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

Protalix BioTherapeutics, Inc. is the larger business by last-quarter revenue ($9.1M vs $8.4M, roughly 1.1× KOPIN CORP). KOPIN CORP runs the higher net margin — 81.3% vs -60.3%, a 141.7% gap on every dollar of revenue. On growth, KOPIN CORP posted the faster year-over-year revenue change (-42.9% vs -49.9%). Over the past eight quarters, Protalix BioTherapeutics, Inc.'s revenue compounded faster (-6.7% 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.

Protalix BioTherapeutics is an Israeli pharmaceutical company that manufactures a plant-based enzyme, taliglucerase alfa, which has received U.S. Food and Drug Administration approval for the treatment of Gaucher disease.

KOPN vs PLX — Head-to-Head

Bigger by revenue
PLX
PLX
1.1× larger
PLX
$9.1M
$8.4M
KOPN
Growing faster (revenue YoY)
KOPN
KOPN
+7.1% gap
KOPN
-42.9%
-49.9%
PLX
Higher net margin
KOPN
KOPN
141.7% more per $
KOPN
81.3%
-60.3%
PLX
Faster 2-yr revenue CAGR
PLX
PLX
Annualised
PLX
-6.7%
-8.7%
KOPN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KOPN
KOPN
PLX
PLX
Revenue
$8.4M
$9.1M
Net Profit
$6.8M
$-5.5M
Gross Margin
49.4%
Operating Margin
-60.0%
-51.1%
Net Margin
81.3%
-60.3%
Revenue YoY
-42.9%
-49.9%
Net Profit YoY
449.5%
-184.8%
EPS (diluted)
$0.04
$-0.06

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
PLX
PLX
Q4 25
$8.4M
$9.1M
Q3 25
$12.0M
$17.9M
Q2 25
$8.5M
$15.7M
Q1 25
$10.5M
$10.1M
Q4 24
$14.6M
$18.2M
Q3 24
$13.3M
$18.0M
Q2 24
$12.3M
$13.5M
Q1 24
$10.0M
Net Profit
KOPN
KOPN
PLX
PLX
Q4 25
$6.8M
$-5.5M
Q3 25
$4.1M
$2.4M
Q2 25
$-5.2M
$164.0K
Q1 25
$-3.1M
$-3.6M
Q4 24
$-1.9M
$6.5M
Q3 24
$-3.5M
$3.2M
Q2 24
$-5.9M
$-2.2M
Q1 24
$-32.5M
Gross Margin
KOPN
KOPN
PLX
PLX
Q4 25
49.4%
Q3 25
53.4%
Q2 25
62.5%
Q1 25
19.1%
Q4 24
78.7%
Q3 24
53.4%
Q2 24
29.8%
Q1 24
Operating Margin
KOPN
KOPN
PLX
PLX
Q4 25
-60.0%
-51.1%
Q3 25
37.9%
11.9%
Q2 25
-64.6%
7.5%
Q1 25
-37.1%
-41.0%
Q4 24
-15.1%
39.6%
Q3 24
-21.0%
22.2%
Q2 24
-44.2%
-18.0%
Q1 24
-325.4%
Net Margin
KOPN
KOPN
PLX
PLX
Q4 25
81.3%
-60.3%
Q3 25
34.1%
13.2%
Q2 25
-61.1%
1.0%
Q1 25
-29.5%
-35.8%
Q4 24
-13.3%
35.6%
Q3 24
-26.0%
18.0%
Q2 24
-48.0%
-16.4%
Q1 24
-324.4%
EPS (diluted)
KOPN
KOPN
PLX
PLX
Q4 25
$0.04
$-0.06
Q3 25
$0.02
$0.03
Q2 25
$-0.03
$0.00
Q1 25
$-0.02
$-0.05
Q4 24
$0.02
$0.10
Q3 24
$-0.03
$0.03
Q2 24
$-0.05
$-0.03
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
PLX
PLX
Cash + ST InvestmentsLiquidity on hand
$36.4M
$14.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$64.1M
$48.2M
Total Assets
$108.4M
$82.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOPN
KOPN
PLX
PLX
Q4 25
$36.4M
$14.7M
Q3 25
$26.5M
$13.6M
Q2 25
$26.8M
$17.9M
Q1 25
$31.5M
$19.5M
Q4 24
$35.6M
$19.8M
Q3 24
$36.2M
$27.4M
Q2 24
$17.6M
$23.4M
Q1 24
$21.1M
Stockholders' Equity
KOPN
KOPN
PLX
PLX
Q4 25
$64.1M
$48.2M
Q3 25
$21.3M
$52.9M
Q2 25
$16.0M
$49.9M
Q1 25
$20.7M
$45.2M
Q4 24
$23.3M
$43.2M
Q3 24
$22.7M
$32.4M
Q2 24
$-216.3K
$28.6M
Q1 24
$4.9M
Total Assets
KOPN
KOPN
PLX
PLX
Q4 25
$108.4M
$82.3M
Q3 25
$61.2M
$82.3M
Q2 25
$61.2M
$78.5M
Q1 25
$65.0M
$73.9M
Q4 24
$70.8M
$73.4M
Q3 24
$70.6M
$61.6M
Q2 24
$49.0M
$91.5M
Q1 24
$51.3M

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
PLX
PLX
Operating Cash FlowLast quarter
$-7.9M
$2.0M
Free Cash FlowOCF − Capex
$1.6M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
-1.15×
TTM Free Cash FlowTrailing 4 quarters
$-13.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOPN
KOPN
PLX
PLX
Q4 25
$-7.9M
$2.0M
Q3 25
$-110.4K
$-3.7M
Q2 25
$-4.2M
$-5.2M
Q1 25
$-3.4M
$-5.1M
Q4 24
$-1.6M
$4.0M
Q3 24
$-6.5M
$4.1M
Q2 24
$-3.1M
$-3.6M
Q1 24
$-3.1M
Free Cash Flow
KOPN
KOPN
PLX
PLX
Q4 25
$1.6M
Q3 25
$-4.2M
Q2 25
$-4.9M
$-5.7M
Q1 25
$-3.9M
$-5.4M
Q4 24
$-2.1M
$3.6M
Q3 24
$-6.5M
$4.0M
Q2 24
$-3.1M
$-3.8M
Q1 24
$-3.4M
FCF Margin
KOPN
KOPN
PLX
PLX
Q4 25
17.8%
Q3 25
-23.7%
Q2 25
-57.9%
-36.2%
Q1 25
-37.1%
-53.0%
Q4 24
-14.2%
19.6%
Q3 24
-48.6%
22.4%
Q2 24
-25.5%
-28.1%
Q1 24
-33.4%
Capex Intensity
KOPN
KOPN
PLX
PLX
Q4 25
4.4%
Q3 25
2.8%
Q2 25
8.7%
2.8%
Q1 25
4.7%
3.0%
Q4 24
3.4%
2.3%
Q3 24
0.1%
0.5%
Q2 24
0.5%
1.3%
Q1 24
2.4%
Cash Conversion
KOPN
KOPN
PLX
PLX
Q4 25
-1.15×
Q3 25
-0.03×
-1.58×
Q2 25
-31.91×
Q1 25
Q4 24
0.61×
Q3 24
1.27×
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%

PLX
PLX

Products$8.7M95%
Other$428.0K5%

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