vs

Side-by-side financial comparison of KOPIN CORP (KOPN) and TRANSCONTINENTAL REALTY INVESTORS INC (TCI). Click either name above to swap in a different company.

TRANSCONTINENTAL REALTY INVESTORS INC is the larger business by last-quarter revenue ($12.1M vs $8.4M, roughly 1.4× KOPIN CORP). KOPIN CORP runs the higher net margin — 81.3% vs 68.8%, a 12.6% gap on every dollar of revenue. On growth, TRANSCONTINENTAL REALTY INVESTORS INC posted the faster year-over-year revenue change (2.3% vs -42.9%). Over the past eight quarters, TRANSCONTINENTAL REALTY INVESTORS INC's revenue compounded faster (0.7% 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.

Transcontinental Realty Investors Inc. (TCI) is a U.S.-based real estate investment firm that owns, operates and develops a diversified portfolio of residential, commercial and mixed-use properties across core U.S. regional markets. It pursues long-term value growth via strategic property acquisitions, efficient asset management and tailored leasing solutions for individual and business tenants.

KOPN vs TCI — Head-to-Head

Bigger by revenue
TCI
TCI
1.4× larger
TCI
$12.1M
$8.4M
KOPN
Growing faster (revenue YoY)
TCI
TCI
+45.1% gap
TCI
2.3%
-42.9%
KOPN
Higher net margin
KOPN
KOPN
12.6% more per $
KOPN
81.3%
68.8%
TCI
Faster 2-yr revenue CAGR
TCI
TCI
Annualised
TCI
0.7%
-8.7%
KOPN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KOPN
KOPN
TCI
TCI
Revenue
$8.4M
$12.1M
Net Profit
$6.8M
$8.3M
Gross Margin
Operating Margin
-60.0%
-28.9%
Net Margin
81.3%
68.8%
Revenue YoY
-42.9%
2.3%
Net Profit YoY
449.5%
7577.8%
EPS (diluted)
$0.04
$0.97

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
TCI
TCI
Q4 25
$8.4M
$12.1M
Q3 25
$12.0M
$12.8M
Q2 25
$8.5M
$12.2M
Q1 25
$10.5M
$12.0M
Q4 24
$14.6M
$11.8M
Q3 24
$13.3M
$11.6M
Q2 24
$12.3M
$11.8M
Q1 24
$10.0M
$11.9M
Net Profit
KOPN
KOPN
TCI
TCI
Q4 25
$6.8M
$8.3M
Q3 25
$4.1M
$724.0K
Q2 25
$-5.2M
$169.0K
Q1 25
$-3.1M
$4.6M
Q4 24
$-1.9M
$108.0K
Q3 24
$-3.5M
$1.7M
Q2 24
$-5.9M
$1.5M
Q1 24
$-32.5M
$2.5M
Operating Margin
KOPN
KOPN
TCI
TCI
Q4 25
-60.0%
-28.9%
Q3 25
37.9%
-10.9%
Q2 25
-64.6%
-6.8%
Q1 25
-37.1%
-5.3%
Q4 24
-15.1%
-14.3%
Q3 24
-21.0%
-14.4%
Q2 24
-44.2%
-9.2%
Q1 24
-325.4%
-11.2%
Net Margin
KOPN
KOPN
TCI
TCI
Q4 25
81.3%
68.8%
Q3 25
34.1%
5.6%
Q2 25
-61.1%
1.4%
Q1 25
-29.5%
38.5%
Q4 24
-13.3%
0.9%
Q3 24
-26.0%
14.7%
Q2 24
-48.0%
12.7%
Q1 24
-324.4%
21.4%
EPS (diluted)
KOPN
KOPN
TCI
TCI
Q4 25
$0.04
$0.97
Q3 25
$0.02
$0.08
Q2 25
$-0.03
$0.02
Q1 25
$-0.02
$0.53
Q4 24
$0.02
$0.01
Q3 24
$-0.03
$0.20
Q2 24
$-0.05
$0.17
Q1 24
$-0.27
$0.30

Balance Sheet & Financial Strength

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

Metric
KOPN
KOPN
TCI
TCI
Cash + ST InvestmentsLiquidity on hand
$36.4M
$89.0M
Total DebtLower is stronger
$210.8M
Stockholders' EquityBook value
$64.1M
$846.7M
Total Assets
$108.4M
$1.1B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOPN
KOPN
TCI
TCI
Q4 25
$36.4M
$89.0M
Q3 25
$26.5M
$82.7M
Q2 25
$26.8M
$73.5M
Q1 25
$31.5M
$88.6M
Q4 24
$35.6M
$99.7M
Q3 24
$36.2M
$131.6M
Q2 24
$17.6M
$127.5M
Q1 24
$21.1M
$130.8M
Total Debt
KOPN
KOPN
TCI
TCI
Q4 25
$210.8M
Q3 25
$223.5M
Q2 25
$212.4M
Q1 25
$198.2M
Q4 24
$181.9M
Q3 24
$180.3M
Q2 24
$177.4M
Q1 24
$178.3M
Stockholders' Equity
KOPN
KOPN
TCI
TCI
Q4 25
$64.1M
$846.7M
Q3 25
$21.3M
$838.4M
Q2 25
$16.0M
$837.7M
Q1 25
$20.7M
$837.3M
Q4 24
$23.3M
$832.3M
Q3 24
$22.7M
$832.2M
Q2 24
$-216.3K
$830.4M
Q1 24
$4.9M
$828.9M
Total Assets
KOPN
KOPN
TCI
TCI
Q4 25
$108.4M
$1.1B
Q3 25
$61.2M
$1.1B
Q2 25
$61.2M
$1.1B
Q1 25
$65.0M
$1.1B
Q4 24
$70.8M
$1.1B
Q3 24
$70.6M
$1.1B
Q2 24
$49.0M
$1.0B
Q1 24
$51.3M
$1.0B
Debt / Equity
KOPN
KOPN
TCI
TCI
Q4 25
0.25×
Q3 25
0.27×
Q2 25
0.25×
Q1 25
0.24×
Q4 24
0.22×
Q3 24
0.22×
Q2 24
0.21×
Q1 24
0.22×

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
TCI
TCI
Operating Cash FlowLast quarter
$-7.9M
$-2.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.15×
-0.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOPN
KOPN
TCI
TCI
Q4 25
$-7.9M
$-2.9M
Q3 25
$-110.4K
$8.2M
Q2 25
$-4.2M
$-2.9M
Q1 25
$-3.4M
$-7.4M
Q4 24
$-1.6M
$1.3M
Q3 24
$-6.5M
$13.7M
Q2 24
$-3.1M
$-511.0K
Q1 24
$-3.1M
$3.9M
Free Cash Flow
KOPN
KOPN
TCI
TCI
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
TCI
TCI
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
TCI
TCI
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
TCI
TCI
Q4 25
-1.15×
-0.35×
Q3 25
-0.03×
11.28×
Q2 25
-17.24×
Q1 25
-1.61×
Q4 24
12.13×
Q3 24
8.03×
Q2 24
-0.34×
Q1 24
1.52×

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%

TCI
TCI

Segment breakdown not available.

Related Comparisons