Kopin Corp income statement
In fiscal 2025, Kopin Corp reported revenue of $39.3m, down 21.9% on the year before, operating income of −$9.9m (a -25.1% margin) and net income of $2.6m, or $0.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 115 | 58 | 65 | 35 | 23 | 32 | 32 | 23 | 28 | 24 | 30 | 40 | 46 | 47 | 40 | 50 | 39 | 44 |
| Cost of revenue | — | — | — | — | — | — | — | 18 | 18 | 16 | 21 | 21 | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | 5 | 10 | 9 | 9 | 19 | — | — | — | — | — | — |
| Research and development | — | 11 | 13 | 12 | 16 | 15 | 15 | 15 | 16 | 13 | 9 | 4 | 6 | 8 | 4 | 6 | 7 | 5 |
| Selling, general and administrative | 14 | 12 | 16 | 17 | 19 | 20 | 18 | 17 | 21 | 27 | 21 | 12 | 18 | 18 | 22 | 23 | 16 | 18 |
| Operating income | 10 | −3 | −8 | −21 | 36 | −28 | −25 | −20 | −30 | −40 | −26 | −5 | −14 | −22 | −17 | −43 | −10 | −10 |
| Income before tax | 19 | 2 | −6 | −20 | −38 | −28 | −15 | −20 | −28 | −34 | −29 | −4 | −13 | −19 | −20 | −44 | 3 | 6 |
| Income tax | 1 | −0 | 0 | 1 | −13 | −0 | −0 | −3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 |
| Net income | 19 | 9 | 3 | −18 | −5 | −28 | −15 | −24 | −25 | −35 | −30 | −4 | −13 | −19 | −20 | −44 | 3 | 8 |
| Diluted EPS | $0.29 | $0.13 | $0.05 | −$0.29 | −$0.08 | −$0.45 | −$0.23 | −$0.37 | −$0.36 | −$0.47 | −$0.37 | −$0.05 | −$0.15 | −$0.21 | −$0.18 | −$0.33 | $0.01 | $0.04 |
| Diluted shares (average) | 67m | 67m | 65m | 64m | 62m | 63m | 63m | 64m | 70m | 73m | 80m | 82m | 89m | 91m | 109m | 133m | 175m | 187m |
| EBITDA | 16 | 0 | −4 | −17 | 38 | −26 | −24 | −19 | −29 | −39 | −26 | −4 | −13 | −21 | −17 | −42 | −9 | −9 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 15 | 11 | 8 | 12 | 8 | 11 | 13 |
| Research and development | 3 | −1 | 1 | 1 | 3 | 0 | 1 | 1 |
| Selling, general and administrative | 5 | 3 | 5 | 5 | 2 | 5 | 6 | 5 |
| Operating income | −3 | −2 | −4 | −5 | 5 | −5 | −6 | −4 |
| Income before tax | −3 | −2 | −3 | −5 | 4 | 7 | −4 | −1 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 |
| Net income | −3 | −2 | −3 | −5 | 4 | 7 | −4 | 1 |
| Diluted EPS | −$0.03 | $0.01 | −$0.02 | −$0.03 | $0.02 | $0.04 | −$0.02 | $0.00 |
| EBITDA | −3 | −2 | −4 | −5 | 5 | −5 | −6 | −3 |
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