Kopin Q1 revenue slightly beats analyst expectations, helped by defense orders

Kopin

12/05/2026 13:13

Overview

US microdisplay maker's preliminary Q1 revenue was flat yr/yr, slightly beating analyst expectations

Product revenue fell 41% on lower thermal weapon sight and LCD shipments

Non-product revenue rose sharply, driven by government awards and collaboration agreements

Outlook

Kopin says current liquidity is sufficient to fund operations through at least end-Q2 2027

Company expects growth opportunities from AI hardware, defense, and FPV drone markets

Kopin investing in U.S. OLED microdisplay manufacturing to meet rising domestic defense demand

Result Drivers

PRODUCT REVENUE DECLINE - Lower shipments for thermal weapon sight applications and LCDs drove a 41% drop in product revenue

NON-PRODUCT REVENUE GROWTH - Government awards for MicroLED development and collaboration agreements boosted non-product revenue

DEFENSE CONTRACTS - New and follow-on defense orders, including a $21.5 mln thermal imaging contract and European helmet-mounted display awards, contributed to revenue

Company press release: ID:nBw5bQ8c2a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$10.6 mln
$10.25 mln (6 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Kopin Corp is $5.50, about 10.7% above its May 11 closing price of $4.97

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)