Kopin Corporation (KOPN) Income Statement
KOPN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKOPN revenue and net income
Where KOPN's revenue goes
2025Each bar shows an amount and its share of revenue. KOPN kept 6.8% of revenue as net income.
KOPN profit margins
KOPN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −23.6% | −6.7% | −0.8% | +1.8% |
| Gross profit | +2.6% | +32.6% | −10.7% | +0.2% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KOPN quarterly EPS vs estimates
Kopin beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 11, 2026 (estimate $0.00).
KOPN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38.5M | $50.3M | $40.4M | $47.4M | $45.7M | $40.1M | $29.5M | $24.5M | $27.8M | $22.6M |
| Cost of revenue | $27.8M | $40.0M | $25.0M | $42.8M | $25.1M | $21.4M | $25.1M | $20.7M | $21.5M | $18.6M |
| Gross profit | $10.6M | $10.4M | $15.4M | $4.6M | $20.6M | $18.7M | $4.4M | $3.7M | $6.4M | $4.0M |
| Research & development | $10.1M | $9.6M | $10.8M | $18.7M | $16.3M | $11.7M | $13.3M | $17.4M | $18.9M | $16.0M |
| Sales, general & admin | $16.3M | $22.8M | $21.8M | $50.5M | $43.2M | $11.8M | $21.3M | $27.2M | $20.5M | $17.0M |
| Total operating expenses | $25.6M | $53.5M | $32.6M | $26.4M | $34.4M | $23.5M | $30.8M | $43.7M | $36.7M | $24.5M |
| Operating income | −$15.0M | −$43.1M | −$17.2M | −$21.8M | −$13.8M | −$4.8M | −$26.4M | −$36.0M | −$30.3M | −$20.5M |
| Interest income | $1.1M | $817,180 | $659,653 | $76,877 | $31,142 | $132,642 | $543,759 | $640,059 | $775,626 | $658,384 |
| Interest expense | — | — | — | $2.6M | $839,854 | $1.1M | $640,059 | $640,059 | $775,626 | $658,384 |
| Income before taxes | $2.8M | −$43.7M | −$19.6M | −$19.2M | −$13.6M | −$4.4M | −$29.3M | −$34.5M | −$28.3M | −$19.8M |
| Income taxes | $208,000 | $170,000 | $156,000 | $144,000 | $129,000 | $129,000 | $108,000 | $30,000 | $3.0M | $3.1M |
| Net income | $2.6M | −$43.9M | −$19.7M | −$19.3M | −$13.8M | −$4.5M | −$29.5M | −$34.5M | −$25.2M | −$23.4M |
| EBITDA | $3.6M | −$17.7M | −$19.0M | −$18.5M | −$13.1M | −$4.1M | −$25.3M | −$34.1M | −$27.0M | −$27.2M |
| EPS (diluted) | $0.03 | −$0.34 | −$0.13 | −$0.17 | −$0.11 | −$0.04 | −$0.29 | −$0.37 | −$0.36 | −$0.47 |
| Gross margin | 27.6% | 20.6% | 38.2% | 9.6% | 45.1% | 46.7% | 14.9% | 15.3% | 22.8% | 17.8% |
| Operating margin | −38.9% | −85.6% | −42.5% | −46.0% | −30.2% | −11.9% | −89.4% | −147.2% | −108.8% | −90.3% |
| Net margin | 6.8% | −87.2% | −48.9% | −40.8% | −30.2% | −11.3% | −100.0% | −141.2% | −90.7% | −103.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.7M | $10.6M | $7.5M | $12.0M | $8.5M | $10.5M | $14.6M | $13.3M | $12.3M | $10.0M | $8.6M | $10.6M |
| Cost of revenue | $6.6M | $5.6M | $4.7M | $8.4M | $7.1M | $7.6M | $10.6M | $8.3M | $10.5M | $10.6M | $14.4M | $5.4M |
| Gross profit | $6.1M | $4.9M | $2.8M | $3.6M | $1.4M | $2.9M | $4.0M | $5.0M | $1.8M | −$609,686 | −$5.8M | $5.2M |
| Research & development | $4.5M | $4.9M | $3.6M | $2.5M | $1.9M | $2.1M | $3.1M | $2.6M | $1.8M | $2.1M | $2.2M | $3.1M |
| Sales, general & admin | $5.1M | $6.0M | $5.1M | $1.6M | $4.9M | $4.7M | $3.1M | $5.2M | $7.3M | $7.2M | $5.9M | $4.8M |
