Kopin Corporation (KOPN)财务
NASDAQ · Technology · Semiconductors · 员工145人 · CEO Michael Murray
- 股价
- $3.79 -5.96%
- 市值
- $7.04亿
- 企业价值
- $6.81亿
- 最近财报
- Q2 '26 2026-08-11提交
- 下次财报
- 2026-11-11 EPS预期 -$0.01
营收(TTM)$4360万-7.1% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)-34.6%-3.9 百分点 对比去年同期营业利润 -$1510万
净利润(TTM)$791万+157.8% 对比去年同期税后,含营业外收益
自由现金流(TTM)-$1840万-6.2% 对比去年同期资本支出 $532万
稀释EPS(TTM)$0.04+149.3% 对比去年同期最近4个季度之和
净现金$2370万-3.5% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $7.04亿 EV $6.81亿
- 营收
- $4360万 过去12个月
- 营收增速
- +58% FY2026年一致预期
- 净利润率
- 18.1% 净利润 / 营收,TTM
- P/E
- 85.7× 预期 -189.5×(FY2026)
- P/S
- 16.2× 股价 / 营收,TTM
- EV / EBITDA
- 99.3× TTM
- 自由现金流
- -$1840万 过去12个月
- 净利润
- $791万 过去12个月
- 营收预期
- $6060万 FY2026年一致预期
- 盈利
- 2026-11-11 营收预期 $1600万
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-11):营收超预期8.1%,EPS 超预期135.2%营收$1270万,预期$1170万(+8.1%);EPS $0.00,预期-$0.01(+135.2%)。
- 营收增长加速:同比50.6%Q2 '26营收$1270万,此前四个季度的平均值为-21.1%。
- 营业利润率-34.6%(TTM),较去年同期-3.9 百分点营收增长-7.1%,营业利润增长-4.8%。
- 税前利润的349.7%来自营业外收益税前利润$604万,营业利润-$1510万(TTM)。股权投资收益等一次性项目推高了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的12.2%(去年为3.7%)最近4个季度投入$532万(同比+205.8%)。自由现金流-$1840万,相当于净利润的-233.0%。
- 稀释股数一年内增加15.5%Q2 '26稀释股数1.92亿,一年前为1.66亿。
- 净现金 $2370万现金 + 短期投资 $2490万,含租赁债务 $116万;一年前净现金 $2460万。
上一季度:Q2 '26
截至2026-06-27的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $1270万 | $845万 | +50.6% |
| 毛利率 | 48.3% | 16.4% | +31.9 百分点 |
| 营业利润 | -$350万 | -$546万 | +35.8% |
| 营业利润率 | -27.5% | -64.6% | +37.1 百分点 |
| 净利润 | $83.1万 | -$517万 | +116.1% |
| 稀释EPS | $0.00 | -$0.03 | +113.8% |
| 经营现金流 | -$433万 | -$416万 | -4.2% |
| 资本支出 | $381万 | $73.3万 | +419.7% |
| 自由现金流 | -$814万 | -$489万 | -66.4% |
| R&D | $452万 | $195万 | +132.5% |
| 股权激励费用 | $14.7亿 | $74.8万 | +196,278.3% |
实际 vs 一致预期
2026-08-11| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $1270万 | $1170万 | +8.1% |
| EPS(一致预期口径) | $0.00 | -$0.01 | +135.2% |
来自2026-08-11发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Defense | $731万 | +17.5% | 69.2% | $2730万 | -26.7% | |
| Grant | $260万 | – | 24.6% | – | – | |
| Research and Development | – | – | – | – | – | |
| Industrial | $2.04万 | -98.0% | 0.2% | $169万 | -24.7% | |
| Medical | $30.9万 | +45.2% | 2.9% | – | – | |
| Collaboration | $27.1万 | – | 2.6% | – | – | |
| License and Royalties | $5.6万 | +14.3% | 0.5% | $41万 | +19.2% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Americas | $1230万 | +50.2% | 49.2% | $4140万 | -8.2% | |
| United States | $1230万 | +50.6% | 49.2% | $4130万 | -8.3% | |
| Asia Pacific | $5.6万 | -52.5% | 0.2% | $90.5万 | -18.9% | |
| Europe | $35.2万 | +170.5% | 1.4% | $133万 | +75.5% | |
| Other Americas | – | – | – | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- -$1310万
- 资本支出
- -$532万
- 股票回购
- -$2.82万
- 股息
- $0
- 收购
- -$209万
- 债务净发行
- $0
- 股权激励费用
- $14.7亿
- 自由现金流
- -$1840万
- 股东回报 / FCF
- -0.2%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 85.7× | 159.7× 5年中的1年 | 159.7× – 159.7× |
| EV / EBITDA | 99.3× | 95.3× 5年中的1年 | 95.3× – 95.3× |
| EV / 营收 | 15.6× | 5.6× | 2.3× – 9.0× |
| 股价 / FCF | -38.2× | – | – |
| 股价 / 净资产 | 10.3× | 7.1× | 4.7× – 9.7× |
| FCF收益率 | -2.6% | -7.8% | -16.3% – -3.1% |
| 投入资本回报率 | -21.4% | -65.6% | -157.0% – -18.5% |
| 净资产收益率 | 13.7% | -73.1% | -188.5% – 3.6% |
分析师
一致目标价 $7.40 (+95.3%)
