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Side-by-side financial comparison of FrontView REIT, Inc. (FVR) and KOPIN CORP (KOPN). Click either name above to swap in a different company.

FrontView REIT, Inc. is the larger business by last-quarter revenue ($16.5M vs $8.4M, roughly 2.0× KOPIN CORP). KOPIN CORP runs the higher net margin — 81.3% vs -24.9%, a 106.2% gap on every dollar of revenue.

The Kopin Corporation is a Westborough, Massachusetts-based electronics manufacturer, best known for its microdisplay devices and application specific optical solutions for defense, enterprise, medical and consumer mobile electronics.

FVR vs KOPN — Head-to-Head

Bigger by revenue
FVR
FVR
2.0× larger
FVR
$16.5M
$8.4M
KOPN
Higher net margin
KOPN
KOPN
106.2% more per $
KOPN
81.3%
-24.9%
FVR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FVR
FVR
KOPN
KOPN
Revenue
$16.5M
$8.4M
Net Profit
$-4.1M
$6.8M
Gross Margin
Operating Margin
-60.0%
Net Margin
-24.9%
81.3%
Revenue YoY
-42.9%
Net Profit YoY
449.5%
EPS (diluted)
$-0.19
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FVR
FVR
KOPN
KOPN
Q4 25
$16.5M
$8.4M
Q3 25
$16.8M
$12.0M
Q2 25
$17.6M
$8.5M
Q1 25
$16.2M
$10.5M
Q4 24
$14.6M
Q3 24
$14.5M
$13.3M
Q2 24
$12.3M
Q1 24
$10.0M
Net Profit
FVR
FVR
KOPN
KOPN
Q4 25
$-4.1M
$6.8M
Q3 25
$4.0M
$4.1M
Q2 25
$-2.9M
$-5.2M
Q1 25
$-833.0K
$-3.1M
Q4 24
$-1.9M
Q3 24
$-2.4M
$-3.5M
Q2 24
$-5.9M
Q1 24
$-32.5M
Operating Margin
FVR
FVR
KOPN
KOPN
Q4 25
-60.0%
Q3 25
37.9%
Q2 25
-64.6%
Q1 25
-37.1%
Q4 24
-15.1%
Q3 24
-21.0%
Q2 24
-44.2%
Q1 24
-325.4%
Net Margin
FVR
FVR
KOPN
KOPN
Q4 25
-24.9%
81.3%
Q3 25
23.9%
34.1%
Q2 25
-16.5%
-61.1%
Q1 25
-5.1%
-29.5%
Q4 24
-13.3%
Q3 24
-16.7%
-26.0%
Q2 24
-48.0%
Q1 24
-324.4%
EPS (diluted)
FVR
FVR
KOPN
KOPN
Q4 25
$-0.19
$0.04
Q3 25
$0.19
$0.02
Q2 25
$-0.16
$-0.03
Q1 25
$-0.06
$-0.02
Q4 24
$0.02
Q3 24
$-0.03
Q2 24
$-0.05
Q1 24
$-0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FVR
FVR
KOPN
KOPN
Cash + ST InvestmentsLiquidity on hand
$13.5M
$36.4M
Total DebtLower is stronger
$314.3M
Stockholders' EquityBook value
$391.2M
$64.1M
Total Assets
$854.4M
$108.4M
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVR
FVR
KOPN
KOPN
Q4 25
$13.5M
$36.4M
Q3 25
$19.6M
$26.5M
Q2 25
$8.4M
$26.8M
Q1 25
$3.3M
$31.5M
Q4 24
$35.6M
Q3 24
$36.2M
Q2 24
$17.6M
Q1 24
$21.1M
Total Debt
FVR
FVR
KOPN
KOPN
Q4 25
$314.3M
Q3 25
$307.1M
Q2 25
$316.9M
Q1 25
$310.2M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FVR
FVR
KOPN
KOPN
Q4 25
$391.2M
$64.1M
Q3 25
$385.2M
$21.3M
Q2 25
$369.9M
$16.0M
Q1 25
$324.7M
$20.7M
Q4 24
$23.3M
Q3 24
$1.0K
$22.7M
Q2 24
$-216.3K
Q1 24
$4.9M
Total Assets
FVR
FVR
KOPN
KOPN
Q4 25
$854.4M
$108.4M
Q3 25
$846.8M
$61.2M
Q2 25
$856.5M
$61.2M
Q1 25
$860.8M
$65.0M
Q4 24
$70.8M
Q3 24
$1.0K
$70.6M
Q2 24
$49.0M
Q1 24
$51.3M
Debt / Equity
FVR
FVR
KOPN
KOPN
Q4 25
0.80×
Q3 25
0.80×
Q2 25
0.86×
Q1 25
0.96×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FVR
FVR
KOPN
KOPN
Operating Cash FlowLast quarter
$42.1M
$-7.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.15×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVR
FVR
KOPN
KOPN
Q4 25
$42.1M
$-7.9M
Q3 25
$8.3M
$-110.4K
Q2 25
$9.3M
$-4.2M
Q1 25
$8.1M
$-3.4M
Q4 24
$-1.6M
Q3 24
$-6.5M
Q2 24
$-3.1M
Q1 24
$-3.1M
Free Cash Flow
FVR
FVR
KOPN
KOPN
Q4 25
Q3 25
Q2 25
$-4.9M
Q1 25
$-3.9M
Q4 24
$-2.1M
Q3 24
$-6.5M
Q2 24
$-3.1M
Q1 24
$-3.4M
FCF Margin
FVR
FVR
KOPN
KOPN
Q4 25
Q3 25
Q2 25
-57.9%
Q1 25
-37.1%
Q4 24
-14.2%
Q3 24
-48.6%
Q2 24
-25.5%
Q1 24
-33.4%
Capex Intensity
FVR
FVR
KOPN
KOPN
Q4 25
Q3 25
Q2 25
8.7%
Q1 25
4.7%
Q4 24
3.4%
Q3 24
0.1%
Q2 24
0.5%
Q1 24
2.4%
Cash Conversion
FVR
FVR
KOPN
KOPN
Q4 25
-1.15×
Q3 25
2.06×
-0.03×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FVR
FVR

Segment breakdown not available.

KOPN
KOPN

Net Product Revenues$5.6M67%
Other$2.7M33%

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