| Total operating expenses | $9.7M | $10.9M | $12.5M | $4.1M | $6.8M | $6.8M | $16.9M | $7.8M | $7.3M | $32.0M | $994,964 | $7.9M |
| Operating income | −$3.5M | −$6.0M | −$5.0M | −$566,873 | −$5.5M | −$3.9M | −$2.2M | −$2.8M | −$5.5M | −$32.6M | −$6.8M | −$2.7M |
| Interest income | — | $94,162 | $70,103 | $281,194 | $326,302 | $446,448 | $197,646 | $220,017 | $226,677 | $172,840 | $205,631 | $299,506 |
| Interest expense | — | — | — | — | — | $817,180 | — | — | — | — | — | — |
| Income before taxes | −$1.3M | −$3.7M | $6.9M | $4.1M | −$5.1M | −$3.1M | −$1.9M | −$3.3M | −$5.9M | −$32.5M | −$6.4M | −$2.4M |
| Income taxes | −$2.1M | $57,020 | — | $52,000 | $52,000 | $52,000 | — | $125,000 | $4 | $1 | $39,000 | $39,000 |
| Net income | $830,872 | −$3.8M | $6.8M | $4.1M | −$5.2M | −$3.1M | −$1.9M | −$3.5M | −$5.9M | −$32.5M | −$6.5M | −$2.5M |
| EBITDA | −$1.1M | −$3.4M | −$4.8M | $4.3M | −$4.9M | −$2.8M | — | −$3.2M | −$5.8M | −$7.6M | −$6.3M | −$2.3M |
| EPS (diluted) | −$0.03 | −$0.02 | $0.04 | $0.03 | −$0.03 | −$0.01 | −$0.01 | −$0.02 | −$0.04 | −$0.27 | −$0.04 | −$0.01 |
| Gross margin | 48.3% | 46.8% | 37.0% | 29.8% | 16.4% | 27.6% | 27.5% | 37.6% | 14.7% | −6.1% | −67.5% | 48.7% |
| Operating margin | −27.5% | −56.7% | −66.8% | −4.7% | −64.6% | −37.1% | −15.1% | −21.0% | −44.2% | −325.4% | −79.1% | −25.7% |
| Net margin | 6.5% | −35.6% | 90.6% | 34.1% | −61.1% | −29.5% | −13.3% | −26.0% | −48.0% | −324.4% | −75.6% | −23.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KOPN's financial statements (latest annual report filed April 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KOPN financial results
In fiscal year 2025 (ended December 31, 2025), Kopin reported revenue of $38.5 million, down 23.6% from the year before. It had net income of $2.6 million, a net profit margin of 6.8%. Diluted earnings per share came to $0.03. Over five years revenue grew at an average rate of −0.8% a year.
See the KOPN stock overview for the latest quote and news, or the KOPN chart for price history and technical indicators.
KOPN income statement FAQ
What is Kopin's annual revenue?
Kopin reported total revenue of $38.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 23.6% from $50.3 million the previous year.
Is Kopin profitable?
Yes. Kopin reported net income of $2.6 million in fiscal 2025, a net profit margin of 6.8%; its operating margin was −38.9%.
What is Kopin's gross margin?
Kopin's gross margin was 27.6% in fiscal 2025: for every $100 of revenue, Kopin kept $28 after the direct cost of its products and services.
How much does Kopin spend on research and development?
Kopin spent $10.1 million on research and development in fiscal 2025, 26.4% of revenue.
How fast is Kopin growing?
Revenue grew −0.8% a year on average over the last five fiscal years, from $40.1 million to $38.5 million.
What are Kopin's earnings per share?
Kopin earned $0.03 per diluted share in fiscal 2025, compared with $-0.34 a year earlier.
When will Kopin report its next earnings?
Kopin is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does Kopin's fiscal year end?
Kopin's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 13, 2026.