Kopin Earnings Reports

Kopin posted Q2 2025 revenue of $8.5 million, down from $12.3 million in the prior year, driven by lower defense-related product shipments. The company highlighted a strategic investment from Theon Sensors and anticipated improved demand in coming quarters. Net loss narrowed to $5.2 million despite reduced volume and under-absorbed overhead costs.

Kopin Corporation saw a 5% increase in total revenues in Q1 2025 compared to the same period in 2024, primarily driven by a 2% increase in product revenues and a 37% increase in funded research revenues. The company significantly reduced its net loss compared to the prior year quarter, which included a substantial litigation damages reserve.

Kopin Corporation concluded fiscal year 2024 with a total revenue of $50.3 million, an increase from the previous year, primarily driven by a significant rise in defense product sales. Despite continued investments in R&D, the company managed to reduce its net loss compared to the prior fiscal year. The company is actively addressing material weaknesses in internal controls and is progressing towards profitability, with sufficient liquidity projected through Q2 2026.

Kopin Corporation reported a 26% increase in revenue for Q3 2024, reaching $13.3 million. The growth was primarily driven by a surge in defense product revenues, which increased by 109% year-over-year. The company is focused on application-specific optical solutions, particularly in the defense sector, and anticipates achieving double-digit revenue growth for 2024.

Kopin Corporation reported an 18% increase in total revenues for the second quarter of 2024, driven by a 106% year-over-year increase in defense product revenues. The company's focus on operational excellence resulted in enhanced margins. They were also selected for several new Phase One development contracts.

Kopin Corporation reported a decrease in total revenues for Q1 2024, primarily due to a decline in funded research and development revenues, while defense product revenues increased. The company faced a significant net loss due to a legal judgment.