% S&P 500 16.8%
- Avg. target
- —
Bull case
- Koss holds $17.5M in net cash with a current ratio of 13.96 as of June 30, 2026.
- Gross margin reached 41.9% in FY2026, improving from 37.8% in FY2025 and 34.0% in FY2023.
- Free cash flow turned positive at $122,721 in FY2026, compared to -$705,625 in FY2025.
Bear case
- Revenue has contracted at a 5-year CAGR of -7.8% from FY2021 to FY2026.
- Trailing twelve-month operating margin stands at -34.2%, well below the peer median of 13.2%.
- KOSS delivered a 1-year return of -29.3%, underperforming the S&P 500 return of 16.8%.
What Koss does
Founded in 1953 and based in Milwaukee, Wisconsin, Koss Corporation designs, manufactures, and distributes stereo headphones and accessories worldwide. Its portfolio includes high-fidelity headphones, wireless Bluetooth headphones and speakers, computer and telecommunications headsets, and active noise canceling headphones. Products are sold across the United States, Canada, Europe, and Asia under the Koss brand and through private label agreements. Sales channels include distributors, audio specialty stores, online platforms, national retailers, electronics retailers, military exchanges, and correctional facilities, supported by roughly 90 domestic dealers and over 2,000 retail outlets across the United States.
Growth and profitability
Koss Corporation generated a 5-year revenue CAGR of -7.8% from FY2021 to FY2026. Annual revenue contracted from $17.7M in FY2022 to $12.3M in FY2024 before growing 2.9% to $12.6M in FY2025 and 3.1% to $13.0M in FY2026. Gross margin expanded to 41.9% in FY2026 from 37.8% in FY2025 and 34.0% in FY2023. Operating margin improved from -190.1% in FY2023 to -11.6% in FY2026. Net income was -$391,464 in FY2026 compared to -$874,831 in FY2025 and -$950,911 in FY2024. In the latest quarter ended June 30, 2026, quarterly revenue grew 5.8% year-over-year, while quarterly earnings grew 37.1%.
Balance sheet and cash flow
As of June 30, 2026, Koss held $19.8M in cash and short-term investments against $2.3M in total debt, leaving $17.5M in net cash. Total assets stood at $36.7M, and shareholders' equity was $30.2M, resulting in a debt-to-equity ratio of 0.08. Liquidity is supported by a current ratio of 13.96. In FY2026, operating cash flow turned positive to $439,207 and free cash flow was $122,721, while capital expenditures totaled $316,486. The company's share count contracted 6.0% over five years.
Valuation and performance
KOSS trades at a market capitalization of $34.6M and an enterprise value of $15.6M. Its forward price-to-earnings multiple of 526.3x sits well above the 18.8x median of its US-listed Technology peers. The stock trades at a price-to-sales multiple of 2.7x, compared to the peer median of 2.8x, and an enterprise value-to-revenue ratio of 1.2x. Over the past year, KOSS generated a return of -29.3%, trailing the S&P 500 return of 16.8%. Over five years, KOSS returned -78.9% versus an 83.0% gain for the benchmark index.
What analysts expect
There are no formal analyst rating counts, price targets, or earnings estimates reported for Koss Corporation. The company also does not have a listed earnings surprise track record. The next scheduled earnings report date for Koss Corporation is October 29, 2026. As of October 16, 2026, the stock closed at $3.66, trading between its 52-week low of $3.30 and 52-week high of $5.59.
Key risks and what to watch
- The business remains unprofitable with an annual net income of -$391,464 in FY2026 and trailing twelve-month EPS of -$0.04.
- The stock exhibits elevated volatility, demonstrated by a beta of 1.63 and a 5-year return of -78.9%.
- Valuation is stretched on forward earnings, with a forward P/E ratio of 526.3x versus the peer median of 18.8x.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this KOSS AI stock analysis
This page is an AI-written research summary of Koss Corporation (KOSS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: KOSS income statement, KOSS balance sheet, KOSS key metrics, KOSS chart. See the KOSS stock overview for the latest quote and news.
KOSS AI stock analysis FAQ
Does Koss Corporation pay a dividend?
Koss Corporation does not currently report any dividend payments.
What is Koss Corporation's cash position?
As of June 30, 2026, Koss held $19.8M in cash and short-term investments and $2.3M in total debt, giving it $17.5M in net cash.
When does Koss Corporation report earnings next?
The company's next earnings date is October 29, 2026.
Who owns Koss Corporation stock?
Insiders own 44.1% of the shares, while institutions hold 5.3%. Short interest represents 4.3% of the float.