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Side-by-side financial comparison of KOSS CORP (KOSS) and Scilex Holding Co (SCLX). Click either name above to swap in a different company.

Scilex Holding Co is the larger business by last-quarter revenue ($4.8M vs $2.9M, roughly 1.7× KOSS CORP). KOSS CORP runs the higher net margin — -19.8% vs -961.9%, a 942.2% gap on every dollar of revenue. On growth, KOSS CORP posted the faster year-over-year revenue change (-19.6% vs -67.8%). Over the past eight quarters, KOSS CORP's revenue compounded faster (4.2% CAGR vs -33.6%).

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

Scilex Holding Co is a commercial-stage biopharmaceutical firm focused on developing and commercializing innovative non-opioid pain management therapies for acute and chronic pain segments. It primarily serves the US market, offering prescription and over-the-counter pain relief solutions for patients and healthcare providers.

KOSS vs SCLX — Head-to-Head

Bigger by revenue
SCLX
SCLX
1.7× larger
SCLX
$4.8M
$2.9M
KOSS
Growing faster (revenue YoY)
KOSS
KOSS
+48.3% gap
KOSS
-19.6%
-67.8%
SCLX
Higher net margin
KOSS
KOSS
942.2% more per $
KOSS
-19.8%
-961.9%
SCLX
Faster 2-yr revenue CAGR
KOSS
KOSS
Annualised
KOSS
4.2%
-33.6%
SCLX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
KOSS
KOSS
SCLX
SCLX
Revenue
$2.9M
$4.8M
Net Profit
$-565.4K
$-46.1M
Gross Margin
29.0%
45.5%
Operating Margin
-35.5%
-2317.8%
Net Margin
-19.8%
-961.9%
Revenue YoY
-19.6%
-67.8%
Net Profit YoY
-700.6%
-613.7%
EPS (diluted)
$-0.06
$-4.63

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
SCLX
SCLX
Q4 25
$2.9M
$4.8M
Q3 25
$4.1M
$10.6M
Q2 25
$3.1M
$9.9M
Q1 25
$2.8M
$5.0M
Q4 24
$3.6M
$14.9M
Q3 24
$3.2M
$14.4M
Q2 24
$2.9M
$16.4M
Q1 24
$2.6M
$10.9M
Net Profit
KOSS
KOSS
SCLX
SCLX
Q4 25
$-565.4K
$-46.1M
Q3 25
$243.7K
$-257.8M
Q2 25
$-232.7K
$-44.0M
Q1 25
$-316.7K
$-26.1M
Q4 24
$94.1K
$-6.5M
Q3 24
$-419.5K
$-4.4M
Q2 24
$-110.4K
$-37.6M
Q1 24
$-313.8K
$-24.4M
Gross Margin
KOSS
KOSS
SCLX
SCLX
Q4 25
29.0%
45.5%
Q3 25
40.0%
68.5%
Q2 25
36.0%
66.9%
Q1 25
39.0%
72.3%
Q4 24
39.5%
68.5%
Q3 24
36.6%
73.9%
Q2 24
40.4%
73.2%
Q1 24
31.9%
64.7%
Operating Margin
KOSS
KOSS
SCLX
SCLX
Q4 25
-35.5%
-2317.8%
Q3 25
-1.1%
-1766.2%
Q2 25
-14.2%
-207.2%
Q1 25
-18.7%
-557.5%
Q4 24
-4.0%
-190.5%
Q3 24
-19.9%
-138.0%
Q2 24
-11.0%
-95.4%
Q1 24
-23.1%
-179.0%
Net Margin
KOSS
KOSS
SCLX
SCLX
Q4 25
-19.8%
-961.9%
Q3 25
6.0%
-2441.5%
Q2 25
-7.5%
-445.1%
Q1 25
-11.4%
-521.2%
Q4 24
2.6%
-43.4%
Q3 24
-13.1%
-30.4%
Q2 24
-3.8%
-229.6%
Q1 24
-11.9%
-224.0%
EPS (diluted)
KOSS
KOSS
SCLX
SCLX
Q4 25
$-0.06
$-4.63
Q3 25
$0.03
$-22.17
Q2 25
$-0.02
$-7.42
Q1 25
$-0.03
$-2.26
Q4 24
$0.01
$8.53
Q3 24
$-0.05
$-0.58
Q2 24
$-0.01
$-7.67
Q1 24
$-0.03
$-8.33

Balance Sheet & Financial Strength

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

Metric
KOSS
KOSS
SCLX
SCLX
Cash + ST InvestmentsLiquidity on hand
$15.5M
$5.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$30.3M
$-207.8M
Total Assets
$36.8M
$365.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOSS
KOSS
SCLX
SCLX
Q4 25
$15.5M
$5.0M
Q3 25
$16.5M
$878.0K
Q2 25
$15.7M
$4.1M
Q1 25
$13.0M
$5.8M
Q4 24
$9.7M
$3.3M
Q3 24
$11.9M
$77.0K
Q2 24
$14.9M
$6.9M
Q1 24
$9.9M
$1.8M
Stockholders' Equity
KOSS
KOSS
SCLX
SCLX
Q4 25
$30.3M
$-207.8M
Q3 25
$30.9M
$-176.9M
Q2 25
$30.6M
$-249.0M
Q1 25
$30.7M
$-211.5M
Q4 24
$31.0M
$-192.6M
Q3 24
$30.8M
$-211.3M
Q2 24
$31.1M
$-214.7M
Q1 24
$31.1M
$-189.8M
Total Assets
KOSS
KOSS
SCLX
SCLX
Q4 25
$36.8M
$365.0M
Q3 25
$37.7M
$275.9M
Q2 25
$37.2M
$83.8M
Q1 25
$37.3M
$79.0M
Q4 24
$37.4M
$93.0M
Q3 24
$38.1M
$100.4M
Q2 24
$37.2M
$104.5M
Q1 24
$37.6M
$91.2M

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
SCLX
SCLX
Operating Cash FlowLast quarter
$-760.8K
$-17.5M
Free Cash FlowOCF − Capex
$-1.1M
FCF MarginFCF / Revenue
-37.5%
Capex IntensityCapex / Revenue
10.9%
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
SCLX
SCLX
Q4 25
$-760.8K
$-17.5M
Q3 25
$762.6K
$8.2M
Q2 25
$-534.9K
$7.0M
Q1 25
$370.4K
$6.0M
Q4 24
$-252.0K
$2.5M
Q3 24
$201.6K
$5.1M
Q2 24
$-174.0K
$2.3M
Q1 24
$328.6K
$9.4M
Free Cash Flow
KOSS
KOSS
SCLX
SCLX
Q4 25
$-1.1M
Q3 25
$761.5K
Q2 25
$-541.8K
Q1 25
$306.2K
Q4 24
$-314.3K
Q3 24
$-155.6K
Q2 24
$-174.8K
Q1 24
$269.3K
FCF Margin
KOSS
KOSS
SCLX
SCLX
Q4 25
-37.5%
Q3 25
18.7%
Q2 25
-17.6%
Q1 25
11.0%
Q4 24
-8.8%
Q3 24
-4.9%
Q2 24
-6.0%
Q1 24
10.2%
Capex Intensity
KOSS
KOSS
SCLX
SCLX
Q4 25
10.9%
Q3 25
0.0%
Q2 25
0.2%
Q1 25
2.3%
Q4 24
1.8%
Q3 24
11.2%
0.0%
Q2 24
0.0%
Q1 24
2.3%
Cash Conversion
KOSS
KOSS
SCLX
SCLX
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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