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

Laird Superfood, Inc. is the larger business by last-quarter revenue ($13.3M vs $8.4M, roughly 1.6× KOPIN CORP). KOPIN CORP runs the higher net margin — 81.3% vs -13.2%, a 94.5% gap on every dollar of revenue. On growth, Laird Superfood, Inc. posted the faster year-over-year revenue change (15.0% vs -42.9%). Over the past eight quarters, Laird Superfood, Inc.'s revenue compounded faster (16.1% CAGR vs -8.7%).

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.

Laird Superfood, Inc. develops, manufactures and sells a portfolio of plant-based functional superfood products, including premium coffee creamers, hydration blends, nutritional supplements, and plant-powered snacks. It serves health-conscious consumers through direct-to-consumer e-commerce platforms and offline retail partners, mainly operating in the North American market with a focus on sustainably sourced clean ingredients.

KOPN vs LSF — Head-to-Head

Bigger by revenue
LSF
LSF
1.6× larger
LSF
$13.3M
$8.4M
KOPN
Growing faster (revenue YoY)
LSF
LSF
+57.9% gap
LSF
15.0%
-42.9%
KOPN
Higher net margin
KOPN
KOPN
94.5% more per $
KOPN
81.3%
-13.2%
LSF
Faster 2-yr revenue CAGR
LSF
LSF
Annualised
LSF
16.1%
-8.7%
KOPN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KOPN
KOPN
LSF
LSF
Revenue
$8.4M
$13.3M
Net Profit
$6.8M
$-1.8M
Gross Margin
34.1%
Operating Margin
-60.0%
-13.5%
Net Margin
81.3%
-13.2%
Revenue YoY
-42.9%
15.0%
Net Profit YoY
449.5%
-341.4%
EPS (diluted)
$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
KOPN
KOPN
LSF
LSF
Q4 25
$8.4M
$13.3M
Q3 25
$12.0M
$12.9M
Q2 25
$8.5M
$12.0M
Q1 25
$10.5M
$11.7M
Q4 24
$14.6M
$11.6M
Q3 24
$13.3M
$11.8M
Q2 24
$12.3M
$10.0M
Q1 24
$10.0M
$9.9M
Net Profit
KOPN
KOPN
LSF
LSF
Q4 25
$6.8M
$-1.8M
Q3 25
$4.1M
$-975.1K
Q2 25
$-5.2M
$-362.2K
Q1 25
$-3.1M
$-156.2K
Q4 24
$-1.9M
$-398.4K
Q3 24
$-3.5M
$-166.1K
Q2 24
$-5.9M
$-239.1K
Q1 24
$-32.5M
$-1.0M
Gross Margin
KOPN
KOPN
LSF
LSF
Q4 25
34.1%
Q3 25
36.5%
Q2 25
39.9%
Q1 25
41.9%
Q4 24
38.6%
Q3 24
43.0%
Q2 24
41.8%
Q1 24
40.0%
Operating Margin
KOPN
KOPN
LSF
LSF
Q4 25
-60.0%
-13.5%
Q3 25
37.9%
-7.7%
Q2 25
-64.6%
-3.3%
Q1 25
-37.1%
-1.9%
Q4 24
-15.1%
-4.1%
Q3 24
-21.0%
-2.3%
Q2 24
-44.2%
-3.4%
Q1 24
-325.4%
-11.0%
Net Margin
KOPN
KOPN
LSF
LSF
Q4 25
81.3%
-13.2%
Q3 25
34.1%
-7.6%
Q2 25
-61.1%
-3.0%
Q1 25
-29.5%
-1.3%
Q4 24
-13.3%
-3.4%
Q3 24
-26.0%
-1.4%
Q2 24
-48.0%
-2.4%
Q1 24
-324.4%
-10.3%
EPS (diluted)
KOPN
KOPN
LSF
LSF
Q4 25
$0.04
Q3 25
$0.02
Q2 25
$-0.03
Q1 25
$-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
KOPN
KOPN
LSF
LSF
Cash + ST InvestmentsLiquidity on hand
$36.4M
$5.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$64.1M
$11.5M
Total Assets
$108.4M
$19.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOPN
KOPN
LSF
LSF
Q4 25
$36.4M
$5.1M
Q3 25
$26.5M
$5.1M
Q2 25
$26.8M
$3.9M
Q1 25
$31.5M
$7.0M
Q4 24
$35.6M
$8.3M
Q3 24
$36.2M
$7.9M
Q2 24
$17.6M
$7.6M
Q1 24
$21.1M
$7.1M
Stockholders' Equity
KOPN
KOPN
LSF
LSF
Q4 25
$64.1M
$11.5M
Q3 25
$21.3M
$12.8M
Q2 25
$16.0M
$13.4M
Q1 25
$20.7M
$13.3M
Q4 24
$23.3M
$13.2M
Q3 24
$22.7M
$13.1M
Q2 24
$-216.3K
$12.6M
Q1 24
$4.9M
$12.7M
Total Assets
KOPN
KOPN
LSF
LSF
Q4 25
$108.4M
$19.2M
Q3 25
$61.2M
$18.9M
Q2 25
$61.2M
$20.4M
Q1 25
$65.0M
$21.5M
Q4 24
$70.8M
$19.3M
Q3 24
$70.6M
$18.8M
Q2 24
$49.0M
$18.0M
Q1 24
$51.3M
$17.6M

Cash Flow & Capital Efficiency

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

Metric
KOPN
KOPN
LSF
LSF
Operating Cash FlowLast quarter
$-7.9M
$68.4K
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
KOPN
KOPN
LSF
LSF
Q4 25
$-7.9M
$68.4K
Q3 25
$-110.4K
$1.2M
Q2 25
$-4.2M
$-2.8M
Q1 25
$-3.4M
$-1.3M
Q4 24
$-1.6M
$339.2K
Q3 24
$-6.5M
$305.8K
Q2 24
$-3.1M
$642.7K
Q1 24
$-3.1M
$-422.3K
Free Cash Flow
KOPN
KOPN
LSF
LSF
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
KOPN
KOPN
LSF
LSF
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
KOPN
KOPN
LSF
LSF
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
KOPN
KOPN
LSF
LSF
Q4 25
-1.15×
Q3 25
-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

KOPN
KOPN

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

LSF
LSF

Wholesale$7.0M52%
Coffee Tea And Hot Chocolate Products$4.4M33%
Hydration And Beverage Enhancing Supplements$1.6M12%
Other$352.6K3%

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