KOPNNasdaqSemiconductors & Related DevicesFiscal year ends December 27
KOPIN CORP
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 11, 2026
$3.56+0.27 (+8.05%)
Close on Oct 19, 2026
- Market cap
- $682.92M
- P/E (TTM)
- 118.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
-643.9%−632.1 pts over 5 years
Net margin
170.3%+181.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +51.5% | -2.8% | -48.0% | -26.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -27.9% | -15.5% | 6.0% | |
| Return on assets | -52.1% | -9.7% | 2.9% | |
| Current ratio | 6.24 | 2.34 | 2.70 | |
| Inventory turnover | 6.1× | 5.2× | – | |
| Capex to revenue | 1.7% | 1.4% | 93.9% | |
| Diluted shares | 64M | 82M | 175M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Kopin generated $73.46M from operations and spent $5.07M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$73.46M
Used
$5.07M
Capital expenditure$5.07M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin170.3%
×Asset turnover0.02×
×Equity multiplier2.05×
=Return on equity, FY20256.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 170.3% | 0.02× | 2.05× | 6.0% |
| FY2024 | -4344.4% | 0.02× | 2.27× | -166.2% |
| FY2023 | -1046.2% | 0.04× | 1.73× | -73.6% |
| FY2022 | -1160.5% | 0.03× | 1.67× | -60.4% |
| FY2021 | -303.9% | 0.08× | 1.62× | -39.4% |
| FY2020 | -11.0% | 0.89× | 1.59× | -15.5% |
| FY2019 | -100.0% | 0.58× | 1.34× | -77.2% |
| FY2018 | -141.2% | 0.32× | 1.21× | -55.4% |
| FY2017 | -90.7% | 0.31× | 1.19× | -33.5% |
| FY2016 | -104.1% | 0.50× | 0.54× | -27.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$2.61M
- Cash generatingOperating cash flow above zero-$15.54M
- Return on assets improvedROA up on the prior year-89.0% → 3.7%
- Earnings backed by cashOperating cash flow above net income-$15.54M vs $2.61M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.43 → 2.70
- No dilutionShare count did not rise133M → 175M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.02 → 0.02