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Side-by-side financial comparison of KOPIN CORP (KOPN) and SOLESENCE, INC. (SLSN). Click either name above to swap in a different company.
SOLESENCE, INC. is the larger business by last-quarter revenue ($12.5M vs $8.4M, roughly 1.5× KOPIN CORP). KOPIN CORP runs the higher net margin — 81.3% vs 1.3%, a 80.0% gap on every dollar of revenue. On growth, SOLESENCE, INC. posted the faster year-over-year revenue change (-0.7% vs -42.9%). Over the past eight quarters, SOLESENCE, INC.'s revenue compounded faster (12.5% 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.
KOPN vs SLSN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $8.4M | $12.5M |
| Net Profit | $6.8M | $163.0K |
| Gross Margin | — | 27.5% |
| Operating Margin | -60.0% | 1.5% |
| Net Margin | 81.3% | 1.3% |
| Revenue YoY | -42.9% | -0.7% |
| Net Profit YoY | 449.5% | 129.2% |
| EPS (diluted) | $0.04 | $0.00 |
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.
| Q4 25 | $8.4M | $12.5M | ||
| Q3 25 | $12.0M | $14.6M | ||
| Q2 25 | $8.5M | $20.4M | ||
| Q1 25 | $10.5M | $14.6M | ||
| Q4 24 | $14.6M | $12.6M | ||
| Q3 24 | $13.3M | $16.9M | ||
| Q2 24 | $12.3M | $13.0M | ||
| Q1 24 | $10.0M | $9.9M |
| Q4 25 | $6.8M | $163.0K | ||
| Q3 25 | $4.1M | $-1.1M | ||
| Q2 25 | $-5.2M | $2.7M | ||
| Q1 25 | $-3.1M | $80.0K | ||
| Q4 24 | $-1.9M | $-559.0K | ||
| Q3 24 | $-3.5M | $3.0M | ||
| Q2 24 | $-5.9M | $856.0K | ||
| Q1 24 | $-32.5M | $893.0K |
| Q4 25 | — | 27.5% | ||
| Q3 25 | — | 23.1% | ||
| Q2 25 | — | 28.9% | ||
| Q1 25 | — | 23.1% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 36.2% | ||
| Q2 24 | — | 28.7% | ||
| Q1 24 | — | 36.3% |
| Q4 25 | -60.0% | 1.5% | ||
| Q3 25 | 37.9% | -5.4% | ||
| Q2 25 | -64.6% | 9.4% | ||
| Q1 25 | -37.1% | 1.8% | ||
| Q4 24 | -15.1% | -1.8% | ||
| Q3 24 | -21.0% | 19.0% | ||
| Q2 24 | -44.2% | 8.0% | ||
| Q1 24 | -325.4% | 11.3% |
| Q4 25 | 81.3% | 1.3% | ||
| Q3 25 | 34.1% | -7.7% | ||
| Q2 25 | -61.1% | 13.1% | ||
| Q1 25 | -29.5% | 0.5% | ||
| Q4 24 | -13.3% | -4.4% | ||
| Q3 24 | -26.0% | 18.1% | ||
| Q2 24 | -48.0% | 6.6% | ||
| Q1 24 | -324.4% | 9.0% |
| Q4 25 | $0.04 | $0.00 | ||
| Q3 25 | $0.02 | $-0.02 | ||
| Q2 25 | $-0.03 | $0.04 | ||
| Q1 25 | $-0.02 | $0.00 | ||
| Q4 24 | $0.02 | $0.00 | ||
| Q3 24 | $-0.03 | $0.04 | ||
| Q2 24 | $-0.05 | $0.01 | ||
| Q1 24 | $-0.27 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.4M | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $64.1M | $17.6M |
| Total Assets | $108.4M | $50.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.4M | $1.3M | ||
| Q3 25 | $26.5M | $429.0K | ||
| Q2 25 | $26.8M | $4.1M | ||
| Q1 25 | $31.5M | $1.8M | ||
| Q4 24 | $35.6M | $1.4M | ||
| Q3 24 | $36.2M | $2.9M | ||
| Q2 24 | $17.6M | $2.4M | ||
| Q1 24 | $21.1M | $2.0M |
| Q4 25 | $64.1M | $17.6M | ||
| Q3 25 | $21.3M | $17.2M | ||
| Q2 25 | $16.0M | $18.2M | ||
| Q1 25 | $20.7M | $15.2M | ||
| Q4 24 | $23.3M | $14.9M | ||
| Q3 24 | $22.7M | $15.2M | ||
| Q2 24 | $-216.3K | $11.9M | ||
| Q1 24 | $4.9M | $5.0M |
| Q4 25 | $108.4M | $50.1M | ||
| Q3 25 | $61.2M | $54.0M | ||
| Q2 25 | $61.2M | $60.0M | ||
| Q1 25 | $65.0M | $57.0M | ||
| Q4 24 | $70.8M | $50.0M | ||
| Q3 24 | $70.6M | $48.0M | ||
| Q2 24 | $49.0M | $40.8M | ||
| Q1 24 | $51.3M | $38.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-7.9M | $1.8M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -1.15× | 11.16× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-7.9M | $1.8M | ||
| Q3 25 | $-110.4K | $-2.5M | ||
| Q2 25 | $-4.2M | $-654.0K | ||
| Q1 25 | $-3.4M | $-7.2M | ||
| Q4 24 | $-1.6M | $2.2M | ||
| Q3 24 | $-6.5M | $4.2M | ||
| Q2 24 | $-3.1M | $-565.0K | ||
| Q1 24 | $-3.1M | $-3.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-4.9M | — | ||
| Q1 25 | $-3.9M | — | ||
| Q4 24 | $-2.1M | $-404.0K | ||
| Q3 24 | $-6.5M | $2.8M | ||
| Q2 24 | $-3.1M | $-1.0M | ||
| Q1 24 | $-3.4M | $-3.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -57.9% | — | ||
| Q1 25 | -37.1% | — | ||
| Q4 24 | -14.2% | -3.2% | ||
| Q3 24 | -48.6% | 16.6% | ||
| Q2 24 | -25.5% | -8.0% | ||
| Q1 24 | -33.4% | -39.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 8.7% | — | ||
| Q1 25 | 4.7% | — | ||
| Q4 24 | 3.4% | 20.6% | ||
| Q3 24 | 0.1% | 8.3% | ||
| Q2 24 | 0.5% | 3.7% | ||
| Q1 24 | 2.4% | 0.9% |
| Q4 25 | -1.15× | 11.16× | ||
| Q3 25 | -0.03× | — | ||
| Q2 25 | — | -0.25× | ||
| Q1 25 | — | -90.26× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.38× | ||
| Q2 24 | — | -0.66× | ||
| Q1 24 | — | -4.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KOPN
| Net Product Revenues | $5.6M | 67% |
| Other | $2.7M | 33% |
SLSN
Segment breakdown not available.
