Kopin Corporation (KOPN)

Nasdaq: KOPN · Semiconductors & Related Devices · Westborough, MA · filing with the SEC since 1996

Full chart Alerts Compare

Grade3.9

◀ Past 1.1● Present 3.7▶ Future 6.9

1 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of Kopin Corporation

Nine metrics read from its own filings, by tense

Headline grade

3.9/10

◀ Past1.130% of the headline

● Present3.740% of the headline

▶ Future6.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.1/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed

0.7/10

Has it survived what it has been through?

12 warning events since 2017; the latest 2026-03-27.

weight 33% of this tense · 7th percentile among 99 sector filers · read for itself

From the record

Kopin Corporation's filings since 2017 show 12 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2024-10-16); an auditor change (8-K item 4.01, 2 times, the latest 2024-12-06); a late-report notice (Form NT 10-K or NT 10-Q, 4 times, the latest 2026-03-27) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

1.3/10

What has it actually done, year after year?

-25.9% a year over 10 filed years; profitable in 1 of 10.

weight 45% of this tense · 13th percentile among 93 sector filers · read for its customers

From the record

Kopin Corporation's 10 filed years say what it did: revenue went from $23 million in fiscal 2016 to $2 million in fiscal 2025, down 25.9% a year; it rose in 5 of 9 years; the deepest fall was 97% from fiscal 2020 to fiscal 2024; net income was positive in 1 of 10 of those years (its annual reports).

What it rests on

revenue growth over the filed span-25.9%bottom 2% of its family
the share of years revenue rosebottom 27% of its family
the share of filed years with a profitbottom 20% of its family
the deepest fall from a revenue peak97.5%bottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate

1.5/10

How has it treated the people who own it?

SI estimate 1.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 15th percentile among 94 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: Read from one part only, the share count over the years, which ranks in the bottom 15% of 94 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read: Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned: one part: the share count over the years, the one part on file, ranked among 94 in its family.
Confidence: 35 of 100
What would change it: A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Kopin Corporation's shareholder treatment is put at 1.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 15% of 94 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.7/1040% of the headline grade · 3 of 3 filed

Financial health

as filed

3.7/10

Is it financially healthy right now?

ROE 4%: 4¢ of profit per shareholder dollar. Leverage 41%: owes 41¢ per asset dollar.

weight 45% of this tense · 37th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-27, Kopin Corporation earned about 4 cents of profit for every dollar of shareholders' money. Leverage: it owed about 41 cents per dollar of assets, and net share issuance: its share count grew 28.9% over the year (the filed statements).

What it rests on

what it owes per dollar of assetsbottom 43% of its family
return on equitytop 47% of its family
the share count against the year beforebottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

5.0/10

How strong is its position in its industry?

bottom 49% of 97 in its family; net margin 170.3%.

weight 33% of this tense · 49th percentile among 97 sector filers · read for its customers

From the record

Kopin Corporation's standing among 97 graded names in its industry family: revenue of $2 million in fiscal 2025 ranks in the bottom 6% by size; a net margin of 170.3% ranks in the top 2%; revenue growth of -2.8% a year over the last 3 filed years ranks in the bottom 44% (its annual reports).

What it rests on

revenue against the family$1.5Mbottom 6% of its family
net margin170.3%top 2% of its family
three-year revenue growth-2.8%bottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed

2.0/10

What are the people in charge doing?

bottom 20% of 67 in its family for leadership; chief executive since 2022.

weight 22% of this tense · 20th percentile among 67 sector filers · read for its shareholders

From the record

Kopin Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Murray, Michael Andrew (CEO, as filed), filing under that title since 2022-09-07, 4.2 years (bottom 46% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 3.6 years (bottom 9%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

officer and director changes on Form 8-K, against the people in charge11 in three years among 8 peoplebottom 5% of its family
the median years the people in charge have filed3.6 yearsbottom 9% of its family
the chief executive's years on the record4.2 yearsbottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed

6.2/10

How much room does it have to grow?

top 38% of 94 in its family for room to expand.

weight 45% of this tense · 62nd percentile among 94 sector filers · read for itself

From the record

Kopin Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $36 million against no long-term debt tagged leaves 33.6% of its assets as net cash, top 15% of its family; cash from operations less capital spending is -1109.3% of revenue (bottom 7%); research spending of 437.3% of revenue (top 7%) (its annual report).

What it rests on

cash less debt against assets33.6%top 15% of its family
cash from operations less capital spending against revenue-1109.3%bottom 7% of its family
research spending against revenue437.3%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

6.6/10

What could actually drive growth from here?

top 34% of 93 in its family for growth drivers.

weight 33% of this tense · 66th percentile among 93 sector filers · read for its customers

From the record

Kopin Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -2.8% a year over the last three filed years against -25.9% over all 10, speeding up (top 6% of its family); the newest year grew 51.7% (top 17%); research spending grew -7.3% a year (bottom 15%); capital spending grew 20% a year (top 28%) (its annual reports). Kopin Corporation reported 12 product lines in fiscal 2025: Defense at $29 million (75%), Research and Development at $5 million (12%), Non ASC Six Zero Six Revenues at $1 million (3%), and 9 more; 1 of 6 grew against the year before (its annual report).

What it rests on

three-year growth against the whole span+23.1 points a yeartop 6% of its family
the newest year's revenue growth51.7%top 17% of its family
three-year growth of research spending-7.3%bottom 15% of its family
three-year growth of capital spending20.0%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed

8.8/10

Did its newest year beat what its own record pointed to?

top 12% of 88 in its family for expectations against reality.

weight 22% of this tense · 88th percentile among 88 sector filers · read for its shareholders

From the record

Kopin Corporation's newest year against its own record: revenue of $2 million in fiscal 2025 came in 94.7% above the $786 thousand its prior three years' pace pointed to (top 14% of its family); net income of $3 million against a prior three-year average of $28 million (top 18%); a net margin of more than its whole revenue against losses larger than its revenue before (top 3%) (its annual reports).

What it rests on

revenue against the prior three years' pace94.7%top 14% of its family
net income against the prior three years' average+109%top 18% of its family
net margin against its prior averageup more than 100 pointstop 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton KOPN · research, not advice