10-Q quarterly report · filed Nov 12, 2025

KOPIN CORP (KOPN) Q3 2025 10-Q Quarterly Report

Short answer

KOPIN CORP (KOPN) filed its Q3 2025 10-Q quarterly report on Nov 12, 2025 for the quarter ended Sep 27, 2025. Quarterly revenue was $12M (down 10.2% year over year) with net income of $4M.

Q3 2025 key financials · XBRL

Revenue
$12M
−10.2% YoY · +41.5% QoQ
Net income
$4M
+217.9% YoY · +179.0% QoQ
Operating margin
37.9%
EPS (diluted)
$0.02
+200.0% YoY · +166.7% QoQ

Source: XBRL data from the KOPIN CORP (KOPN) Q3 2025 10-Q on SEC EDGAR. USD.

KOPIN CORP Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $12.0M, down 10.2% YoY from $13.3M
  • Defense revenue $9.9M, down from $10.4M; Industrial revenue $749K, up from $489K
  • R&D revenue $1.2M, down from $2.3M amid lower U.S. defense-program funding
  • $15.4M OTA awarded for MicroLED displays; funded R&D revenue expected to increase in fiscal 2026
  • Headwinds: semiconductor shortages, supply-chain disruptions, stronger U.S. dollar, and delayed contract milestones

Risk Factors

  • Going-concern risk improved, with substantial doubt removed for the next twelve months
  • No material changes to previously disclosed regulatory, legal, operational, competitive, or market risks
  • Carried-forward liquidity risk remains the most significant disclosed financial risk

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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