Kopin Q2 revenue $12.7M (+51% YoY), swings to $0.9M net income; sees strong H2

KOPIN CORP

Total revenues $12.7M, up 51% YoY from $8.5M; product revenues $7.6M flat, non-product $5.1M (up 433%).
Net income attributable to common stockholders $0.9M ($0.00/share) vs $5.2M net loss ($0.03) in Q2 2025; operating loss narrowed to $3.5M.
Cash and equivalents $24.3M; total cash incl restricted and marketable securities $50.3M, with $26M restricted for BlueRadios appeal bond.
MicroLED milestones: >150,000 nits full-color brightness, U.S. bonding equipment installed; on track for domestic production mid-2027.
Multiple Sentinel FPV prototype orders from Drone Dominance Program contenders; volume orders expected late August 2026; H2 to exceed prior guidance.

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