区间 $6.50 – $10.00 · 评级 Buy
强烈买入0
买入5
持有2
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $6060万 | +57.6% | -$0.02 | -237.0% | -189.5× | 5 |
| FY2027 | $7950万 | +31.2% | $0.00 | +120.0% | 947.5× | 5 |
| FY2028 | $9250万 | +16.4% | $0.01 | +150.0% | 379.0× | 3 |
| FY2029 | $1.09亿 | +17.9% | $0.11 | +1,000.0% | 34.5× | 1 |
| FY2030 | $1.19亿 | +9.5% | $0.00 | -100.0% | – | 0 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Kopin Corp.在近期10-Q / 10-K文件中标记的全部272项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| – | – | – | $510万 | – | – | |
| $4.402026-03-28 | – | – | $4.40 | – | – | |
| Accounts and Other Receivables, Net, Current | $451万2026-06-27 | – | – | $506万 | – | – |
| Accounts Payable | – | – | – | $7.25万2024-12-28 | $9.76万 | -25.7% |
| Accounts Payable, Current | $485万2026-06-27 | $413万 | +17.3% | $532万 | $594万 | -10.5% |
| Accounts Payable, Interest-bearing, Interest Rate | 2.0%2025-12-27 | – | – | 2.00 | – | – |
| Accounts Receivable, after Allowance for Credit Loss | $536万2026-06-27 | $52.8万 | +915.0% | $545万 | $37.4万 | +1,358.2% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $1070万2026-06-27 | $948万 | +13.2% | $1070万 | $1190万 | -9.5% |
| Accounts Receivable, Allowance for Credit Loss | $1.9万2025-12-27 | $108万 | -98.2% | $1.9万 | $108万 | -98.2% |
| Accounts Receivable, Allowance for Credit Loss, Current | $1.93万2026-06-27 | $102万 | -98.1% | $1.9万 | $108万 | -98.2% |
| Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease) | – | – | – | $15.5万2018-12-29 | -$1.3万 | +1,292.3% |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $02026-06-27 | – | – | $60万 | – | – |
| Accounts Receivable, before Allowance for Credit Loss, Current | $1070万2026-06-27 | $1050万 | +2.3% | – | – | – |
| Accounts Receivable, Credit Loss Expense (Reversal) | – | – | – | $8.5万2024-12-28 | $78.9万 | -89.2% |
| Accrued Payroll Taxes, Current | $327万2026-06-27 | $235万 | +39.3% | $223万 | $241万 | -7.4% |
| Accrued Professional Fees, Current | $18.5万2025-12-27 | $637万 | -97.1% | $18.5万 | $637万 | -97.1% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1470万2025-12-27 | $1700万 | -13.2% | $1470万 | $1700万 | -13.2% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $176万2025-09-27 | $132万 | +33.7% | $203万2024-12-28 | $123万 | +64.9% |
| Additional Paid in Capital | $4.72亿2026-06-27 | $4.24亿 | +11.5% | $4.63亿 | $4.22亿 | +9.7% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 270万2026-06-27 | 701万 | -61.5% | 483万2024-12-28 | 193万 | +150.2% |
| AOCI Including Portion Attributable to Noncontrolling Interest, before Tax | – | – | – | $203万2024-12-28 | $123万 | +64.9% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $97.4万2026-06-27 | $74.8万 | +30.2% | $303万 | $333万 | -9.1% |
| Asset Impairment Charges | – | – | – | $90万 | $180万 | -50.0% |
| Asset Retirement Obligation | – | – | – | $35.1万2024-12-28 | $25.5万 | +37.8% |
| Asset Retirement Obligation, Current | $02025-12-27 | $40万 | -100.0% | $0 | $40万 | -100.0% |
| Asset Retirement Obligation, Foreign Currency Translation Gain (Loss) | – | – | – | -$38502024-12-28 | $1.26万 | -130.6% |
| Asset Retirement Obligation, Period Increase (Decrease) | – | – | – | -$35.1万 | $10万 | -450.8% |
| Asset Retirement Obligations, Noncurrent | $17802026-06-27 | $38.8万 | -99.5% | $3680 | $35.8万 | -99.0% |
