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Side-by-side financial comparison of KOSS CORP (KOSS) and EMERSON RADIO CORP (MSN). Click either name above to swap in a different company.

KOSS CORP is the larger business by last-quarter revenue ($2.9M vs $1.9M, roughly 1.5× EMERSON RADIO CORP). KOSS CORP runs the higher net margin — -19.8% vs -36.7%, a 16.9% gap on every dollar of revenue. On growth, KOSS CORP posted the faster year-over-year revenue change (-19.6% vs -52.8%). Over the past eight quarters, KOSS CORP's revenue compounded faster (4.2% CAGR vs -7.3%).

Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.

Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets, and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, an homage to Emerson's logo.

KOSS vs MSN — Head-to-Head

Bigger by revenue
KOSS
KOSS
1.5× larger
KOSS
$2.9M
$1.9M
MSN
Growing faster (revenue YoY)
KOSS
KOSS
+33.2% gap
KOSS
-19.6%
-52.8%
MSN
Higher net margin
KOSS
KOSS
16.9% more per $
KOSS
-19.8%
-36.7%
MSN
Faster 2-yr revenue CAGR
KOSS
KOSS
Annualised
KOSS
4.2%
-7.3%
MSN

Income Statement — Q2 2026 vs Q3 2026

Metric
KOSS
KOSS
MSN
MSN
Revenue
$2.9M
$1.9M
Net Profit
$-565.4K
$-694.0K
Gross Margin
29.0%
10.9%
Operating Margin
-35.5%
-43.7%
Net Margin
-19.8%
-36.7%
Revenue YoY
-19.6%
-52.8%
Net Profit YoY
-700.6%
-31.7%
EPS (diluted)
$-0.06
$-0.03

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
KOSS
KOSS
MSN
MSN
Q4 25
$2.9M
$1.9M
Q3 25
$4.1M
$1.2M
Q2 25
$3.1M
$1.7M
Q1 25
$2.8M
$1.8M
Q4 24
$3.6M
$4.0M
Q3 24
$3.2M
$2.7M
Q2 24
$2.9M
$2.2M
Q1 24
$2.6M
$2.2M
Net Profit
KOSS
KOSS
MSN
MSN
Q4 25
$-565.4K
$-694.0K
Q3 25
$243.7K
$-1.0M
Q2 25
$-232.7K
$-1.1M
Q1 25
$-316.7K
$-2.4M
Q4 24
$94.1K
$-527.0K
Q3 24
$-419.5K
$-881.0K
Q2 24
$-110.4K
$-962.0K
Q1 24
$-313.8K
$-883.0K
Gross Margin
KOSS
KOSS
MSN
MSN
Q4 25
29.0%
10.9%
Q3 25
40.0%
-0.1%
Q2 25
36.0%
0.7%
Q1 25
39.0%
-3.0%
Q4 24
39.5%
12.3%
Q3 24
36.6%
9.9%
Q2 24
40.4%
8.8%
Q1 24
31.9%
15.9%
Operating Margin
KOSS
KOSS
MSN
MSN
Q4 25
-35.5%
-43.7%
Q3 25
-1.1%
-98.4%
Q2 25
-14.2%
-78.1%
Q1 25
-18.7%
-137.8%
Q4 24
-4.0%
-18.3%
Q3 24
-19.9%
-40.8%
Q2 24
-11.0%
-55.6%
Q1 24
-23.1%
-52.2%
Net Margin
KOSS
KOSS
MSN
MSN
Q4 25
-19.8%
-36.7%
Q3 25
6.0%
-85.8%
Q2 25
-7.5%
-68.1%
Q1 25
-11.4%
-127.9%
Q4 24
2.6%
-13.2%
Q3 24
-13.1%
-32.2%
Q2 24
-3.8%
-43.8%
Q1 24
-11.9%
-40.1%
EPS (diluted)
KOSS
KOSS
MSN
MSN
Q4 25
$-0.06
$-0.03
Q3 25
$0.03
$-0.05
Q2 25
$-0.02
$-0.05
Q1 25
$-0.03
$-0.10
Q4 24
$0.01
$-0.03
Q3 24
$-0.05
$-0.04
Q2 24
$-0.01
$-0.05
Q1 24
$-0.03
$-0.04

