Earnings ·
Kopin reports Q3 revenue of $18.2M, up 52% YoY; secures additional $18.6M Army IBAS award
KOPNKopin Corp
Kopin Corporation reported preliminary unaudited financial results for the third quarter ended September 26, 2026. Total revenues grew 52% year-over-year to $18.2 million from $12.0 million in Q3 2025 and rose 43% sequentially from $12.7 million in Q2 2026. The company reported a net loss of $3.4 million, or $(0.02) per share, compared to net income of $4.1 million in the prior year period; the loss included approximately $2.7 million in non-cash losses on strategic equity investments. Loss from operations narrowed sequentially to $0.5 million from a $3.5 million loss in Q2 2026. Additionally, Kopin secured an additional $18.6 million sole-source award from the U.S. Army under the Industrial Base Analysis and Sustainment program, bringing total IBAS funding for its color MicroLED technology to $34 million. The company is a leading provider of application-specific optical systems and high-performance microdisplays for defense, AI infrastructure, enterprise, industrial, consumer and medical products.