Kopin Q1 revenue flat at $10.6M; announces $15M Fabric.AI collaboration and $21.5M defense contract

KOPIN CORP

2026-Q1 EPS reported -$0.02 vs consensus -$0.01 ▼ miss (-39.9%)

Q1 total revenues $10.6M (flat YoY); product revenues down 41% to $5.4M; non-product revenues up 292% to $5.2M.
Strategic collaboration with Fabric.AI for Neural I/o optical interconnect; $15M initial order and 19.9% equity stake.
Secured $21.5M follow-on thermal imaging production contract from major U.S. defense prime.
Entered FPV drone market with $3.2M Sentinel FPV order; potential 40k goggles by 2028.
Cash and cash equivalents $34.1M; total liquidity $59.5M including $25.3M restricted for litigation appeal.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

KOPIN CORP reported first quarter ended March 28, 2026 results: revenue $10.6 million.

Period: first quarter ended March 28, 2026
Revenue: $10.6 million
Result: preliminary results

Exact text from the filing

United States manufacturing four types of microdisplays,” concluded Murray. First Quarter 2026 Financial Results Total revenues for the first quarter ended March 28, 2026, were $10.6 million, as compared to $10.5 million for the first quarter ended March 29, 2025. The slight year-over-year increase reflects new award and collaboration revenue contributions from the

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Source: SEC EDGAR

accession 0001493152-26-022462

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