NASDAQ$KOPN

Kopin Corp · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Kopin Corp reported 51% revenue growth to $12.7 million and achieved net income of $0.9 million in Q2 2026.

Kopin Corporation delivered strong Q2 2026 results with total revenues rising to $12.7 million, driven by grant and collaboration revenues, while achieving net income of $0.9 million compared to a prior-year loss. The company advanced key programs in MicroLED, Sentinel FPV drones, and Neural I/o AI infrastructure, securing new prototype orders and opening a Dallas design center. Management highlighted operational discipline and expects exceeding prior guidance with a path to GAAP profitability in Q4.

  • Total revenues increased 51% year-over-year to $12.7 million, led by $5.1 million in non-product revenues from grants and collaborations.
  • Achieved net income of $0.9 million ($0.00 per share) versus a $5.2 million loss in Q2 2025, aided by investment gains and tax benefits.
  • Secured multiple Sentinel FPV prototype orders tied to U.S. Drone Dominance Program with volume production expected late August 2026.
  • Reached major MicroLED milestones including 150,000+ nit full-color brightness and U.S. bonding capability, on track for mid-2027 production.

Headline financials

Total Revenue

$12.7M

Previous: $300K+4130.5%
EPS (adj)

$0.00

Previous: -$0.05+100.0%
Net Income

$900K

Previous: -$5.17M+117.4%
Operating Income

-$3.5M

Previous: -$5.46M+35.9%
Cash & Equivalents

$24.3M

No prior period

Revenue & EPS history

Kopin · Revenue · Quarterly

$12.7M

Q2 2026+4,130.5%vs Q2 2025
Beat estimate in 3 of 16 quarters(19%)
ActualEstimate

Revenue by segment

Kopin · $50M total across 5 segments · Q4 2024

  • Defense
    $41.2M
  • R&D
    $6M
  • Industrial/Enterprise
    $2.2M
  • License and Royalties
    $442K
  • Medical
    $103K

Forward guidance

Company expects to exceed prior guidance with a solid second half of 2026 and continued growth into 2027, targeting sustainable GAAP profitability in Q4.

Tailwinds

  • Strong order momentum across defense and AI programs for 2026 and 2027
  • MicroLED program on track for domestic production mid-2027 with potential SBMC revenue
  • Neural I/o platform advancing toward CES 2027 demonstration and 1.6 Tbps transceiver

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports

Historical avg

-1.4%

Avg return

Earnings day

-2.8%

Avg return

5 days after

+4.1%

Avg return

30 days after

42%

28 / 66 earnings

Positive

+23.3%

Q3 2020

Best reaction

-26.0%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q4 2025+1.0%+2.3%
Q1 2026+7.2%+1.4%+3.2%
Q3 2025-0.4%-14.3%-9.3%
Q2 2025+6.5%+5.3%+20.3%
Q1 2025-4.6%-4.5%+3.2%
Q4 2024+8.3%+9.2%+12.5%
Q3 2024+17.0%+10.7%+40.0%
Q2 2024+6.7%+8.7%+5.0%
Q1 2024+8.4%+7.9%-2.6%
Q4 2023-18.1%-18.1%-35.8%
Q3 2023+15.0%+21.3%+22.8%
Q2 2023-8.5%-10.2%-26.0%
Q1 2023+19.0%+29.0%+116.0%
Q4 2022-5.7%-11.3%-4.7%
Q3 2022-5.6%+0.0%+49.1%
Q2 2022-21.2%-20.1%-30.2%
Q1 2022+9.2%-9.2%-22.7%
Q4 2021+8.7%-9.1%-13.0%
Q3 2021+16.1%+15.6%-13.4%
Q2 2021-15.2%-11.8%-12.4%
Q1 2021-3.0%-0.5%+2.2%
Q4 2020-6.4%-10.2%+13.0%
Q3 2020+23.3%+16.7%+50.8%
Q2 2020-19.6%-15.9%-35.0%
Q1 2020+1.7%+10.2%+103.4%
Q4 2019-17.2%-21.9%+15.6%
Q3 2019-6.3%-9.1%-9.1%
Q2 2019-7.0%-5.3%-20.2%
Q1 2019-1.6%-4.0%-15.1%
Q4 2018+0.6%-32.7%-18.2%
Q3 2018-20.6%-25.8%-37.8%
Q2 2018-26.0%-25.0%-27.6%
Q1 2018+2.1%+0.3%+5.4%
Q4 2017+3.2%+14.7%-10.0%
Q3 2017-9.9%-5.1%-10.5%
Q2 2017+18.6%+7.8%+21.3%
Q1 2017-12.4%-18.5%-9.2%
Q4 2016+8.4%+18.3%+10.8%
Q3 2016+0.0%-1.0%+31.6%
Q2 2016-11.6%-9.9%-5.6%
Q1 2016-2.4%
Q4 2015-12.6%
Q3 2015+5.9%
Q2 2015+4.3%
Q1 2015+8.9%
Q4 2014-7.4%
Q3 2014-1.6%
Q2 2014+10.0%
Q1 2014-1.9%
Q4 2013-1.5%
Q3 2013-12.3%
Q2 2013-4.4%
Q1 2013-6.7%
Q4 2012+2.7%
Q3 2012-10.9%
Q2 2012-7.3%
Q1 2011-0.6%
Q1 2012-0.5%
Q4 2009+1.5%
Q4 2011+1.5%
Q3 2010+6.3%
Q3 2011+6.3%
Q4 2010-10.0%
Q2 2010-10.0%
Q2 2011-10.0%
Q1 2010+0.0%

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