---
schema_version: "secwatch.filing_event.v1"
accession: "0000056701-23-000024"
form_type: "8-K"
ticker: "KOSS"
cik: "0000056701"
company_name: "KOSS CORP"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:25:01.598756+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Koss Q4 sales down 27.6% to $3.1M; net loss of $0.03/sh; FY net income $8.3M on $13.1M revenue

## Summary
- Q4 sales $3,104,031 (-27.6% YoY); net loss $(262,631) vs income $385,595 a year ago.
- Diluted EPS: Q4 loss $(0.03) vs income $0.04; FY diluted EPS $0.85 vs $0.13.
- FY sales $13,099,651 (-26.0% from $17,705,519); net income $8,302,380 vs $1,268,409.
- Education sector orders down ~70%; DTC sales softened; export & domestic distributor declines noted.
- Gross margins fell nearly 4 percentage points due to lower domestic distributor sales; pricing actions helped offset cost inflation.

## SEC filing metadata
- accession: 0000056701-23-000024
- form_type: 8-K
- ticker: KOSS
- cik: 0000056701
- company_name: KOSS CORP
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56701/000005670123000024/0000056701-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56701/000005670123000024/koss-20230824x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056701-23-000024
- JSON: https://secwatch.observer/filing/0000056701-23-000024.json
- Plain text: https://secwatch.observer/filing/0000056701-23-000024.txt

## Key facts
- Earnings Releases
  KOSS CORP reported for the fourth quarter and fiscal year ended June 30, 2023 results: revenue Sales for the fourth fiscal quarter were $3,104,031, net income The net loss for the three months ended June 30, 2023 was $(262,631), EPS Both basic and diluted loss per common share for the quarter were ($0.03).
  - Period: for the fourth quarter and fiscal year ended June 30, 2023
  - Revenue: Sales for the fourth fiscal quarter were $3,104,031
  - Net income: The net loss for the three months ended June 30, 2023 was $(262,631)
  - EPS: Both basic and diluted loss per common share for the quarter were ($0.03)
  - Result: reported results
  source text: U.S. based high-fidelity head phone company, has reported its results for the fourth quarter and fiscal year ended June 30 , 20 2 3 . Sales for the fourth fiscal quarter were $ 3,104,031 , a decline of 2 7.6 % compared to $ 4,290,013 for the same period in the prior year . The net loss for the three months ended June 30, 2023 was $(262,631) while a net income of
  evidence_url: https://www.sec.gov/Archives/edgar/data/56701/000005670123000024/0000056701-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.