Balance Sheet & Financial Strength

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

Metric
KOSS
KOSS
MSN
MSN
Cash + ST InvestmentsLiquidity on hand
$15.5M
$13.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$30.3M
$18.6M
Total Assets
$36.8M
$20.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOSS
KOSS
MSN
MSN
Q4 25
$15.5M
$13.3M
Q3 25
$16.5M
$13.5M
Q2 25
$15.7M
$15.5M
Q1 25
$13.0M
$16.1M
Q4 24
$9.7M
$16.4M
Q3 24
$11.9M
$16.7M
Q2 24
$14.9M
$18.9M
Q1 24
$9.9M
$19.9M
Stockholders' Equity
KOSS
KOSS
MSN
MSN
Q4 25
$30.3M
$18.6M
Q3 25
$30.9M
$19.3M
Q2 25
$30.6M
$20.4M
Q1 25
$30.7M
$21.5M
Q4 24
$31.0M
$23.9M
Q3 24
$30.8M
$24.4M
Q2 24
$31.1M
$25.3M
Q1 24
$31.1M
$26.2M
Total Assets
KOSS
KOSS
MSN
MSN
Q4 25
$36.8M
$20.1M
Q3 25
$37.7M
$20.7M
Q2 25
$37.2M
$23.3M
Q1 25
$37.3M
$23.5M
Q4 24
$37.4M
$26.4M
Q3 24
$38.1M
$26.6M
Q2 24
$37.2M
$28.5M
Q1 24
$37.6M
$29.1M

Cash Flow & Capital Efficiency

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

Metric
KOSS
KOSS
MSN
MSN
Operating Cash FlowLast quarter
$-760.8K
$-228.0K
Free Cash FlowOCF − Capex
$-1.1M
FCF MarginFCF / Revenue
-37.5%
Capex IntensityCapex / Revenue
10.9%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-546.7K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOSS
KOSS
MSN
MSN
Q4 25
$-760.8K
$-228.0K
Q3 25
$762.6K
$-2.0M
Q2 25
$-534.9K
$-514.0K
Q1 25
$370.4K
$-391.0K
Q4 24
$-252.0K
$-293.0K
Q3 24
$201.6K
$-2.1M
Q2 24
$-174.0K
$-840.0K
Q1 24
$328.6K
$-2.2M
Free Cash Flow
KOSS
KOSS
MSN
MSN
Q4 25
$-1.1M
Q3 25
$761.5K
Q2 25
$-541.8K
Q1 25
$306.2K
Q4 24
$-314.3K
$-301.0K
Q3 24
$-155.6K
$-2.1M
Q2 24
$-174.8K
$-1.0M
Q1 24
$269.3K
$-2.3M
FCF Margin
KOSS
KOSS
MSN
MSN
Q4 25
-37.5%
Q3 25
18.7%
Q2 25
-17.6%
Q1 25
11.0%
Q4 24
-8.8%
-7.5%
Q3 24
-4.9%
-77.8%
Q2 24
-6.0%
-46.4%
Q1 24
10.2%
-102.3%
Capex Intensity
KOSS
KOSS
MSN
MSN
Q4 25
10.9%
0.0%
Q3 25
0.0%
0.0%
Q2 25
0.2%
0.0%
Q1 25
2.3%
0.0%
Q4 24
1.8%
0.2%
Q3 24
11.2%
0.3%
Q2 24
0.0%
8.2%
Q1 24
2.3%
0.5%
Cash Conversion
KOSS
KOSS
MSN
MSN
Q4 25
Q3 25
3.13×
Q2 25
Q1 25
Q4 24
-2.68×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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