Kopin Q2 Revenue Jumps 51%, Beats Across the Board; Drone Orders Loom
KOPN has more than doubled off its 52-week low of $1.68.
Summary
Kopin delivered a strong Q2, with revenue up 51% to $12.7M, beating the $12.43M consensus. EPS came in at breakeven versus the expected $0.01 loss, and net income swung to a $900K profit against a projected $2.49M loss. The beat was fueled by government grants and higher defense product sales, offsetting weaker industrial demand. Management guided for volume drone orders starting late August and sees a path to sustainable GAAP profitability by Q4 2026. This follows a Q1 that extended the liquidity runway, and the Q2 results confirm accelerating momentum in defense and AR programs. The stock, at $4.31, trades well below the $6.50 median analyst target, leaving room for re-rating if the drone ramp materializes.
At the time of this announcement, KOPN was trading at $4.31 on NASDAQ in the Technology sector, with a market capitalization of approximately $780.1M. The 52-week trading range was $1.68 to $6.61. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.