Stocks · Technology · Semiconductors & Related Devices

KOPIN CORP

KOPN Clue Score34
United States Fiscal year ends December CIK 0000771266
$4.46 +6.19% Close, 9 Oct 2026
Price $4.46 −7.47% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue22.6Operating income−20.5Net income−23.6EPS, diluted−0.37Fiscal year 2017Revenue27.8 +23.0%Operating income−30.3Net income−25.2Fiscal year 2018Revenue24.5 −12.1%Operating income−40.0Net income−34.5Fiscal year 2019Revenue29.5 +20.7%Operating income−26.4Net income−29.5Fiscal year 2020Revenue40.1 +35.9%Operating income−4.8Net income−4.4Fiscal year 2021Revenue45.7 +13.8%Operating income−13.8Net income−13.4EPS, diluted−0.15Fiscal year 2022Revenue47.4 +3.8%Operating income−21.8Net income−19.3EPS, diluted−0.21Fiscal year 2023Revenue40.4 −14.8%Operating income−17.2Net income−19.7EPS, diluted−0.18Fiscal year 2024Revenue50.3 +24.6%Operating income−43.1Net income−43.9EPS, diluted−0.33Fiscal year 2025Revenue39.3 −21.9%Operating income−9.9Net income2.6EPS, diluted0.01
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 22.6 27.8 24.5 29.5 40.1 45.7 47.4 40.4 50.3 39.3
Growth +23.0% −12.1% +20.7% +35.9% +13.8% +3.8% −14.8% +24.6% −21.9%
Operating income −20.5 −30.3 −40.0 −26.4 −4.8 −13.8 −21.8 −17.2 −43.1 −9.9
Net income −23.6 −25.2 −34.5 −29.5 −4.4 −13.4 −19.3 −19.7 −43.9 2.6
Growth
EPS, diluted −0.37 n/a n/a n/a n/a −0.15 −0.21 −0.18 −0.33 0.01
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−90.4%Net margin−104.1%Free cash flow margin−117.3%Fiscal year 2017Operating margin−108.8%Net margin−90.7%Free cash flow margin−103.1%Fiscal year 2018Operating margin−163.4%Net margin−141.2%Free cash flow margin−119.7%Fiscal year 2019Operating margin−89.4%Net margin−100.0%Free cash flow margin−71.8%Fiscal year 2020Operating margin−11.9%Net margin−11.0%Free cash flow margin−12.4%Fiscal year 2021Operating margin−30.2%Net margin−29.4%Free cash flow margin−25.8%Fiscal year 2022Operating margin−46.0%Net margin−40.8%Free cash flow margin−39.1%Fiscal year 2023Operating margin−42.5%Net margin−48.9%Free cash flow margin−40.1%Fiscal year 2024Operating margin−85.6%Net margin−87.2%Free cash flow margin−29.9%Fiscal year 2025Operating margin−25.1%Net margin6.6%Free cash flow margin−43.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −90.4% −108.8% −163.4% −89.4% −11.9% −30.2% −46.0% −42.5% −85.6% −25.1%
Net margin −104.1% −90.7% −141.2% −100.0% −11.0% −29.4% −40.8% −48.9% −87.2% 6.6%
Free cash flow margin −117.3% −103.1% −119.7% −71.8% −12.4% −25.8% −39.1% −40.1% −29.9% −43.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−26.2Capital expenditure−0.4Free cash flow−26.6Buybacks0.0Dividends paid0.0Fiscal year 2017Operating cash flow−25.9Capital expenditure−2.8Free cash flow−28.7Dividends paid−0.8Fiscal year 2018Operating cash flow−28.1Capital expenditure−1.2Free cash flow−29.3Fiscal year 2019Operating cash flow−21.0Capital expenditure−0.2Free cash flow−21.2Fiscal year 2020Operating cash flow−4.4Capital expenditure−0.5Free cash flow−5.0Fiscal year 2021Operating cash flow−10.7Capital expenditure−1.0Free cash flow−11.8Fiscal year 2022Operating cash flow−17.7Capital expenditure−0.8Free cash flow−18.5Fiscal year 2023Operating cash flow−15.3Capital expenditure−0.9Free cash flow−16.2Fiscal year 2024Operating cash flow−14.2Capital expenditure−0.8Free cash flow−15.0Fiscal year 2025Operating cash flow−15.5Capital expenditure−1.4Free cash flow−17.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −26.2 −25.9 −28.1 −21.0 −4.4 −10.7 −17.7 −15.3 −14.2 −15.5
Capital expenditure −0.4 −2.8 −1.2 −0.2 −0.5 −1.0 −0.8 −0.9 −0.8 −1.4
Free cash flow −26.6 −28.7 −29.3 −21.2 −5.0 −11.8 −18.5 −16.2 −15.0 −17.0
Growth
Buybacks 0.0 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Dividends paid 0.0 −0.8 n/a n/a n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash15.8Shareholders’ equity74.1Fiscal year 2017Cash24.8Shareholders’ equity76.8Fiscal year 2018Cash14.3Shareholders’ equity47.9Fiscal year 2019Cash6.0Shareholders’ equity28.6Fiscal year 2020Cash17.1Shareholders’ equity28.4Fiscal year 2021Cash26.8Shareholders’ equity39.8Fiscal year 2022Cash8.3Shareholders’ equity24.2Fiscal year 2023Cash5.7Shareholders’ equity29.5Fiscal year 2024Cash14.2Shareholders’ equity23.3Fiscal year 2025Cash36.4Shareholders’ equity64.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 15.8 24.8 14.3 6.0 17.1 26.8 8.3 5.7 14.2 36.4
Shareholders’ equity 74.1 76.8 47.9 28.6 28.4 39.8 24.2 29.5 23.3 64.1