| Assets | $1.06亿2026-06-27 | $6120万 | +73.7% | $1.08亿 | $7080万 | +53.2% |
| Assets, Current | $7930万2026-06-27 | $5260万 | +50.6% | $9180万 | $6280万 | +46.1% |
| Capital Units, Authorized | 3,0002026-03-28 | – | – | 3,000 | – | – |
| Cash | $3410万2026-03-28 | – | – | $3640万 | $1420万 | +156.7% |
| Cash and Cash Equivalents, at Carrying Value | $2490万2026-06-27 | $2440万 | +2.1% | $3640万 | $1420万 | +157.1% |
| Cash Divested from Deconsolidation | $40万2025-08-08 | – | – | $40万2025-08-08 | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $5030万2026-06-27 | $2540万 | +97.8% | $6160万 | $1520万 | +305.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$921万2026-06-27 | $904万 | -201.9% | $4640万 | $900万 | +415.8% |
| Class of Warrant or Right, Exercise Price of Warrants or Rights | $0.012025-09-27 | – | – | $3.492016-12-31 | $3.49 | 0.0% |
| Class of Warrant or Right, Outstanding | 1000万2025-09-27 | – | – | 600万2023-01-27 | – | – |
| Common Stock, Par or Stated Value Per Share | $0.012026-06-27 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 2.75亿2026-06-27 | 2亿 | +37.5% | 2.75亿 | 2亿 | +37.5% |
| Common Stock, Shares, Issued | 1.87亿2026-06-27 | 1.63亿 | +14.4% | 1.83亿 | 1.61亿 | +13.5% |
| Common Stock, Shares, Outstanding | 1.81亿2026-06-27 | 1.57亿 | +15.3% | 1.77亿 | 1.56亿 | +13.3% |
| Common Stock, Value, Issued | $182万2026-06-27 | $157万 | +15.7% | $178万 | $156万 | +13.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $420万2025-09-27 | -$347万 | +221.2% | -$4310万2024-12-28 | -$1970万 | -118.8% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $83.1万2026-06-27 | -$530万 | +115.7% | $57.4万 | -$4310万 | +101.3% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $495万2026-06-27 | $684万 | -27.7% | $603万 | $707万 | -14.7% |
| Contract with Customer, Liability, Current | $696万2026-06-27 | $27.5万 | +2,428.7% | $117万 | $8.78万 | +1,231.0% |
| Contract with Customer, Liability, Noncurrent | $17802026-06-27 | $5570 | -68.0% | $7470 | $7470 | 0.0% |
| Contract with Customer, Liability, Revenue Recognized | $10万2026-06-27 | $0 | – | $10万 | $90万 | -88.9% |
| Contract with Customer, Refund Liability, Noncurrent | $12.9万2026-03-28 | – | – | $9.89万 | – | – |
| Current Foreign Tax Expense (Benefit) | – | – | – | $20.8万 | $17万 | +22.4% |
| Current Income Tax Expense (Benefit) | $210万 | $10万 | +2,000.0% | $20.8万 | $17万 | +22.4% |
| Debt Instrument, Redemption Price, Percentage | 150.0%2026-03-28 | – | – | 150.0% | – | – |
| Debt Securities, Available-for-sale | $50万2025-12-27 | $2190万 | -97.7% | $50万 | $2190万 | -97.7% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain (Loss), before Tax | – | – | – | $19.6万2024-12-28 | -$5.82万 | +436.7% |
| Debt Securities, Available-for-sale, Amortized Cost | $50万2025-12-27 | $2170万 | -97.7% | $50万 | $2170万 | -97.7% |
| Deconsolidation, Gain (Loss), Amount | $1110万2025-08-08 | – | – | $1110万2025-08-08 | – | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$156万 | -$690万 | +77.4% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $151万 | -$21.8万 | +794.5% |
| Deferred Income, Current | $269万2025-12-27 | – | – | $269万 | – | – |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-27, 10-Q 2026-03-28, 10-K 2025-12-27, 10-Q 2025-09-27, 10-Q 2025-06-28, 10-Q 2025-03-29, 10-K 2024-12-28, 10-Q 2024-09-28, 10-Q 2024-06-29
数据截至 2026-11-02