KOPIN CORP Q2 2026: Revenue $12.73M, Net income $0.83M, EPS $0— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.KOPIN CORP reported Q2 2026 results with revenue rising 50.7% YoY to $12.73M and returning to net income of $0.83M, compared to a prior-year loss. Diluted EPS was $0.00. ASC 606 revenues reached $9.9M, driven by defense product demand. The company secured government grants for MicroLEDs and a Fabric.AI agreement, while planning $5.0–$6.5M in H2 capital expenditures.
Kopin Corp reported second-quarter 2026 results with revenue rising to $12.73M and a return to net income of $0.83M, compared with a net loss in the year-ago quarter; diluted EPS was $0 for the quarter.
Financial Highlights
- Revenue was $12.734M for Q2 2026, compared with $8.455M in the prior-year quarter; YoY change 50.7%.
- Net income was $0.831M for Q2 2026, compared with a net loss of $(5.167) M in the prior-year quarter; improvement of $5.998M YoY.
- Diluted EPS was $0.00 for Q2 2026, compared with $(0.03) in the prior-year quarter.
Business Highlights
- ASC 606 revenues rose year over year to $9.9M in Q2 2026, driving total revenues to $12.7M versus $8.5M a year earlier.
- Product mix shifted toward defense: increased volumes of thermal weapon sights and LCDs, while industrial sales declined amid pricing pressure.
- R&D funding increased, including a government grant for ultra‑bright MicroLEDs; a new development agreement with Fabric.AI began in April 2026.
- Recognized grant and collaboration revenues and recorded investment gains that supported near‑term liquidity planning.
- Maintains restricted cash for operations and plans $5.0–$6.5M in capital expenditures for H2 2026 to support product development.
Original SEC Filing: KOPIN CORP [ KOPN ] - 10-Q - Aug. 11, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.