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 30 Dec 2017 FY2018 29 Dec 2018 FY2019 28 Dec 2019 FY2020 26 Dec 2020 FY2021 25 Dec 2021 FY2022 31 Dec 2022 FY2023 30 Dec 2023 FY2024 28 Dec 2024 FY2025 27 Dec 2025
Revenue and profit
22.6 27.8 24.5 29.5 40.1 45.7 47.4 40.4 50.3 39.3
Growth +23.0% −12.1% +20.7% +35.9% +13.8% +3.8% −14.8% +24.6% −21.9%
17.8 18.1 15.8 20.9 21.4 n/a n/a n/a n/a n/a
15.3 15.5 12.6 9.1 3.9 6.3 8.4 3.6 5.8 6.7
17.0 20.5 27.2 21.3 11.8 18.1 18.0 21.8 22.8 16.3
−20.5 −30.3 −40.0 −26.4 −4.8 −13.8 −21.8 −17.2 −43.1 −9.9
Growth
−19.9 −28.3 −34.5 −29.3 −4.4 −13.3 −19.2 −19.6 −43.7 2.8
−3.1 3.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 0.2
−23.6 −25.2 −34.5 −29.5 −4.4 −13.4 −19.3 −19.7 −43.9 2.6
Growth
Per share
−0.37 n/a n/a n/a −0.05 −0.15 −0.21 −0.18 −0.33 0.01
−0.37 n/a n/a n/a n/a −0.15 −0.21 −0.18 −0.33 0.01
Growth
64.0 n/a n/a n/a 82.3 88.8 91.4 109.0 132.9 171.3
64.0 n/a n/a n/a n/a 88.8 91.4 109.0 132.9 175.1
Growth +2.9% +19.2% +21.9% +31.8%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue shrank 0.4% a year over five years.
  • The diluted share count rose 173.5% in five years, which is dilution.
  • Operating margin is down 13.2 points on five years ago, at -25.1%.
  • A net loss in 9 of 10 years on file.